Frankfurt am Main (ots) - As announced, the Supervisory Board has appointed Dr Günther Bräunig (62) as Chief Executive Officer of KfW. Dr Bräunig has been a member of the Executive Board of KfW since 2006 and Deputy CEO of KfW since September 2017. He will assume his role as Chief Executive Officer with effect from 1 January 2018. His contract remains unchanged until 30 June 2021. His curricula vitae and press photos ...
Frankfurt am Main (ots) - - Cruise liners to be largely powered with LNG propulsion - Consortium led by KfW IPEX-Bank provides over EUR 2.5 billion multi-ECA financing - Support for European shipbuilding with a high share of supplies from Germany KfW IPEX-Bank is financing two reduced-emission cruise ships for Royal Caribbean Cruises Ltd. (RCCL). The EUR 2.5 billion ...
Frankfurt am Main (ots) - - Liquidity is key: KfW benchmark bonds enjoy huge success - Potential increase to outstanding euro benchmarks - Commitment to responsibility on the capital market comes to fruition - KfW plans to raise EUR 70 to 75 billion in capital markets in 2018 KfW has taken advantage of the excellent funding conditions that have presented themselves ...
Frankfurt am Main (ots) - The Chair of the KfW Board of Supervisory Directors, Germany's acting Federal Minister Peter Altmaier, and Deputy Chair Brigitte Zypries, acting Federal Minister of Economic Affairs and Energy, provide this statement following the meeting of the KfW Board of Supervisory Directors on 7 December 2017: Today, the Board of Supervisory Directors ...
Frankfurt am Main (ots) - - Solar energy partnership: First agreement for EUR 150 million with the State Bank of India (SBI) - Continued development of financing market for solar power plants - Improvement in power supply for the people of India On behalf of the Federal Ministry for Economic Cooperation and Development (BMZ), KfW has signed an agreement with the State ...
Frankfurt am Main (ots) - - First loan agreement for EUR 45 million signed in Baghdad - Major contribution to stabilising the region Today KfW Development Bank signed a first EUR 45 million loan agreement on behalf of the German Federal Foreign Office. The funds will finance substations, power lines and pylons to restore electricity supply to the greater Mosul area. ...
Frankfurt am Main (ots) - - The UN Climate Change Secretariat awards prize for the rewetting of peatlands in Russia to prevent fires and mitigate climate change - Huge contribution to climate protection - Risk of fire reduced for area of 100,000 hectares Today, the UN Climate Change Secretariat awarded the project "Restoring of peatlands in Russia" to prevent fires and ...
Frankfurt am Main (ots) - - Adapting urban infrastructure to the impacts of climate change - Reducing the risk of flooding KfW and the Green Climate Fund (GCF) have signed their first financing agreement, thereby marking the start of their joint promotion of climate change adaptation measures in Bangladesh. With a ...
Frankfurt am Main (ots) - - Representative survey: respondents agree change is necessary - High willingness to change personal behaviour also confirmed - One in three respondents has already changed their mobility behaviour - Scepticism towards e-mobility still widespread In the face of increasingly congested roads, ...
Frankfurt am Main (ots) - - Total promotional business volume of EUR 54.7 billion - Domestic promotion at EUR 41.1 billion - Strong demand in the SME sector and residential costruction - KfW IPEX-Bank: Slight increase in commitments to EUR 8.8 billion - Consolidated profit of EUR 1,099 million In the first nine months of 2017, the promotional business of KfW Group reached a total volume of EUR 54.7 billion (prior-year ...
Frankfurt am Main (ots) - - In 2016, one in six businesses was founded by mompreneurs - Personal services were the main focus - Start-ups as opportunity to balance work and family life Start-up activity in Germany has been on the decline for some 15 years now as a result of Germany's vibrant labour market. The number of business start-ups fell from 1.5 million in 2002 to 672,000 in 2017. The share of start-ups by women, ...
Frankfurt am Main (ots) - Dr Norbert Kloppenburg is leaving after 28 years - having been Member of KfW's Executive Board for nearly 11 years Dr Joachim Nagel will take up his post as a member of KfW Group's Executive Board with effect from 1 November 2017, assuming responsibility for international business. On 29 June 2016, Dr Nagel (51) was appointed as a member of ...
Frankfurt am Main (ots) - - Voluntary acknowledgement to honour caregiving performed by employees - Diverse support services related to 'work and caregiving' Today, KfW and its subsidiary KfW IPEX-Bank signed the charter on balancing work and caregiving in the state of Hesse. In the Haus der Wirtschaft in Frankfurt, Dr Günther Bräunig, Deputy CEO of KfW Group, ...
5GAA - 5G Automotive Association e.V.
Frankfurt (ots) - Industry association calls on European Commission to allow stakeholders to work collaboratively towards an agreement on the technology catalyzing the mobility of the future and warns against a "premature and cumbersome legislative decision" The 5G Automotive Association (5GAA) encourages the ...
Frankfurt am Main (ots) - - Growth forecast raised from 1.8% to 2.2% for 2017 and from 1.7% to 2.0% for 2018 - Sentiment remains outstanding as hard cyclical indicators catch up - Strong euro could be a headwind The upswing in the euro area is consolidating and entering its fifth consecutive year. All countries of the single currency area are now benefiting from ...
Frankfurt am Main (ots) - - VC fundraising climate ascends to new heights - Assessment of VC deal flow assessment dips - Satisfaction with entry prices at rock bottom The mood on the German private equity market reached a new high in early summer. The business climate index of the German Private Equity Barometer climbed by 3.4 points to 65.2 balance points in the ...
Frankfurt am Main (ots) - On 1 August 2017, KfW Group and L-Bank, the promotional bank of the state of Baden-Württemberg, concluded a global loan agreement for EUR 200 million based on KfW's ERP digitalisation and innovation loan. KfW launched this programme on 1 July 2017 to support SMEs in financing a wide range ...
Frankfurt am Main (ots) - - Fast-growing enterprises are crucial for economic growth and job creation - Employment of graduates, international orientation and R&D activities are the main drivers of fast growth Successful, fast-growing enterprises are very important for economic development. While the success of enterprises cannot be planned with certainty, high-growth enterprises in Germany have several features that set ...
Frankfurt am Main (ots) - - Total promotional business volume of EUR 36.5 billion - Domestic promotional business volume increases to EUR 27.6 billion - Consistently high demand for residential construction and commercial loans - Commitments at KfW IPEX-Bank increase to EUR 5.7 billion - Consolidated profit of EUR 801 million KfW Group's promotional activity reached a ...
Frankfurt am Main (ots) - - KfW to use blockchain technology for the first time to improve transparency in the use of budgetary funds - Pilot project planned in Africa On behalf of the Federal Ministry for Economic Cooperation and Development (BMZ), KfW is going to test what is known as blockchain technology in partner countries in Africa. This technology enables reliable records to be kept of all work and approval steps ...
Frankfurt am Main (ots) - - SMEs' expectations and, above all, situation assessments have risen strongly - Large enterprises are marginally less optimistic - Euphoric sentiment overdraws what is nevertheless a strong business cycle In June, business confidence among small and medium-sized enterprises in Germany rose by a distinctive 4.8 points - nearly two and a half times the usual monthly variation - to now 28.0 balance ...
Frankfurt am Main (ots) - - Move is to strengthen Germany as a location for start-ups and fast-growing innovative technology firms - Planned investment volume of EUR 2 billion over the next 10 years - Subsidiary is scheduled to be founded in early 2018 and commence operations in the middle of the year In the years ahead, KfW will substantially expand its activities in the field of equity finance. For this purpose it will ...
Frankfurt am Main (ots) - - New business loans up 3.1% in first quarter of 2017 - With the economy doing well and borrowing costs expected to rise, growing investment confidence is finally boosting demand as well - KfW Research expects the credit market to gain further momentum into summer Estimates by KfW Research indicate that new lending from German banks and ...
Frankfurt am Main (ots) - - 1947: US Secretary of State George C. Marshall launches the "European Recovery Program" (ERP) - 1948: KfW is founded to channel the ERP funds - Promotional business volume of KfW since its foundation totals over EUR 1.5 trillion 2017 marks the seventieth anniversary of the announcement of the Marshall Plan, one of KfW's most significant historical foundations. On behalf of the German Federal ...
Frankfurt am Main (ots) - - Breaking ground for the fourth solar power plant in Ouarzazate - NOORo I - IV becomes the largest solar power complex in the world - Electricity for 1.3 million people In the presence of the Moroccan King, Mohammed VI, the first sod was cut in Ouarzazate for the construction of a fourth power plant - NOORo IV - inside the world's largest solar power complex. KfW signed the loan agreement for ...
Frankfurt am Main (ots) - - EUR 16.1 billion new commitment volume - EUR 484 million contribution to KfW's consolidated earnings reaffirms status as source of earnings for the Group - KfW IPEX-Bank GmbH, as a legally independent and separate reporting entity, records pre-tax profit from operating activities of EUR 108 million - 2017 outlook: focus on syndicate ...
Frankfurt am Main (ots) - - Promotional business rises to EUR 81 billion - Consolidated profit reaches EUR 2 billion - Total assets are slightly higher than last year's level at EUR 507 billion KfW Group once again registered very strong demand for its financing products in financial year 2016. The volume of new promotional commitments rose to a total of EUR 81 billion ...
Frankfurt am Main (ots) - Working together with another bank, KfW IPEX-Bank is providing financing to build a new and modern logistics centre for the REWE retail group in Koblenz. The loan of up to EUR 58 million will fall under the KfW Energy Efficiency Programme. The total investment of the project is around EUR 80 million. The logistics centre will meet the highest ...
Frankfurt am Main (ots) - - Christian K. Murach entering retirement - Andreas Ufer in new role on the Management Board - Claudia Schneider newly appointed to the Management Board A number of changes in personnel are taking place on the Management Board at KfW IPEX-Bank: The member of the Management Board responsible for the area "Markets II and Treasury" at KfW IPEX-Bank, Christian K. Murach, will begin his retirement at ...
Frankfurt am Main (ots) - - KfW study: only 16% of SMEs rely on e-commerce - Share in total turnover is still low - Retailers, wholesalers and young businesses are pioneers E-commerce, the selling of products using online channels, still plays only a minor role in the German SME sector. A representative study conducted by KfW Research on the basis of the KfW SME Panel shows that small and medium-sized enterprises ...