Tag Archives: KfW

KfW funded rAREH to build 2.7 MW hydropower station in Rwanda

KfW supporting public-private company rAREH with the construction of hydropower stations in Sub-Saharan Africa USD 8 million for Rwanza hydropower station Frankfurt am Main, 11-Jul-2017 — /EuropaWire/ — Set up and funded by KfW on behalf of the German Ministry for … Read the full press release

This year’s KfW Entrepreneurs’ Award accepts applications until 1 August 2017

Prize for start-ups formed in or after 2012 EUR 35,000 in total prize money Awards to be presented to 16 regional winners and one national winner Winners to be chosen for one special award and one “people’s choice” award Frankfurt … Read the full press release

KfW to substantially expand its activities in the field of equity finance

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 … Read the full press release

KfW-ifo SME Barometer: the business climate in Germany during April at the record level of 24.9 balance points

Improved business situation and expectations drive SME business climate to record level Large enterprises are much more satisfied with their present business situation but less optimistic Economic outlook for Germany continues to brighten Frankfurt am Main, 05-May-2017 — /EuropaWire/ — … Read the full press release

Business Lending in Germany Rise by 2.6%

New business loans up 2.6% in fourth quarter of 2016 Increase driven by the expectation of rising borrowing costs, but businesses remain reluctant to invest KfW Research expects business lending to continue rising moderately in the first half of 2017 … Read the full press release

KfW funds construction of the largest solar power complex in the world

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 Frankfurt am Main, 07-Apr-2017 — /EuropaWire/ — In the presence of the Moroccan … Read the full press release

KfW IPEX-Bank provides financing to build new and modern logistics centre in Koblenz for REWE

Frankfurt am Main, 28-Mar-2017 — /EuropaWire/ — 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 … Read the full press release

8 in 10 German SMEs are still not utilizing e-commerce

KfW study: only 16% of SMEs rely on e-commerce Share in total turnover is still low Retailers, wholesalers and young businesses are pioneers Frankfurt am Main, 14-Feb-2017 — /EuropaWire/ — E-commerce, the selling of products using online channels, still plays … Read the full press release

KfW Award for Housing and Construction to recognise top sustainable living projects; now on its 15th year

The deadline is 1 March 2017 KfW Award for Housing and Construction celebrates 15th anniversary Winners receive a total of EUR 30,000 This year’s motto: “Enlarge, extend, convert – creating and modernising efficient living space” Frankfurt am Main, 07-Feb-2017 — … Read the full press release

SMEs in Germany optimistic about 2017 – KfW-ifo SME Barometer

Confidence rises among SMEs and large enterprises Domestic demand remains sound as companies hope for a recovery of export markets Upswing will enter fourth year under difficult conditions FRANKFURT AM MAIN, 29-Dec-2016 — /EuropaWire/ — Small and medium-sized enterprises in … Read the full press release

KfW SME Panel: Number of trainees at SMEs has remained relatively stable at 1.2 million

FRANKFURT AM MAIN, 30-Aug-2016 — /EuropaWire/ — Nine out of ten apprentices train in mid-sized companies SMEs are bucking the trend and keeping their trainee numbers constant at around 1.2 million Manual trades are particularly popular Refugees are reason behind first … Read the full press release

KfW took out EUR 42.4 billion on the international capital markets in 1H2016

Need for funding unchanged in 2016 at EUR 70–75 billion Strong demand for liquid EUR bonds – even with negative yields Outstanding access to the market, including in USD, facilitates the issue of liquid global bonds Demand for sterling bonds … Read the full press release

German municipalities’ investment backlog rose from EUR 132 billion in 2014 to EUR 136 billion in 2015 – KfW Municipal Panel 2016

German municipalities report EUR 136 billion investment backlog Investment need is particularly high in schools and education, road and transport infrastructure Municipal treasurers anticipate rising spending needs to integrate immigrants and refugee children FRANKFURT AM MAIN, 30-Jun-2016 — /EuropaWire/ — … Read the full press release

KfW to provide UR 150M loan to People’s Republic of China to finance measures to reduce emissions

A loan of EUR 150 million for the People’s Republic of China Improvement in general environmental conditions Reduction in emissions from industry as well as the energy, transport and agricultural sectors Frankfurt am Main, 28-Mar-2016 — /EuropaWire/ — KfW has … Read the full press release

Euro area economy will remain on a path of recovery this year – KfW Business Cycle Compass Euro Area

KfW Research expects GDP growth of 1.6% for 2016 and 1.8% for 2017 Private consumption is driving growth while investment is held back by uncertainties The main risks to the recovery are financial market turbulence, slower growth in emerging economies … Read the full press release

KfW continues its support to federal states and municipalities by providing interest-free loans for refugees’ permanent housing and social integration

Final increase to the extraordinary promotion for creating refugee accommodation – up to a total of EUR 1.5 billion by means of interest-free loans for municipalities Around 550 loan commitments with a total volume of EUR 1,045 million have been … Read the full press release

KfW plans to raise EUR 70-75 billion long-term funding in 2016

Funding of EUR 70-75 billion planned for 2016 “Green Bonds – Made by KfW” – sustainability rating of banks to be taken into account for the award of mandates European cooperation in the securitisation of SME loans Frankfurt am Main, 11-12-2015 … Read the full press release

Applications now accepted for KfW Award for Construction and Housing 2016 through 7 March 2016

This year’s topic: “Urban living – houses in the city” Total prize money of EUR 30,000 for the winners Application phase ends 7 March 2016 Frankfurt am Main, 11-12-2015 — /EuropaWire/ — “Urban living – houses in the city” is this year’s … Read the full press release

Cassa Depositi e Prestiti (CDP), KFW, European Investment Fund (EIF) to invest in mezzanine tranche of cash securitization of lease receivables extended to SMEs in Italy

ROME, 7-12-2015 — /EuropaWire/ — Cassa Depositi e Prestiti (CDP), KFW and the European Investment Fund (EIF) jointly invested in a mezzanine tranche of a cash securitization of lease receivables extended to small – and – medium-sized enterprises (SMEs) located in Italy. … Read the full press release

KfW: Landesbank Baden-Württemberg the first institution in the Sparkassen-Finanzgruppe to participate in the new “On-lending Online 2.0” promotional funding platform

Automated assessment of eligibility for promotion and loan commitment at the push of a button for KfW’s housing sector products Clients benefit from faster and easier access to promotion FRANKFURT, 17-7-2015 — /EuropaWire/ — Landesbank Baden-Württemberg (LBBW) has become the … Read the full press release

KfW further improves the conditions for promotion under its “Energy-Efficient Refurbishment” programme

Grants for KfW Efficiency Houses increased by five percentage points Repayment bonus of 7.5% introduced for individual measures within the lending programme Maximum loan amount raised to EUR 100,000 FRANKFURT, 8-7-2015 — /EuropaWire/ — KfW is making further improvements to the … Read the full press release

KfW Research: very marginal growth in German corporate investments expected in 2015

KfW Research foresees only a slight rise of 0.9% for 2015 compared with the previous year Increasing dynamism over the coming year thanks to growing capacity utilisation in the economy Frankfurt am Main, 6-5-2015 — /EuropaWire/ — After a very … Read the full press release

KfW to offer its self-funded “Start-Up Coaching in Germany” advisory programme once the programme funded by the European Social Fund ends on 30 April 2015

KfW is continuing its advisory programme in 2015 Founders and young entrepreneurs receive a grant for professional advisory services FRANKFURT, 2-4-2015 — /EuropaWire/ — KfW will be offering its self-funded “Start-Up Coaching in Germany” advisory programme from 1 May 2015. In … Read the full press release

KfW Research: SMEs in Germany are falling victim to demographics; one third of SME owners aged 55 or above

German SMEs are falling victim to demographics One third of SME owners is older than 55 Older entrepreneurs make far fewer investments This erodes company assets and curbs growth FRANKFURT, 24-3-2015 — /EuropaWire/ — Demographic change is having a major impact … Read the full press release

KfW improves its “Energy-Efficient Refurbishment” programme

5% increase in repayment bonuses for all KfW Efficiency House standards Binding right to grants for construction supervision FRANKFURT, 06-1-2015 — /EuropaWire/ — KfW improves its “Energy-Efficient Refurbishment” programme: The repayment bonuses for all KfW Efficiency House standards have become … Read the full press release

KfW IPEX-Bank finances the construction of ten river cruise ships for Viking River Cruises

KfW IPEX-Bank provides funding for Viking River Cruises Order for the building of river cruise ships placed with Neptun Werft shipyard in Rostock Frankfurt am Main, 3-12-2014 — /EuropaWire/ — KfW IPEX-Bank is financing the construction of ten river cruise … Read the full press release

KfW Economic outlook 2015: The German economy is set to grow far slower in the next year than previously anticipated

Germany: KfW Research cuts growth forecast for 2015 by half to 0.8%; 2014 expectations also lowered once again to 1.4% Eurozone: economic output grows only 1.0% in 2015; 2014 forecast is 0.7% Frankfurt am Main, 3-12-2014 — /EuropaWire/ — The … Read the full press release

KfW and BMUB’s “Age-appropriate Conversion” programme turns five

Promotional funds have helped convert 134,000 residential units to meet senior citizens’ needs since the programme’s launch Commitments more than doubled in 2013 Need for barrier-free homes remains high Frankfurt, Germany, 9-9-2014 — /EuropaWire/ — For the last five years, KfW … Read the full press release

UN Secretary-General Ban Ki-moon and IDFC Chairman and KfW Group CEO Dr Ulrich Schröder met at 2nd annual meeting of the International Development Finance Club (IDFC ) in Washington D.C.

Washington D.C., United States, 15-10-2013 — /EuropaWire/ — Yesterday (2013-10-13), on the occasion of the 2nd annual meeting of the International Development Finance Club (IDFC) the Secretary-General of the United Nations Ban Ki-moon met with IDFC CEOs. During their meeting IDFC members discussed … Read the full press release

German KfW and Russian state Vnesheconombank to cooperate on environmental finance

Signed memorandum of understanding on cooperation in environmental finance Cooperation between two partner banks of the International Development Finance Club (IDFC)  18-7-2013 — /europawire.eu/ — Today KfW and the Russian state corporation Bank for Development and Foreign Economic Affairs (Vnesheconombank, VEB) … Read the full press release