Tag Archives: KfW

COVID 19: KfW Development Bank to finance four hospitals in Iraq to help them prepare for the peak of the pandemic expected in autumn

(PRESS RELEASE) FRANKFURT, 10-Aug-2020 — /EuropaWire/ — Frankfurt, Germany based KfW Development Bank (KfW Entwicklungsbank GmbH) has announced it will provide funding for four hospitals in Iraq on behalf of the Federal Government. Funds will be used to help prepare … Read the full press release

Prof. Dr Jochen Kluve will succeed Prof. Dr Eva Terberger as head of KfW Development Bank’s Financial Cooperation’s (FC) evaluation department

Prof. Dr Jochen Kluve will succeed Prof. Dr Eva Terberger as head of KfW Development Bank's Financial Cooperation's (FC) evaluation department

(PRESS RELEASE) FRANKFURT, 30-Sep-2019 — /EuropaWire/ — KfW Development Bank has just announced it has appointed Prof. Dr Jochen Kluve (47) as head of its Financial Cooperation’s (FC) evaluation department. Prof. Kluve is an economics professor at Humboldt University of … Read the full press release

KfW Research: there are currently 154,000 ‘young’ social entrepreneurs in Germany at the helm of 108,000 businesses

KfW Research presents first study about young social entrepreneurs For 154,000 social entrepreneurs, social contribution matters more than earning an income Social entrepreneurs start up more often with new-to-market and technological innovations than the average They are more likely to … Read the full press release

KfW Construction Award 2019 now open for applications

A total of up to EUR 35,000 in prize money “New construction” and “modernising existing buildings” categories Apply by 20 February 2019 FRANKFURT, 07-Dec-2018 — /EuropaWire/ — The application phase for the KfW Construction Award 2019 is starting now. Until … Read the full press release

KfW supports new project in enabling local population coexist with refugees peacefully in Cameroon

EUR 18.5 million for host municipalities Potential conflicts reduced Income and employment opportunities for refugees improved FRANKFURT AM MAIN, 16-Nov-2018 — /EuropaWire/ — KfW has signed an agreement worth EUR 18.5 million with FEICOM (Fonds Spécial d´Equipement et d`Intervention Intercommunale), a … Read the full press release

KfW Entrepreneurs’ Award 2018 winners announced

The 16 regional winners have been selected Awards presented to successful entrepreneurs who have expanded their business Awards ceremony held at the German Federal Ministry of Economic Affairs and Energy in Berlin on 11 October 2018 Total prize fund of … Read the full press release

KfW new subsidiary KfW Capital to develop the VC and VD funding landscape in Germany

Joint press release from the German Federal Ministry for Economic Affairs and Energy, KfW and KfW Capital Joint initiative between Federal Ministry for Economic Affairs and Energy (BMWi), Federal Ministry of Finance and KfW to expand the markets for venture … Read the full press release

KfW-ifo SME Barometer: German SMEs optimistic about the future despite recent truce in the trade conflict between US and EU

Business sentiment of small and medium-sized enterprises continues to improve Large enterprises are also more optimistic Robust upswing, but many risks remain Frankfurt am Main, 11-Sep-2018 — /EuropaWire/ — With the recent truce in the trade conflict between the US and … Read the full press release

KfW SME Panel: number of trainees and apprentices across Germany grew in 2017 for the first time in six years

High demand for labour has led to first increase in traineeships and apprenticeships since 2011 Around 90% of trainees and apprentices undergo training in small and medium-sized enterprises Women choose other training occupations than men – and are paid less … Read the full press release

KfW loans EUR 300 million for new barrage across the Nile in Asyut

EUR 300 million provided to safeguard irrigation farming Project secures source of income for 5 million Egyptians Hydropower plant enables climate-friendly power generation Frankfurt am Main, 16-Aug-2018 — /EuropaWire/ — Today (2018-08-13), Egyptian President Abdel Fattah al-Sisi inaugurated a barrage across … Read the full press release

KfW signs EUR 200 million loan agreement with Rural Electrification Corporate Limited for developing the power supply in rural India

Credit line for EUR 200 million Increased energy generation capacity based on solar and wind power Additional power supply for over 270,000 Indian homes Improved environmental and social standards Frankfurt am Main, 16-Aug-2018 — /EuropaWire/ — On behalf of the German … Read the full press release

WWF, Instituto Terra and KfW support reforestation in Brazil with photography and panel discussion at the Museum of Natural History in Berlin

Joint press release by KfW and WWF Photography and panel discussion: Sebastião Salgado’s commitment to reforestation in Brazil – new approaches to sharing knowledge KfW and WWF support Brazil in the reforestation of 12 million hectares Key contribution to climate … Read the full press release

KfW to provide EUR 35 million in support of food security for refugees and returning IDPs in Democratic Republic of the Congo

EUR 35 million for small farmers in North and South Kivu Securing the food supply for 180,000 people Reintegrating returning internally displaced persons (IDPs) Generating sources of income for the population Frankfurt am Main, 09-May-2018 — /EuropaWire/ — On behalf of … Read the full press release

SME business climate dipped slightly in February but remains on a high level – KfW-ifo SME Barometer

SME business climate drops moderately as expectations decline But SMEs still rate their current situation better than ever Large enterprises are clearly less optimistic Growth rate is on the way back to normality Frankfurt am Main, 09-Mar-2018 — /EuropaWire/ — After … Read the full press release

KfW Research: 2017 the most successful year of the euro area in a decade

KfW Research confirms growth forecast of 2.4% for 2018 Growth expected to slow to 2.1% in 2019 Political risks to the euro area business cycle have waned, spotlight is now on financial markets Frankfurt am Main, 09-Mar-2018 — /EuropaWire/ — With … Read the full press release

KfW and KfW IPEX-Bank acknowledge importance of work-caregiving balance in Hessen

Voluntary acknowledgement to honour caregiving performed by employees Diverse support services related to ‘work and caregiving’ Frankfurt am Main, 25-Sep-2017 — /EuropaWire/ — Today (2017-09-20), KfW and its subsidiary KfW IPEX-Bank signed the charter on balancing work and caregiving in the … Read the full press release

EU, KfW and French bank AFD to help Jordan deal with water shortage

European initiative: EU, KfW and French development bank AFD launch project against water shortage in Jordan EUR 152 million to improve drinking water supply and waste water disposal Financing provided by Germany: EUR 80 million Improvement of water supply for … Read the full press release

KfW-Research: High-growth enterprises in Germany employ graduates, target international markets early, and have R&D based business model

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 Frankfurt am Main, 02-Aug-2017 — /EuropaWire/ — Successful, fast-growing enterprises are very important for economic development. … Read the full press release

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