KfW

KfW, which stands for Kreditanstalt für Wiederaufbau (Reconstruction Credit Institute), is a German government-owned development bank. It was founded in 1948 as part of the Marshall Plan to support the reconstruction of Germany after World War II.

KfW operates as a promotional bank, providing financing and support for various sectors, including infrastructure, environmental protection, energy, housing, and small and medium-sized enterprises (SMEs). It offers a wide range of financial products and programs, including loans, grants, guarantees, and equity investments. KfW has established a global presence with approximately 80 local and representative offices spread across the world.

In 2022, KfW achieved another year of impressive financial results, building upon its positive trajectory from previous years. The volume of new business reached an all-time high of nearly EUR 167 billion, indicating the bank's continued growth and strong performance. With its total assets amounting to €554.6 billion, KfW solidified its position as the third-largest bank in Germany in terms of total assets.

Furthermore, KfW is a leading global financier of climate and environmental protection projects. It has supported the transformation of the economy through financing fiber-optic projects, wind farms, and photovoltaic systems. Currently, KfW is actively progressing towards its goal of becoming a digital transformation and promotional bank.

Founded: 1948
Headquarters: Frankfurt am Main, Germany
Website: https://www.kfw.de/