Frankfurt am Main (ots) - - KfW allocates EUR 85.2 million towards expanding the electricity transmission grids between Armenia and Georgia - Improving the electricity supply: green light for the Caucasus Energy Alliance On behalf of the Federal Ministry for Economic Cooperation and Development (BMZ), KfW Development Bank today concluded two loan agreements for EUR 85.2 million with the High Voltage Electricity Network ...
Frankfurt am Main (ots) - - 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% The German economy is set to grow far slower in the next year than previously anticipated: KfW ...
Frankfurt am Main (ots) - - Innovative financing agreement amounting to EUR 400 million for the International Fund for Agricultural Development (IFAD) - Supporting small farmers, financing food production, agricultural development and rural development On behalf of the German Federal Ministry for Economic ...
Frankfurt am Main (ots) - - KfW advised its Irish partners on setting up the SBCI - KfW and the SBCI are signing a global loan for EUR 150 million to finance SMEs The Strategic Banking Corporation of Ireland (SBCI) is being officially launched in Dublin today by Michael Noonan (Ireland's Minister for Finance) and Brendan Howlin (Ireland's Minister for Public Expenditure and Reform). The Irish Government also invited Dr ...
Frankfurt am Main (ots) - - Up to EUR 7.5 million per project - 50% exemption from liability for on-lending banks - European Investment Fund and KfW each bear 25% of the credit risk from the exemption from liability From 1 December 2014, KfW will be offering the new Entrepreneur Loan Plus, which provides innovative medium-sized companies and self-employed professionals ...
Frankfurt (ots) - - KfW sells record volume of USD 1.5 billion in its first USD Green Bond issuance - Strong demand from US investors with a focus on SRI investments KfW has expanded its Green Bond activities to the USD market. Yesterday, KfW successfully introduced its debut bond with a volume of USD 1.5 billion making it the largest USD Green Bond issuance to date. ...
Frankfurt (ots) - - Total commitment volume of EUR 31.7 billion - Increase in demand for Energy-efficient Construction and Refurbishment by roughly 10% - EUR 2.3 billion increase in Export and project finance - Consolidated profit of EUR 889 million - Basel III Tier 1 ratio recalculated under IFRS: 15.1% The KfW Group achieved a total business volume of EUR 31.7 billion in the first half of 2014, up from EUR 31.5 billion ...
Frankfurt am Main (ots) - - Bilateral loan of EUR 51 million - SMEs deliver special equipment for environmentally friendly production - Recycling: wood chips processed into various particle board materials KfW IPEX-Bank is using a loan worth EUR 51m to finance the export of special equipment to South America for the environmentally friendly production of particle ...
Frankfurt am Main (ots) - - "Green" automated transport system for the Long Beach Container Terminal - Supplied by Terex Port Solutions, Düsseldorf KfW IPEX-Bank is financing the equipment manufactured by Düsseldorf-based Terex Port Solutions (TPS), including 72 environment-friendly battery-powered automated ...
Frankfurt am Main (ots) - - Ships to be built at Meyer Werft shipyard in Papenburg: continuation of a success story with long-time business partners - High-volume financing for prosperous cruise industry KfW IPEX-Bank has structured the financing for the two new cruise ships to be built at Meyer Werft shipyard in Papenburg for Miami-based Norwegian Cruise Line. The ...
Frankfurt (ots) - - KfW successfully issues largest Green Bond ever with a volume of EUR 1.5 bn - Strong demand of socially responsible investors - Positive feedback paves the way for further Green-Bond-issues KfW debuts today with a new product in the capital market: KfW issued its inaugural Green Bond. A Green Bond is an interest-bearing security whose issue proceeds are used to finance environmental and climate ...
Frankfurt am Main (ots) - - Hermes-covered loan of USD 265 million - State-of-the-art power plant construction in the Philippines - Key German technology from Siemens facilitates lower-CO2 energy production at optimal efficiency KfW IPEX-Bank is financing the construction of a 414 MW combined cycle gas-fired power ...
Frankfurt am Main (ots) - - KfW IPEX-Bank finances one of North America's largest and most state-of-the-art production facilities - Supporting Germany as a high-tech manufacturing location: SMS Siemag to supply core components for the highly efficient steel plant - Recycling: Using scrap steel as the primary raw material conserves resources in the production of ...
Frankfurt (ots) - - EUR 36.5 billion funded in capital markets in the first half of the year - KfW supports internationalisation of the RMB and of Frankfurt as a financial center - Funding volume for 2014 revised to EUR 55-60 billion KfW is launching a new product in the capital market for its funding activities in the second half of 2014: As one of the world's largest providers of environmental and climate protection ...
Frankfurt, Main (ots) - - Financing of replacement investments - Iron Ore Company of Canada supplies high-quality iron ore concentrate and pellets to Germany and Europe - Deposit reserves have an extended lifetime, ensuring long-term supply of raw materials KfW IPEX-Bank is financing key replacement investments for ...
Frankfurt am Main (ots) - - Expansion of the Chinese production facilities of BSH GmbH - Support for the export economy: EUR 15.5 million worth of German and European exports KfW IPEX-Bank is financing German and European exports to expand the Chinese production facilities of BSH Bosch und Siemens Hausgeräte GmbH. The corresponding agreements were signed on 28 May 2014. The loan of CNY 100 million (approximately EUR 12 ...
Frankfurt am Main (ots) - - ECA-covered loan for around EUR 140 million with a term of 12 years - Largest order in German exporter Schuler's company history; further deliveries from Italy - Indirect support to expand the Turkish infrastructure - Follow-up financing as part of a large modernisation and expansion ...
Frankfurt am Main (ots) - - The bank is now financing two ships for the growing Asian market - Support for exporters and for Germany as a shipbuilding location With a loan of over EUR 600 million, KfW IPEX-Bank is financing the construction of a second cruise ship for Star Cruises, the leading cruise line in Asia ...
Frankfurt (ots) - - Motto: "Row House Renaissance" - Ten prizes with a total value of EUR 30,000 - Winners from Berlin, Schleswig-Holstein, Baden-Wuerttemberg, Hesse, Rhineland-Palatinate, Saxony, North Rhine-Westphalia and Lower Saxony The KfW Group has presented the 12th annual KfW Award for Construction and Housing in Berlin. The chosen winners are building owners ...
Frankfurt (ots) - - Portfolio: EUR 2 billion - Focus on renewable energies and the conservation of tropical forest - FIFA World Cup stadium in Belo Horizonte with solar roof KfW Development Bank is supporting Brazil in the area of sustainable development on behalf of the German Federal Ministry for Economic ...
Frankfurt (ots) - - The first of three planned sub-funds was established on 7 May 2014 in Luxembourg - Greece and KfW are to each provide financing of EUR 100 million - IfG will distribute the funds to small and medium-sized enterprises (SMEs) in Greece with the help of accredited Greek banks - Key objective is to provide Greek SMEs with improved access to investment ...
Frankfurt (ots) - - New business formations create more jobs - Number of part-time entrepreneurs rises substantially - Start-up finance is easier to obtain: just under EUR 10 billion used Entrepreneurs in Germany are tackling more promising projects than they did a few years ago. In 2013, for the first time more than half of all entrepreneurs put into practice a ...
Frankfurt (ots) - - First Listing of a RMB bond issued by KfW on the Frankfurt Stock Exchange - KfW supports the efforts to establish Frankfurt as a financial center for RMB transactions in Europe Today KfW issues its first bond in Chinese Renminbi (RMB) being listed on the regulated market of the Frankfurt Stock Exchange. The bond with a volume of RMB 1 billion ...
Frankfurt (ots) - - Total commitment volume of EUR 72.5 billion - Consolidated profit of EUR 1.3 billion - NPV accounting of interest rate reductions implemented - Significant reduction in total assets to EUR 464.8 billion - Tier 1 capital ratio pursuant to Basel III: 17.1% In 2013, the KfW Group recorded high demand for its financial products (as in previous years) and approved funding at a total volume of EUR 72.5 ...
Frankfurt (ots) - - KfW IPEX-Bank: Klaus R. Michalak appointed as CEO - KfW IPEX-Bank: Andreas Ufer becomes Managing Director - DEG: Christine Laibach appointed as Member of the Management Board - DEG: Dr Michael Bornmann to retire from the Management Board The supervisory boards of the KfW subsidiaries DEG - Deutsche Investitions- und Entwicklungsgesellschaft mbH and KfW IPEX-Bank GmbH have made some key personnel ...
Frankfurt (ots) - - Drop in banks' new business with enterprises and self-employed professionals has slowed down - Corporate investments have seen a slight increase again for the first time in five quarters; KfW is expecting a 5% increase for 2014 - New lending business is expected to grow in the second half of 2014 Corporate investment activity in Germany is finally ...
Frankfurt (ots) - Tomorrow, 1 April 2014, Dr Ingrid Hengster will take up her post as Member of the KfW Group's Executive Board, where she will be responsible for domestic promotional business. Dr Hengster was appointed a Member of the Executive Board on 4 July 2013 by resolution of the Board of Supervisory Directors. Prior to starting with the KfW Group, Dr Hengster ...
Frankfurt (ots) - - 93,000 more business start-ups in 2013 - More entrepreneurs choosing self-employment on a part-time basis - Full-time start-up activity still remains low due to the positive situation on the job market Following two consecutive slumps, start-up activity in Germany is back on the rise. 2013 saw some 868,000 people turn to self-employment, corresponding to around 12% or 93,000 business start-ups more ...
Frankfurt (ots) - - 38% of promotional activities for climate and environmental protection - Municipal infrastructure financing grows by 22% - Financing from Mittelstandsbank at a high level: EUR 22.6 billion - International financing grows to EUR 20.5 billion - Digitalisation of the promotional business is progressing further In 2013 the KfW Group recorded high demand ...
Frankfurt (ots) - - USD 60 million promotional loan awarded to PTA Bank - Important contribution to achieving sustainable economic growth and promoting employment in COMESA member states KfW Development Bank has signed a USD 60 million promotional loan with the Eastern and Southern African Trade and Development Bank (PTA Bank). The Bank is providing companies in the ...