KfW turns 65
Frankfurt (ots) - - The Law Concerning KfW came into force on 18 November 1948 - A reliable partner of the economy - Loans totalling EUR 1.3 trillion handed out since foundation Sixty-five years ago, in November 1948, the economic council of West Germany enacted a law founding KfW, thus creating the basis for sustainable and successful business promotion in Germany. Shortly thereafter, the promotional bank founded when this law came into force on 18 November 1948, began ...