Based in Frankfurt, Germany, KfW Bankengruppe gives impetus to economic, social and ecological development worldwide. As a promotional bank under the ownership of the Federal Republic and the Länder (federal states), it offers support to encourage sustainable improvement in economic, social, ecological living and business conditions, among others in the areas of small and medium-sized enterprise, entrepreneurialship, environmental protection, housing, infrastructure, education finance, project and export finance, and development cooperation.
Kfw Entwicklungsbank is Germany's leading development bank and is an integral part of KfW Bankengruppe. Employs around 400 staff and work together with partners all over the globe. The resources need come from the federal budget. KfW Entwicklungsbank does the best to increase these resources by raising additional funds in the capital market. This makes us far more than a bank: the financing expertise is coupled with decades of development policy experience, which the staff from a wide range of fields apply in their work every day.
KfW Entwicklungsbank works on behalf of the German Government, helping to achieve the goals set for German Development Cooperation: to reduce poverty, protect the climate, ensure peace and make globalisation fair to help especially those people living in poor parts of the world to benefit, too.
In financing, advising and guiding development projects throughout the world the efforts focus on the needs of the partner countries. Together with other countries, with the organisations of the global community and local institutions KfW Entwicklungsbank helps people in the partner countries to improve their means of existence in the long term.
KfW Entwicklungsbank does not carry out any KfW projects itself. Projects are always executed by institutions in the partner countries. In most cases this is a state institution; however, it may also be a private enterprise or a non-governmental organisation.
Since the beginning of Financial Cooperation in the 1960s KfW Entwicklungsbank has committed over EUR 51.5 billion to developing and transition countries. These financing commitments represent roughly one-third of all the funds given under German development cooperation.See more