KfW is a development bank and has a very different mission to an investment bank. It invests in developing nations and supports German industry and national interests. Both of which are relevant to KNL. Development Finance KfW Development Bank
KfW initially gained experience conducting reconstruction in Germany and later became active in other countries as well: in many poor areas of the world KfW Development Bank helps to promote the economy, reduce poverty and provide people with health care, education and a future. On behalf of the Federal Government KfW implements Financial Cooperation, the success of which is measured by what has been achieved for the people – in a sustainable manner for the next generation too. In the meantime KfW has become one of the largest development banks in the world. The KfW subsidiary DEG finances companies that invest and create jobs in developing countries. KfW promotes development
On behalf of the Federal Government, KfW Development Bank administers Germany’s official Financial Cooperation in more than 100 developing and transition countries in Africa, Asia, South and Central America, the Middle East and the Caucasus. Its priority areas of activity include poverty reduction and economic development, good governance, education and health care, and protection of the climate and the environment. In this way the bank helps the Federal Government achieve its developmental goals.
In the financing and advising of projects and programmes, it is particularly important for KfW that direct poverty reduction be accompanied by the creation of viable structures. Only in a favourable environment can women and men exercise their political rights, secure their economic livelihood and build their lives in dignity. Small money - big impact
The development of microcredit follows a similar concept. KfW was quick to recognise that it makes sense to enable even the poorest people to set up businesses with microloans. Women in particular are seizing the opportunity to build their own livelihoods. Many of these micro businesses grow with the aid of additional loans, providing a route out of poverty. KfW is one of the leading financiers of microcredit in developing countries.
In addition to poverty reduction, preserving the bases of life has become an increasingly important field of activity over the past years. Only where economic conditions are sustainable and natural resources are not being depleted can economic development be self-sustaining in the long term. For example, the fact that KfW has been instrumental in bringing deforestation rates in the Brazilian rainforests to a near standstill testifies to the increasing significance of environmental and climate protection. KfW is also the world's leading financier of renewable energies in developing countries.
Export and Project Finance Tailor-made financing solutions for German and European companies
Medium-sized and large enterprises wanting to invest and expand need a reliable financing partner. The partner needs to know the industry and be able to accurately assess the risks of a project. It must take into account factors such as the market trend of the relevant industry, the competitive environment and the technical conditions, and it must be able to offer suitable financing options.
KfW offers tailor-made financing solutions through its subsidiary KfW IPEX-Bank for large-scale projects in Germany and for expansions, exports and new projects abroad. As a legally independent group subsidiary, KfW IPEX-Bank specialises in export and project finance and has more than 60 years of experience. KfW IPEX-Bank supports the German and the European export industries by financing infrastructure, climate and environmental protection projects as well as raw materials supplies, thus securing the life-blood of Germany's manufacturing industry and its competitiveness.
Enterprises benefit not only from reliable and long-term financings. Especially in international business, the expert opinions from KfW IPEX-Bank on market developments are of great importance. This is why KfW IPEX-Bank is represented in the most important economic and financial centres around the world - a presence that provides it with very special expertise on individual countries and industries.
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