KfW Banking Group (KfW Bankengruppe) is a German government-owned development bank designed to assist developing countries and the German economy. Its name originally comes from Kreditanstalt für Wiederaufbau, meaning Reconstruction Credit Institute.
The bank lends to small and midsized German businesses and buys securitized small and midsized business loan portfolios from German banks in order to keep that area of lending robust. KfW also provides funds for housing, infrastructure, environmental protection and preservation, and venture capital. The Bank is involved in funding telecommunications, transportation, energy infrastructure, and industrial projects around the world.
HQ: Frankfurt am Main, Germany
Founded: 1948
ID: 823. Updated: 25.03.2017
- Head office: Palmengartenstraße 5-9
60325 Frankfurt am Main - Phone: +49 69 74 31-0
- Fax: +49 69 74 31-29 44
- SWIFT: KFWIDEFF
- Key people: Dr Ulrich Schröder (Chairman of the Managing Board)
- Company type: n/a
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