KfW Bankengruppe gives impetus to economic, social and ecological development worldwide
As a promotional bank under the ownership of the German Government and the federal states, KfW offers support to encourage sustainable improvement in economic, social and ecological conditions, especially in the areas of small- and medium-sized enterprise, entrepreneurship, environmental protection, housing, infrastructure, education finance, project and export finance, and development cooperation.
KfW, as a promotional bank, has a proven business model that can stand the test of time. Firstly, it has a statutory mandate to provide support. This mandate is recognised and protected by the so-called EU Understanding. Secondly, KfW's guarantee from the Federal Republic of Germany enables the bank to refinance itself in the capital market at lower cost than commercial banks. KfW uses this refinancing advantage to the benefit of its promotional support.