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The KfW, which together with its subsidiaries DEG, KfW IPEX-Bank and FuB forms the KfW Bankengruppe ("banking group"), is a German state-owned investment and development bank, based in Frankfurt. As of 2014, it is the world's largest national development bank [ 2 ] and as of 2018 Germany's third largest bank by balance sheet.
Alternatives to BAföG include the Bildungskredit ("study loan") from KfW, Bildungsfonds, and scholarships. However, in most cases to qualify for a private loan, one must have German citizenship, have EU citizenship and have resided in Germany for three consecutive years, or have graduated from a German secondary school.
The renovation loan programme was developed by KredEx, together with the KfW (Germany), and the Ministry of Economic Affairs and Communications. [23] Apartment Building Renovation Loans, introduced in 2009, are available for apartment buildings constructed before 1993. Loans cannot be applied for by individual homeowners.
The KfW IPEX-Bank GmbH is a German commercial bank that is the wholly owned subsidiary of German KfW (Kreditanstalt für Wiederaufbau; lit. ' credit institute for reconstruction ') that focuses on development financing. [3] Since 1 January 2008 it has been a legally independent bank governed by the German Banking Act.
KfW's funding program Renewable Energy (Erneuerbare Energien) section Standard provides low-interest loans for investments in installations for electricity production in accordance with the EEG, cogeneration plants and for small heat production installations. In program section Premium low interest loans with repayment subsidies are granted for ...
IKB Deutsche Industriebank AG (FWB: IKBG) is a bank headquartered in Düsseldorf, Germany. It was established in 1924 under the name Bank für Industrie-Obligationen (lit. ' Bank for Industrial Bonds '). IKB supports medium-sized enterprises in Germany and Europe with loans, risk management, capital market services and advisory services. The ...
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