KfW Rely on the safe haven - Investor presentation
Highlights of KfW's lending business
Lending business decreased -33% yoy to EUR 111.3bn; record volume of international finance
KfW Financings (in EUR bn)
2023
77.1
24.2
9.0 0.5
111.3
2022
136.1
18.1 12.6 0.4
2021
82.9
13.6 10.1 0.4
107.0
■Domestic Promotional Business
■ Export & Project Financing
Financing Developing and Emerging Economies
Financial Markets
166.9
Highlights 2023
New lending reached EUR 111.3bn (-33% yoy), but slightly above the level of
2021 (before the outbreak of the war against Ukraine).
Significant decline in domestic business to EUR 77.1bn (-43% yoy) and a
strong increase in international export and project finance to EUR 24.2bn
(+33% yoy).
Domestic
Decline in domestic markets mainly attributable to the restructuring of
mandated transactions for energy companies and significantly lower federal
funding commitments for efficient buildings due to a shift from broad-based to
targeted promotion with more demanding funding conditions.
Mandated transactions for energy companies decreased to EUR 11.5bn (10%
of total business volume).
International
•
Record volume of new export and project financing business of EUR 24.2bn
(2022: EUR 18.1 billion).
New commitments for the financing of developing and emerging economies of
EUR 9.0bn (2022: EUR 8.6bn).
Financial Markets
Investments of EUR 0.5bn in green bonds.
KFW Rely on the safe haven - Investor presentation / April 2024
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