Invest in the Future. Transform it now.
KfW at a glance
>
Germany's
flagship development
agency
Professionally
supervised and
regulated
Ratings
The promotional bank of the Federal Republic of
Germany, established in 1948 as a public law
institution.
Rating
Agency
>
Benefits from explicit and direct statutory guarantee
and institutional liability by the Federal Republic of
Germany.
Aaa
Moody's
AAA
Scope
>
Regulated by the "Law concerning KfW" and exempt
from corporate taxes.
AAA
S&P
>
Zero risk weighting of KfW's bonds according to the
Shareholders
20%
■Federal
Republic of
Germany
80%
■German federal
states
Headquarters: Frankfurt am Main
Branches: Berlin, Bonn
Rating
Agency
>
standardised approach of the Capital Requirements Regulation (CRR).
Supervision by the German Federal Ministry of
Prime
ISS ESG
Finance and the German Financial Supervisory
Authority "BaFin".
AAA
MSCI
Frankfurt
Berlin
Advanced
>
Subject to certain provisions of German and European
bank regulatory laws by analogy, in large part with
effect from January 1, 2016.
Moody's
ESG
Solutions
Bonn
Cologne (DEG)
A rating is not a recommendation to buy, sell or hold securities. Ratings are subject to revision or withdrawal at any time by the assigning rating organization. Each rating should be evaluated independently of any other rating.
KFW Invest in the Future. Transform it now. / November 2023
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