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KfW

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KfW

German state-owned investment and development bank

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About KfW

The KfW, which together with its subsidiaries DEG, KfW IPEX-Bank and FuB forms the KfW Bankengruppe, is a German state-owned investment and development bank, based in Frankfurt. As of 2025, it is one of the world's leading development banks, ranking third globally by total assets according to the Sovereign Wealth Fund Institute. It also remains Germany's third largest bank overall. Its name originally comes from Kreditanstalt für Wiederaufbau. It was formed in 1948 after World War II as part of the Marshall Plan.

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Facts from Wikidata (CC0). Image by KfW Bankengruppe via Wikimedia Commons (Public domain).

Germany

Headquarters

Frankfurt, Bonn, Berlin

Inception

November 18, 1948

Website

https://www.kfw.de

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