Anniversary: KfW IPEX-Bank has now been successfully supporting the export industry for ten years

Frankfurt am Main (ots) -

- Exports and investment projects successfully supported with a
commitment volume of EUR 143.0 billion
- Financing of over 3,000 projects to safeguard growth and jobs of
German and European companies
- IPEX earnings support KfW Group's long-term promotional capacity
- Outlook: forge ahead with the focused business model, rise to
the market and regulatory challenges and stay true to the core
brand values of "customer orientation and reliability"

KfW IPEX-Bank has operated successfully on the market for ten
years. On 1 January 2008, the bank was spun off from KfW to become a
legally independent GmbH (private limited company) with 441
employees. Within KfW Group, it is responsible for the export and
project financing activities which have been carried out since the
1950s. Today, 680 employees work for the wholly-owned subsidiary of
KfW at its headquarters in Frankfurt and at ten other foreign
offices.

Since 2008, KfW IPEX-Bank has become established as a leading
specialist financier in Germany and Europe. It offers structuring of
medium- and long-term loans designed to support key industrial
sectors in the export industry, for the development of economic and
social infrastructure, for environmental protection and climate
change mitigation, and to secure the supply of raw materials. Since
its spin-off, it has supported over 3,000 projects and disbursed new
commitments totalling EUR 143.0 billion. With its earnings, KfW
IPEX-Bank made a significant contribution to strengthening equity in
the last ten years and thus to the long-term promotional capacity of
its shareholder KfW.

"Right after its formation in 2008, our bank was confronted with
the turbulent developments of the financial market crisis and managed
to be successful," commented Klaus R. Michalak, CEO of KfW IPEX-Bank.
"Through tailored financing for German and European exports and
investments, we have given companies reliable support and thus
contributed to safeguarding domestic economic power, jobs and
growth."

"On the one hand, KfW IPEX-Bank fulfils an important part of KfW's
legal mandate, namely providing export and project financing in the
interest of the German and European economy; and on the other hand,
its earnings make a vital contribution to securing KfW's long-term
promotional capacity," said Professor Joachim Nagel, the KfW
Executive Board Member responsible for international business,
underscoring the importance of the subsidiary for KfW Group

Outlook: "KfW IPEX-Bank has 60 years of experience at its disposal
and, at the same time, presents itself as a modern bank through
continuous market and customer orientation with a clear service
commitment as a specialist financier and relationship bank. We will
stay true to our successful business model and continue to apply our
expertise internationally with banks, export credit insurance
companies and other institutional investors to benefit the German and
European export industry," explained Mr Michalak, adding: "KfW
IPEX-Bank stands for reliability and trustworthy cooperation with its
customers and partners. This core brand value will also accompany us
into the next decade with its challenges of globalisation and
digitalisation as well as rising regulatory requirements that we will
constructively incorporate into our business model."

About KfW IPEX-Bank GmbH

Within KfW Group, KfW IPEX-Bank is responsible for international
project and export finance. Its function of providing financing to
boost the German and European economy is derived from the legal
mandate assigned to KfW. It offers medium and long-term financing to
support key export industries, to develop economic and social
infrastructure and to fund environmental and climate protection
projects. KfW IPEX-Bank operates as a legally independent group
subsidiary and plays a major role in fulfilling KfW's promotional
mission. It is represented in the most important economic and
financial centres across the globe.

Pressekontakt:
KfW IPEX-Bank GmbH, Palmengartenstraße 5-9, 60325 Frankfurt
Pressestelle: Axel Breitbach, E-Mail: axel.breitbach@kfw.de
Tel. 069 7431-2961, Fax: 069 7431-9409,
E-Mail: info@kfw-ipex-bank.de, www.kfw-ipex-bank.de

Original-Content von: KfW IPEX-Bank, übermittelt durch news aktuell