KfW IPEX-Bank in 2021

Within KfW Group, KfW IPEX-Bank is responsible for export and project finance. It supports German and European companies operating in key industrial sectors in global markets by structuring medium and long-term financing for their exports, funding infrastructure investments, securing supply of raw materials and by financing environmental and climate change mitigation projects worldwide. As a bank that stands for transformation, it finances technologies of the future to support the transition towards a sustainable society in all three dimensions, economic, environmental, and social.

More on KfW IPEX-Bank

KfW IPEX-Bank’s business activities were stable due to the bank’s focus on technologies of the future. It provided financing totalling EUR 13.6 billion in 2021. EUR 13.0 billion (2020: EUR 15.9 billion) of this related to original lending business and EUR 0.6 billion (2020: EUR 0.7 billion) to funds for bank refinancing under the CIRR ship financing, ERP export financing and Africa CIRR export financing programmes.

More on KfW IPEX-Bank’s financial year 2021

In the past financial year, KfW IPEX-Bank again made important contributions in particular to overcoming long-term global challenges – by financing energy and environmental projects, securing German and European jobs by supporting the export industry, or by expanding important – increasingly also digital – infrastructure.

With demanding sector guidelines for CO₂-intensive sectors, KfW IPEX-Bank ensures its financings are compatible with the goals of the Paris Agreement. With its GHG accounting, it pursues the goal of achieving a greenhouse gas-neutral portfolio by 2050.

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The information contained in this online Annual Report 2021 is based on KfW’s Financial Report 2021, which you can download here. Should this online Annual Report 2021, despite the great care taken in preparation of its content, contain any contradictions or errors compared to the Financial Report, the KfW Financial Report 2021 takes priority.