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KfW
The KfW, which together with its subsidiaries DEG, KfW IPEX-Bank and FuB forms the KfW Bankengruppe ("banking group"), is a German state-owned investment and development bank, based in Frankfurt. As of 2014, it is the world's largest national development bank and as of 2018 Germany's third largest bank by balance sheet. Its name originally comes from Kreditanstalt für Wiederaufbau ("Credit Institute for Reconstruction"). It was formed in 1948 after World War II as part of the Marshall Plan. According to the OECD, Germany’s total official development assistance (ODA) (USD 35 billion, preliminary data) increased in 2022 due to an increase in in-donor refugee costs and increased contributions to international organisations. It represented 0.83% of gross national income (GNI). Governance KfW is owned by the Federal Republic of Germany (80 percent) and the States of Germany (20 percent). It is led by a five-member executive board headed by CEO , which in turn reports to a 3 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
KfW IPEX-Bank
The KfW IPEX-Bank GmbH is a German commercial bank that is the wholly owned subsidiary of German KfW (''Kreditanstalt für Wiederaufbau''; ) that focuses on development financing. Since 1 January 2008 it has been a legally independent bank governed by the German Banking Act. Its work focuses on international project and export financing. The bank's headquarter is located in Frankfurt, where the KfW IPEX-Bank uses the ''Westarkade'', which was completed in 2011. History The KfW, founded in 1948, used the instruments of export and project financing (E&P) within its business model quite early on. In 1950 the KfW was given this task. This branch of their business became increasingly important in the 1980s and 1990s and, not least because of this, attracted the attention of the competition authorities of the European Union, who regarded the Bank's activities as a German development bank in the area of E&P as non-competitive. This is mainly because this business activity did not take pla ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
German Investment Corporation
Deutsche Investitions- und Entwicklungsgesellschaft (DEG) is a Development Finance Institution (DFI) and a subsidiary of KfW Group. It was founded in Cologne in September 1962 as a federally owned company by the former Federal President Walter Scheel. Since its foundation, DEG has been headquartered in Cologne. In 2008, DEG moved into a modern, energy efficient office building in the city centre. DEG has 20 representative offices across the world, inter alia in Bangkok, Beijing, Istanbul, Jakarta, Johannesburg, Lagos, Lima, Mexico City, Nairobi, New Delhi, São Paulo and Singapore. In 2021, DEG employed a staff of approximately 650, both in Germany and abroad. DEG generated new business totaling EUR 1.5 billion in 2021 and the balance sheet total amounted to EUR 5.328 billion. Since its foundation, DEG has co-financed almost 1,300 companies in more than 120 countries. With a portfolio of around EUR 9.2 billion in nearly 80 countries DEG is one of the world's largest private-se ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
KfW Westarkade
KfW Westarkade is a 60.1-meter (197 ft) office building located in Frankfurt, Germany. The 14-storey building completed in 2010, is located in the Westend (Frankfurt am Main), Westend district in Frankfurt and serves as the headquarters for KfW, the German State-owned enterprise, state-owned Development finance institution, development bank. The KfW Westarkade is an example of sustainable architecture, which was led by three key factors, natural ventilation, Radiant heating and cooling, activated slabs and geothermal energy, and the building is one of the first office towers in the world predicted to run on less than 90Kilowatt-hour, KWh/m2 of primary energy per year. The KfW Westarkade was named the Council on Tall Buildings and Urban Habitat CTBUH Skyscraper Award, 2011 Best Tall Building Overall. Background The KfW Westarkade began construction in 2007 following the demolition of the library which had previously sat at the space. The Westarkade contains conference hall, con ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marshall Plan
The Marshall Plan (officially the European Recovery Program, ERP) was an American initiative enacted in 1948 to provide foreign aid to Western Europe. The United States transferred $13.3 billion (equivalent to $ in ) in economic recovery programs to Western European economies after the end of World War II in Europe. Replacing an earlier proposal for a Morgenthau Plan, it operated for four years beginning on April 3, 1948, though in 1951, the Marshall Plan was largely replaced by the Mutual Security Act. The goals of the United States were to rebuild war-torn regions, remove trade barriers, modernize Manufacturing, industry, improve European prosperity and prevent the spread of communism. The Marshall Plan proposed the reduction of interstate barriers and the economic integration of the Europe, European Continent while also encouraging an increase in productivity as well as the adoption of modern business procedures. The Marshall Plan aid was divided among the participant sta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Frankfurt
Frankfurt am Main () is the most populous city in the States of Germany, German state of Hesse. Its 773,068 inhabitants as of 2022 make it the List of cities in Germany by population, fifth-most populous city in Germany. Located in the foreland of the Taunus on its namesake Main (river), Main, it forms a continuous conurbation with Offenbach am Main; Frankfurt Rhein-Main Regional Authority, its urban area has a population of over 2.7 million. The city is the heart of the larger Rhine-Main metropolitan region, which has a population of more than 5.8 million and is Germany's Metropolitan regions in Germany, second-largest metropolitan region after the Rhine-Ruhr metropolitan region, Rhine-Ruhr region and the List of EU metropolitan regions by GDP#2021 ranking of top four German metropolitan regions, fourth largest metropolitan region by GDP in the European Union (EU). Frankfurt is one of the ''de facto'' four main capitals of the European Union (alongside Brussels, Luxembourg Cit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
KRL Commuterline
KRL Commuterline, commonly known as Greater Jakarta Commuter rail, Jakarta Commuter rail, and KRL Commuter Line Jabodetabek is a commuter rail system for Jabodetabek, Greater Jakarta in Indonesia. It was previously known as KRL Jabodetabek. It is operated by KAI Commuter, KAI Commuter (KCI), a subsidiary of the Indonesian national railway company Kereta Api Indonesia, PT Kereta Api Indonesia (KAI). The rail system uses rolling stock of rapid transit standard and operates high frequency services with minimum headway. In 2019, the average number of Commuterline users per day reached 1.04 million, with the record of the highest number of users served in a day being 1,154,080. "KRL" itself stands for "''Kereta Rel Listrik''" (literally "electric rail train" or "electric railcar"), a term for an electric multiple unit train. History Colonial era In 1917, a plan to introduce electric railways in Batavia was made by Dutch colonial empire, Dutch colonial railway company Staatsspoorw ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Christian Lindner
Christian Wolfgang Lindner (; born 7 January 1979) is a German former politician of the Free Democratic Party (FDP) who was the Federal Minister of Finance from 2021 until his dismissal in 2024 during the 2024 German government crisis. Serving from 2013 to 2025, Lindner was the longest-serving party-leader of the FDP and a Member of the Bundestag (MdB) for North Rhine-Westphalia since 2017, previously holding a seat from 2009 until 2012. Lindner resigned as party leader and announced his retirement from active politics after the FDP dropped out of parliament as a result of the 2025 federal election. His decision to withdraw from the Scholz I cabinet is often considered the main catalyst for the party's inability to enter the Bundestag in the election. Early life and education Christian Lindner was born in Wuppertal, West Germany. His father Wolfgang Lindner is a teacher of mathematics and computer science at the ''Städtisches Gymnasium'' in Wermelskirchen. After graduati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jörg Kukies
Jörg Kukies (; born 21 February 1968) is a German economist and politician who served as Minister of Finance in the government of Chancellor Olaf Scholz from November 2024 to May 2025. He is a member of the Social Democratic Party (SPD). Early life and education Kukies began his studies in Economics at the Johannes Gutenberg University of Mainz and transferred to the University of Paris 1 Panthéon-Sorbonne, where he received his Maîtrise diploma. He then completed postgraduate studies in public policy at the Harvard Kennedy School from 1995 to 1997 with a Master of Public Administration degree as a McCloy Scholar. He went on to earn a doctorate from the University of Chicago Booth School of Business. During his studies, he headed the Rhineland-Palatinate branch of the Young Socialists (Jusos); in this position, he was succeeded by Andrea Nahles. Career Kukies has been a member of the Social Democratic Party of Germany since the age of 18. Kukies spent 17 years working at i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cassa Depositi E Prestiti
Cassa Depositi e Prestiti S.p.A., also known as CDP S.p.A., is a prominent Italian development bank founded on November 20, 1850, in Turin. Its original duty was to finance public works like roads and waterworks during the reign of Victor Emmanuel II of Italy, King of Sardinia-Piedmont. CDP is the major Italian institution for economic development through long-term investments at local, regional and national level and acts as the government's arm for executing public policy mandates. It is among the founders (with Caisse des Dépots, KfW and European Investment Bank) of the D20 Long-Term Investors Club (D20-LTIC), a group that gathers 18 major financial institutions and institutional investors from all over the world, mainly from G20 countries, and a member of the European Long Term Investors (ELTI), an association that brings together the main european national promotional banks. History Early beginnings The institution was initially created under the name ''Cassa Piemo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Euro
The euro (currency symbol, symbol: euro sign, €; ISO 4217, currency code: EUR) is the official currency of 20 of the Member state of the European Union, member states of the European Union. This group of states is officially known as the euro area or, more commonly, the eurozone. The euro is divided into 100 1 euro cent coin, euro cents. The currency is also used officially by the institutions of the European Union, by International status and usage of the euro, four European microstates that are not EU members, the British Overseas Territory of Akrotiri and Dhekelia, as well as unilaterally by Montenegro and Kosovo. Outside Europe, a number of special territories of EU members also use the euro as their currency. The euro is used by 350 million people in Europe and additionally, over 200 million people worldwide use currencies pegged to the euro. It is the second-largest reserve currency as well as the second-most traded currency in the world after the United Sta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Solar Cell
A solar cell, also known as a photovoltaic cell (PV cell), is an electronic device that converts the energy of light directly into electricity by means of the photovoltaic effect.Solar Cells chemistryexplained.com It is a type of photoelectric cell, a device whose electrical characteristics (such as Electric current, current, voltage, or Electrical resistance and conductance, resistance) vary when it is exposed to light. Individual solar cell devices are often the electrical building blocks of solar panel, photovoltaic modules, known colloquially as "solar panels". Almost all commercial PV cells consist of crystalline silicon, with a market share of 95%. Cadmium telluride thin-film solar cells account for the remainder. The common single-junction silicon solar cell can produce a maximum open-circuit voltage o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Capital Markets
A capital market is a financial market in which long-term debt (over a year) or equity-backed securities are bought and sold, in contrast to a money market where short-term debt is bought and sold. Capital markets channel the wealth of savers to those who can put it to long-term productive use, such as companies or governments making long-term investments. Financial regulators like Securities and Exchange Board of India (SEBI), Bank of England (BoE) and the U.S. Securities and Exchange Commission (SEC) oversee capital markets to protect investors against fraud, among other duties. Transactions on capital markets are generally managed by entities within the financial sector or the treasury departments of governments and corporations, but some can be accessed directly by the public. As an example, in the United States, any American citizen with an internet connection can create an account with TreasuryDirect and use it to buy bonds in the primary market. However, sales to indi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
