Join fellow Columbia Alumni in Berlin for a tour through the KfW in Berlin on February 25, 2016 at 5pm followed by an alumni get-together with drinks.
The KfW Bankengruppe (Kreditanstalt für Wiederaufbau) will open the doors to their historical building and its art collection.
KfW banking group covers over 90% of its borrowing needs in the capital markets, mainly through bonds that are guaranteed by the federal government. This allows KfW to raise funds at advantageous conditions. Its exemption from having to pay corporate taxes due to its legal status as a public agency and unremunerated equity provided by its public shareholders allow KfW to provide loans for purposes prescribed by the KfW law at lower rates than commercial banks. KfW is not allowed to compete with commercial banks, but it facilitates their business in areas within its mandate. KfW banking group has three business units with distinct functions, as well as several subsidiaries.
Lending by KfW group's two main business units, accounting for more than 90% of total lending, is in Germany and, to a limited extent, in other European countries. However, its largest subsidiary, KfW IPEX Bank GmbH, predominantly lends internationally. A smaller subsidiary, the German Investment Corporation (DEG), and one of the group’s smaller business units, KfW Development Bank, are exclusively active in the international arena, each within their particular business areas.
Charlottenstraße 33/33 a
After the event, we will meet for drinks at:
Franzosische Str. 47