Investitionsbank des Landes Brandenburg products, services and reviews

About Investitionsbank des Landes Brandenburg

Investitionsbank des Landes Brandenburg (ILB) is the state development bank of Brandenburg, operating as a public-law institution owned by the federal state and focused on promotional financing rather than retail banking. Its mandate covers funding for business investment, innovation, infrastructure, housing, urban development, energy efficiency, environmental projects, digitalization, and labor market initiatives within Brandenburg. Instruments include low-interest loans, grants, mezzanine financing, and, in defined cases, guarantees; programs are often co-financed with EU structural funds such as ERDF and ESF and with federal schemes (including GRW regional investment support). ILB administers key state programs like ProFIT Brandenburg for research and innovation and supports social and affordable housing as well as municipal infrastructure and broadband expansion. Applications are typically submitted via ILB’s online portal, with advisory support available, and many loan products follow the house-bank principle under which a commercial bank partners with ILB and shares risk; eligibility generally requires project location or impact in Brandenburg and compliance with state-aid rules. Pricing and maturities are program-specific and may include subsidized interest, repayment-free start periods, or grant components; documentation is extensive and may involve audits, co-financing, and progress reporting. ILB does not offer current accounts, payment cards, or everyday retail services, and it is not a deposit-taking bank for the public; funding derives from capital market borrowing and budgetary/EU resources aligned with its promotional mandate. Governance is anchored in state law, with banking supervision and oversight by state ministries and audit authorities; program terms and availability are subject to budget changes and policy directives. Businesses, startups, municipalities, housing companies, and non-profits are the primary target groups; processing times vary by program complexity and funding window. Service is provided mainly in German, with headquarters in Potsdam and contact via customer service, sector advisors, and digital channels.