KfW IPEX-Bank GmbH products, services and reviews

About KfW IPEX-Bank GmbH

KfW IPEX-Bank GmbH is a specialized project and export finance institution headquartered in Frankfurt am Main and wholly owned by KfW; it has operated as a legally independent bank since 2008 and focuses on medium- and long-term financing for capital goods exports and large infrastructure projects. The bank arranges and holds loans for sectors such as energy and environmental technologies, power and renewables, transport and mobility (rail, aviation, shipping, ports), industrials, digital and telecommunications infrastructure, and social infrastructure, working with corporates, project sponsors, public-sector companies, and financial institutions. Its toolkit includes limited-recourse project finance, ECA-covered loans, corporate and structured loans, refinancing and syndication, and agency roles, often alongside export credit agencies, commercial banks, and multilateral institutions; it does not target retail clients or deposit-taking. KfW IPEX-Bank is subject to German and EU banking regulation, supervised within the BaFin/Deutsche Bundesbank framework, and reports regulatory capital and liquidity ratios under CRR/CRD; risk management is based on sector and country limits, collateral and guarantees, and distribution of exposures via syndication and insurance, with pronounced sensitivity to construction, commodity, and cyclical transport risks. Funding is predominantly wholesale-based, including capital markets instruments and facilities within the KfW Group, rather than retail deposits; unlike KfW, the subsidiary does not benefit from the federal statutory guarantee. The institution publishes audited annual reports, maintains a network of international offices to originate and monitor transactions, and has adopted sector policies and ESG due-diligence standards that restrict certain high-emission activities while supporting financing tied to energy transition and critical infrastructure, all amid ongoing exposure to interest-rate, geopolitical, and sanctions-related constraints in selected markets.