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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 bank, investment and Development finance institution, 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. 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 Chief executive officer, CEO , which in turn reports to a 37member Board of Supervisory Directors. The Chair and Deputy Chair of the Board of Supervisory Directors are the German Federal Ministers of Federal Minister of Finance (Germany), Finance and of Federal Ministry for Ec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
KfW IPEX-Bank
The KfW IPEX-Bank GmbH is a wholly owned subsidiary of KfW (''Kreditanstalt für Wiederaufbau''; engl. credit institute for reconstruction) and since 1 January 2008 acts as 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 place under market conditions within the pro ... [...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-sec ... [...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 district in Frankfurt and serves as the headquarters for KfW, the German state-owned development bank. The KfW Westarkade is an example of sustainable architecture, which was led by three key factors, natural ventilation, activated slabs and geothermal energy, and the building is one of the first office towers in the world predicted to run on less than 90 KWh/m2 of primary energy per year. The KfW Westarkade was named the Council on Tall Buildings and Urban Habitat 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 facilities and office space for 700 people, and served to expand the KfW campus in the area, which includes buildings constructed from the 1970s through to 19 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Frankfurt
Frankfurt, officially Frankfurt am Main (; Hessian: , "Frank ford on the Main"), is the most populous city in the German state of Hesse. Its 791,000 inhabitants as of 2022 make it the fifth-most populous city in Germany. Located on its namesake Main River, it forms a continuous conurbation with the neighboring city of Offenbach am Main and its urban area has a population of over 2.3 million. The city is the heart of the larger Rhine-Main metropolitan region, which has a population of more than 5.6 million and is Germany's second-largest metropolitan region after the Rhine-Ruhr region. Frankfurt's central business district, the Bankenviertel, lies about northwest of the geographic center of the EU at Gadheim, Lower Franconia. Like France and Franconia, the city is named after the Franks. Frankfurt is the largest city in the Rhine Franconian dialect area. Frankfurt was a city state, the Free City of Frankfurt, for nearly five centuries, and was one of the most import ... [...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 over $13 billion (equivalent of about $ in ) in economic recovery programs to Western European economies after the end of World War II. Replacing an earlier proposal for a Morgenthau Plan, it operated for four years beginning on April 3, 1948. 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 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 states roughly on a per capita basis. A larger amount was given to the major industrial powers, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
KRL Commuterline
KRL Commuterline, or commonly known as Commuterline, is a commuter rail system for Greater Jakarta in Indonesia. It was previously known as KRL Jabodetabek. It is operated by PT KAI Commuter Indonesia (KAI Commuter/KCI), a subsidiary of the Indonesian national railway company PT Kereta Api Indonesia (KAI). The rail system uses rolling stock of rapid transit standard and operates at high frequency with a minimum headway. In 2019, the average number of KRL users per day reaches average of 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 electrified railway in Batavia was made by Dutch colonial railway company Staatsspoorwegen. A railway between Tanjung Priok to ''Meester Cornelis'' (Jatinegara) was the first line to be electrified. The con ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Robert Habeck
Robert Habeck (; born 2 September 1969) is a German politician and writer who has been serving as Vice Chancellor of Germany, Federal Ministry for Economic Affairs and Climate Action, Federal Minister for Economic Affairs and Climate Action in the Scholz cabinet, cabinet of Chancellor of Germany, Chancellor Olaf Scholz and as a Member of the German Bundestag for Flensburg – Schleswig since 2021. From 2018 to 2022, he also served as co-leader of Alliance '90/The Greens, alongside Annalena Baerbock. For the 2021 German federal election, he was a member of the leading duo, alongside Baerbock, who ran for chancellor of Germany. In 2009, Habeck was voted into the Landtag of Schleswig-Holstein, state parliament of Schleswig-Holstein as a deputy of The Greens and became Chairperson, group chairman. Both, at 2012 Schleswig-Holstein state election, early elections in 2012 and at the 2017 German federal election, federal elections in 2017 he ran as the top candidate of his own party. Fr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cassa Depositi E Prestiti
Cassa Depositi e Prestiti S.p.A. (also kwown as CDP or CDP Group) is a prominent Italian investment bank founded on November 20, 1850, in Turin. Its main 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 Long-Term Investors Club, a group that gathers 18 major financial institutions and institutional investors from all over the world mainly from G20 countries. History The institution was initially created under the name ''Cassa Piemontese'' by Act of the Parliament of the Kingdom of Sardinia No. 1097 of 18 November 1850. Its main purpose was to mobilise capital received by the State through private savings ... [...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, though sales to individual ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Euro
The euro ( symbol: €; code: EUR) is the official currency of 19 out of the member states of the European Union (EU). This group of states is known as the eurozone or, officially, the euro area, and includes about 340 million citizens . The euro is divided into 100 cents. The currency is also used officially by the institutions of the European Union, by 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. Additionally, over 200 million people worldwide use currencies pegged to the euro. As of 2013, the euro is the second-largest reserve currency as well as the second-most traded currency in the world after the United States dollar. , with more than €1.3 trillion in circulation, the euro has one of the highest combined values of banknotes and coins in c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Solar Cell
A solar cell, or photovoltaic cell, is an electronic device that converts the energy of light directly into electricity by the photovoltaic effect, which is a physical and chemical phenomenon.Solar Cells chemistryexplained.com It is a form of photoelectric cell, defined as a device whose electrical characteristics, such as , , or resistance, vary when exposed to light. Individual solar cell devices are often the electrical ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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