KfW pares back funding programme thanks to new sources

By Lewis McLellan
03 Jul 2020

While the coronavirus pandemic and its economic consequences are still a global threat, new sources of funds have enabled KfW to reduce its capital markets requirement for 2020. The German promotional bank's treasurer, Tim Armbruster, and head of capital markets Petra Wehlert discussed the matter with GlobalCapital.

“We have a special task this year as part of the government’s response to the Covid-19 pandemic,” said Armbruster. “We have to support the German economy by providing liquidity.”

In March, KfW said that it was “standing ready to ramp up its funding” in order to fulfil its ...

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