KfW takes stock – but that
Business figures from the state development bank for 2019 are likely
this Thursday (10 a.m.) given the central role of the
Frankfurt Institute for Corona Aid by the Federal Government
play a subordinate role.
That another billion dollar profit will be on KfW’s books,
was foreseeable since autumn at the latest – even if the surplus
according to the forecast at the time, will be somewhat lower than the round one
1.64 billion euros in 2018. “Looking at the end of the year
we expect a consolidated profit below the previous year, but again above
the long-term earnings potential of KfW “, had CEO
Günther Bräunig explained at the beginning of November. It means one
Target of one billion euros after taxes.
There should be many questions about the current loan programs in the
Give corona crisis. Since March 23, companies have been able to obtain funds from the
Apply for a KfW special program at your house bank. The state
Development bank – and thus the public sector – takes over the majority
of risk in the event that entrepreneurs don’t have the money
can repay. Complaints have repeatedly been made from the business community
loud, the money did not get to the companies quickly enough.
There are also demands that the federal government should
100 percent secure aid loans. / Ben / DP / nas
AXC0045 2020-04-02 / 05: 50
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