Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)

Exited Exit Completed

The KfW, which together with its subsidiaries DEG, KfW IPEX-Bank and FuB forms the KfW Bankengruppe, is a German state-owned investment and 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.

Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)

Exited Exit Completed
The Company Statement
February 03, 2023

KfW IPEX-Bank has stopped all business in Russia during the year 2022 and closed its representative office by end of December 2022.

December 05, 2023List of closed foreign banks rep offices published by Russian Central Bank
KfW Locations | KfW
Export Finance | Project Finance (KfW IPEX Bank)
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