EE Impact

Kfw (IPEX-Bank, DEG, FuB)

Germany · Finance & Payments

Also known as: Kfw IPEX-Bank

LeaveRussia detail: Exit Completed

Exited Russia

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.

Status last verified 03/08/2026Source checked 05/12/2023Company website ↗LeaveRussia profile ↗

Decision trail

Decision date 03/02/2023 · Reference ↗

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

Status history since 2022

  1. 03/08/2026 exited · Imported from KSE LeaveRussia

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