Tip: Activate javascript to be able to use all functions of our website

Annual Report 2018

Letter of the Executive Board

Find out more

KfW on the capital markets and in its banking operations

Find out more

Financing and promotional activities of the business sectors

Find out more

Facts and figures

Find out more

Report of the Board of Supervisory Directors

Find out more

Corporate governance report

Find out more

Legal notice:
The information contained in this online Annual Report 2018 is based on KfW’s Financial Report 2018, which you can download here. Should this online Annual Report 2018, despite the great care taken in preparation of its content, contain any contradictions or errors compared to the Financial Report, the KfW Financial Report 2018 takes priority.