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

KfW's European commitment

KfW's expertise in promoting small and medium-sized enterprises is sought after not only in Germany, but across Europe. KfW is involved here in several ways: EU Investment Plan, advisory services in developing national promotional institutions, disbursing global loans on behalf of the German federal government and by cooperating with other promotional banks.

55 years of the Élysée Treaty: cooperation with French promotional banks


On 22 January 1963 German Federal Chancellor Konrad Adenauer and French President Charles de Gaulle signed an agreement on Franco-German cooperation at the Élysée Palace in Paris, which has gone down in history as the Élysée Treaty. Both heads of state thus not only sealed economic cooperation between France and Germany in 1963, but also lasting peace in Europe.

As the largest German promotional bank, KfW works together with French promotional institutions to perform these tasks. Unlike in Germany, the government in France tasks three institutions with economic promotion: Caisse des Dépôts (CDC), Bpifrance and Agence Francaise de Développement (AFD). The good and trusting cooperation that KfW developed with all three promotional institutions has grown over the years. KfW, CDC, Bpifrance, AFD and the Italian promotional bank "Cassa Depositi e Prestiti" maintain a joint EU representative office in Brussels.

KfW-News of 19. January 2018

KfW in Europe

KfW is participating in the European Investment Plan.

Read more

Cooperation with European promotional banks

KfW is cooperating with many national promotional banks and institutions in the EU.

Read more

KfW Stories - Dossier Circular economy

In our dossier, we present the European Joint Initiative on Circular economy, and projects that pursue the principle of a closed-loop economy.

Read KfW Stories

European investment plan

KfW contributed around 8 billion euros to the European investment plan (the "Juncker plan") between 2015 and 2017. The plan includes bilateral measures such as granting global loans to European promotional banks with a focus on financing the SME sector, intensifying securitisation activities, providing venture capital, project and equity finance as part of investment platforms including the Marguerite fund for example.

"KfW statement on the German Bundestag hearing of the EU Investment Plan", KfW News of 22 April 2015

"Investment Plan for Europe: European Fund for Strategic Investments ready for take-off in autumn", Press release of the European Commission of 22 July 2015

"Communication on the role of National Promotional Banks in supporting the Investment Plan for Europe", Communication from the Commission to the European Parliament and the Council of 22 July 2015

The Investment Plan for Europe: Questions and Answers

As of May 2018

Terms of Use

You may use the texts of KfW Special Topics free of charge for editorial purposes, except pdf-files created by third parties. Please note that the photographs are subject to copyright. More photos for free use you can find in the KfW Photo Archive.


KfW Group


Palmengartenstrasse 5-9

60325 Frankfurt am Main



+49 69 7431 44 00


+49 69 74 31 32 66