75 years of KfW
The 1960s
Back then
The 1960s
The 1960s were a time of new beginnings. The world community expects the young, economically strengthening Federal Republic of Germany to assume responsibility in development aid.
In 1961 KfW is legally mandated to perform development cooperation and commercial project financing.
Further informationIn 1961, KfW is legally mandated to perform development cooperation and commercial project financing as a way of “helping people help themselves”. At that time, the focus was on financing major infrastructure projects. Building on its own success story from the 1950s, KfW grants loans to development banks to support the domestic economy in its investments.
Today, KfW is represented in 80 countries and uses its wide range of instruments to sustainably improve the economic and social situation of developing countries. This also includes tackling the effects of climate change and protecting natural resources, for example by using the Legacy Landscapes Fund, which also receives private capital.
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