KfW Group reviews
Negative reviews
Timothy J. Schulz
https://www.facebook.com/pages/KFW-Bankengruppe/168520180422753
Der Grund für meinen Unmut und die schlechte Bewertung der KFW is der, dass die KFW damit wirbt eine Stütze für Jungunternehmer zu sein.
Dies kann ich jedoch nicht bestätigen, da ich als Potenzieller Jungunternehmer abgelehnt wurde, weil das „Ausfallrisiko“ zu hoch sei. Jedoch wurde mir ein unternehmen zum Kauf angeboten, welches reibungslos läuft alle erforderlichen Unterlagen waren vorhanden und meine geistige Reife ist gegeben.
Wenn mein vorhaben eine Luftnummer gewesen wäre und ich bei 0 anfangen würde könnte ich die Absage nachvollziehen und würde es verstehen, jedoch fange ich vom ersten Tag an Geld zu generieren. Habe die Geräte sowie den Kundenstamm um mein Vorhaben umzusetzen.
Danke dafür überdenkt die Werbung. Mehr bleibt mir leider nicht zu sagen.
Mit freundlichen Grüßen
Florica Tarcaru
https://www.facebook.com/pages/KFW-Bankengruppe/168520180422753
Vorsicht mit diese Bank der "finanziert "ihre Studium. Ein Freund von Mir hat ein Kredit genommen für meister Schule. Von Persönliche Grunde muss er Schule abrechen.
Er hat mit KFW das er in Rate bezahlt. Nach 4 Monate hat KFW ihm angeklagt. die wollen Zinsen und jetzt Gerichtliche Mahngebühren. Meine Bekannte hat regelmäßig bezahlt. Sind Betrüger. Die wollen nur das Du mehr bezahlst.
L_Cranston_Shadow
https://www.reddit.com/r/worldnews/comments/61e6nm/germanys_dumbest_bank_makes_new_payment_blunder/
Is the bank dumb, or is it just luring the money into a false sense of security?
Neutral reviews
anonymous
The KfW is a public development bank jointly owned by the Federal Republic of Germany and the German States (Länder). Since its formation in 1948 after World War II as part of the Marshall Plan, it has become Germany's most important promotional bank for private individuals as well as for enterprises, cities, municipalities and non-profit and social organisations. In particular, it is the country's leading financier of SMEs. On behalf of the German Government, KfW also administers Germany's official cooperation in developing and transition countries. It also offers financing solutions to German companies for large scale projects and for export and expansion abroad.
anonymous
Project Manager (Former Employee) – Capital Territory – May 16, 2018
Best institution in the world when it comes to employee retention, medical benefits, paid leave, professional growth, capacity building and promotions.
anonymous
https://www.gtreview.com/news/asia/german-development-bank-supports-indian-renewables/
KfW Ipex-Bank, a German development bank, has loaned €200mn to support renewable energy production in India.
The borrower is Rural Electrification Corporate (REC), a government agency that will onlend the finance in the form of low-interest loans, to investors in the solar and wind power sectors.
Borrowers must contribute 30% in equity to any project supported by the REC scheme, while it is also hoped that other banks can join financings through syndication.
It fits in with the Indian government’s plans to produce 175GW of renewable energy by 2022. This would represent around 50% of total energy generation. 100GW would come from photovoltaic energy under this plan, with a further 60GW coming in the form of wind energy. The rest would come from smaller sources, such as biomass and small-scale hydropower.
This KfW Ipex package will see enough power generated to support 270,000 Indian homes, offsetting some 285,000 tonnes of carbon emissions each year. It marks the fourth line of credit REC has received under the Indo-Germany Development Co-operation, a bilateral initiative designed to support renewable green energy projects in India.
KfW Ipex has a history of supporting rural electrification in South Asia. Since 2016, it has provided support for Myanmar’s rural electrification programme, culminating in a financing package in 2017.
anonymous
https://www.bankingtech.com/2017/03/germanys-kfw-bank-in-e5bn-money-transfer-error/
KfW, a German government-owned development bank, which gained publicity for erroneously transferring more than €300 million to Lehman Brothers the day it filed for bankruptcy, has done it again, according to Bloomberg.
KfW mistakenly transferred more than €5 billion to four banks because of a technical glitch that repeated single payments multiple times, according to people familiar with the matter.
The total amount transferred was as high as about €6 billion, says one of the people, who like the others asked not to be identified because the matter is private. (Well, it was.)
“KfW has detected the system’s incorrect behaviour very early in the process, immediately mitigated the unwanted action and started the necessary process of analysing the causes,” the bank says in an emailed statement to Bloomberg. “The mistake was rapidly identified and eliminated, and the amounts overpaid were successfully demanded back. We regret that during works on the systems, this incident could happen due to human error owing to a configuration mistake.”
In this latest mishap, and according to a source that spoke to Bloomberg, KfW was told about its error by Germany’s Bundesbank, which said it had overdrawn its account there.
If you don’t remember the KfW/Lehman Brothers incident, then it was back in September 2008. At that time, the KfW “failed to refresh its counterparty check that would have prevented it from processing the regular transaction”, according to Bloomberg. The transfer became a political scandal in Germany, with newspaper Bild calling KfW “Germany’s dumbest bank”.
KfW is not alone for these kinds of glitches. In June 2015, Deutsche Bank’s foreign exchange unit erroneously sent $6 billion to a hedge fund client and recovered the sum a day later.
Negative reviews
Timothy J. Schulz
https://www.facebook.com/pages/KFW-Bankengruppe/168520180422753
Der Grund für meinen Unmut und die schlechte Bewertung der KFW is der, dass die KFW damit wirbt eine Stütze für Jungunternehmer zu sein.
Dies kann ich jedoch nicht bestätigen, da ich als Potenzieller Jungunternehmer abgelehnt wurde, weil das „Ausfallrisiko“ zu hoch sei. Jedoch wurde mir ein unternehmen zum Kauf angeboten, welches reibungslos läuft alle erforderlichen Unterlagen waren vorhanden und meine geistige Reife ist gegeben.
Wenn mein vorhaben eine Luftnummer gewesen wäre und ich bei 0 anfangen würde könnte ich die Absage nachvollziehen und würde es verstehen, jedoch fange ich vom ersten Tag an Geld zu generieren. Habe die Geräte sowie den Kundenstamm um mein Vorhaben umzusetzen.
Danke dafür überdenkt die Werbung. Mehr bleibt mir leider nicht zu sagen.
Mit freundlichen Grüßen
Florica Tarcaru
https://www.facebook.com/pages/KFW-Bankengruppe/168520180422753
Vorsicht mit diese Bank der "finanziert "ihre Studium. Ein Freund von Mir hat ein Kredit genommen für meister Schule. Von Persönliche Grunde muss er Schule abrechen.
Er hat mit KFW das er in Rate bezahlt. Nach 4 Monate hat KFW ihm angeklagt. die wollen Zinsen und jetzt Gerichtliche Mahngebühren. Meine Bekannte hat regelmäßig bezahlt. Sind Betrüger. Die wollen nur das Du mehr bezahlst.
L_Cranston_Shadow
https://www.reddit.com/r/worldnews/comments/61e6nm/germanys_dumbest_bank_makes_new_payment_blunder/
Is the bank dumb, or is it just luring the money into a false sense of security?
Neutral reviews
anonymous
The KfW is a public development bank jointly owned by the Federal Republic of Germany and the German States (Länder). Since its formation in 1948 after World War II as part of the Marshall Plan, it has become Germany's most important promotional bank for private individuals as well as for enterprises, cities, municipalities and non-profit and social organisations. In particular, it is the country's leading financier of SMEs. On behalf of the German Government, KfW also administers Germany's official cooperation in developing and transition countries. It also offers financing solutions to German companies for large scale projects and for export and expansion abroad.
anonymous
Project Manager (Former Employee) – Capital Territory – May 16, 2018
Best institution in the world when it comes to employee retention, medical benefits, paid leave, professional growth, capacity building and promotions.
anonymous
https://www.gtreview.com/news/asia/german-development-bank-supports-indian-renewables/
KfW Ipex-Bank, a German development bank, has loaned €200mn to support renewable energy production in India.
The borrower is Rural Electrification Corporate (REC), a government agency that will onlend the finance in the form of low-interest loans, to investors in the solar and wind power sectors.
Borrowers must contribute 30% in equity to any project supported by the REC scheme, while it is also hoped that other banks can join financings through syndication.
It fits in with the Indian government’s plans to produce 175GW of renewable energy by 2022. This would represent around 50% of total energy generation. 100GW would come from photovoltaic energy under this plan, with a further 60GW coming in the form of wind energy. The rest would come from smaller sources, such as biomass and small-scale hydropower.
This KfW Ipex package will see enough power generated to support 270,000 Indian homes, offsetting some 285,000 tonnes of carbon emissions each year. It marks the fourth line of credit REC has received under the Indo-Germany Development Co-operation, a bilateral initiative designed to support renewable green energy projects in India.
KfW Ipex has a history of supporting rural electrification in South Asia. Since 2016, it has provided support for Myanmar’s rural electrification programme, culminating in a financing package in 2017.
anonymous
https://www.bankingtech.com/2017/03/germanys-kfw-bank-in-e5bn-money-transfer-error/
KfW, a German government-owned development bank, which gained publicity for erroneously transferring more than €300 million to Lehman Brothers the day it filed for bankruptcy, has done it again, according to Bloomberg.
KfW mistakenly transferred more than €5 billion to four banks because of a technical glitch that repeated single payments multiple times, according to people familiar with the matter.
The total amount transferred was as high as about €6 billion, says one of the people, who like the others asked not to be identified because the matter is private. (Well, it was.)
“KfW has detected the system’s incorrect behaviour very early in the process, immediately mitigated the unwanted action and started the necessary process of analysing the causes,” the bank says in an emailed statement to Bloomberg. “The mistake was rapidly identified and eliminated, and the amounts overpaid were successfully demanded back. We regret that during works on the systems, this incident could happen due to human error owing to a configuration mistake.”
In this latest mishap, and according to a source that spoke to Bloomberg, KfW was told about its error by Germany’s Bundesbank, which said it had overdrawn its account there.
If you don’t remember the KfW/Lehman Brothers incident, then it was back in September 2008. At that time, the KfW “failed to refresh its counterparty check that would have prevented it from processing the regular transaction”, according to Bloomberg. The transfer became a political scandal in Germany, with newspaper Bild calling KfW “Germany’s dumbest bank”.
KfW is not alone for these kinds of glitches. In June 2015, Deutsche Bank’s foreign exchange unit erroneously sent $6 billion to a hedge fund client and recovered the sum a day later.