Business and staff
KfW
Abbreviation for Kreditanstalt für Wiederaufbau
In short and in plain language
KfW is a German bank owned by the federal government and the federal states.
It gives loans for education, new firms or housing.
Some people get money for further training at work. Part of it can be a loan from this bank.
Definition
KfW is the development bank owned by the German federal government and the federal states. Among other things, it provides development loans, for example for education, business start-ups or housing. For Aufstiegs-BAföG it can offer the loan part of the funding.