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Spreading the Word – Germany’s KfW Development Bank is Ready to Lend
Spreading the Word – Germany’s KfW Development Bank is Ready to Lend
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Spreading the Word – Germany’s KfW Development Bank is Ready to Lend
Economic stimulus packages in Germany mean there’s a total of 40 billion euros up for grabs - and it's up to the KfW, the bank that transferred 300 million euros to Lehman Brothers shortly before its bankruptcy, to distribute it.Preferred candidates are businesses that have suffered as a result of the global credit crunch. But so far, only 1,500 firms have requested help to the tune of around six billion euros. Very few small and medium-sized businesses are aware of just how the KfW can be of assistance, and that's why the bank has decided to take its message - by bus - to 64 German towns and cities, and take the money to the people. Alexa Meyer visited the town of Schwerin in the state of Mecklenburg-Vorpommern, and spent the day with KfW consultant Stephan Gärtner.
Channel: Deutsche Welle
Category: Business
Video Length: 276
Date Found: December 09, 2009
Date Produced:
View Count: 0
 
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