NRW.BANK

Profile

As a promotional bank for North Rhine-Westphalia, NRW. BANK the country in its structural and economic policy tasks. It acts on a public mandate, is competition-neutral and uses the entire spectrum of credit promotion products – from classic credit to tailor-made advice. Its three funding areas are "Economy", "Housing" and "Infrastructure/Municipalities".

In contrast to commercial banks, the customers of NRW are. BANK primarily house banks and other funding intermediaries. The NRW. Bank strictly observes the prohibition of discrimination in relation to other credit institutions. Their cooperation with the cooperative and private banks as well as the savings banks follows – competition-neutral – the house banking procedure.

The business of NRW. BANK focuses on the canon of funding areas defined by the so-called Understanding II. Competitive business (such as commercial real estate financing and the new issue of mortgage Pfandbriefe) has already been developed by Landesbank NRW, the predecessor institution of NRW. BANK, no longer pursued.

To fulfil its mandate, NRW. BANK is active in the following areas:

Securing and improving the medium-sized structure of the economy, in particular financing for business start-ups and consolidations,
state social housing subsidies,
structural development of cities and municipalities,
Infrastructure
measures in agriculture, forestry and rural areas,
environmental protection, technology and innovation measures,
measures of a social, cultural and scientific nature,
Financing projects in the Community interest
As part of its mandate, NRW. BANK finance operations for local authorities and special purpose associations governed by public law and participate in project financing operations carried out by the European Investment Bank or similar financial institutions in the Community interest.

Treasury

Insofar as this is directly related to its tasks, NRW. In addition to the treasury business, BANK also conducts risk management, borrows subordinated liability capital and issues uncovered bearer bonds, profit participation rights, public Pfandbriefe and other bonds.

The NRW. BANK refinances itself on the international capital market and is firmly anchored here. For this reason, and in order to act responsibly and transparently also vis-à-vis the politically responsible persons in the state, funding recipients, municipalities, employees and the public, NRW is committed to itself. BANK on Public Corporate Governance.