Overview

• KfW's Q1 2025 profit dropped to €117 million, a 75% decline from the previous year, due to increased loan-loss provisions and weaker-dollar valuation losses.
• The bank's new business commitments grew slightly to €17.7 billion, up from €17.5 billion in Q1 2024, highlighting its continued support for development initiatives.
• Domestic lending increased, with German SMEs leveraging KfW funding for innovation and climate protection projects.
• CEO Stefan Wintels emphasized the bank's stable earnings capacity and reaffirmed its non-profit mandate despite a challenging financial environment.
• KfW continues to provide low-interest loans to SMEs, home builders, and students in Germany, while also financing exports, international development, and start-ups through KfW Capital.