Credit Institutions in Germany - New Challenges Posed by the Coronavirus Crisis - McDermott Will & Emery

Credit Institutions in Germany – New Challenges Posed by the Coronavirus Crisis

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Overview


The German Federal Government has already made many efforts to rescue the  fluctuating economy.  Firstly through a newly created Economic Stabilization Fund but above all through special programs by the KfW (a German state-owned development bank), which are intended to ensure that banks – with a KfW risk assumption – are motivated and able to issue loans to suffering companies.

Read the full article in German here.