KfW’s lending business reaches a record high

The state-owned development bank KfW approved a record amount of financing in the first half of the year: From January through June, new commitments totaling 57.7 billion euros were granted, according to KfW. New business was thus up about 46 percent from the previous year. KfW described the first half of 2026 as strong. Operating income—that is, before valuation adjustments and promotional expenses—surpassed the billion-euro mark: At 1.103 billion euros, it exceeded the previous year’s figure of 969 million euros, primarily thanks to net interest income…