Founded in 1990, Deutsche Kreditbank (DKB) is a wholly-owned subsidiary of Bayerische Landesbank (BayernLB). A so-called direct bank, DKB is active in Germany only. DKB focuses on a selected group of customers in private, business and public clients, including over 4 million retail customers. Financed projects often have a municipal background.
DKB has one of the biggest renewable energy portfolio in Germany and is a market leader in agricultural business. In addition, DKB is a leader in green and social infrastructure financing and in sustainability.
DKB’s public sector clients include a range of financial programmes with a positive sustainable impact, such as for the health and education sector, public infrastructure, or for the social sector. In addition, more than 40% of the portfolio is dedicated to the development of renewable energy projects; over 4,500 renewable energy plants with a total installed output is 9GW have been installed with financing of DKB. The electricity produced from these projects meets the needs of over 5 million 2-person households, equivalent to saving 12 million tonnes of CO2.
The bank applies social and environmental criteria when making lending decisions, including the IFC Performance Standards, the World Bank Group’s general EHS Guidelines and World Bank Group’s EHS Sector Guidelines. Moreover, some carbon intensive sectors are excluded from financing. The bank also applies sustainability criteria to its investment portfolio and offers relevant socially responsible investment products and theme funds.