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Rating of KfW IPEX-Bank

Excellent long-term rating from the leading rating agencies

The two leading rating agencies Standard & Poor's and Moody's have given KfW IPEX-Bank GmbH a long-term rating of AA+ and Aa2, respectively.

KfW IPEX-Bank's creditworthiness, excellent in comparison with other banks, stems chiefly from a solid market position in international project and export finance that was built up successfully on a global scale over 60 years as well as from its strong equity base and refinancing through the KfW Group at market conditions.

We are proud of this rating, as it proves that all over the world KfW IPEX-Bank GmbH is a strong and reliable long-term partner for its customers.


The individual external ratings are:


Standard & Poor's:


Moody's


Further information:

Moody's: Rating Action KfW IPEX-Bank, June 2022

Moody's: Current Credit Opinion, June 2023

Moody's: www.moodys.com

Standard & Poor's Research Update February 2023

Standard & Poor's Rating January 2024

Standard & Poor's: www.standardandpoors.com