According to the London-based industry information service Trade & Export Finance (TXF), KfW IPEX-Bank is one of the top 3 export financiers worldwide - such is the result of the TXF 2021 Export Finance Industry Survey. This gives KfW IPEX-Bank a ranking among the top 3 banks providing export finance for the fifth consecutive year - the sole institution on the list to do so.

KfW IPEX-Bank's extensive industry, structuring and country know-how was also demonstrably confirmed by the accolade as "Top rated export finance bank for European exporters", a new TXF award category.

"This good result makes us especially proud after such an exceptional year, marked as it was by coronavirus," said Klaus R. Michalak, CEO of the Management Board of KfW IPEX-Bank. "Being counted among the top 3 export financiers worldwide for the fifth year in a row and also chosen as 'Top rated export finance bank for European exporters' underpins our aim to be a key provider of export and project finance solutions. At the same time, it also motivates us to continue to support international market players, clients and business partners as best possible in the future as well."

The results of the TXF Export Finance Industry Survey are based on responses provided by more than 450 stakeholders from the export industry on the performance of export finance banks. The study involves a qualitative evaluation of individual aspects such as flexibility and innovation, experience in export finance and also customer service.

KfW IPEX-Bank achieved scores far above average particularly in the categories "industry expertise" and "understanding of clients' businesses". The overall result underscores the bank's own high standards for attaining excellent customer satisfaction.