KfW

Ownership

KfW has no majority owner. Its largest known holders are:

• Германия 47%
• ERP-Sondervermögen 33%

Institutional holders

Index funds and asset managers hold stakes in most listed companies, so these are listed separately from strategic owners.

• Бавария 2.8%
• Баден-Вюртемберг 2.4%
• Нижняя Саксония 1.9%
• Гессен 1.6%
• Саксония 1.1%
• Шлезвиг-Гольштейн 0.6%
• Саксония-Анхальт 0.6%

These holders account for 98% of KfW. The remainder is free float or not yet recorded.