Funkcje i znaczenie Kreditanstalt fur Wiederaufbau jako instytucji wspierającej sektor małych i średnich przedsiębiorstw w Niemczech

Abstract

Extreme importance of the small and medium-sized enterprises for the functioning of the economy is unquestionable. However, this sector often does not have enough prospects for development, especially in the countries transforming their economy. The solution to this problem could be creation of so called “supporting banks” , of which the example is Kreditanstalt fur Wiederaufbau, functioning in Germany for the last 50 years. This institution is inseparably connected with the concept of social and economic order in Germany after the II World War, called “social market economy”. Kreditanstalt fur Wiederaufbau, established to help rebuild Germany after the war, in time received a status of a bank supporting the sector of small and medium-sized enterprises. Up to date this support is the main aspect of the bank’s activity. The enterprises belonging to this sector are being supported financially by access to low interest credits and venture capital investments.