Deutsche Investitions- und Entwicklungsgesellschaft (DEG)
Deutsche Investitions- und Entwicklungsgesellschaft (DEG) is a Development Finance Institution (DFI) and a subsidiary of KfW Group. It was founded in Cologne in September 1962 as a federally owned company by the former Federal President Walter Scheel. Since its foundation, DEG has been headquartered in Cologne. In 2008, DEG moved into a modern, energy efficient office building in the city centre.
DEG has 13 representative offices across the world: Accra, Bangkok, Beijing, Istanbul, Jakarta, Johannesburg, Lima, Mexico City, Moscow, Nairobi, New Delhi, Sao Paulo and Singapore. In 2016, DEG employed a staff of more than 539, both in Germany and abroad. DEG generated new business totaling EUR 1.553 billion in 2016 and the balance sheet total amounted to EUR 5.820 billion. Since its foundation, DEG has co-financed almost 1,300 companies in more than 120 countries and committed a total of around EUR 8.6 billion
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Business Support Services