Under the terms of the agreement, NRW.Bank will provide Deutsche Bank with low interest refinancing funds to issue loans to small and mid-sized businesses in North Rhine-Westphalia. The advantage granted by NRW.Bank is fully passed on by Deutsche Bank in the form of low interest loans to its mid-cap clients.
Jurgen Fitschen, member of the group executive committee of Deutsche Bank, said: We are pleased to be able to offer our mid-cap clients in NRW a flexible and attractive financing alternative. We back mid-cap businesses in our home market and assist them in their business activities in Germany and abroad. The advantage granted by NRW.Bank is fully passed on by Deutsche Bank in the form of low interest loans to its mid-cap clients.
