DEG at a glance: Business year 2020
During the 2020 financial year DEG was particularly sought-after as a reliable partner to its customers due to the ongoing global COVID-19 pandemic. We provided them with long-term funding totalling to around EUR 1.4 billion and mobilised a further EUR 378 million provided by other investors.
In addition we developed specific COVID response services in order to give our customers targeted support during the pandemic. Via DEG’s advisory and promotional programmes alone, EUR 50 million went into the co-financing of COVID-19-related measures, for example in the healthcare sector and for continued salary payments. 2020 also highlighted our impact on development: Our existing customers, for example, employed around 2.3 million people and generated EUR 120 billion in local income.