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Who we are

LfA Förderbank Bayern, founded in 1951, is the specialist development bank of the Free State of Bavaria. Its mandate is to use the instruments of a bank to provide financial support for the projects of commercial companies and professions in practically all branches of industry and for other measures designed to improve the economic, transport, energy and environmental structure of Bavaria.

At the centre of LfA’s business activities is the provision of support for investment by those looking to start a business and by small and medium-sized companies in order to compensate for financial disadvantages specific to the size of the enterprise compared with larger companies. The aim is to create new employment and safeguard existing jobs in Bavaria. If the development loans contain subsidy elements, they generally concentrate on small and medium-sized enterprises as defined by the European Commission.
 

Strategic goals

LfA’s business activities are defined by both its development role and its status as a bank. To ensure our success in the future, and in line with our mission statement, we have defined the following guidelines on which our business objectives are based:

  • We are the bank that promotes the development of the Bavarian economy.
  • We focus on our clients’ needs.
  • We bundle all development instruments for Bavaria as an economic location.
  • We maintain our independence with continuing success.