The ANWR Group’s credit institutions, the DZB Bank and the Aktivbank, have received accreditation for the granting loans in behalf of KfW (Kreditanstalt für Wiederaufbau or Credit Institute for Reconstruction) a bank of the German government that provides low-interest loans to support German companies, generally start-ups and small and medium-sized enterprises. It is also responsible now for awarding relief measures in the wake of the coronavirus crisis.
This means that the ANWR Group, to which around 5,000 retail companies are affiliated, including many shoe retailers can now support them directly through its two banks with KfW funds.
In addition, Frank Schuffelen, the new 51-year-old chief executive of the ANWR Group, will assume a new political role in their behalf. On May 26, he was elected as a member of the executive committee of the Mittelstandsverbund, an association of small and medium-sized companies. With his election, the ANWR Group is again represented in the presidium of the Central Association of German Businesses in Berlin and Brussels, which groups around 310 associations.
Schuffelen has been on the board of the ANWR Group since 2011, responsible for corporate development and corporate communications, as well as human resources, finance, controlling and the internal control system. He is also the chairman of the DZB Bank and Aktivbank, which belong to the ANWR Group.