History
From a housing society to IBB
The history of Investitionsbank Berlin (IBB) is closely linked to the history of Berlin. The company's history spans from the overcoming of housing shortages in the 1920s to measures designed to compensate for structural shortcomings after reunification to financial business support measures in the 21st century.
In 2014, IBB celebrated ten years as an independent business development bank. The bank has now become established as a reliable partner for founders and businesses. 12,000 financing pledges have triggered an investment volume of EUR 21 billion, securing or creating 150,000 jobs. When it comes to housing, IBB is the point of contact for all matters related to financing for refurbishment and new building projects. We have compiled a list of the most important stages and achievements in our IBB film to coincide with the bank's 10th anniversary.
| Year | |
|---|---|
| 1924 | Established as Wohnungsfürsorgegesellschaft Berlin mbH in order to finance housing in Berlin |
| 1937 | Conversion to Wohnungsbau-Kreditanstalt of the Reich's capital city of Berlin (as an incorporated institution of the municipal administration) |
| 1965 | Conversion to Wohnungsbau-Kreditanstalt Berlin as an institution under public law. Wohnungsbau-Kreditanstalt Berlin becomes a capital collection unit for loans pursuant to section 17 of the Law Promoting the Berlin Economy in Order to Support and Subsidise Housing Construction in Berlin. |
| 1993 | Conversion to Investitionsbank Berlin and addition of the business development and subsidy portfolio; integration into Landesbank Berlin as an economically and organisationally independent division. |
| 2004 | Demerger from Landesbank Berlin and establishment as the independent institution of Investitionsbank Berlin under public law with public-sector responsibility and the refinancing guarantee of the Federal Land of Berlin |
IBB – 10th anniversary celebration on 2 September 2014
In 2014, IBB looked back over ten years as an independent business development bank. Back in 2004, IBB received its banking licence, making it an independent bank for the first time in its history.
This gave cause for celebration with around 450 guests from the worlds of politics, business and culture. The official speech was held by Klaus Wowereit, then Governing Mayor of Berlin.
