NRW.BANK operates as a state development bank of the State of North Rhine-Westphalia, Germany. It offers various lending tools, including funding aids provided under the development programs of the federal state, the federal government, and the EU to equity and debt financing. The company provides education financing, which include products for financing training and further education; and tuition fee loans. It also offers public promotion and equity finance products to small and medium-sized enterprises. In addition, NRW.BANK processes infrastructure funding products of the state of North-Rhine Westphalia and the German federal government; provides local authorities in North Rhine-Westphalia with advice, structuring, and customized funding products for interest rate and cash management; structures and finances public private partnerships, and participates in structured loans; and offers equity products for the public sector. Further, it extends loans for the construction of rented flats, and the construction and acquisition of owner-occupied homes for households; and executes the housing programs of KfW Forderbank, Germany’s federal development bank. The company was founded in 2002 and is headquartered in Dusseldorf, Germany.