Appendix to the Management Report
As an employer bound by collective wage agreements, NRW.BANK is obliged, under Section 22 of the German Equal Pay Act (Entgelttransparenzgesetz), to publish a report on equal treatment and equal pay every five years. The first report was published as part of the 2017 Financial Report. In accordance with the law, the next report will be published as part of the Financial Report for 2022.
NRW economy heading for a boom
(02.06.2021) Declining infection figures and a growing number of vaccinations have sent the NRW.BANK.ifo Business Climate picking up sharply in May. While companies’ business expectations improved particularly strongly, their assessment of the current situation also increased noticeably. As soon as the pandemic is sufficiently under control, the economy in North Rhine-Westphalia should enter a historic boom.