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.
(04.11.2019) The Ifo Business Climate for the North Rhine-Westphalian economy again deteriorated slightly in October. While the assessment of the current business situation was still positive, it was somewhat less favourable than in the previous months, as a growing number of the companies surveyed were sceptical about the future.