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 on the growth path
(02.09.2020) The NRW.BANK.ifo Business Climate again improved in August, albeit not quite as strongly as in the previous three months. The latest increase is mainly attributable to a much better assessment of the current business situation. Unlike in previous months, the improved sentiment is no longer based merely on hope.