IKB Deutsche Industriebank

IKB Deutsche Industriebank AG (FWB: IKBG) is a bank headquartered in Düsseldorf, Germany.

Bafio dealt in long-term real estate financing in an effort to aid the German economy grow under the weight of the World War I reparations the country owed.

The German government's financing bank, KfW (formerly Kreditanstalt für Wiederaufbau), owned a 38% stake in IKB.

After several months of consideration of the sale of the IKB stake,[3] it was announced on 21 August 2008 that private equity firm Lone Star Funds would acquire a 90.8% holding in the bank.

[5] When the subprime market in the United States crashed in the summer of 2007, the global reach of the crisis was not immediately obvious.

[9] As a result of the losses suffered by IKB, the company was demoted from Deutsche Börse's mid-cap MDAX stock market index to the small-cap SDAX in March 2008.

[10] After the crash of its shares, the German financial watchdog BaFin and the Ministry of Finance opened an investigation into allegations of reporting and accounting misconduct.

Share of the Industriekreditbank AG, issued in December 1949