NRW.Bank (incorporated as NRW.BANK) is a German state development bank of North Rhine-Westphalia (NRW) based in Düsseldorf and Münster.

It is owned by the North Rhine-Westphalia state[4] and supports its structural policy.

Attracting strong criticism, the bank used Credit Default Swaps (CDS).

[10] In April 2015, NRW.Bank filed a lawsuit against Austrian "bad bank" Heta Asset Resolution AG for failing to pay €275.5 million in bonds following the suspension of its debt, imposed by Austrian financial regulators.

[11] The North Rhine-Westphalia state government subsequently asked German finance minister Wolfgang Schäuble to intervene and "to do what is politically and legally possible so that contracts or commitments are met.