Press release
Municipal Finance Agency 2012 reveals new refinancing possibilities
Kandler Gruppe GmbH (the "Kandler Group") announces new concept for municipal fund-raisingStraubing / Germany, July 3, 2012 – German municipalities manage funding on their own. But taking out bank loans faces increasing difficulties: Stricter requirements for banks' equity capital and the withdrawal of several banks from the municipal finance sector suggest a meltdown of favourable credit terms for municipalities.
In this situation, only the private capital markets can meet the financial demands of municipalities. However, until now most municipalities do not have access to the private capital markets as the costs for issuing bonds do not pay off on low volumes.
The Kandler Group now announces, that it is going to present a concept study named „Kommunale Finanzagentur 2012“ (“Municipal Finance Agency 2012”) for bundling the financial demands of several municipalities.
The concept study will be presented this summer on the website http://www.kofin.de . The concept study will be available in both German and English.
Kandler Group is a young German company, located in a Lower Bavarian city named Straubing, that develops consulting and service solutions for the public sector.
With the “Bürgerkredit 3.0” (“citizens loan 3.0”) the Kandler Group already presented a pathbreaking method for providing direct financing of municipalities by citizens without banks.
Furthermore, Kandler Group presented a corporate or private social responsibility model for a swift reduction of municipal indebtedness.
Under the slogan “Was wir machen, macht sonst niemand” („We do, what no one else does“) Kandler Group provides fundamentally new solutions. Therefore high-potential associates do research for Kandler Group and are highly committed to the innovation and quality of our products. Kandler Group appreciates the open minded and innovative exchange with science and is thus scientifically present by seminars, tutorials and publications.
Kandler Gruppe GmbH
Kreuzbreite 32
D-94315 Straubing
GERMANY
http://www.kandler-gruppe.de
kontakt@kandler-gruppe.de
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