Digitalisation firms komuno and LPA announced today the development of an online portal for the automated processing of grants and loans on behalf of Rentenbank. Germany's development agency for agribusiness, forestry and rural areas, Rentenbank lent over €6 billion in low interest loans last year, with farmers buying more machinery and rural infrastructure.

Susan Niederhöfer hands over baton to Thomas Eitenmüller. Susan Niederhöfer, Managing Director of komuno, the digital platform for municipal loans, is on maternity leave from July 2020.

komuno and IKOR simplify the loan application process for municipalities and development banks

The municipal credit platform komuno, a joint venture of Helaba Digital and Lucht Probst Associates (LPA), will open up access to all banks outside the Sparkassen-Finanzgruppe from the beginning of the year.