Germany's KfW IPEX-Bank has marked 10 years of deals by vowing to continue focusing on its current business model.

The lender has structured more than 3,000 export and project financing agreements worth EUR 143bn ($172bn) since its formation in 2008. These include shipping transactions.

A decade ago, on 1 January, the bank was spun off from the KfW group to become a legally independent company with 441 employees.