At the REWE Group, we have a rigorous financial organisation and pursue a central financing and insurance approach. The overarching goal of our financing strategy is to ensure the financial flexibility and solvency of the REWE Group and its subsidiaries and affiliates at all times. The REWE Group presents itself as a single financial entity. This means that:
All necessary funds and lines of credit are arranged centrally by the central Finance department,
Cash pooling is used to pool cash flow for the Group within the in-house bank,
The central Finance department is responsible for coordinating the banking and insurance strategy and negotiating banking and insurance conditions,
The financial and actuarial risk positions are managed on the basis of a risk strategy,
All internal and external payment transactions within the Group are handled centrally,
Major material, asset and liability risks are hedged uniformly via international insurance schemes.