EUROPEAN FUND FOR SOUTHEAST EUROPE SA,
Status: Completed investmentWhy disclosure?
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In case of questions
In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
The European Fund for Southeast Europe's (EFSE) mission is to foster economic development and prosperity in Southeast Europe. This translates into qualified Partner Lending Institutions (PLIs) providing sustainable and additional development finance to micro and small enterprises, and to low-income private households.
What is our funding objective?
This funding will support a capacity-building project focused on responsible finance, agricultural lending and local currency lending. Technical assistance will be provided by EFSE (through different consultants) to its clients (local banks) with the aim of increasing the development impact of EFSE.
Why do we fund this investment?
EFSE’s mission to foster economic development in Southeast Europe by providing finance to micro and small enterprises and low-income households is strongly aligned with FMO's startegy.
More investments
| Date | Total FMO financing |
|---|---|
| 7/28/2015 | EUR 20.00 MLN |
| 7/28/2015 | EUR 20.00 MLN |
- Region
- Europe & Central Asia
- Country
- Europe & Central Asia
- Sector
- Financial Institutions
- Effective date
- 1/29/2013
- End date
- 6/19/2019
- Total FMO financing
- EUR 0.15 MLN
- Funding
- FMO NV
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Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - B