On 25 November 2015, Standard & Poor’s (S&P) upgraded FMO’s rating from AA+ to AAA. The outlook is stable in line with the outlook on the State of The Netherlands. FMO is also rated AAA by Fitch Ratings, confirming FMO’s position as one of the world's highest rated banks.
FMO is the international development bank of the Netherlands which supports businesses and financial institutions in developing countries with capital and skills as well as managing development funds on behalf of the Dutch government. FMO is 51% government owned, with strong government support via its support agreement with the Dutch state.