GLOBAL BANKING ALLIANCE FOR WOMEN
Status: Completed investmentWhy disclosure?
FMO is committed to making publicly available relevant investment information that informs stakeholders and enables them to engage directly with FMO on its investments which, in turn, enhances our investment decisions, the design and implementation of projects and policies, and strengthens development outcomes. Learn more
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 Global Banking Alliance for Women (GBA) is a global consortium of financial institutions dedicated to supporting banks as they capture the opportunity of the Women’s Market. GBA members work in more than 135 countries to build innovative, comprehensive programs that deliver women the tools that they need to succeed, including access to capital, information, education and markets. Indirectly, this project will benefit FMO’s client banks, primarily in Africa and Asia.
What is our funding objective?
The aim of this project is to continue a successful relationship with the GBA, and to focus on African and Asian banks through the hosting of All Stars in Sri Lanka (March 2018) and South Africa (mid-2018). Furthermore, the need for peer mentoring is also high in the market, and hence FMO will support the mentoring program’s further roll-out and development. Finally, a portion of the grant will be allocated to the annual conferences.
Why do we fund this investment?
The project is of high strategic relevance given FMO’s increasing focus on reducing inequalities and gender equality. Furthermore, this project contributes directly to the development and the deployment of “gender lines”, that yield real impact on access to finance for female owned businesses.
More investments
| Date | Total FMO financing |
|---|---|
| 6/8/2022 | EUR 0.20 MLN |
| 8/27/2018 | EUR 0.24 MLN |
- Region
- Africa
- Country
- Africa
- Sector
- Infrastructure, Manufacturing and Services
- Effective date
- 4/17/2018
- End date
- 1/13/2021
- Total FMO financing
- EUR 0.17 MLN
- Funding
- ForeignAffairs - CD