KOMPANION BANK CJSC
Status: Approved 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
Kompanion Bank is a mission driven MSME bank in Kyrgyzstan in which FMO has been a shareholder since 2014 and is also a debt provider since 2013. The majority of the bank’s portfolio is in microfinance loans.
What is our funding objective?
The objective of this project is to improve the bank’s focus on customer centricity of its digital products and thereby serve its existing and future (rural) customer base more effectively.
Why do we fund this investment?
Kompanion is committed to the development of low-income communities, which is strongly aligned with FMO's own goal of improving access to finance. This project enables Kompanion to reach its current and potential customers more effectively and thereby improve their access to finance and contribute to the economic and social development of the Kyrgyz population, which is largely rural.
More investments
| Date | Total FMO financing |
|---|---|
| 9/26/2023 | USD 3.00 MLN |
| 8/9/2021 | USD 7.00 MLN |
| 5/9/2017 | EUR 0.07 MLN |
| 12/15/2014 | KGS 263.68 MLN |
| 2/1/2017 | USD 8.00 MLN |
- Website customer/investment
- http://www.kompanion.kg/index.php?lang=en
- Region
- Europe & Central Asia
- Country
- Kyrgyzstan
- Sector
- Financial Institutions
- Effective date
- 10/14/2022
- Total FMO financing
- EUR 0.15 MLN
- Funding
- MASSIF
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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) - C