Tag Archives: FMO

FMO closes USD 15 million loan for Bancop to support job creation by productive SMEs in Paraguay

The HAGUE, 27-Sep-2018 — /EuropaWire/ — FMO has closed a USD 15 million loan for Banco Para la Comercialización y la Producción, Bancop S.A. (“Bancop”) in Paraguay, to support job creation by productive SMEs. Bancop is a member of the … Read the full press release

FMO’s NASIRA program to provide financial support to underserved entrepreneurs gets backing from EU and Dutch government

The HAGUE, 16-Jul-2018 — /EuropaWire/ —The European Comission (EC), has approved up to €75 million in guarantees and up to €8 million in Technical Assistence to FMO’s NASIRA program (NASIRA). The NASIRA risk sharing facility aims to provide access to … Read the full press release

FMO: Climate Investor One reaches third close at USD 535 million

Climate Investor One has reached third close at USD 535 million. This innovative blended finance facility provides funding for renewable energy projects in the wind, solar and run-of-river hydro sectors in developing countries . THE HAGUE, 25-Jun-2018 — /EuropaWire/ — Climate Investor One seeks … Read the full press release

Dutch development bank FMO loans USD 10 million to microfinance organisation VisionFund International (VFI)

THE HAGUE, 13-Mar-2018 — /EuropaWire/ — FMO, the Dutch development bank, has provided a five-year loan of USD 10 million to VisionFund International (VFI), a global microfinance organisation. This transaction will benefit the end clients of VFI’s microfinance institutions (MFIs) … Read the full press release

FMO: USD 100 million syndicated loan in support of agribusiness in Nigeria

The HAGUE, 13-Feb-2018 — /EuropaWire/ — Access Bank Plc announced that it has signed a Syndicated Loan Agreement totaling USD 100 million. The credit line has been arranged by FMO, together with Proparco, the French private sector development bank, Norfund (Norwegian … Read the full press release

Her Majesty Queen Máxima at the ‘Power of Partnerships – making finance work for women Entrepreneurs’ Symposium organised by the Dutch Development Bank (FMO)

THE HAGUE, 13-Feb-2018 — /EuropaWire/ — Her Majesty Queen Máxima will hold a speech on Monday 12 March at the Royal Institute for the Tropics in Amsterdam (KIT) in the Symposium ‘ Power of Partnerships – making finance work for women … Read the full press release

Dutch development bank FMO to support Argentina’s micro and small-to-medium sized enterprises (MSMEs)

THE HAGUE, 16-Jan-2018 — /EuropaWire/ — Banco Comafi has received a US$20 million investment from the Dutch development bank FMO to support Argentina’s new business sector in line with pro-market reforms implemented by the country’s elected government. The bank is the first Argentinian lender … Read the full press release

FMO, OFID and OeEB sign USD 67.5 million syndicated loan to Lebanon and Gulf Bank (LGB BANK) for SMEs

THE HAGUE, 02-Jan-2018 — /EuropaWire/ — The three development banks signed a USD 67.5 million loan to Lebanon and Gulf Bank (LGB BANK). In addition to the USD 32.5 million provided by FMO, OFID (the OPEC Fund for International Development) … Read the full press release

FMO and IFC launched e-course on Related Party Transactions Governance for commercial banks in Viet Nam

The HAGUE, 19-Dec-2017 — /EuropaWire/ — FMO and IFC launched an online course on Related Party Transactions Governance for Vietnamese commercial banks. Related party transactions (RPTs) are viewed as situations, which are open to a possible conflict of interest and can harm … Read the full press release

Dutch development bank FMO extends partnership with the largest microfinance institution in Afghanistan

THE HAGUE, 03-Aug-2017 — /EuropaWire/ — FMO, the Dutch development bank, extended its partnership with The First MicroFinance Bank, Afghanistan (FMFB-A) through a local currency loan of USD 5 million in Afghan Afghanis from MASSIF, the fund that FMO manages on … Read the full press release

MOU To Promote Sustainable Finance in Kenya and Mongolia Signed

The Hague, 22-Mar-2017 — /EuropaWire/ — Kenya Banking Association (KBA) and the Mongolian Bankers Association (MBA), members of the IFC-supported Sustainable Banking Network (SBN), signed a Memorandum of Understanding (MOU) to advance environmental and social risk management and sustainable financing practices … Read the full press release

FMO announces 90 million syndicated debt facility to strengthen Fedecrédito in El Salvador

FMO leads USD 90 million syndication to Fedecrédito THE HAGUE, 24-Jan-2017 — /EuropaWire/ — On 23 January 2017, FMO, the Dutch development bank, announced a 7-year USD 90 million syndicated debt facility to strengthen a federation of financial cooperatives in El … Read the full press release

Dutch development bank FMO invests in the SANAD Fund to support micro, small and medium enterprises in MENA

The Hague, 24-Jan-2017 — /EuropaWire/ — Dutch development bank FMO invests USD 15 million in the SANAD Fund for MSME to support small businesses in the Middle East and North Africa (MENA). The investment has been made through the MASSIF fund, … Read the full press release

Norfund, FMO and Rabobank to reaffirm their long-term commitment to Africa’s future development

Norfund, FMO and Rabobank have entered into a partnership to reaffirm their long-term commitment to Africa’s future development, growth potential and the local financial sector. The partners are committed to strengthen and develop effective, inclusive financial systems in Africa. It … Read the full press release

Sander Daniels to give FMO colleagues further insight in their own GHG footprint at the Nudge Global Leadership Challenge (NGLC) program

THE HAGUE, 05-Aug-2016 — /EuropaWire/ — His mission: to give FMO colleagues further insight in their own GHG footprint Within the setup of the Nudge Global Leadership Challenge (NGLC) program, Sander Daniels aims to support FMO colleagues to decrease their personal GHG footprint … Read the full press release

FMO funds Greenfield project with bus operator Transambiental in Colombia

The Hague, The Netherlands, 08-Jun-2016 — /EuropaWire/ —  On Tuesday 31 May, FMO signed a US$15 million senior secured loan, funded by IDF, for an innovative Greenfield project finance transaction. IFC was lead arranger with FMO and the Cordiant/Infrastructure Crisis Fund … Read the full press release

FMO: The Electrification Financing Initiative (ElectriFI) now accepts project proposals through www.electrifi.org

THE HAGUE, 15-Apr-2016 — /EuropaWire/ — The Electrification Financing Initiative, ElectriFI opens its doors on 15 April and interested parties can submit their project proposals through www.electrifi.org. ElectriFI is an innovative mechanism to unlock, accelerate and leverage investments providing access to … Read the full press release

Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. (FMO) launched and priced its new USD 500 million 3-year RegS FRN transaction

THE HAGUE, 15-Apr-2016 — /EuropaWire/ — Terms of the Transaction: Rating:   AAA(Stable) S&P / AAA (Stable) Fitch Issue amount:  USD 500mn Pricing Date:  12 April 2016 Maturity Date: 18 April 2019 Coupon:  3m USD Libor +32bps Format:  Floating rate note / RegS Re-offer Price: 100% ISIN:   XS1396344621 … Read the full press release

Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. launched and priced it’s new EUR 500 million 5-year RegS transaction

THE HAGUE,  29-10-2015 — /EuropaWire/ — Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. launched and priced it’s new EUR 500 million 5-year RegS transaction Terms of the transaction Rating: AA+ (Stable) S&P / AAA (Stable) Fitch Issue amount: EUR 500mn Pricing Date: 28 October … Read the full press release

Swedfund invests MUSD 10 in the Nigerian Ecobank, part of a syndicated loan led by the Dutch development bank FMO

Swedfund invests MUSD 10 in the Nigerian Ecobank through a subordinated term loan. The investment is made in conjunction with, among others, the Dutch development bank FMO and is an important contribution to the development of the country’s private sector. … Read the full press release