Media contacts
For questions about financing or funding possibilities, business offerings and acquisition, please use the contact form.
The number below is for media inquiries only.
Monica Beek
Media Spokesperson
T: +31 70 314 9130
M.Beek@fmo.nl
As a leading impact investor, FMO supports sustainable private sector growth in developing countries and emerging markets by investing in ambitious projects and entrepreneurs. FMO believes that a strong private sector leads to economic and social development and has a 50-year proven track record of enabling people to employ their skills and improve their quality of life. Every month we provide an overview of our new investments, which can be seen below.
Ecofy
Green lending non-banking financial institution
FMO is pleased to announce its investment in Ecofy, a pioneering green-only Non-Banking Financial Company (NBFC) in India. FMO (via MASSIF & Building Prospects) has committed to an equity investment of ~EUR 10 mln in Ecofy, dedicated to bridging the climate finance gap in the Indian retail sector. This investment underscores FMO's commitment to climate action and sustainable finance. It is poised to accelerate Ecofy's growth trajectory, enabling it to expand its loan portfolio, diversify its products, and extend its presence across India. FMO believes that this investment will not only catalyze Ecofy's mission of promoting green finance but also contribute significantly to India's sustainable development goals.
Safco Microfinance Company Limited
For-Profit NBFC in Pakistan
FMO signed a USD 5 mln loan transaction with Safco Microfinance Company Limited (“SMC”) in Pakistan. SMC is a for-profit, non-deposit taking microfinance institution catering to the credit needs of unbanked and low-income entrepreneurs in the Sindh province. Microfinance providers like SMC play a key role in assisting the economic progression of the less privileged. Moreover, after the 2022 floods, credit assistance is vital for those affected to rebuild their livelihoods means and resettle. The facility aims to support portfolio growth in women and rural financing, promoting both gender equality and financial inclusion.
JSC TBC Bank
Privately-owned bank in Georgia
FMO signed a syndicated subordinated loan agreement in the amount of EUR 80 million with TBC Bank Group PLC’s subsidiary TBC Bank in Georgia, with FMO acting as lead arranger and facility agent for the 5 other lenders. The funding will strengthen TBC’s capital position, increase its long-term resilience, and support the bank’s sustainable growth. FMO has been TBC’s first partner institution for over a decade, and through this transaction has enabled TBC to onboard new investors including IFU, Finnfund, and ILX. With a strong focus on inclusive financing, the transaction aims to further strengthen the Georgian financial sector.