INTERNATIONAL DEVELOPMENT IRELAND (FMO-45232)

Regions
  • World
Where the impacts of the investment may be experienced.
Financial Institutions
  • Netherlands Development Finance Company (FMO)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
Selected FI clients
The holder of the loan, grant, or other investment.
Sectors
  • Industry and Trade
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 0.06 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Currency conversion note:
Bank reported 0.06
Converted using 2015-11-24 exchange rate.
Primary Source

Original disclosure @ FMO website

Updated in EWS Nov 25, 2020


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Project Description

The client for this project will be selected FMO Financial Institutions (FI) clients or prospects in emerging markets.

FMO's focus is mainly geared towards financial sector development, facilitating amongst others access to finance for the lower end of the market. The aim is to provide Capacity Development funding for participation of a number of FI clients in the International Development Ireland (IDI) banking training program for senior staff/management of FI's in developing countries.

 

Investment Description
  • Netherlands Development Finance Company (FMO)
Private Actors
  • Unknown/Undisclosed Financial Intermediary (Client)
Contact Information

**Project contacts not available at the time of disclosure.**

ACCOUNTABILITY MECHANISM OF FMO

Communities who believe they will be negatively affected by a project funded by the Dutch Development Bank (FMO) may be able to file a complaint with the Independent Complaints Mechanism, which is the joint independent accountability mechanism of the Dutch Development Bank (FMO) and the German Investment Corporation (KfW) . A complaint can be filed in writing, by email, post, or online. The complaint can be filed in English or any other language of the complainant. The Independent Complaints Mechanism is comprised of a three-member Independent Expert Panel and it can provide either problem-solving, compliance review or both, in either order. Additional information about this accountability mechanism, including a guide and template for filing a complaint, can be found at: https://www.fmo.nl/independent-complaints-mechanism