FMO: Record new commitments
Issue 297
- 26 Mar 2015
| 1 minute read
Dutch development bank FMO made more than E2.5bn ($3.3bn) in new investments during 2014, bringing its total committed portfolio to E8bn (from E6.6bn in 2013), according to results published on 25 March. The bank reported a net profit of E124m. Some E879m in new commitments was mobilised through third parties. FMO has reported especially strong growth in its African energy investments, which last year included Ghana’s Cenpower scheme.
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