This report shows public data only. Is this your organisation? If so, login here to view your full report.

Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. (FMO)

PRI reporting framework 2020

Export Public Responses
Pdf-img

You are in Direct - Inclusive Finance » PIIF Principle 3: Fair treatment

PIIF Principle 3: Fair treatment

IFD 14. Investment in local currency

Possible action:

Provide financing in an appropriate currency and tenor.

14.1. In relation to your direct portfolio in debt, indicate if you provide investment in local currency.

14.3. Additional information. [Optional]

Most of our portfolio is reported in US Dollars and Euros.


IFD 15. Average maturity of debt investments

Possible action:

Provide financing in an appropriate currency and tenor. 

Actively support the building of a diversified funding base.

15.1. In relation to your direct portfolio in debt, indicate what percentage have a maturity (from the point of investment) of the specified duration:

15.2. Indicate if you have a set limit regarding the maximum fixed income investment exposure of the investees in which you invest. [Optional]

15.3. Additional information. [Optional]

FMO offers long term debt, with maturities starting at three years and averaging 4 years. Depending on the internal source of financing (FMO balance sheet financing or funding through off-balance sheet fund such as MASSIF), the exposure limit ranges between a maximum of 10% - 50% of investee's assets.


IFD 16. Average holding period of equity investments

Possible action:

Provide financing in an appropriate currency and tenor.

Actively support the building of a diversified funding base.

16.1. In relation to your direct portfolio in equity (as reported in IFD 04), indicate the average holding period of an equity investment.

16.2. Indicate if you have specific policies or procedures in relation to responsible approaches to exit.

16.3. Indicate if you publish policies or procedures in relation to responsible approaches to exit. Provide a URL. [Optional]

16.4. Indicate if you have specific policies or procedures on Return on Equity (ROE) targets or caps in relation to your equity investments.

16.5. Indicate if you publish policies or procedures on Return on Equity (ROE) targets or caps in relation to your equity investments. Provide a URL. [Optional]

16.6. Indicate your Return on Equity (ROE) targets, specifying different targets for different funds if applicable. [Optional]

Please view our investor presentation: https://www.fmo.nl/invest-with-us/funding

16.7. Indicate if you have a set limit regarding the maximum equity investment exposure of the investees in which you invest.

16.8. Additional information. [Optional]


IFD 17. Terms and conditions

Possible action:

Negotiate terms and conditions that are transparent, fair and reasonable, including fair break-up clauses.

17.1. Indicate if you adopt the following practices:

Describe your process.

          Before contracting terms and covenants are explained and discussed with our clients. This also occurs actively during the contracting process.
        

Indicate if these practices are formalised in written policies and procedures.

Describe your process.

          Before contracting terms and covenants are explained and discussed with our clients. This also occurs actively during the contracting process.
        

Indicate if these practices are formalised in written policies and procedures.

Indicate if these practices are formalised in written policies and procedures.

Indicate if these practices are formalised in written policies and procedures.

17.2. Additional information. [Optional]


Top