Operational highlights
Highlights of 2011 can be found throughout this annual report.
Here are some of our key operational achievements:
- We added a fourth focus sector - Agribusiness, food &
water. This will allow us to use and further expand our experience
and expertise in this key sector, which we believe has a very high
potential for development impact in terms of boosting food security
and alleviating poverty.
- We maintained our focus on low-income countries. Some 44% of
our portfolio is committed to these markets.
- We realized attractive private equity exits of our own
portfolio companies and benefitted from various profitable exits in
our funds portfolio. We completed 27 private equity investments,
the majority of them direct investments.
- We upgraded and implemented new Client Risk Rating scorecards,
validated by Moody's. The four new scorecards - Bank, Non-Bank
Financial Institutions, Corporate and Project Finance - generate
ratings comparable with those of S&P and Moody's, satisfy Basel
requirements and enable us to use our capital more
efficiently.
- Funding was further diversified, by issuing AUD and
CAD-denominated bonds.
- We mobilized more third-party funds to emerging markets, in
line with our strategic objective. We outperformed our target to
mobilize US $500 million through syndicated loans, parallel loans
and/or risk-sharing agreements.