FMO is the Dutch entrepreneurial development bank
Since 1970, we have been a driving force behind investments empowering local entrepreneurs in emerging markets. We believe in a world in which, in 2050, more than 9 billion people live well and within the means of the planet’s resources.
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Read more ›2020 Performance
FMO is 50
On 8 July 2020, it was exactly fifty years ago that the Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden, now better known as FMO, was established. Despite being housebound, we could not let this milestone go by unnoticed.
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Letter of the Management Board
In July 2020, we celebrated FMO’s 50th birthday. Hundreds of colleagues joined the online celebration in which we commemorated half a century of empowering entrepreneurs to build a better world.
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About this report
FMO’s integrated annual report was prepared following the principles of the Integrated Reporting framework of the International Integrated Reporting Council (IIRC) and in accordance with the 'core option' of the Global Reporting Initiative (GRI)
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Every year, we confirm our material topics with our stakeholders through a survey and regular stakeholder dialogue.
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The material topics resulting from the 2020 materiality assessment are included in the following connectivity table.
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Our markets have faced record-breaking capital outflows1 and recessions as a result of COVID-19, which has reversed some of the progress made in the past two decades towards reducing poverty and inequality.
Read more ›External environment
FMO's decisions affect others and vice versa. We discuss key matters with a diverse set of stakeholders and factor the outcomes into our decision-making, strategy and reporting.
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Our value creation model
Our value creation model is based on the International Integrated Reporting Council's reporting framework.
Read more ›Our value creation model