Wind in the sails of FMO

“In the harmonization process, everyone needs to make compromises”, says Sabine Dankbaar, Director of Steward Redqueen

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Ameriabank's green journey  

“One of the biggest challenges was the alignment of our existing green business with the Green Bond principles,” says Gevorg Tarumyan, Deputy CEO, and Chief Financial Officer at Ameriabank

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Combined Independent Auditor’s and Assurance Report

For the combined auditor's and assurance report we refer to the PDF version on this website.

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Corporate information

The 2020 financial statements of Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. (hereafter referred to as ‘FMO’ or ‘the company’) were prepared by the members of the Management Board and signed by all members of the Management

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Consolidated balance sheet

As at 31 December 2020

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Consolidated profit and loss account

For the year ended 31 December 2020

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Consolidated statement of comprehensive income

For the year ended 31 December 2020

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Consolidated statement of changes in shareholders' equity

For the year ended 31 December 2020

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Consolidated statement of cash flows

For the year ended 31 December 2020

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Significant accounting policies

The consolidated annual accounts (the ‘annual accounts’) have been prepared in accordance with International Financial Reporting Standards (‘IFRS’) as endorsed by the European Union and with Part 9 of Book 2 of the Dutch Civil Code for the financial

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