Annual and interim reports

Sector focus SDGs

By financing businesses across the entire agri-food chain we contribute to SDG 2, Zero Hunger. The world will need to increase agricultural production by 50% to meet the nutritional needs of a growing global population.

ESG risk management

FMO categorizes the E&S risk profile of its customers as follows: A & B+ (high risk), B (medium risk) and C (low risk) for direct investments and ID-A (high risk), ID-B (medium risk) and ID-C (low risk) for indirect exposure through debt and PE

Deeper relationships

FMO attaches strategic importance to deepening relationships with our stakeholders, because by pooling resources and partnering with others we can invest more in our customers and through their activities increase impact.

Higher productivity

During the COVID-19 pandemic, FMO has demonstrated it is resilient and can carry out its mission in a robust, effective and efficient way.

Financial performance

At the end of 2021, we reported a net profit of €491 million. This is a significant improvement compared to the end of 2020 when we reported a loss of €205 million as a result of unfavorable global market conditions, following the COVID-19 pandemic.

2022 Outlook

Despite the uncertainties, we have set bold ambitions for the coming year.

Economic outlook

The IMF expects global growth to decelerate from 5.9% in 2021 to 4.4% respectively in 2022.1 Advanced economies are projected to return to pre-pandemic output levels by 2023.

Priorities in 2022

In line with our strategy, our priorities in 2022 will be towards building back business, adapting to regulatory changes and accelerating organizational development.

In control statement

FMO has internal risk management and control systems that enable us to take risks and control them and that are based on international best practices.

A selection of our investments

We continued to invest in our focus markets through utilizing FMO's own capital, public programs and mobilized funds. Through these investments, we contribute towards the SDGs.

Read more ›A selection of our investments