Credo Bank is a multilateral financial institution whose owner is a consortium of social impact investors. The consortium members are:
Access Credo GmbH was set up to unite the investments of a several public and private investors in Credo Bank.
The investors are British International Investment (BII), the European Investment Bank (EIB), the International Finance Corporation (IFC), KfW Development Bank, LFS Advisory GmbH (LFS), Omidyar-Tufts Active Citizen Trust (OT-ACT), and two funds each managed by ResponsAbility and Triodos Investment Management.
Further information is available at www.accessholding.com
responsAbility Investments AG is one of the world’s leading independent asset managers specializing in development-related sectors of emerging economies. They comprise the areas of finance, agriculture, energy, healthcare and education. responsAbility provides debt and equity financing to non-listed companies with business models that target the lower-income section of the population and can thus drive economic growth and social progress. responsAbility offers professionally-managed investment solutions to both institutional and private investors.
Founded in 2003, responsAbility currently has USD 2.2 billion of assets under management, which is invested in 500 companies in 90 countries. responsAbility is headquartered in Zurich and has local offices in Paris, Lima, Mumbai and Nairobi. Its shareholders include a broad range of reputable institutions in the Swiss financial market as well as its own employees. responsAbility is registered with the Swiss Financial Market Supervisory Authority FINMA.
Further information is available at www.responsAbility.com
Triodos Investment Management is a wholly owned subsidiary of Triodos Bank, one of the world’s leading sustainable banks. Triodos Investment Management is a globally recognised leader in impact investing, managing investment funds in different sustainability themes ranging from renewable energy to sustainable real estate and inclusive finance in emerging markets, with combined assets of EUR 2.5 billion at year-end 2013.
Since 1994, its assets under management in inclusive finance have increased to over EUR 550 million, making it one of the leading investors in the industry.
Through specialised funds Triodos Investment Management provides finance – both debt and equity - to 112 upcoming and well-established financial institutions in 44 countries. They hold equity stakes in 22 financial institutions; senior staff of Triodos Bank join the Board of Directors and actively contribute to the governance of these institutions.
For further information: www.triodos-im.com
Proparco is the private sector financing arm of Agence Française de Développement Group (AFD Group). It has been promoting sustainable economic, social and environmental development for over 40 years. Proparco provides funding and support to both businesses and financial institutions in Africa, Asia, Latin America and the Middle-East. Its action focuses on the key development sectors: infrastructure, mainly for renewable energies, agribusiness, financial institutions, health and education.
Its operations aim to strengthen the contribution of private players to the achievement of the Sustainable Development Goals (SDGs) adopted by the international community in 2015. To this end, Proparco finances companies whose activity contributes to creating jobs and decent incomes, providing essential goods and services and combating climate change. For a World in Common.
For further information: www.proparco.fr and @Proparco
