Sponsors & Partners
The EFSE aims to foster economic development and prosperity in the Southeast Europe Region and the European Eastern Neighbourhood Region, through the sustainable provision of additional development finance.
The EFSE is more than just a fund: Its public-private partnership structure represents an international role model for an intelligent and innovative development policy in the 21st century. It not only brings together public and private investors, it also provides a platform for the coordination of donor activities in its target regions. This pooling of resources multiplies the impact of budget funds towards a common goal – to promote responsible financial sector development in Southeast Europe and the European Eastern Neighbourhood Region and ensure micro and small enterprises and low-income private households have sustainable access to financial services.
The EFSE also has a Development Facility endowed with grants to enable technical assistance, consulting and training measures to strengthen financial institutions in the region. It aims to enhance the long-term development impact of the Fund’s investments.
Visit us at www.efse.lu or follow us on @efsefund
The EIB Group: At the forefront of supporting microfinance
The European Investment Bank Group (EIB Group) is a major player in the field of financing and supporting the development of a sustainable and responsible microfinance sector worldwide.
The European Investment Bank (EIB) is the EU bank, owned by the 28 EU Member States. It is the largest multilateral borrower and lender by volume, and provides finance and expertise for sound and sustainable investment projects that contribute to furthering EU policy objectives.
As part of the EIB Group, the mission of the European Investment Fund (EIF) is to facilitate access to finance for European micro-enterprises, SMEs and mid-caps. It develops, promotes and implements equity and debt financing instruments which specifically target the needs of this segment. Whilst the EIB’s activities have a global outreach, EIF focuses on microfinance mainly in EU Member States.
The EIB Institute complements the actions of the EIB Group in the area of microfinance, mainly through grants and sponsorships. The Institute promotes conferences and other initiatives and supports higher education and research enabling the development of microfinance in Europe and beyond.
Jointly, we help create jobs and address local needs by tackling market gaps in the supply of financial services to micro-borrowers.
responsAbility Investments AG is one of the world’s leading asset managers in the field of development investments and offers professionally-managed investment solutions to private, institutional and public investors. The company’s investment vehicles supply debt and equity financing to non-listed firms in emerging and developing economies. Through their inclusive business models, these firms help to meet the basic needs of broad sections of the population and to drive economic development – leading to greater prosperity in the long term.
responsAbility currently has USD 3 billion of assets under management that is invested in over 500 companies in 95 countries. Founded in 2003, the company is headquartered in Zurich and has local offices in Bangkok, Geneva, Hong Kong, Lima, Luxembourg, Mumbai, Nairobi, Oslo and Paris. Its shareholders include a number 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.
*as of 31.12.2015
Symbiotics, incorporated in 2004 in Geneva, is an investment company specialized in emerging, sustainable and inclusive finance which offers market research, investment advisory and asset management services. Its investment process has been elaborated over the years serving more than 28 Microfinance Investment Vehicles and institutional investors with different strategies and guidelines.
Since 2005, Symbiotics has originated debt financing transactions for more than USD 2.4 billion, reaching out to over 275 microfinance institutions (MFIs) and financial institutions in more than 50 emerging economies. In Europe & Central Asia, Symbiotics is currently active in 13 countries, financing more than 35 financial institutions through an outstanding loan portfolio of over USD 235 million.
Symbiotics has offices in Geneva, Zurich, London, Mexico City Singapore and Cape Town and currently employs more than 80 professionals from 15 different countries. The company’s team of investment analysts has visited and analyzed more than 775 microfinance institutions and financial institutions of which over 200 benefit from its investment platform today.
The company has an independent board of directors and a wide shareholder base, ensuring sound corporate governance.
Software Group (SG) is an advanced technology company, global leader in the development and implementation of end-to-end solutions for the financial and retail sector. SG serves a worldwide client base in more than 50 countries with 200+ successfully completed projects. The company is headquartered in Sofia, Bulgaria, with seven other offices spread on five continents: Nairobi, Kenya; Accra, Ghana; Cairo, Egypt; Manila, Philippines; Guadalajara, Mexico; Brisbane, Australia and Trichy, India. SG vision is to accelerate financial inclusion by creating cutting-edge technology solutions. SG team of professionals is committed to the efficient delivery of innovative, flexible, scalable and secure solutions that exceed clients’ expectations and improve their operational efficiency. Software Group prides itself on delivering products and services which adhere to the principles of quality, transparency and affordability.
ASPEKT is a Software Development and IT Consultancy Company, delivering solutions and services for financial industry, with niche focus on microfinance. Identifying cases where MFIs with excellent performance and development had experienced business failures, frauds and other crisis as a lack of adequate, reliable and quality software, influencing MFIs performance and financial stability, ASPEKT utilized it to aggregate benchmarks for microfinance software solution. Deployment of flexible and adaptable software for growth-oriented microfinance institutions, achieving its social mission in a sustainable and efficient way, is the key for a successful growth, through increasing efficiency on business processes, mitigating risks and having high operational and management control. By serving borrowers faster with unified, flexible and scalable solution, ASPEKT assists MFIs into helping vulnerable social categories.
BlueOrchard Finance S.A. is one of the world's leading impact investment managers and is specialized in fostering inclusive finance and sustainable growth. BlueOrchard was founded in 2001 by initiative of the UN as the first commercial manager of microfinance debt investments worldwide. To this day, the company has invested USD 3bn in institutions across 60 emerging and frontier markets, providing access to financial and other services to over 20 million individuals at the bottom of the pyramid. BlueOrchard-managed funds drive attractive double-bottom line returns for private and institutional investors, supranational institutions as well as renowned foundations. BlueOrchard Finance Ltd is a licensed asset manager authorized by the FINMA and its Luxembourg entity is a licensed alternative investment fund manager (AIFM) authorized by CSSF.
Founded in 1998, Communication Progress brings 18 years of experience in the field of Information and Communication Technology (ICT). Positioned as an ICT integrator and software development company, Communication Progress aims to consistently, enable access to the most advanced tech solutions, based on two fundamental principles, quality and support for innovation.
Currently, the company employs 60+ talented professionals and has adopted an effective and viable management organizational approach. Our people and the rich portfolio of services and competencies give us the ability to provide turnkey solutions to businesses and organizations of any type and size.
Some of the largest corporates in Albania, especially in the Banking and Financial sector, have already trusted us critical software development processes and solutions.
For more information on our microfinance solution, please visit: IMPRO Microfinance (MF)
Frankfurt School of Finance & Management (Frankfurt School) is a leading private business school and advisory institute in Germany with more than 50 years of experience in consulting, qualification and training services in all areas of banking and finance. With an impressive portfolio of services – ranging from degree courses to Executive Education Programmes, from research projects to consultancy – Frankfurt School acts as an adviser, a catalyst and an educational partner to companies and organizations, to individuals embarking on new careers, and to experienced executives.
Frankfurt School looks back on more than 20 years of expertise in the field of development finance and combines real world experience with academic excellence. Frankfurt School’s International Advisory Services has successfully implemented more than 500 projects in more than 120 countries, e.g. in Ghana, Nigeria, Senegal, China, Bolivia, India, and many more. IAS Products and Services include development and implementation of customised technical assistance measures to support commercial banks and MFIs in a wide range of areas, such as: product development, strategic management, implementation of international credit lines, change processes
Via the e-learning platform LinkEd, Frankfurt School offers a growing portfolio of development finance online programmes such as certification courses covering the topics of microfinance, microinsurance, SME finance, risk management, and climate & renewable energy finance.
Frankfurt School’s brand new programme is an affordable part time Online Master programme, the ‘Online Master of Leadership in Development Finance’. This low-bandwidth compatible and internationally recognized Programme is targeted specifically at professionals interested in boosting their career in development finance. Students can follow from home a high class programme alongside their full time job and benefit from a tailor made qualification that is customized to push their career in financial institutions such as microfinance institutions, NGOs, SME Banks, and international organizations like World Bank, and many others. Students will not miss the opportunity to network with peers from all around the world either through an interactive discussion forum or through and social media groups.
For more information:
Softgenic Systems is an international company focusing on software development for commercial banks and non-banking financial organizations. Its head office is located in Heidelberg (Germany), with two development centers in Heidelberg and Kyiv (Ukraine).
The company has been operating both in the market of banking automation participating in large-scale multidivisional projects and in the market of products and services for smaller credit and finance organizations since 2006.
Softgenic Systems provides software for automation of complex SME and retail lending processes and collection activities. Company’s flagman software product is Loan Workbench - comprehensive loan origination and portfolio management system.
For more information please visit: www.softgenic.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 active impact investor, managing investment funds in sectors such as Energy & Climate, Inclusive Finance and Sustainable Food & Agriculture, with combined assets of EUR 3.1 billion. Since 1994, its assets under management in inclusive finance have increased to over EUR 750 million, making it one of the leading investors in the industry. The Triodos inclusive finance funds provides finance – both debt and equity - to more than 100 upcoming and well-established financial institutions in 45 countries. They hold equity stakes in 20+ financial institutions and actively contribute to the governance of these institutions.
Triple Jump manages and advises funds that aim to invest responsibly in developing countries. Our focus is on excluded segments of society in these countries, where we improve livelihoods by managing and advising on responsible investment funds. Micro and small & medium sized enterprises are at the centre of our continual development and improvement of an inclusive financial sector.
Business & Finance Consulting (BFC) is an independent firm that makes development banking in emerging markets work through the provision of management consulting, analytics and research expertise. Since its inception in 2003, BFC has successfully implemented over 130 projects in 63 countries throughout Caucasus; Eastern Europe; Balkans; Central, South and South East Asia; MENA and Sub-Saharan Africa.
BFC combines international consulting talent with first-rate local expertise and a passion to meet and exceed the expectations of our clients. Our hardworking team is dedicated to excellence and to making financial markets work, which has been proven by our outstanding track record.
For more information please visit: https://bfconsulting.com/
CoopEst was established in 2006 by renowned social economy investors such as the French cooperative bank Credit Coopératif, together with the IFC (World Bank Group), joined by the European Investment Fund (EIB Group) in 2009. In line with the social commitment of its originators, CoopEst fosters traditional cooperative values of social responsibility, integrity, solidarity and transparency.
The mission of CoopEst is to support the development of socially-rooted financial sectors in Central and Eastern Europe and the Caucasus (CEEC). Our goal is to see cooperative and microfinance institutions grow, innovate and continuously improve services to their clients, while balancing financial performance with positive social impact and respect for the environment.
CoopEst provides subordinated and senior debt to financial intermediaries enabling them to leverage further funding and to expand their outreach. Our company supports a range of partner institutions, covering credit unions and MFIs up to medium sized banks, with total assets between EUR 0.5 million and EUR 3 billion. As of 30 December 2015, CoopEst was financing 35 institutions in 10 countries for a total outstanding amount of EUR 39 M.
Deutsche Bank is a leading client-centric global universal bank serving 28 million clients worldwide. Deutsche Bank provides commercial and investment banking, retail banking, transaction banking and asset and wealth management products and services to corporations, governments, institutional investors, small and medium-sized businesses, and private individuals. Deutsche Bank is Germany’s leading bank, with a strong position in Europe and a significant presence in the Americas and Asia Pacific.