BIO is a Development Finance Institution established in 2001 as a public-private partnership between the Belgian Government, represented by the Minister of Development Cooperation, and the Belgian Corporation for International Investment [BMI/SBI], each holding 50 % of the capital. It aims to ...
Read moreBIO is a Development Finance Institution established in 2001 as a public-private partnership between the Belgian Government, represented by the Minister of Development Cooperation, and the Belgian Corporation for International Investment [BMI/SBI], each holding 50 % of the capital. It aims to support private sector expansion in developing and emerging countries to achieve sustainable economic and social prosperity and to alleviate poverty. BIO provides long-term financing (equity, quasi-equity, loans, and guarantees) to SMEs and microfinance institutions directly or through dedicated funds. In addition, it offers grants for feasibility studies and technical assistance programmes. BIO operates as an additional partner to the local financial institutions and looks for projects with a demonstrated balance between financial return and development impact. BIO is a member of EDFI (European Development Finance Institutions).
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