Supporters

The public-private partnership structure of the European Fund for Southeast Europe enables the realisation of goals that neither of the two parties, public and private investors, alone would be able to achieve!

EFSE has set the standard with a prime example of the intelligent use of public budget funds available for development purposes. By using funds from public investors, such as from donor agencies, as risk-cushion, EFSE’s innovative investment structure facilitates attracting private capital, in particular from private investors that would otherwise neither invest in the fund’s target region nor for the benefit of the target group. Thus, EFSE leverages the impact of scarce budget funds and at the same time opens the gateway for private capital investments to the countries in Southeast Europe, including the European Eastern Neighbourhood Region.

At a glance – Supporters

Public investors

European Investment Fund as Trustee of the European Commission
German Federal Ministry for Economic Cooperation and Development (BMZ)
Swiss Agency for Development and Cooperation (SDC)
Austrian Development Agency (ADA)
Danish International Development Agency (DANIDA)
Government of the Republic of Albania
Small and Medium Business Credit Support CJSC (subsidiary of the Central Bank of Armenia)

International financial institutions

IFC European Bank for Reconstruction and Development (EBRD)
KfW
Netherlands Development Finance Company (FMO)
Oesterreichische Entwicklungsbank (OeEB)
European Investment Bank (EIB)

Private investors

Sal. Oppenheim
Deutsche Bank
BN&P Good Growth Fund
NORD/LB HORIZONT
ESPA VINIS Microfinance
The Waterloo Foundation
Finance in Motion
Other private investors

Status: 30 September 2010

At a glance - Key figures

Funding

EUR 768 million of total commitments from donor agencies, international financial institutions and private investors
Public capital EUR 274 million (36%)
Private capital EUR 494 million (64%)

Status: 30 Sep 2011

Words from our Donors & Investors

Stefan Füle,
European Commission

The EFSE: a vital component of the growth strategy for Southeast Europe and further EU integration
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Dirk Niebel,
German Federal Minister for Economic Cooperation and Development

Building momentum in development finance
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Dr. Norbert Kloppenburg,
Member of the Executive Board of KfW Bankengruppe

Building momentum in development finance
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