News from AccessHolding Head Office
New Shareholders Entry Announcement
Berlin, 19 December 2014
In the fourth quarter of 2014, responsAbility Investments AG (responsAbility) and Triodos Investment Management BV (Triodos) joined Access Microfinance Holding AG (AccessHolding) as shareholders to support further expansion of the Access Network in the developing and transition economies around the world. These new investments will be used to reach out to more micro, small and medium-sized entrepreneurs, finance their businesses through loans and help them benefit from other financial products and services.
The network of microfinance institutions managed by AccessHolding, also known as the AccessGroup, has grown from two member banks in 2006 to nine MFIs at the end of 2014, with the aggregate assets of EUR 1.5 billion, EUR 1.1 billion in loans and an outreach exceeding 1 million clients. Further members will be added to the Group successively in 2015 and the coming years.
Thomas Engelhardt, Chairman of the AccessHolding Management Board, commented on the occasion: “It has been a great pleasure to witness the growth of our network throughout these years… our advanced business technologies, innovative products and services, outstanding professional qualities of the employees, who are bound by a unique team spirit around a single mission, were among key factors allowing this tremendous success. We are happy to welcome our long-standing partners, responsAbility and Triodos, as new shareholders of the Holding and looking forward to more successes together as we enter new markets and serve ever more clients in need of financial services.”
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 are 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
About Triodos Investment Management
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 more information please visit their website www.triodos.com