InvestmentCountryInvestment yearSectorInstrumentOwnership shareDomicileCommitted (MNOK)
AriseRegional2016BankingEquity33%Netherlands2857.9
NorFinanceRegional2013BankingEquity50%Norway507.5
AfricInvest FIVERegional2018Non-Bank Financial InstitutionEquity20%Mauritius346.1
EcobankRegional2021BankingLoans 0%Togo340.6
Southeast Asia Commercial Joint Stock BankVietnam2024BankingLoans 0%Vietnam340.6
Banco Promerica GuatemalaGuatemala2016BankingLoans 0%Guatemala333.5
LAADRegional2004Non-Bank Financial InstitutionLoans0%Netherlands Antilles329.2
Yoma Bank LimitedMyanmar2019BankingEquity11%Myanmar295.0
AmretCambodia2013MicrofinanceLoans0%Cambodia283.8
Abler Nordic Fund VGlobal2024MicrofinanceFunds29%Norway283.5
GenesisGuatemala2024MicrofinanceLoans 0%Guatemala229.6
Access BankNigeria2017BankingLoans 0%Nigeria227.1
BANCO INDUSTRIAL EL SALVADOREl Salvador2014BankingLoans 0%El Salvador227.1
City Bank LimitedBangladesh2023BankingLoans0%Bangladesh227.1
Apis Growth Markets Fund III SCSpGlobal2024Fintech fundFunds 5%Luxembourg225.7
CIFI Sustainable FundRegional2023Infrastructure fundFunds 32%Canada216.9
Abler Nordic Fund IVGlobal2018MicrofinanceFunds 18%Norway216.0
Banco Ficohsa HondurasHonduras2012BankingLoans0%Honduras204.4
BAC El SalvadorEl Salvador2023BankingLoans0%El Salvador198.7
Vietnam Prosperity Joint Stock Commercial BankVietnam2023BankingLoans0%Vietnam194.6
ProdubancoEcuador2023BankingLoans0%Ecuador187.3
Mutual Trust Bank LimitedBangladesh2019BankingLoans Equity10%Bangladesh185.3
Banco BDIDominican Republic2022BankingEquity20%Dominican Republic184.3
The Co-operative Bank of KenyaKenya2022BankingLoans0%Kenya181.7
Growth Investment Partners GhanaGhana2024Non-Bank Financial InstitutionEquity 23%Ghana170.9
Banco Promerica El SalvadorEl Salvador2015BankingLoans0%El Salvador170.3
CRDB – AfDB CRPTanzania2022BankingLoans0%Tanzania170.3
Banco AtlantidaHonduras2022BankingLoans0%Honduras152.1
Access Bank GhanaGhana2022BankingLoans 0%Ghana151.4
Banco CuscatlanEl Salvador2022BankingLoans0%El Salvador141.9
Abler Fund IIIGlobal2013MicrofinanceFunds26%Norway139.0
Quona Inclusion Fund IIIGlobal2021FintechFunds5%Cayman Islands136.3
CRDB Bank DRCCongo, Dem Rep Of2022BankingEquity 23%Congo, Dem Rep Of121.3
National Development BankSri Lanka2021BankingEquity10%Sri Lanka120.6
CIFIRegional2004Non-Bank Financial InstitutionEquity34%Panama116.2
Banco BDFNicaragua2017BankingLoans0%Nicaragua113.5
Banco Ficohsa NicaraguaRegional2022BankingLoans0%Nicaragua113.5
FCMBNigeria2019BankingLoans0%Nigeria113.5
I&M groupKenya2024BankingEquity 12%Kenya113.5
Banco Popular HondurasHonduras2024BankingLoans 0%Honduras111.0
Lula LendSouth Africa2021FintechLoans 0%South Africa110.9
LOCFUND NEXTRegional2020MicrofinanceFunds29%Canada106.1
SathapanaCambodia2008BankingLoans0%Cambodia102.2
Banco Promerica Costa RicaCosta Rica2018BankingLoans0%Costa Rica99.3
AwanTunaiIndonesia2024FintechEquity 5-15%Singapore96.9
Evolution CreditSouth Africa2009Non-Bank Financial InstitutionEquity 12%South Africa93.3
Bayport ZambiaZambia2023MicrofinanceLoans0%Zambia92.1
Premier Credit LimitedKenya2024MicrofinanceLoans 0%Kenya91.1
Hattha BankCambodia2007BankingLoans0%Cambodia90.8
Locfund Next (Bridge Loan)Regional2024MicrofinanceLoans 0%Canada90.8
MI BANCOEl Salvador2022BankingLoans0%El Salvador90.8
Integra Partners Fund IIRegional2022Fintech fundFunds10%Singapore87.4
Accion Quona Inclusion FundGlobal2019FintechFunds5%Cayman Islands86.0
FedecreditoEl Salvador2016MicrofinanceLoans0%El Salvador85.2
First National BankGhana2020BankingLoans0%Ghana85.2
Banco Multiple AdemiDominican Republic2023BankingLoans0%Dominican Republic79.9
FinsocialColombia2022MicrofinanceLoans0%Colombia75.6
KREDIT PLUSColombia2023Other financial servicesLoans0%Colombia75.0
DesyfinCosta Rica2011Non-Bank Financial InstitutionLoans Equity 23%Costa Rica70.8
Wave Mobile MoneyRegional2022FintechLoans0%Senegal60.7
Advans MFIMyanmar2015MicrofinanceLoans Equity 40%Myanmar60.5
NorsadRegional2011Non-Bank Financial InstitutionEquity14%Botswana56.8
Funding SocietiesIndonesia2023FintechLoans0%Singapore56.8
Softlogic LifeSri Lanka2020Non-Bank Financial InstitutionLoans 0%Sri Lanka56.8
Bayport MozambiqueMozambique2022MicrofinanceLoans 0%Mozambique52.2
Banco BCTCosta Rica2019BankingLoans 0%Costa Rica47.3
ARRENDRegional2015Non-Bank Financial InstitutionLoans Equity 22%Guatemala42.8
FDLNicaragua2013MicrofinanceLoans Equity 13%Nicaragua41.6
Abler Frontier FundGlobal2008MicrofinanceFunds 45%Norway39.8
Abler Nordic GP IV ASGlobal2024MicrofinanceEquity 20%Norway31.5
OptimaEl Salvador2019MicrofinanceEquity 37%El Salvador30.4
Abler Nordic ASGlobal2008MicrofinanceEquity 33%Norway24.2
Abler Nordic GP IV ASGlobal2018MicrofinanceEquity 20%Norway24.0
Myanmar FinanceMyanmar2015MicrofinanceEquity 25%Myanmar16.7
Abler Global FundGlobal2008MicrofinanceFunds 45%Norway15.9
NMBZZimbabwe2013BankingLoans 0%Zimbabwe12.4
Bina ArthaIndonesia2021MicrofinanceLoans 0%Indonesia10.0
Abler Norwegian ASGlobal2008MicrofinanceEquity 50%Norway10.0