Members
Meet our members
HQ office : Madrid, Spain
ADDRESS : C/ Paseo de la Castellana, 278,
28046 Madrid
WEBSITE : http://www.cofides.es
COFIDESSpain
Compañía Española de Financiación del Desarrollo
COFIDES – the Spanish Development Finance Institution – was founded in 1988 and joined EDFI in 1992. COFIDES is a Limited Liability Company (S.A.), owned by the Spanish government (53%) through different public institutions and the four largest Spanish commercial banking groups (47%). COFIDES is under the aegis of the Ministry of Economy and Competitiveness. The aim for COFIDES is to drive forward profitable business that contributes both to host country development and the internationalisation of Spanish enterprises and the Spanish economy. Ties to Spanish interests are required.
Member's websiteRegion
Sector
Key Figures
Key numbers (end of 2017)
Investments
€165 million
in new annual commitments to 39 projects
€881 million
in total portfolio of 245 projects
€88 million
in investment funds
Other Fund Management
COFIDES manages two Spanish Government trust funds to support Spanish investments abroad, the Fund for SME Foreign Investment Operations (FONPYME) and the Fund for Foreign Investment (FIEX).
Financial Instruments
44%
equity and quasi equity
56%
loans
Investment focus
COFIDES can invest in any developing or emerging country, regardless of its per capita income.
COFIDES can back projects in all productive industries, except real estate and defense sectors and other activities excluded by environmental and social policy.
Staff
80
employees