Organizations

Organizations

Compañía Española de Financiación del Desarrollo - COFIDES

Compañía Española de Financiación del Desarrollo - COFIDES

La Compañía Española de Financiación del Desarrollo, COFIDES, S.A., is a state- and private-owned company founded in 1988 that provides cost-effective medium and long term financial support for viable private direct investment projects in foreign countries where there is a Spanish interest.
The ultimate aim is to conduct a profitable business that contributes both to host country development and the internationalization of Spanish enterprise and the Spanish economy.
The resources at COFIDES’ disposal to meet this dual objective include its own shareholders’ equity, to back direct investment project located in emerging or developing countries, and the resources of the State-owned Fund for Foreign Investment (FIEX) and Fund for SME Foreign Investment Operations (FONPYME), managed by COFIDES, which enables the Company to financially support direct investment projects in any foreign country. COFIDES total financing capacity exceeds 1,400 million euros.

Credit Risk & Scoring