Oikocredit publishes its annual report for 2018 along with key financial highlights
Today Oikocredit announced its annual results for 2018. The press release explains how despite changes at the organisation and the prevailing low interest rate environment, Oikocredit has managed to grow its development financing portfolio.
In addition, the press release provides an overview of Oikocredit’s focus sectors of financial inclusion, agriculture and renewable energy, as well as other key financial highlights. You can also read about how the cooperative’s updated strategy aims to significantly improve future results.
Thos Gieskes, Managing Director at Oikocredit, said: “It’s a real achievement that we grew despite the external challenges facing development finance and during this time of transition for Oikocredit. This shows the passion and determination that our staff has to support our partners and more importantly, the clients they serve.’’
For a full overview of Oikocredit’s 2018 financial results, read the annual report.