DEG at a glance: Business year 2021
DEG can report a successful financial year in 2021. Despite the ongoing coronavirus pandemic, we were finally able again to commit more funds than the previous year – some EUR 1.5 billion, compared with EUR 1.4 billion in 2020 – to finance private investments in developing and emerging countries. We also mobilised EUR 507 million from other capital providers, over 30% more than in 2020. The DEG portfolio grew to EUR 9.2 billion.
At EUR 737 million, financing for small and medium-sized enterprises again accounted for around half of DEG’s new business. In this way, we helped improve the shortage of long-term financing for such companies in many developing countries.
In addition to providing financing from its own funds, we offer advisory services and promotional programmes. For instance, we facilitate Business Support Services that boost the development impact of co-financed investments, as well as feasibility studies and pilot projects. In 2021, via our advisory and promotional programmes, DEG committed EUR 62 million for 179 projects, a high proportion of which again related to Covid-19 Response measures in health and prevention.