Amundi and the Grameen Crédit Agricole Foundation sign a partnership agreement
Amundi recently invested €7 million with the Grameen Crédit Agricole Foundation through Amundi's "Finance et Solidarité" FPS (Fonds Professionnel Spécialisé - Specialist Business Fund), thus strengthening the links between the Crédit Agricole Group and the Grameen Crédit Agricole Foundation, as well as supporting the Foundation's expansion. Amundi is investing in a partner who is an expert in microfinance so as to cause a social impact on behalf of its unit holders. The Foundation and the fund management team at Amundi will both track the financial and social performance of the microfinance institutions they financed, per international standards. Investors in the "Finance et Solidarité" FPS will be able to monitor the effectiveness and impact of their investment.