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MISSION, VISION AND VALUES

MISSION

The COFIDES mission is to contribute, not only to the internationalisation of both the economy and Spanish companies, but also equally to promote economic and social development of emerging or developing countries, whilst operating within the associated profitability criteria, either through funding companies with private investment projects, involving some degree of Spanish interests, or by supporting management development tools. To fulfil its goal COFIDES can use its own financial resources as well as the funds it manages. The financing can be done through various forms of debt or equity and may be granted directly or indirectly through investment funds

VISION

The company’s vision includes being the de facto public-private funding vehicle of Spain’s Economic and Commercial Administration for direct foreign investment and hence a model for Spanish public-private venture capitalism abroad.

To contribute to the consolidation of growth in the Spanish economy, as well as to foster development in those countries where the private sector invests with the support of COFIDES managed funds.

Meeting these objectives by COFIDES is the cornerstone for the delivery of excellent service, in order to achieve total customer satisfaction.

CORPORATE VALUES

Additionality
COFIDES bases its dealings, in relation to the private financial sector offers, on the principle of additionality. The key undertaking is that their activities can be both justified and maintained over the long term.

Sustainability
COFIDES recognises the inherent risks of the activities in which it is involved, and is committed to managing these risks using the most advanced techniques and tools available.

Responsible Financing
Based around compliance with a series of guiding principles and an established code of ethics that are intended to promote social, environmental and economic sustainability of the investments, whilst at the same time attempting to ensure the long-term economic development of local communities. Estimating the development-generated impact of investment in the host country as well as the effect on its FDI and on the business network in the country are also key elements.

Quality
COFIDES operates within a quality framework, applying a transparent and efficient internal management model.

Transparency
COFIDES is aware of the importance of providing accurate and reliable information about its own market activities, its shareholders as well as society in general, ensuring the demands of confidentiality are securely met in the management of its business.

 

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Last update...2017-12-15