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April 24, 2026 Read more about Authorization of the special purpose financial statements .
Contact details Should you have any feedback or questions, please feel free to contact us. Read more about Colophon .
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In 2025, MASSIF continued to deliver on its mandate as a catalytic investor in inclusive and sustainable financial systems. Read more about Highlights .
MASSIF is the financial inclusion fund that FMO manages on behalf of the Dutch government. Read more about Home - 2025 .
Read more about Independent auditor’s report .
The year 2025 began in a climate of global uncertainty, a defining feature that persisted throughout the year. Conflicts intensified, geopolitical tensions rose, and global alliances continued to shift. Read more about Letter from the Management Board .
Read more about List of abbreviations .