Glossary

According to the EU, a medium-sized enterprise is defined as an enterprise that employs fewer than 250 people and whose annual turnover does not exceed EUR 50 million or whose annual balance sheet total does not exceed EUR 43 million.

Shares class that is subordinate to the A shares and notes but ranks above junior shares

According to the EU, a microenterprise is defined as an enterprise that employs fewer than 10 people and whose annual turnover and/or annual balance sheet total does not exceed EUR 2 million.

Organization that offers financial services to low-income populations. Almost all of these offer microcredit and only take back small amounts of savings from their own borrowers (if allowed by law), not from the general public. Within the microfinance industry, the term microfinance institution has come to refer to a wide range of organizations dedicated to providing these services: NGOs, credit unions, cooperatives, private commercial banks and non-bank financial institutions (some that have transformed from NGOs into regulated institutions), and parts of state-owned banks, for example.

All Middle Eastern and Maghreb countries

Financing provided to promote investments in Micro, Small and Medium Enterprise (MSME). For Finance in Motion this means providing dedicated long-term debt facilities to financial institutions in various currencies.