About us…

History and Background

2012: Launched operations as Myanmar Finance Co Ltd (“MFCL”) with 1 branch in Yangon region and Bago region each
2014: Opened 2 more branches in Yangon region and 1 more branch in Bago region
Myanmar Investments International Limited (“MIL”) signed JV Agreement with MFCL to create Myanmar Finance International Limited (“MFIL”)
2015: Built up a team of over 100 staffs and implemented automated back-office systems (Kredits for loans tracking and SAP for accounting)
Norfund acquired 25% of MFIL in new shares; MIL and MFCL shareholdings diluted down to 37.5% each

  Our Shareholders

• Myanmar Finance Co., Ltd, local company founded in 2012 with 4 Myanmar nationals

• Myanmar Investments International Limited, Myanmar-focused investment company founded in 2013 and listed on the London Stock Exchange with offices in Yangon and Singapore

• Nor fund, established by the Norwegian Parliament in 1997, Norwegian government’s main instrument for combatting poverty through private sector development in developing countries

   Ethics & Business Principles

• Adhere to the highest standards of transparency, integrity and ethics
• Adopted and comply with

• • • Norfund’s Business Integrity Policy
    • Norfund’s Exclusion List
    • Anti-Money Laundering and Combating Financing of Terrorism (AML/CFT) Measures, with reference to Financial Action Task Force standards

Vision

To be a leading and trustworthy financial institution in Myanmar providing value adding financial services to micro, small and medium size clients

 

Mission

To operate a commercial microfinance company in Myanmar that

• To provide reliable and inclusive financial services

• To create transparent and innovative environment

• To achieve mutual sustainability in all responsible way

• To improve standard of living of economically active households (and individuals)

• To provide best service to clients and ensure their protection

• To fulfill all responsibilities and obligations to all stakeholders