Myanmar Finance International Limited
Asia
Region
6.6
Investment (MNOK)
Exit
Status
Myanmar Finance International Limited (MFIL) provides microfinance products to local communities in Yangon and Bago. It was formed in 2014 as a joint venture between Myanmar Investments Limited and Myanmar Finance Company Limited MFIL currently has 8 branches; five in Yangon, three in Bago. MFIL has the ambition to become a successful micro, small enterprises MSMEs Bank. Norfund is the third largest shareholder of the company owning 25% of total share outstanding.
Key information
- Sector:
- Financial Inclusion
- Investment (MNOK):
- 6.6
- Year:
- 2015
- Region:
- Asia
- Country:
- Myanmar
- Domicile:
- Myanmar
- Instrument:
- Equity
- Status:
- Exit
- Mandate:
- Development