Maldives Finance Leasing Company

Maldives

This line of credit aims to strengthen development

of the non-bank financial sector in the

Maldives through support to the Maldives

Finance Leasing Company (MFLC). Incorporated

in 2001 as a specialized financial institution,

MFLC is the first leasing company in the

Maldives and has grown steadily since inception.

The company plays an instrumental role in

enhancing access to long-term financing for the

acquisition of capital assets by small and

medium sized businesses and is now seeking to

expand its portfolio of operations. By extending

this line of credit, OFID is supporting Government’s

strategy of deepening the financial sector

and developing a strong and diversified private

sector base.