December 27, 2024: Muthoot Finance, announced that its Sri Lankan subsidiary, Asia Asset Finance PLC (AAF) successfully and profitably completed a decade of operations post its acquisition in 2014, thereby underscoring its position as a global financial services conglomerate through strategic international market expansion.
Marking this landmark occasion, a press conference was held on December 26 at The Muthoot Group Head Office, Kochi. The conference was addressed by George Muthoot George, Deputy Managing Director, Muthoot Finance and V A Prasanth, Chairman, Asia Asset Finance PLC. Other dignitaries included K R Bijimon, Executive Director and COO, Muthoot Finance and Rohith Raj, Head - Corporate Communications, Muthoot Finance.
Muthoot Finance holds 72.92% stake in AAF, which has loan assets under management worth Rs 5705 million.
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