The Mauritius Leasing Company Limited (ML), the only leasing company listed on the Stock Exchange of Mauritius, provides leases for equipment, machinery, plant, motor vehicles, tools, and other assets to industrial, agricultural, commercial, service sectors, the self-employed, professionals and individuals.
Since its creation, Mauritius Leasing has led the field in Mauritius and developed a strong reputation as an innovative, efficient and competitive company that focuses on delivering quality service to its clients.
1987
The company incorporated as a joint venture between the Government of Mauritius and the local private sector, becoming the first company offering leasing facilities to businesses.
1990
ML became the first leasing company to issue debenture stocks on the Stock Exchange of Mauritius.
1995
Bank of Mauritius issued a licence in 1995 authorising ML to conduct deposit-taking business.
1997
A new chapter unfolded in the history of ML when 75% of the company was acquired by British American Insurance Co. (Mtius) Ltd.
2003
ML pioneered the introduction of the pre-approved leasing scheme, which received many accolades and confirmed the company's status as market leader. In December of the same year, ML offered 75, 000,000 ordinary shares for sale to the public. This decision was made by the Board of Directors to fulfill the company's future financial and operational aspirations, in particular to consolidate its capital structure, repay outstanding debentures, widen the shareholder base and increase overall competitiveness.
2004
In January, the offer was oversubscribed and a month later Mauritius Leasing shares were successfully listed on the Stock Exchange of Mauritius - making it the first publicly listed leasing company in the country.
SERVING YOU
The new Customer Service Centre with a professionally trained team can now service our clients in a modern, friendly environment.
CLOSER TO YOU
We created a new Call Centre with a tollfree hotline (800 1010) for our clients to have direct access to information and services.
INFORMING YOU To provide our clients with their account information on demand, we have upgraded to "Flex Cube", the world reowned banking software.
MEETING YOU By trebling our team of leasing specialists we can meet our exixting and potential clients wherever is most conveneint for them.
