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 Chairman's speech  

 

Dear Patron,

Mini Muthoottu, based at Kozhenchery, Pathanamthitta, was established by Shri M Mathew in 1921. And since inception, the group has always been different - ahead of times, fighting odds, taking on the seemingly high and mighty, and winning, silently and steadily.

From its very humble beginning, with small time financing and chit fund business, the group has seen diversified growth in various private sector undertakings like finance, insurance, entertainment, IT sector, agro plantations etc. And today the group is actively relied upon in the private banking regions throughout Kerala.

Mini Muthoottu has been able to mobilize large amount of deposits from the public, especially the pensioners and the retired hands, over the last five decades. And as an active player in the finance and banking sector Mini Muthoottu also offer loan facilities under various schemes like education, pension, marriage, agriculture etc. The group is one among the pioneers in the state’s mutual funds sector, operating under the strict guidelines of RBI and Dept of Company Law Affairs. Presently, the group has started operations in the insurance sector with the recently acquired agency of Metlife.

With the signs of an imminent IT leap becoming more evident in Kochi, Mini Muthootu is reading itself with space built-up to the international standards, with Tech Tower. This 1,25,000 sq. ft. building at Kaloor, Kochi, holds many a distinction to its credit. Being the first Intelligent Building in South India, the Tallest Building in Kerala, and the Highest Revolving Restaurant in Kerala etc.

Among the future expansions are the multiplexes of various statures at Kottayam and Ernakulam. The features of these multistoried buildings include shopping malls, theatres, capsule lifts and spacious parking areas.

The group also owns Lifeline Retreat, the world-class geriatric home at Kozhencherry. The home is equipped with the latest and state-of-the-art facilities for a comfortable stay. And provide a contented and peaceful dwelling place for the retired citizens.

The corporate image of the present Mini Muthoottu has been the result of meticulous and skillful development. Today with a strong team of highly motivated marketers, administers, and workers, the group has a growing domestic presence in the state’s financial sector.

The total asset base of the group presently amounts to a 100 crore with the major share holdings of this company lying with its close-knit family of promoters. The group has always been able, in many ways, to play pioneering roles and bring about welcome changes in the state’s financial sector.

As the time goes by, and newer developments take place of the old, we still stands strong by our commitment to professionalism, promise of integrity and dedication to service. And look forward towards a brighter future.

Thanks and God bless,

Roy M Mathew,
Chairman