Charks Investments, Ltd.

As an indigenous company, with a broad based vision, Charks Investments Limited (CIL), started out a small company owned by individual investors, who have blazed the trails in their respective fields of endeavour. In few years of existence, CIL has been able to hold her own in the Lease Industry in Nigeria, boasting a sizeable market share and a client portfolio that spans all the major sectors of the economy. In the year 2007, the company became a subsidiary of Mutual Benefits Assurance PLC, one of the largest and most profitable composite Insurance companies in Nigeria, following the latter’s institutional investment. With this landmark achievement, the company was able to re-focus and expand her product offerings to include Equipment Support Services, Transport & Logistics and Fleet Management, in addition to the initial Consumer & Corporate Lease Products. In the succeeding years, CIL had been able to consistently increase her investment and achieve a stable portfolio of Finance and Operating Lease businesses running into several Billions of Naira. CIL offers tailor-made product solutions that are very flexible and value additive. The products are classified broadly under Finance and Operating Leases and are targeted at Individuals, Groups like Workers’ Unions, Credit & Thrift Societies, Associations & Clubs, Professional Bodies, and Corporate Institutions in the Private and Public sectors of the economy.