News

BML opens housing grant to support vulnerable families

Bank of Maldives (BML) has launched a Housing Grant as part of the series of high-impact monthly community initiatives to celebrate its 40th anniversary.

Through the initiative, the national bank will build and fully furnish houses for three vulnerable families across the country. BML said the fund is open for non-governmental organisations (NGOs) and island councils to nominate families in need of safe housing anywhere in the country.

Commenting on the initiative, the Chief Executive Officer (CEO) and Managing Director of BML Tim Sawyer said the initiative aims to help the most vulnerable families in communities by providing a safe and healthy environment to live in. BML noted the applications can be emailed by March 31.

The 40th anniversary monthly initiatives announced by BML to date include a scholarship fund, upgrading the National Library, and a startup grant.