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BusinessNews

BML’s 2025 Scholarship Fund is open! “This is a long-term investment in the nation” says CEO Shareef

By Ahmed Ashraf Published May 11, 2025

The Bank of Maldives (BML) has officially opened applications for its 2025 Scholarship Fund, a fully funded international program designed to develop the next generation of Maldivian professionals in banking and finance.

Launched as part of BML’s 40th anniversary community initiatives in 2022, the scholarship offers comprehensive financial support for three outstanding Maldivian students each year. Recipients will have the opportunity to pursue undergraduate degrees in fields such as accounting, financial technology, financial engineering, risk management, or financial reporting and analytics at top 200 universities worldwide.

The scholarship covers tuition fees, monthly stipends, visa fees, book and establishment allowances, and air tickets. Eligible applicants must be Maldivian citizens aged between 18 and 25 who have passed A Level examinations in all subjects. Applications are open until June 10, 2025.

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BML’s CEO and Managing Director, Mohamed Shareef, emphasized the program’s role in building a skilled workforce: “The BML Scholarship Fund plays a vital role in building a strong pipeline of skilled professionals for the financial sector. By supporting young Maldivians to access world-class education, we are investing in the long-term growth and sustainability of banking and finance in the Maldives.”

Since its inception, the BML Scholarship Fund has supported nine students currently studying at leading institutions in the UK and Australia. Interested candidates can find more information and apply through the Bank’s official website: https://www.bankofmaldives.com.mv/bml-scholarship-fund

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“The Standard Maldives” is your premier source for the latest news, insights, and stories from the Maldives. With a commitment to accuracy and independence, we bring you comprehensive coverage of local developments, regional events, and global perspectives that impact our island nation. From breaking news to in-depth analyses, we aim to inform, inspire, and engage. Proudly carrying the tagline, ‘The World’s Window on Maldives,’ we connect the Maldives to the world and the world to the Maldives. Stay informed, stay connected.”

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