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BusinessNews

BML Powers Community Change with MVR 1 Million Grant Through Bank Fund 2025

By Ahmed Ashraf Published July 21, 2025

Bank of Maldives (BML) has unveiled the five winning recipients of its annual Bank Fund 2025, committing a total of MVR 1 million to support community-led initiatives aimed at promoting sustainable development and social wellbeing across the country.

Now in its latest edition, the Bank Fund program selects five impactful projects annually, awarding MVR 200,000 to each, with the goal of strengthening local NGOs and advancing equitable, long-term development.

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This year’s grant recipients include:

  • Diabetes Society of Maldives – To establish a dedicated clinic in Hulhumalé that will provide preventive, diagnostic, and management services for diabetes. The facility aims to broaden access to vital healthcare while promoting community-centered disease management.
  • United Islamic Society – To build a state-of-the-art multimedia studio at the Dhaalu Atoll Education Centre. The project is designed to enhance students’ digital literacy and foster continuity in the school’s acclaimed Media Club.
  • Foundation for Eydhafushi Youth Linkage (FEYLI) – To create two integrated laboratories at Baa Atoll Education Centre, offering vocational and creative skills training that help equip students with tools for employability and innovation.
  • Maldivian Nurses Association – To develop sustainable, community-based mental health services in Hulhumalé Phase 2. The initiative will focus on accessible rehabilitation and outreach programs for individuals with severe mental illness.
  • Tiny Hearts of Maldives – To launch a national digital resource hub focused on heart health and physical wellness, providing families and individuals with vital knowledge and support on cardiovascular care.

Commenting on the initiative, BML reaffirmed its commitment to supporting grassroots organizations and empowering local communities. “Through the Bank Fund, we aim to create tangible, positive change in communities across the Maldives, investing in initiatives that promote health, education, innovation, and inclusion,” the bank said in a statement.

As one of the country’s leading financial institutions, BML continues to position itself at the forefront of community development through targeted corporate social responsibility programs. With Bank Fund 2025, the bank underscores its role not just as a financial service provider but as a catalyst for social impact and sustainable growth.

 

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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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