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40th Anniversary

We will be celebrating our 40th Anniversary in November 2022. In the lead up to the day, we will be carrying out a major initiative each month as a way of supporting and appreciating our customers, communities and colleagues. 

first initiative

BML Scholarship Fund

We will be providing fully funded international scholarships for three students in the area of Banking and Finance. The BML Scholarship Fund is aimed at developing talented young Maldivians in the field and will be an annual fund open to all.

The application process and eligibility criteria for BML Scholarship Fund will be published soon.


second initiative

Project to upgrade the National Library

We will be refurbishing and upgrading the National Library as part of the series of 12 high impact monthly community initiatives to celebrate the Bank’s 40th anniversary.

Under the project, we will revamp the entire library including the main reading area, Kiyavathi discussion room, silent reading and research room as well as the Makers Space and the National Collection room. Existing facilities will be upgraded with new computer systems, audio and video booth for digitization and for the first time, a security system will be installed at the facility.

third initiative

BML Startup Grant Fund

The BML Startup Grant is a program for emerging entrepreneurs to win a grant funding to start or grow a business in the Maldives. Four winning businesses will be awarded MVR500,000 each. Bank of Maldives will provide mentoring support for the winners to successfully implement their plans.

Fourth initiative

Housing Grant

The Housing Grant aims to build a fully furnished 3 bedroom houses for three vulnerable families across the Maldives. The grant is open for applications from NGOs and councils to nominate families in need of safe housing anywhere in the country.

Fifth initiative

BML Small Grant

Bank of Maldives will be supporting Non-Governmental Organizations (NGOs) on projects that are aimed towards sustainability, climate change mitigation and adaptation.

8 NGOs will be granted MVR 250,000 each. 

Have an idea that would benefit our community?

We are happy to welcome ideas and identify areas of investment that can benefit our communities. Submit your idea via email to [email protected]