Bank of Maldives Wednesday launched ‘BML Scholarship Fund’ as the first of series of 12 high impact monthly community initiatives to celebrate leading up to the Bank’s 40th anniversary in November 2022.
The newly launched scholarship fund will provide fully funded international scholarships for three students in the area of Banking and Finance. The Fund, aimed at developing talented young Maldivians in the field, will be an annual fund, open to all.
BML’s CEO and Managing Director Tim Sawyer said the bank will be celebrating its 40th anniversary next year, and that the bank would carry out major initiatives every month in the lead up to the day. The firsst such initiative is the launch of the BML Scholarship Fund, he said.
“As we continue our celebrations, we are happy to welcome ideas from the public to identify areas of investment that can benefit our communities. We intend to include some important environmental initiatives such as a massive tree planting campaign to support the COP discussions,” Sawyer said.
The application process and eligibility criteria for BML Scholarship Fund will be published on the Bank's website at a later date.
