BML launches Bank Fund to support community initiatives
NewsAhmed Shurau
Bank of Maldives has today announced ‘Bank Fund’ to empower NGOs to contribute to their communities through sustainable projects.
The ‘Bank Fund’ invites proposals for ideas that promote sustainability and provide a social opportunity. Every year, five projects in the areas of education, environment, sports and community development will be selected to receive MVR 200,000 each.
BML’s CEO and Managing Director Karl Stumke commented “As an integral part of being a sustainable and responsible business, we invest back into the communities we serve by supporting community initiatives. One significant program was the Community Fund which had provided support to a total of 100 community-led projects since 2019. The Bank Fund we launched today is a revamped initiative to provide our community organizations with even better opportunities.”
‘Bank Fund’ is opened for locally registered NGOs, charity organisations and clubs.
The application form and proposal should be emailedto before 11:00 pm on 10th June 2024.
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