Mohamed Shareef, the CEO of Bank of Maldives (BML), has stated that the core responsibility of a national bank extends beyond mere financial profitability to include enhancing the quality of life for citizens and investing in social development. Speaking at the foundation stone-laying ceremony for 182 housing units in Hulhumalé, Shareef highlighted that supporting the government’s policies to alleviate housing challenges is a vital role of the bank. This project is expected to revitalize the construction sector and ensure affordable housing for numerous families. He further noted that BML aims to develop a total of 3,260 apartments in the Male’ area under this initiative, with the current 182 units scheduled for completion by 2028.
