The CEO of Bank of Maldives, Mohamed Shareef, has stated that the primary responsibility of a national bank extends beyond mere profit-making; it encompasses investing in projects that enhance the standard of living and foster the nation’s socio-economic development. Speaking at the foundation stone-laying ceremony for the “Affordable Housing” project in Hulhumalé, he highlighted that this is a visionary initiative launched under the leadership of President Dr. Mohamed Muizzu to provide affordable housing for Maldivian families. The CEO noted that BML’s participation in this project is driven by a sense of national duty, confirming that work has already commenced on a significant number of the 3,260 housing units planned under the scheme. Furthermore, he emphasized that the government’s efforts to ensure housing security would lead to greater financial stability for citizens, ultimately yielding positive impacts for both the bank and the broader economy.
