Bank of Maldives has introduced its Guest House Financing product to Haa Alifu Atoll at a ceremony held today in Filladhoo.
Speaking at the ceremony held this afternoon, Bank of Maldives CEO and Managing Director Mohamed Shareef stated that the launch of Guest House Financing in Haa Alifu Atoll reflects the Bank's ongoing commitment to fostering economic growth and empowering local businesses.
The ceremony was also attended by the Minister of Tourism and Environment, the Minister of Economic Development as well as the Bank’s Chairperson and Chief Business Officer.
Bank of Maldives recently enhanced its Guest House Financing product to improve access to finance. As part of the changes, the proposed guest house can now be mortgaged or used as sole security for financing.
With an extensive network comprising 39 branches across all 20 atolls, 107 Self Service Banking Centres, 165 ATMs, comprehensive Agent Banking Services, and advanced Digital Banking solutions. The Bank continues to demonstrate its commitment to supporting communities nationwide through innovative banking solutions and expanded service accessibility.
