CEO and Managing Director of Bank of Maldives (BML), Andrew Healy has emphasised that the bank is keeping its promise to re-invest its earnings to support Maldivian individuals, families and businesses across the country.
Addressing shareholders at the Annual General Meeting of Bank of Maldives (BML), CEO and Managing Director of BML, Andrew Healy stated that the bank had invested MVR 150 million during each of the past two years and that local communities had benefited through new branches, ATMs, new digital internet and mobile-based technology and through a range of community donations and collaboration projects.
Furthermore, he advised that the bank is on track to invest a further MVR 300 million across 22 different islands this year and to create 150 new jobs in the process. Describing 2016 as a proud year for the bank, Andrew assured they are robust financially.
"We are robust financially and we are putting our earnings back into the communities we serve. More and more people now have access to high quality banking services, be this through a local branch, ATM or agent, or indeed through our comprehensive digital offerings. So far this year we have opened 3 new branches and 12 Self Service ATM Centres, while we have also upgraded our internet and mobile services so that people can bank on the move. Under our Aharenge Bank initiative, we have extended support to 30 different community organizations through donations and collaboration projects. We are lending more than ever to help people get a home or to set up a business. We have created over 100 additional jobs in our Bank so far this year and I expect this number to increase to 150 by year end. We are in every atoll, on every island, in almost every home. Just like the national football team who now display our brand, we will continue to work hard to make the people of this country proud," Andrew Healy told the shareholders at the Annual General Meeting of BML.
During his address, Andrew Healy paid tribute to the contributions of outgoing chairperson Fareeha Shareef and board members Murthala Mohamed Didi and Mohamed Umar. He also recognized the hard work of the Bank's staff.
BML has 34 branches across all 20 atolls, 29 Self Service Centres, 88 ATMs, 4 thousand Point of Sale merchants, 205 agents and a full suite of Digital Banking services. BML assures their commitment to supporting individuals, businesses and communities across Maldives.