Applications open for BML Scholarship Fund

Bank of Maldives (BML) has opened applications for its Scholarship Fund, aimed at developing the next generation of Maldivian professionals in the banking and finance sector.

The fully funded scholarship is available to Maldivian students between the ages of 18 and 25 who have successfully completed all A-Level subjects.

Selected students will have the opportunity to pursue an undergraduate degree in Banking and Finance at one of the top 200 universities globally.

Launched in 2022, the BML Scholarship Fund is a key initiative under the bank’s Corporate Social Responsibility program, designed to enhance the expertise and capacity of Maldivians in the financial sector.

To date, nine students have received scholarships through the program and are currently studying at leading institutions in the UK and Australia.

The scholarship covers all tuition fees, monthly living allowance, visa fees, book and establishment allowances, and travel expenses.

BML CEO and Managing Director Mohamed Shareef emphasized the significance of the program in building local talent for sustainable development.

“By helping young Maldivians access world-class higher education, we are investing in the sustainable growth of the banking and finance sector in the country,” he said.

Applications for this year’s scholarship are open until June 10.