The Bank of Maldives (BML) has introduced Green Resort Financing, a new funding facility aimed at supporting resorts in adopting sustainable business practices.

The facility was launched today during the Maldives Association of Tourism Industry (MATI) Annual General Meeting, with Chairman of Crown and Champa Resorts, Hussain Afeef, and BML CEO & Managing Director, Mohamed Shareef leading the event.

The Green Resort Financing facility is designed to help resorts implement environmentally friendly initiatives such as coastal protection, energy-efficient equipment, reforestation, and waste management.

Key features include:

  • Overdraft facility of up to MVR 50 million
  • Competitive interest rate of 6.5 percent per annum
  • Flexible repayments through card collections

Speaking at the launch, BML CEO Mohamed Shareef reaffirmed the bank’s commitment to supporting the tourism sector. He stated that as the largest and leading bank in the country, BML is here to support our tourism industry with tailored banking and payment solutions.

“The Green Resort Finance facility is designed to provide resorts with the financial flexibility needed to implement sustainable solutions while ensuring operational efficiency,” he said.

Corporate customers seeking more details about Green Resort Financing can contact their dedicated Relationship Manager for further information.