The Chairman of the Maldives Association of Tourism Industry (MATI), Hussain Afeef has described the Bank of Maldives (BML) as a key financial partner for the tourism industry.
Afeef noted that while the Maldives’ tourism industry continues to flourish, financial support is essential for resort development, enhancing productivity, and strengthening operational resilience.
Afeef highlighted BML’s long-standing relationship with the tourism sector and said the bank has consistently supported sustainable tourism development. He stated that BML’s financing has helped the industry expand, introduce new services, and overcome challenges.
The comments come as BML is holding discussions with international investors to expand its funding base. As a leading provider of finance to tourism businesses, BML’s efforts to secure more funding are expected to strengthen its role in the industry further.