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BML Launches ‘Bank Fund’ to Promote Community Projects

The Bank of Maldives (BML) announced the launch of its 'Bank Fund', an initiative to fund sustainable community projects run by civil society organisations. Each year the fund will select five projects in education, environment, sports and community development, each awarded a grant of MVR 200,000, with applications open until 11:00 p.m. on 10 June 2024.

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What are the key figures?

Sources 1carried it 1 of 19 news outlets we monitor
Figures2as written, with their sentences

One outlet so far Only Maldives Republic has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.

What happened

in order; days are read from the reports' words and dates
  1. Mon 10 Jun 23:00
    BML set the deadline for applications and proposals for the Bank Fund. 11:00 p.m. on 10 June 2024 only Maldives Republic The bank encourages interested parties to submit their application forms and proposals before the deadline of 11:00 p.m. on 10 June 2024.

    Word for word from the report in Maldives Republic. Open the report

Who said what

the reports' own quoted words, each once
  • As an integral part of being a sustainable and responsible business, we invest back into the communities we serve by supporting community initiatives. One significant programme was the Community Fund which had provided support to a total o…

    Karl Stumke, BML’s CEO and Managing Director Maldives Republic Open the report (Maldives Republic)

How the reporting differs

one source so far

Nothing to compare yet. If another monitored source reports it, its headline appears beside this one.

Figures in these reports

as written, with the sentence they come from
  • MVR 200,000 grant per selected project Maldives Republic Each year, the fund will select five innovative projects in education, environment, sports, and community development, each of which will be awarded a grant of MVR 200,000.

    Word for word from the report in Maldives Republic. Open the report

  • 100 projects community-led projects supported by the earlier Community Fund Maldives Republic One significant programme was the Community Fund which had provided support to a total of 100 community-led projects since 2019.

    Word for word from the report in Maldives Republic. Open the report

Other events named

no clear day, as worded
  • The Bank of Maldives (BML) announced the launch of its 'Bank Fund' initiative supporting civil society organisations' community projects. Maldives Republic The Bank of Maldives (BML) has announced the launch of its ‘Bank Fund’, an initiative that empowers civil society organisations to make a difference in their communities through the implementation of sustainable projects.

    Word for word from the report in Maldives Republic. Open the report

Subjects

sectors and approved topics, alphabetical

Named in these reports

alphabetical