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Protect the Environment with Every Swipe – BML Rolls Out First-Ever ENV POS

Bank of Maldives has introduced ENV POS, a scheme under which a share of its earnings from every card transaction at its POS terminals will fund environmental projects, launching on 1 July 2025 at no extra cost to customers or merchants. The bank expects to contribute approximately MVR 5.5 million annually based on current transaction volumes, with funds channeled through NGO partnerships toward recycling, reforestation and waste management; the Ministry of Tourism and Environment has endorsed the launch.

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What are the key figures?

Sources 1carried it 1 of 19 news outlets we monitor
Figures4as written, with their sentences

One outlet so far Only The Standard 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. Tue 1 Jul
    ENV POS is set to launch, allocating a portion of BML's revenue from each tap or swipe of a BML-issued card to environmental projects. 1 July 2025 only The Standard Set to launch on 1 July 2025, ENV POS will allocate a portion of BML's revenue from each tap or swipe of a BML-issued card to environmental projects protecting the Maldives' islands, oceans, and ecosystems.

    Word for word from the report in The Standard. Open the report

Who said what

the reports' own quoted words, each once

How the reporting differs

one source so far
The StandardNews outlet

Protect the Environment with Every Swipe – BML Rolls Out First-Ever ENV POS

approximately MVR 5.5 million expected annual contribution to environmental initiatives

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
  • approximately MVR 5.5 million expected annual contribution to environmental initiatives The Standard Based on current transaction volumes, the bank expects to contribute approximately MVR 5.5 million annually, with contributions increasing in tandem with growing usage.

    Word for word from the report in The Standard. Open the report

  • over 365,000 customers served by BML The Standard As the country's largest bank—serving over 365,000 customers across 39 branches, 165 ATMs, and extensive digital channels

    Word for word from the report in The Standard. Open the report

  • 39 branches BML branches The Standard serving over 365,000 customers across 39 branches, 165 ATMs, and extensive digital channels

    Word for word from the report in The Standard. Open the report

  • 165 ATMs BML ATMs The Standard serving over 365,000 customers across 39 branches, 165 ATMs, and extensive digital channels

    Word for word from the report in The Standard. Open the report

Subjects

sectors and approved topics, alphabetical

Named in these reports

alphabetical