Bank of Maldives is notably generous when it comes to investing in projects that are for the greater good of the community. From their Community Fund projects to sponsorships in various capacities in support of individuals, businesses and communities across Maldives, the Bank has made its mark as a people’s bank.
This time, the Bank has announced to fund a city bike rental project in Hulhumale, in collaboration with Housing Development Corporation. The operation will be supported by BML and carried out by HDC.
The project will create opportunities for the general public to rent a bike for a ride around the island at a minimal price. A total of 300 bikes will be introduced under the project in Hulhumale. Multiple docking stations will be available in strategic locations to provide adequate parking spaces for the bikes, and the rental system will be equipped with digital payment capabilities.
Commenting on the project, Bank of Maldives CEO and Managing Director, said “We look forward to implementing this project which will be the first of its kind bike rental program available for residents and visitors in Hulhumale’. In addition to being a clean and environmentally friendly means of transport, bicycles are a part of living a healthy lifestyle. It’s also fitting that we are announcing this on World Bicycle Day this year.”