Maldives Islamic Bank Signs With HDC To Develop Its Office Building In Hulhumale’

Housing Development Corporation (HDC) and Maldives Islamic Bank (MIB) sign an agreement to develop and operate the new office building of the bank in Hulhumale’. The agreement was signed at the HDC head office between the Managing Director of HDC, Ahmed Athif and the CEO of MIB, Mufaddal Idris Khumri.

Under this agreement, HDC has leased a 7000 square feet plot of land for the Bank in Hulhumale’ Phase 1 which will function as the MIB’s main office once completed. The land plot is located near the vicinity of Hulhumale’ Central Park. HDC states that the development of the office building will aid in strengthening the services available to residents of Hulhumale’.

MIB has even inaugurated a new branch of the bank in Hulhumale’ recently. The new branch offers ATM services for customers with the capability to draw and deposit cash and deposit cheques on a 24hrs basis.