BML-Tennis Association renews partnership

Bank of Maldives (BML) renews partnership with Tennis Association of Maldives (TAM) on May 23, 2023. (Photo/BML)

Bank of Maldives (BML) has renewed its partnership with Tennis Association of Maldives (TAM) – furthering the national bank’s support for the development of sports in the country.

The partnership agreement was executed during a ceremony held on Tuesday. BML’s CEO, Managing Director Karl Stumke signed the agreement on behalf of the bank while TAM’s president Ahmed Hafeez signed on behalf of the association.

Under this agreement, BML will support the National Tennis Championship, aimed at developing young players and recognizing top talent in the sport, for the next three years.

Commenting on the renewal of the partnership, BML’s CEO, Managing Director Stumke said the bank is delighted to continue the partnership with TAM.

“The National Tennis Championship is the longest running tennis tournament in the country, and we are delighted to continue our partnership with TAM to enable young athletes to further develop their talent,” he said.

BML, a proud supporter of the development of sports in the Maldives, is also the official sponsor of the national football teams, official sponsor of all national surf teams and the nationwide partner of Swimming Association of Maldives.

The bank, through its Sports Scholarship Fund, is also supporting seven top national athletes from Athletics, Badminton, Table Tennis and Tennis to train and develop at recognized high performance training centres worldwide.