Banks operating in Maldives to start with study loans as per the submitted bill
Sunday, July 5th, 2009Kulhudhuffushi Member of Parliament (MP) submits a bill to the parliament on enforcing the banks to give study loans of at least MRF15 million annually, collectively MRF90 million per year from 6 banks operating in Maldives. According to the draft, loans range from MRF57,000 to MRF500,000 and repayment starts 6 months after completion of studies, [...]