MIB Signs Agreement with HDC for the Development of an Office Building

Maldives Islamic Bank (MIB) has signed an agreement with Housing Development Corporation (HDC) for the development and operation of an office building.

According to HDC, 7,467.13 square feet of land has been allotted to MIB in Hulhumale’ Phase 1. It is located near Hulhumale’ Central Park. The agreement was signed at a function held at HDC’s head office on Thursday.

MIB currently serves Hulhumale’ via an office located on the lowest floor of One Avenue. It opened a week ago.

In addition to this office, MIB provides ATM services in Hulhumale’.

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