Champa Afeef: CBM will help make dreams of young businesspeople a reality

Chairman of the newly opened Commercial Bank of Maldives (CBM), Champa Hussain Afeef has vowed that the bank will help turn dreams and ambitions of young businesspeople of the country a reality.

CBM – which is owned by Tree Top Investment and Commercial Bank of Ceylon was inaugurated this Monday morning with a reserve of MVR 150 million.

Speaking during the inauguration ceremony held at Hotel Jen, businessman Champa Afeef pledged that CBM would help young businesspeople set up their businesses and would assist them in stabilizing and developing their businesses.

“We will open up many new opportunities – not just to establish businesses. This business will open up great opportunities for small enterprises,” said Afeef.

He said that Tree Top Investment was dedicated in their efforts to develop different service industries of the country. And noted that the Tree Top Hospital – which will be largest hospital in the country – would be opened in Hulhumale’ by mid-2017.

Afeef said that he was hopeful the partnership between Tree Top Investment and Commercial Bank of Ceylon to open CBM would prove to be beneficial to the people of Maldives.

Tree Top Investment owns 45 percent of CBM while Commercial Bank of Ceylon owns 55 percent.