BML collects MVR 110 million in quadrant one of 2015

Government and public shareholder company، Bank Of Maldives makes a total net-profit of MVR 110 million in the first quadrant of 2015.
The company’s issued financial report for 1st quarter of 2015، reveals total revenue collected tops out at MVR 379.9 million، with income from interest and other receivables topping at MVR 228.1 million.
BML had received a total of MVR 71.3 million during the first four months of 2014 fiscal year، with a total of MVR 48.1 million deducted from operating profit as provisions for bad debts.
With the bank’s net-profit for the 1st quadrant of 2015، dividends have increased to MVR 85 per share.
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