Bank of Maldives (BML), reports strong financial performance for the first quarter of 2021.
Moreover, the national bank of Maldives report a profit-after-tax of MVR357 million.
On the other hand, the bank reports their profit-after-tax for review quarter is up by 23% from the corresponding period last year.
Meanwhile, the bank’s performance reflects good recovery in all its core business lines from Covid-19 impact last year.
Furthermore, BML reports an operating profit of MVR537 million for the review period.
The bank’s operating profit saw a 25% bump from the same period of 2020.