The Bank of Maldives (BML) has officially laid the foundation stone for a new branch in Hinnavaru, Lhaviyani atoll.
The ceremony, held on Monday, was attended by President Dr Mohamed Muizzu, members of his cabinet, BML Chairman Ahmed Ali Habeeb, CEO and Managing Director Mohamed Shareef, and senior bank officials.
According to BML, the new branch will further strengthen banking access in the atoll, which is currently served by a branch in Naifaru and self-service ATMs in all inhabited islands.
ޅ. ހިންނަވަރުގައި ޤާއިމުކުރާ ބޭންކް އޮފް މޯލްޑިވްސްގެ އައު ގޮފީގެ ބިންގާއެޅުމުގެ ރަސްމިއްޔާތު#RayyithunGaathah #LhaviyaniAtollVisit pic.twitter.com/yRBUWQAtek
— The President's Office (@presidencymv) October 27, 2025
BML operates a nationwide network of 42 branches across 20 atolls, 200 self-service banking centres, and 258 ATMs. The bank also offers advanced online banking services and says it remains committed to supporting individuals, businesses, and communities across the Maldives.