The Bank of Maldives (BML) has announced the expansion of its ATM network to cover all inhabited islands in Laamu Atoll this week, as part of its nationwide financial inclusion initiative.
The announcement was made during a ceremony to lay the foundation stone for a new ATM branch in Hithadhoo, Laamu Atoll. The event was attended by President Dr. Mohamed Muizzu, cabinet ministers, BML Chairman Ahmed Ali Habeeb, BML CEO and Managing Director Mohamed Shareef, and other senior officials.
Under the 'BML ATMs for the Whole Country’ project, new ATMs will be installed in Kunahandhoo, Dhanbidhoo, Maabaidhoo, Mundoo, Isdhoo, and Kalaidhoo, bringing the total number of ATMs installed this year to 103.
ލ. ހިތަދޫގައި ބީ.އެމް.އެލްގެ އައު އޭޓީއެމް ހުޅުއްވައިދެއްވައި، ބޭންކުގެ އައު ގޮފީގެ ބިންގާއެޅުމުގެ ރަސްމިއްޔާތުގައި ރައީސުލްޖުމްހޫރިއްޔާ ބައިވެރިވެވަޑައިގަތުން#RayyithunGaathah #LaamuAtollVisit pic.twitter.com/TLZN8SNvl7
— The President's Office (@presidencymv) October 20, 2025
“This is undoubtedly one of the largest projects we have ever undertaken,” said CEO Shareef. “It reflects our commitment to increasing financial participation and supporting rural development across the Maldives.”
BML currently operates 42 branches, 194 self-service banking centers, and 252 ATMs across 20 atolls. The bank continues to expand its services to ensure access to banking for individuals, businesses, and communities nationwide.