The Bank of Maldives (BML) expanded its services in HDh. Atoll on Monday with the establishments of self-service ATMs in four additional islands.
The new ATMs were established as part of the “Mulhi Raajje ah BML ATM" initiative – an initiative that seeks to establish ATM services in all residential islands by the end of this year.
The BML launched ATM services in the islands of Hanimaadhoo, Naivaadhoo, Nellaidhoo and Nolhivaram on Monday, in ceremonies attended by President Dr. Mohamed Muizzu, government ministers, as well as BML’s chairperson Ahmed Ali Habeeb, CEO and managing director Mohamed Shareef, board directors, and other senior officials.
Speaking at the inauguration ceremony, Shareef noted that ATM’s play a crucial role in bringing customers into the formal banking system.
“ATMs play a crucial role in bringing customers into the formal banking system, so it’s a proud moment not just for the bank, but for the communities of these islands, as we continue to bring banking closer to customers and enable easier access to financial services wherever they live,” he said.
The services launched on Monday includes a dedicated self-service ATM at the Hanimaadhoo International Airport.
The BML has an extensive network comprising 41 branches across all 20 atolls, 150 self-service banking centers, 208 ATMs, comprehensive agent banking services, and advanced digital banking solutions.
The bank launched an initiative to establish ATMs in all residential islands of the Maldives last year – a project that it expects to wrap up by November.