BML board of directors have recommended to make a dividend payout of MVR 17 per share to share holders.
According to the annual report of Bank of Maldives، the bank made a gross profit of MVR 932 million last year. Which is a 29% increase compared to the previous year. The report further stated that when one-off items such as loan recoveries are removed to give a more appropriate year on year comparison،  the underlying profit increased by a very strong 136%.
The banks loan book also grew by 22% and non-performing loans have been reduced to 19%. Customer deposits increased by 16% to MVR 14.1 billion in 2015. Moreover as the first half of the MVR 300 million investment program the Bank invested MVR 150 million in extending services to communities and businesses across the country.
The bank has decided to make a total payout of MVR 91.4 million to shareholders.