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BML’s “Swipe” digital wallet surpasses 20,000 users

psmnews.mv/en/184050
one day ago

The Bank of Maldives (BML) has announced that its home‑grown digital wallet, Swipe, has crossed the 20,000‑user milestone, a figure revealed by BML CEO Mohamed Shareef at the opening ceremony of the Y...

BML lends USD 226 million in dollar loans in six months

psmnews.mv/en/184022
one day ago

Bank of Maldives (BML) has sufficient US dollar liquidity, with the bank having issued loans worth USD 226 million during the first six months of this year alone, according to the bank's Chief Executi...

BML expands banking network with seven new branches

psmnews.mv/en/183996
one day ago

Bank of Maldives (BML) has expanded its banking network by opening seven additional branches as part of its ongoing efforts to provide banking services to communities across the Maldives. The new bran...

BML unveils international accounts feature on Swipe digital wallet

psmnews.mv/en/183994
one day ago

The Bank of Maldives (BML) has unveiled the international account feature within its home‑grown digital wallet, Swipe, giving Maldivian customers the ability to open overseas‑style bank accounts and r...

BML and SME Digital launch Youth Entrepreneurship Financing for startups

psmnews.mv/en/183988
one day ago

The Bank of Maldives (BML), in partnership with SME Digital, has unveiled a new Youth Entrepreneurship Financing facility aimed at empowering young Maldivians to start and grow micro‑ and small‑enterp...

False rumours on dollar liquidity could harm economy, BML CEO warns

psmnews.mv/en/183982
one day ago

Bank of Maldives (BML) CEO Mohamed Shareef has cautioned that spreading unfounded allegations about the bank’s USD liquidity could inflict “irreparable damage” on both the bank and the wider Maldivian...

BML sells record USD 1.7bn in foreign currency over two and a half years

psmnews.mv/en/183772
12 Jul 2026

The Bank of Maldives (BML) has announced that it sold a record USD 1.7 billion in foreign currency over the past two and a half years to meet customers' growing demand. The bank said it sold a total o...

BML plans to expand Swipe into global digital payment wallet

psmnews.mv/en/183419
07 Jul 2026

Bank of Maldives (BML) plans to expand its digital wallet, Swipe, to allow Maldivians travelling overseas to make payments without using a physical bank card, the bank's Chief Executive Officer Mohame...

BML CEO envisions fully automated payments in next five years

psmnews.mv/en/183276
04 Jul 2026

Bank of Maldives’ Chief Executive Officer (CEO) Mohamed Shareef has said the next five-year focus will be on making payments easier, faster, and more automated in the Maldives’ financial system. He ma...

BML says USD investment pool does not fuel black market

psmnews.mv/en/183194
03 Jul 2026

The Bank of Maldives (BML) has defended its newly launched USD‑investment product, rejecting allegations that it strengthens the black market for foreign currency. BML has insisted that the “investme...

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