Maldives Monetary Authority has extended the deadline given to the Commercial Bank of Maldives to commence operations.
Information Officer of MMA said that the bank faced some difficulties in starting...
MMA has decided to extend the deadline imposed in the conditions of CBM’s Banking licence to 26th September 2016. The earlier deadline to commence operations was 15th September 2016.
CBM will be the e...
Staff at the World Bank delivered a broadside against its sitting president this week, saying the global lender faced a “crisis of leadership” and risked irrelevance on the world stage.
The letter ca...
Bank of Maldives has announced a collaboration with Maldives Immigration to provide a payment function inthe newly announced Maldives Passport Card. A Memorandum of Understanding, which formally begin...
Bank of Maldives has signed an agreement with the Maldives Pension Administration Office (MPAO) to accept retirement savings as equity for home loans. This will pave the way to make home financemore a...
Bank of Maldives has confirmed its participation in the Credit Guarantee Scheme which was launched this morning by the Maldives Monetary Authority (MMA). Under the scheme, loans will be made available...
The Habib Bank branch set to be open in Hulhumale. PHOTO/MIHAARU
Habib Bank Ltd (HBL) of Pakistan is to open its first branch outside of capital Male in the reclaimed suburb of Hulhumale.
The bank’s c...
A man counts a stack of notes at a MMA counter. MIHAARU FILE PHOTO/MOHAMED SHARUHAAN
Maldives central bank has extended the deadline to exchange the old currency series at banks from the previous dead...
The service counters at the Maldives Islamic Branch in Haa Dhaal Atoll Kulhudhuffushi island. PHOTO/MIB
Maldives Islamic Bank (MIB) opened its fourth branch in the island of Kulhudhuffushi in Haa Dhaa...
Bank of Maldives has today introduced a new loan product to support victims of disasters to rebuild their homes. The BML Disaster Relief Loan, which is a joint initiative with the National Disaster Ma...
