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World Bank suffering ‘leadership crisis,’ staff say

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12 Aug 2016

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 TO PROVIDE PAYMENT CAPABILITY FOR NEWLY ANNOUNCED PASSPORT CARD

miadhu.com/article/en/54...
BY: shamin, 12 Aug 2016

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 PARTNERS WITH MPAO TO MAKE HOME FINANCE MORE ACCESSIBLE AND AFFORDABLE

miadhu.com/article/en/54...
BY: shamin, 09 Aug 2016

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 participates in the Credit Guarantee Scheme by MMA

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Corporate Maldives 09 Aug 2016

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...

Habib Bank to open first branch outside Maldives capital

en.mihaaru.com/?p=1912
Fathimath Shaahunaaz 28 Jul 2016

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...

Maldives central bank extends deadline for new currency exchange

en.mihaaru.com/?p=1876
Fathimath Shaahunaaz 25 Jul 2016

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...

Maldives Islamic Bank opens fourth branch

en.mihaaru.com/?p=1866
Fathimath Shaahunaaz 25 Jul 2016

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 introduces a new loan product to support victims of disasters

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Corporate Maldives 25 Jul 2016

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...

Commercial Bank of Maldives to commence banking operations in last quarter

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Corporate Maldives 24 Jul 2016

Tree Top Investments have announced the opening of Commercial Bank of Maldives (CBM). Commercial bank of Maldives is set out to enhance and improve the banking industry by providing efficient services...

Islamic Bank opens a branch in Kulhudhufushi

vaguthu.mv/en/37206
Ahmed Ali 21 Jul 2016

Maldives Islamic Bank has opened a branch in Kulhudhufushi and started their services in Kulhudhufushi today. Officials say that this branch will provide the same services as other Islamic Bank branch...

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