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Ex-pres Solih urges to protect trust in BML amid allegations

avas.mv/en/144177
15 Jan 2025

Former President Ibrahim Mohamed Solih has urged against any action that could undermine public confidence in the national bank, the Bank of Maldives (BML). President Solih's appeal comes as the polic...

BML’s CEO Karl Stumke resigns amid ongoing investigation

avas.mv/en/143918
15 Jan 2025

Bank of Maldives (BML)’s CEO Karl Stumke has officially resigned from his position, the bank announced in a statement today. Stumkle was appointed assistant BML’s CEO in October 2022. According to the...

Pres Dr. Muizzu calls BML's USD payment suspension a "coup" against the gov't

avas.mv/en/143530
15 Jan 2025

President Dr. Mohamed Muizzu has characterized the Bank of Maldives' (BML) recent decision to suspend USD payments from MVR accounts, a move later revoked, as an attempted "coup" against the governmen...

MMA affirms BML's strong financial position amid card payment challenges

avas.mv/en/143493
15 Jan 2025

The Bank of Maldives (BML) is in a robust financial position despite challenges in managing its card payments, the central bank, Maldives Monetary Authority (MMA) has said. On Sunday, BML triggered na...

BML's Deputy CEO Aishath Nooruddin removed from post

avas.mv/en/143455
15 Jan 2025

Bank of Maldives (BML)'s Deputy CEO Aishath Nooruddin has been removed from her position. The Privatization Board made the decision earlier on Friday. Aishath Nooruddin is one of the longest-serving e...

BML suspends payroll and bulk transfers via internet banking

avas.mv/en/142910
15 Jan 2025

The Bank of Maldives (BML) has temporarily suspended the use of internet banking and FAVARA for payroll and bulk transfer processing. According to the bank, requests for payroll and bulk transfers sho...

High Court to hear case against ex-pres Yameen filed by BML

avas.mv/en/142336
15 Jan 2025

The High Court is set to commence a case filed against former President Abdulla Yameen by the Bank of Maldives (BML) today. The case concerns an escrow account opened at BML between Yameen and the Ant...

BML establishes USD ATM in Maafushi

avas.mv/en/141500
15 Jan 2025

Bank of Maldives (BML) on Monday introduced its USD ATM service in K. Maafushi. The new ATM installed at Maafushi Branch will support individuals and businesses to withdraw and deposit USD convenientl...

BML Islamic launches Shari'ah compliant credit card

avas.mv/en/141169
15 Jan 2025

BML Islamic has introduced the country's first ever Shari’ah compliant Credit Card. The new BML Islamic Credit Card that runs on the American Express network was launched with a host of local and inte...

BML launches Bank Fund to support community initiatives

avas.mv/en/141017
15 Jan 2025

Bank of Maldives (BML) Tuesday announced a ‘Bank Fund’ to empower NGOs to contribute to their communities through sustainable projects. The ‘Bank Fund’ invites proposals for ideas that promote sustain...

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Latest Articles

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