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SDFC issues MVR 268m as relief loans while BML issues MVR 522m

en.sun.mv/62883
10 Sep 2020

The SME Development Finance Corporation (SDFC) has released MVR 268.3 million as loans for businesses negatively impacted by COVID-19. Statistics published by the Finance Ministry show that the 3,293...

BML opens applications for second moratorium on loans

edition.mv/business/1900...
Fathmath Shaahunaz 08 Sep 2020

Bank of Maldives (BML) on Tuesday opened applications for its second moratorium, for customers with personal, housing and business loan moratoriums with repayments due to start this September. Eligibl...

Request submitted to summon BML officials to Parliament

psmnews.mv/en/74484
07 Sep 2020

Parliamentarian Ahmed Haitham has submitted a request to Speaker of Parliament Mohamed Nasheed to summon senior officials of Bank of Maldives (BML) to the parliament over the lack of accountability to...

BML denies multiple charges from customer accounts

en.sun.mv/62809
06 Sep 2020

Bank of Maldives (BML) has denied that it charged twice the amount from the accounts of customers. The statement by BML comes after complaints regarding multiple charges from bank accounts began to ci...

'Fini Park' established in Kelaa under BML Community Fund

edition.mv/news/18937
Mariyam Malsa 05 Sep 2020

Bank of Maldives (BML) announced the completion of a community oriented park in front of the school in Kelaa, Haa Alif Atoll, under its 'Aharenge Bank Community Fund'. Opened by Kelaa based NGO Island...

BML CEO: Measures will be taken to address USD liquidity issue

en.sun.mv/62701
31 Aug 2020

Bank of Maldives (BML) will work to resolve the issue of US dollar liquidity by ensuring the availability of US dollars for important purposes.  Speaking in the virtually held annual general meeting o...

BML announces new Chairman, Board of Directors

edition.mv/business/1883...
Fathmath Shaahunaz 31 Aug 2020

Bank of Maldives (BML) on Monday announced the bank's new Board of Directors with Sana Mansoor as its Chairman. The main bank of Maldives stated that the appointments were confirmed at the board meeti...

Committed to supporting Maldivians in these challenging times: BML

edition.mv/business/1881...
Fathmath Shaahunaz 31 Aug 2020

Bank of Maldives (BML)'s CEO and Managing Director Tim Sawyer on Monday declared that the bank remains committed to supporting Maldivians during the unprecedented challenges brought about by the ongoi...

BML to pay dividends at MVR26 per share

mbr.mv/10586/
Editorial 31 Aug 2020

Bank of Maldives (BML) on Monday announces paying their dividends at MVR26 per share. Moreover, the decision comes from the bank’s Board of Directors at the 2019 Annual General Meeting. Furthermore, o...

BML extends moratorium on loan repayment

psmnews.mv/en/74093
30 Aug 2020

Bank of Maldives (BML) has decided to extend the moratorium offered for its loans and financing facilities. As part of the economic recovery plan to minimise the impact on individuals and businesses d...

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