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BML to Administer Funds for Government’s COVID-19 Economic Recovery Plan

mbr.mv/9181/
Editorial 08 Apr 2020

Bank of Maldives (BML) has revealed that the bank will support the Ministry of Finance in the implementation of the COVID-19 Economic Recovery Plan. The scheme allows individuals, cooperatives and bus...

BML opens opportunity for Islamic Financing customers to apply for moratorium

psmnews.mv/en/66412
07 Apr 2020

Bank of Maldives (BML) has opened the opportunity for Islamic Financing customers to apply for the 6-month moratorium on repayment. BML announced the 6-month moratorium is now available for BML Islami...

BML Islamic opens request window to apply for moratorium

mbr.mv/9167/
Editorial 06 Apr 2020

The Islamic wing of Bank of Maldives, BML Islamic on Monday has officially opened window for customers to submit application requesting for moratorium period. Maldives national bank announced providin...

Customers can apply for BML moratorium online

psmnews.mv/en/66224
03 Apr 2020

Bank of Maldives (BML) has opened the opportunity to apply for the 6-month moratorium for all personal, housing and business loans. BML said the customers can apply for the moratorium via its website....

Repayment amount will be reduced by 20% for 6 months after moratorium: BML

psmnews.mv/en/66195
03 Apr 2020

Bank of Maldives (BML) has stated the repayment amounts of all loans will be reduced by 20% for 6 months after the moratorium. Speaking at the press conference of National Emergency Operations Centre...

BML branches, except Bazaar Branch to open on 02 Apr

mbr.mv/9117/
Editorial 01 Apr 2020

Bank of Maldives (BML) has announced all of its branches, except for its bazaar branch will open on Thursday, 02 April 2020. The national bank of Maldives confirmed all the branches and service center...

Will not charge interest on deferred student loans: BML

edition.mv/news/15867
Shahudha Mohamed 01 Apr 2020

Bank of Maldives (BML) clarified on Monday night that interest will not be charged for the six month deferral period on higher education student loans. In a statement released by the bank, BML stated...

Compound interest will not be charged on deferred loans: BML

edition.mv/business/1582...
Shahudha Mohamed 29 Mar 2020

Bank of Maldives (BML) on Sunday clarified that the bank will not be compounding interest during the six-month moratorium period for deferred loans, and therefore, will not be charging interest on int...

BML will not compound interest during moratorium period

mbr.mv/9089/
Editorial 29 Mar 2020

Bank of Maldives (BML) has announced the bank will not be compounding interest on all personal, housing and business loans for which it had earlier announced a moratorium. The national bank of Maldive...

BML announces six-month moratorium on loan repayment

psmnews.mv/en/65844
26 Mar 2020

Bank of Maldives (BML) has announced a six month moratorium on loan repayments for customers with personal, housing or business loans. As part of the economic recovery plan to minimise the impact on i...

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