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BML sets new limits for foreign transactions made using debit and credit cards

psmnews.mv/en/74895
16 Sep 2020

Bank of Maldives (BML) has announced new limits for foreign transactions made using the bank’s debit and credit cards. BML said the new limits have been set to control the outflow of US dollars from t...

BML impose limits on card-based foreign transactions

edition.mv/business/1917...
Ahmed Aiham 16 Sep 2020

The Bank of Maldives (BML), on Wednesday, imposed limits on it Debit and Credit Cards for foreign transactions involving Maldivian Rufiyya accounts only, citing reasons for the change as being in resp...

BML announce new limits on credit, debit cards for foreign transactions

mbr.mv/10703/
Editorial 16 Sep 2020

Bank of Maldives (BML) announces new card limits on their credit and debit cards for Maldivians living abroad. Moreover, in the statement by the bank new card limits for foreign transactions note a bu...

USD outflow increasing due to online trading platforms: BML

psmnews.mv/en/74809
14 Sep 2020

Bank of Maldives (BML) has stated the outflow of US Dollars from the bank to international card associations has increased due to online trading platforms. Speaking at an online press conference, CEO...

BML issues MVR 1.3 billion as loans amid pandemic

edition.mv/business/1912...
Mariyam Malsa 14 Sep 2020

Bank of Maldives (BML), on Sunday, revealed that it had issued loans worth MVR 1.2 billion to various sectors facing economic repercussions due to the ongoing COVID-19 pandemic. BML's CEO and Managing...

BML CEO: Online trading leads to USD shortages

en.sun.mv/62943
14 Sep 2020

Bank of Maldives Managing Director and CEO Tim Sawyer has spoken out about the reason why the bank decided to bring changes regarding payments of USD through online trading platforms. BML will now be...

BML issue MVR1bn in loans amid Covid-19 pandemic

mbr.mv/10691/
Editorial 14 Sep 2020

Bank of Maldives (BML) on Sunday, 13 September, reveals issuing a total of MVR1 billion in loans amid Covid-19 pandemic. During a Zoom conference held on Sunday late afternoon, the bank’s CEO Tim Sawy...

Civil Court orders BML to freeze the accounts of Sun Travels and Tours

psmnews.mv/en/74682
11 Sep 2020

Civil Court of the Maldives has ordered Bank of Maldives (BML) to freeze the accounts of Sun Travel and Tours Private Limited over the charges pressed against the company by Hilton International. In a...

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...

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