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BML to Roll Out INR Accounts, Deepening Regional Financial Integration

psmnews.mv/en/161937
26 Jul 2025

The Bank of Maldives (BML) will introduce Indian Rupee (INR) accounts for the first time in a move that reflects expanding trade and financial cooperation between the Maldives and India. Beginning 1 A...

BML to Transform SDFC into Shariah-Compliant, Digital-First Islamic Finance Institution

psmnews.mv/en/161634
21 Jul 2025

The Bank of Maldives (BML) has announced that the SME Development Finance Corporation (SDFC) will operate as a Shariah-compliant Islamic financial institution followings its acquisition by the bank....

BML Bank Fund 2025: Five NGOs, including Diabetes Society, receive MVR 200,000 each

en.sun.mv/97591
21 Jul 2025

The Bank of Maldives (BML) has announced the recipients of funding for this year under of the BML Fund, an initiative the national bank launched last year to empower NGOs, charity organization and clu...

Govt's stake in SDFC to be sold to BML; plan to issue MVR 1.9M in SME loans in 5 years

en.sun.mv/97587
21 Jul 2025

The cabinet, on Sunday, has approved the sale of the government’s stake in SME Development Finance Corporation (SDFC) to the Bank of Maldives (BML). In a press release, the President’s Office announc...

Cabinet Approves Sale of Gov’t Stake in SDFC to BML

psmnews.mv/en/161545
21 Jul 2025

The Cabinet has approved the sale of the government's stake in the SME Development Finance Corporation (SDFC) to the Bank of Maldives (BML). The Cabinet took the decision following discussions on a pa...

BML Opens 40th Branch in Dhuvaafaru, Debuts Nation's First Paperless Facility

psmnews.mv/en/161512
20 Jul 2025

The Bank of Maldives (BML) has opened its 40th branch on the island of Dhuvaafaru in Raa Atoll, marking a notable milestone with the introduction of the country's first fully paperless banking facilit...

BML opens its 40th branch in Dhuvaafaru

en.sun.mv/97550
19 Jul 2025

Bank of Maldives (BML) has expanded its services in R. Atoll with the opening of its new BML Islamic branch at Dhuvaafaru. The branch was inaugurated by Housing Minister Abdulla Muththalib at an even...

BML Offers Exclusive Discounts on Student Debit Card Transactions

psmnews.mv/en/161165
14 Jul 2025

Bank of Maldives (BML) has offered exclusive discounts on transactions made on Point of Sale (POS) terminals for BML-issued Student Debit Cards. BML said discounts up to ten percent will be offered fr...

BML Environmental Protection Initiative: Annual MVR 5.5 Mil on conservation efforts

en.sun.mv/97442
14 Jul 2025

The Maldives national bank – Bank of Maldives (BML) – has announced efforts to inject MVR 5.5 million annually towards environmental and marine protection efforts. In a statement, BML highlighted the...

BML reverts decision, withdrawal limit for locals abroad at USD 750

en.sun.mv/97274
02 Jul 2025

The Bank of Maldives on Tuesday, reversed its earlier decision to cap the withdrawal limit for Maldivians residing abroad. The bank earlier had announced that Maldivians living abroad can withdraw ca...

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