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BML announce positive changes to retailers’ loan

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Editorial 08 Nov 2020

Bank of Maldives (BML) announces positive changes to the Retailers’ Loan, which targets businesses requiring fund expansions. Moreover, the loan aims towards helping businesses to adjust their working...

BML strengthens its 'Retailers' Loan', reduces minimum qualifying average

edition.mv/business/2024...
Ahmed Aiham 08 Nov 2020

Bank of Maldives (BML), on Sunday, announced amendments to it's 'Retailers' Loan', which targets businesses that require expansions of their funds. The retailers’ loan is utilized by businesses as a l...

BML introduces unsecured Green Loans

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Mariyam Malsa 05 Nov 2020

Bank of Maldives (BML), on Thursday, introduced unsecured Green Loans which allow eligible customers to borrow between MVR 50,000 to MVR 500,000 without any additional security. The unsecured Green Lo...

BML introduces unsecured Green Loans up to MVR 500,000

en.sun.mv/63816
05 Nov 2020

Bank of Maldives has announced changes to its Green Loan scheme for environment-friendly projects focused on renewable energy. The Green Loan scheme will now permit eligible customers to borrow betwee...

BML opens applications for Community Fund

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Ahmed Aiham 03 Nov 2020

Bank of Maldives (BML), on Monday, opened applications for proposals in the seventh round of its 'Aharenge Bank' Community Fund, a nationwide campaign to empower individuals to contribute to society b...

BML prohibits card usage on certain websites

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Mariyam Malsa 03 Nov 2020

Bank of Maldives (BML), on Monday, imposed restrictions on card usage for online trading, cryptocurrency and gambling websites. According to a statement issued by the bank, the measure was introduced...

BML profits increase 15% in Q3, 2020

psmnews.mv/en/77144
01 Nov 2020

Bank of Maldives (BML) has revealed the net profit of the bank increased 15% in the third quarter this year, compared to the same period last year. According to the quarterly report released by BML, t...

BML reduces interest rates for personal and housing loans

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Ahmed Aiham 01 Nov 2020

Bank of Maldives, on Sunday, announced a reduction of the interest and profits rates of its Personal and Housing Loans. BML’s Director of Retail and SME Banking, Moosa Nimal said that "many across the...

BML posts Profit After Tax of MVR259mn in Q3-2020

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Editorial 31 Oct 2020

Bank of Maldives posts a profit after tax of MVR259 million for the third quarter of 2020 – it reported on Wednesday, 28 October. The bank reports that with anticipated higher provision charge, howeve...

BML records MVR 258 million as net profit in Q3

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31 Oct 2020

The national bank, Bank of Maldives (BML) has announced a profit after tax of 258.6 million for the third quarter of this year. The Q3 financial report released by BML shows the MVR 258.6 million gene...

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