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BML announces winners of ‘Aharenge Bank Community Fund'

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Mariyam Malsa 15 Oct 2020

Bank of Maldives (BML), on Thursday, announced the winning proposals for the sixth round of it's 'Aharenge Bank' Community Fund, a nationwide campaign to empower individuals to contribute to society b...

BML selects promising community projects for funding in Q2 submissions

mbr.mv/10884/
Editorial 15 Oct 2020

The Bank of Maldives (BML) on Thursday, 15 October made announcement of their latest community project approvals. As such the Maldives national bank notifies selecting five of the best community proje...

BML cards can now be linked to PayPal accounts

en.sun.mv/63336
08 Oct 2020

Bank of Maldives (BML) has unblocked all merchants on PayPal, reversing a recent decision to block selected PayPal merchants following a significant increase in unauthorized transactions. BML had bloc...

Yameen Adam, Head of Risk at BML resigns

en.sun.mv/63313
07 Oct 2020

Bank of Maldives’ Head of Risk Yaameen Adam has resigned from the post.  No reason for his abrupt resignation has been provided so far. Sun has confirmed that Yameen who had served BML for nearly 30 y...

BML disburses relief loans to 532 businesses

psmnews.mv/en/75824
06 Oct 2020

Ministry of Finance has revealed 377 businesses have been provided loans from the Bank of Maldives (BML) under the COVID-19 Recovery Loan Scheme. As per the statistics of the finance ministry, BML pro...

BML holds special programmes about scam, fraud for senior citizens

edition.mv/news/19497
Shahudha Mohamed 02 Oct 2020

Bank of Maldives, on Thursday, held special programmes for senior citizens in atolls across Maldives, to raise awareness on scams and frauds as well as the financial sector in general. The programmes,...

Card limits necessary to prevent uncontrolled dollar outflows: BML

edition.mv/report/19350
Mariyam Malsa 24 Sep 2020

On September 16, Bank of Maldives (BML) introduced limits on Debit and Credit Cards for foreign transactions involving Maldivian Rufiyaa, in response to a decline in foreign exchange resulting from th...

BML issue MVR526mn towards large corporations amid Covid-19

mbr.mv/10775/
Editorial 24 Sep 2020

Bank of Maldives confirm issuing a total of MVR526.2 million towards larger companies amid Covid-19 pandemic. Moreover, loans from the bank issued under “Recovery Loan Scheme” have been disbursed to a...

ITFC approves USD 5 million Murabaha Financing Facility for BML

psmnews.mv/en/75194
23 Sep 2020

The International Islamic Trade Finance Corporation (ITFC) has approved a USD 5 million Murabaha Financing Facility for Bank of Maldives (BML). The financing facility has been provided to support BML’...

BML disburses USD 41.7 million as COVID-19 recovery loans

psmnews.mv/en/75193
23 Sep 2020

Ministry of Finance has revealed Bank of Maldives (BML) has disbursed USD 41.7 million for businesses under the COVID-19 Recovery Loan Scheme. As per the statistics of the finance ministry, BML provid...

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