Bank of Maldives (BML), on Wednesday, announced the approval of a USD 5 million 'Murabaha Financing Facility' by the International Islamic Trade Finance Corporation (ITFC), becoming the first Maldivia...
The International Islamic Trade Finance Corporation (IITFC) has granted the Bank of Maldives a USD five million Mukhabarah financing facility.
IITFC is a member of the Islamic Development Bank (IDB) a...
Bank of Maldives (BML) has issued MVR 526.2 million in Covid-19 relief loans to 371 businesses.
Statistics released by Finance Ministry shows that by September 17, BML issued MVR 526.2 million in Covi...
Ministry of Finance has revealed Bank of Maldives (BML) has disbursed USD 41.5 million for businesses under the COVID-19 Recovery Loan Scheme.
As per the statistics of the finance ministry, BML provid...
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...
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...
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...
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...
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...
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...
