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Hulhudhuffaaru Moves Closer to ATM Services with BML, MIB Deals

psmnews.mv/en/151252
22 Jan 2025

Hulhudhuffaaru, Raa Atoll on Wednesday signed agreements with Bank of Maldives Plc. (BML) and Maldives Islamic Bank (MIB) to install Automated Teller Machines (ATM) on the island. During a community m...

BML Partners with Angolhitheemu Council to Establish ATM Services

psmnews.mv/en/151199
21 Jan 2025

An agreement has been signed between the Bank of Maldives (BML) and the Angolhitheemu Council of Raa Atoll to provide ATM services on the island. The agreement was signed during a meeting with the res...

Rasgatheemu Inks ATM Installation Deal with BML

psmnews.mv/en/151185
21 Jan 2025

An agreement to install an Automated Teller Machine (ATM) in Rasgatheemu, Raa Atoll, was finalised during a community meeting attended by President Dr Mohamed Muizzu, adding another island to the init...

BML, Vaadhoo Council Finalise ATM Installation Deal

psmnews.mv/en/151177
21 Jan 2025

An agreement to install an Automated Teller Machine (ATM) in Vaadhoo, Raa Atoll, was finalised during a community meeting attended by President Dr Mohamed Muizzu, marking a significant step towards en...

BML raises dollar limit for students studying abroad

avas.mv/en/145227
15 Jan 2025

The Bank of Maldives (BML) has announced an increase in the dollar limit for students studying abroad, raising it to USD 1,200. This new limit will take effect from November 1. Although the government...

Gov’t appointed member resigns from BML board

avas.mv/en/144262
15 Jan 2025

Aishath Sajnee, a government-appointed member of the Board of Directors of the Bank of Maldives (BML), has resigned. Although AVAS has confirmed her resignation,, BML has yet to issue an official stat...

Ex-pres Solih urges to protect trust in BML amid allegations

avas.mv/en/144177
15 Jan 2025

Former President Ibrahim Mohamed Solih has urged against any action that could undermine public confidence in the national bank, the Bank of Maldives (BML). President Solih's appeal comes as the polic...

BML’s CEO Karl Stumke resigns amid ongoing investigation

avas.mv/en/143918
15 Jan 2025

Bank of Maldives (BML)’s CEO Karl Stumke has officially resigned from his position, the bank announced in a statement today. Stumkle was appointed assistant BML’s CEO in October 2022. According to the...

Pres Dr. Muizzu calls BML's USD payment suspension a "coup" against the gov't

avas.mv/en/143530
15 Jan 2025

President Dr. Mohamed Muizzu has characterized the Bank of Maldives' (BML) recent decision to suspend USD payments from MVR accounts, a move later revoked, as an attempted "coup" against the governmen...

MMA affirms BML's strong financial position amid card payment challenges

avas.mv/en/143493
15 Jan 2025

The Bank of Maldives (BML) is in a robust financial position despite challenges in managing its card payments, the central bank, Maldives Monetary Authority (MMA) has said. On Sunday, BML triggered na...

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