The Maldives Monetary Authority (MMA) has officially granted a banking license to the Development Bank of Maldives Limited, a fully government-owned entity. This pivotal move is set to enhance the nat...
Maldives Monetary Authority has today granted the license for operation of the first established Development Bank of Maldives.
Minister of Economic Development and Trade Mohamed Saeed stated on social...
Central bank, Maldives Monetary Authority (MMA) has granted Development Bank of Maldives (DBM) banking license to operate as a development bank in the Maldives on Sunday.
The license was handed over...
According to World Bank report titled Seeking Stability in Turbulent Times, Maldives has sold MVR 64 billion worth of Treasury Bills (T-bills) through the financial sector, contributing to a significa...
The World Bank said on Thursday that the Maldives has made limited progress in implementing the fiscal reform plan proposed by the Maldivian administration back in February, adding that urgent actions...
Bank of Maldives (BML) has set up a self service banking ATM in Kaafu atoll Gaafaru and commenced services there.
The ATM was opened for service today, now allowing the public and businesses to withdr...
The Maldives Monetary Authority (MMA) has implemented a new foreign exchange regulation, mandating that all banks operating in the Maldives sell 60% of their weekly foreign exchange holdings to the ce...
The central bank is set to issue an operating license to the Development Bank of Maldives (DBM) within this week.
The establishment of a development bank in Maldives is one of President Dr. Mohamed M...
Bank of Maldives (BML) has today commenced accepting RuPay cards.
RuPay cards will now be accepted at BML's ATMs and POS terminals, the bank confirmed.
Director of Retail, Business and SME Banking Moo...
Sri Lanka said on Monday it had secured a new $200 million World Bank loan to bolster economic recovery, the first foreign funding since leftist President Anura Kumara Dissanayake won elections.
Dissa...