A sweeping government initiative to install Automated Teller Machines on every inhabited island is reshaping access to financial services and accelerating the integration of funds into the formal bank...
Norway's $2 trillion sovereign wealth fund said it is terminating all contracts with asset managers handling its Israeli investments and has divested parts of its portfolio in the country over the sit...
Maldives’ central bank, the Monetary Authority of Maldives (MMA) has issued licenses to 34 new entities under the new Foreign Exchange Act.
The MMA opened the license application process under the Mo...
Bank of Maldives (BML) has announced the opening of applications for its Startup Grant for the year 2025.
In celebration of BML Islamic’s 10th anniversary, a third business will be awarded the grant t...
Former Kulhudhuffushi MP Jamsheed Mohamed has been ordered to pay over MVR 200,000 in unpaid dues for a soft loan withdrawn from Bank of Maldives (BML).
BML filed the case against Jamsheed following...
Bank of Maldives (BML) announced a net profit of MVR 558 million for the second quarter of 2025, marking a 24 per cent increase compared to the same period last year. The bank’s operating profit for Q...
Bank of Maldives (BML) has announced its financial results for the second quarter of 2025, with an Operating Profit of USD 51.2 million, marking a 13 percent increase compared to the same period last...
The Palestinian Authority’s Education Ministry has said that an illegal Zionist settler killed a prominent activist linked to the Oscar-winning documentary No Other Land during an attack on a Palestin...
Maldives’ central bank, Maldives Monetary Authority (MMA) has sanctioned dollar allocation to local banks by another 10 percent to facilitate more support for local businesses.
The change will take ef...
Bank of Maldives (BML) has announced the winners of 'Bank Fund 2025', an initiative targeted to empower NGOs and drive sustainable development projects across the Maldives.
The five recipients of BML’...
