Bank of Maldives BML)’s CEO, Managing Director Karl Stumke has revealed that efforts are underway to facilitate transactions in UAE’s Dirham (AED) and China’s Yuan (Renminbi).
He announced the initi...
Bank of Maldives (BML) shareholders have approved a divided payout of MVR 269 million at MVR 50 per share.
The decision was taken at the bank's Annual General Meeting held at Jen Hotel this evening.
T...
Bank of Maldives (BML)’s shareholders have approved a record amount of MVR 50 per share dividend payout.
The dividend payout was approved at the bank’s Annual General Meeting (AGM) held on Tuesday ni...
Bank of Maldives (BML) has launched a Shari'ah compliant credit card today.
Operated within the American Express Card network, this new BML Islamic credit card launched today introduced a host of fore...
In a significant move towards financial inclusivity and innovation, BML Islamic has unveiled the Maldives' maiden Shari'ah-compliant Credit Card. This groundbreaking initiative marks a milestone in th...
Bank of Maldives (BML) has revealed that last year saw the highest number of loans issued to Small and Medium Sized Enterprises (SMEs) over the past five consecutive years. Despite the global economic...
Bank of Maldives (BML) has reported issuing a total of MVR 5 billion in loans in 2023.
According to BML, despite inflation rate hikes and geopolitical tensions globally, the Maldives economic growth...
Bank of Maldives (BML) issued MVR 5 billion (USD 324.68 million) in loans during 2023, the bank revealed.
BML's Director of Retail, Business and SME Banking Moosa Nimal detailed that out of all the lo...
Hassan Zareer who the parliament cleared to assume the position of Commissioner General of Taxation has resigned from his current position of Chairperson of Bank of Maldives (BML).
BML stated that the...
Hassan Zareer has resigned from his post as the chairperson of the Bank of Maldives (BML).
In a statement on Thursday morning, the national bank said Zareer resigned from the bank’s board as the Parl...