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Over 500 bank accounts blocked due to scam cases

edition.mv/news/35019
Mariyath Mohamed 31 Jul 2024

Police have said today that this year alone they have blocked over 500 bank accounts in relation to scam cases. Senior officials of Police and Communications Authority of Maldives were summoned to the...

Munawar appointed as Maldives’ central bank chief

en.sun.mv/90929
31 Jul 2024

President Dr. Mohamed Muizzu has appointed Ahmed Munawar as the governor of the Maldives Monetary Authority (MMA). He was presented with his letter of appointment in a ceremony held at the President’...

Maldives Islamic Bank Awards 160 Honda Airblade Motorcycle to 'Be a Niner' Campaign Winner

edition.mv/news/34983
Anaan Bushry 30 Jul 2024

Ahmed Mohamed emerged as the winner of the 'Be a Niner' campaign, which ran from January to June this year. The campaign was targeted at those who deposited their salaries in MIB accounts. MIB, which...

Bank of Maldives second quarter profits at MVR 448 million

edition.mv/news/34977
Malika Shahid 30 Jul 2024

Bank of Maldives (BML) posted a net profit of MVR 448 million for the second quarter of 2024. This is MVR 103 million lower compared with the second quarter of 2023. Net profit declined in the second...

Parliament approves Munawar’s appointment as central bank chief

en.sun.mv/90917
30 Jul 2024

Parliament, on Tuesday, has approved the appointment of of former Finance Minister Ahmed Munawar, who currently serves as an advisor to the incumbent Finance Minister, as the Governor of central bank,...

Chinese Bank Expresses Interest in Opening Branch in Maldives

themaldivesjournal.com/6...
29 Jul 2024

Foreign Minister Moosa Zameer announced that a Chinese bank has expressed interest in opening a branch in the Maldives. Minister Zameer made this statement during a program on 'Aslu TV,' highlighting...

PAC Recommends Ahmed Munawwar for Central Bank Governorship

themaldivesjournal.com/6...
29 Jul 2024

The Public Accounts Committee of the Parliament has recommended the appointment of former Finance Minister Ahmed Munawwar as the Governor of the Maldives Monetary Authority (MMA). Following an intervi...

Maldives applies for license to establish Development Bank

edition.mv/news/34924
Anaan Bushry 28 Jul 2024

The Maldives government has applied to Maldives Monetary Authority (MMA) for a license to operate the first development bank established in the Maldives. Minister of Economic Development and Trade Moh...

Govt applies for license to operate development bank

en.sun.mv/90869
28 Jul 2024

The Economic Ministry has filed an application with the Maldives Monetary Authority (MMA) seeking a license to operate the Development Bank of Maldives. Development banks are financial institutions w...

Maldives discusses financing for projects with China Exim Bank

psmnews.mv/en/140897
23 Jul 2024

The Maldives has engaged in discussions with Exim Bank of China to secure financing for economic projects. These discussions took place as part of Minister of Foreign Affairs Moosa Zameer's ongoing vi...

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