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, 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,...
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...
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...
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...
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...
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...
The Public Accounts Committee of the Maldivian Parliament has approved a recommendation to remove Central Bank Governor Ali Hashim from his post. This decision comes after Governor Hashim failed to at...
Anti-Corruption Commission (ACC)’s President Adam Shamil has criticized Maldives Monetary Authority (MMA) for its alleged failure to implement and enforce monetary policies to regulate the commercial...
Bank of Maldives (BML) cannot be sued for the recovery of USD 1 million deposited in an escrow account by former president Abdulla Yameen Abdul Qayyoom under an agreement he made with Anti Corruption...
