An agreement to install an Automated Teller Machine (ATM) in Vaadhoo, Raa Atoll, was finalised during a community meeting attended by President Dr Mohamed Muizzu, marking a significant step towards en...
The Bank of Maldives (BML) has announced an increase in the dollar limit for students studying abroad, raising it to USD 1,200. This new limit will take effect from November 1.
Although the government...
Aishath Sajnee, a government-appointed member of the Board of Directors of the Bank of Maldives (BML), has resigned.
Although AVAS has confirmed her resignation,, BML has yet to issue an official stat...
Former President Ibrahim Mohamed Solih has urged against any action that could undermine public confidence in the national bank, the Bank of Maldives (BML).
President Solih's appeal comes as the polic...
Bank of Maldives (BML)’s CEO Karl Stumke has officially resigned from his position, the bank announced in a statement today.
Stumkle was appointed assistant BML’s CEO in October 2022. According to the...
President Dr. Mohamed Muizzu has characterized the Bank of Maldives' (BML) recent decision to suspend USD payments from MVR accounts, a move later revoked, as an attempted "coup" against the governmen...
The Bank of Maldives (BML) is in a robust financial position despite challenges in managing its card payments, the central bank, Maldives Monetary Authority (MMA) has said.
On Sunday, BML triggered na...
Bank of Maldives (BML)'s Deputy CEO Aishath Nooruddin has been removed from her position.
The Privatization Board made the decision earlier on Friday.
Aishath Nooruddin is one of the longest-serving e...
The Bank of Maldives (BML) has temporarily suspended the use of internet banking and FAVARA for payroll and bulk transfer processing.
According to the bank, requests for payroll and bulk transfers sho...
The High Court is set to commence a case filed against former President Abdulla Yameen by the Bank of Maldives (BML) today.
The case concerns an escrow account opened at BML between Yameen and the Ant...
