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BML takes U-turn on USD limit decision following backlash

en.sun.mv/91528
25 Aug 2024

The Maldives’ national bank has reversed its decision to suspend foreign transactions on cards linked to MVR accounts; a move that came within hours of implementing the changes - which met with massiv...

Dollar rate rises sharply as BML changes card limits

en.sun.mv/91523
25 Aug 2024

The US dollar rate in the black market rose sharply on Sunday, reacting to the decision by the Bank of Maldives (BML) to either suspend or drop the monthly limit for foreign transactions for bank card...

BML announces card limits for foreign transactions

edition.mv/news/35596
Malika Shahid 25 Aug 2024

Bank of Maldives (BML) has announced the suspension of foreign transaction allowances for cards linked to Maldivian Rufiyaa (MVR) accounts. The bank said that this change was brought in response to th...

BML suspends foreign transactions for debit cards; drops credit card limit to USD 100

en.sun.mv/91521
25 Aug 2024

The Bank of Maldives (BML) has suspended the allowance for foreign transactions for debit cards linked to MVR accounts and reduced the monthly limit for standard and gold credit cards to USD 100 - in...

Aishath Nooradeen dismissed from BML Board

edition.mv/news/35593
Mariyath Mohamed 25 Aug 2024

Aishath Nooradeen, who has served 42 years at the Bank of Maldives (BML), has been dismissed from the bank's Board of Directors on Friday. Mihaaru News reports that Privatization and Corporatization B...

BML board decides blocking dollar transactions from MVR cards

en.sun.mv/91510
24 Aug 2024

The Bank of Maldives (BML) board has decided to block all US dollar transactions from cash cards with Rufiyaa primary accounts. While the decision has not been formally announced by the bank, 'Sun' O...

BML dismisses Aishath Noordeen from board

en.sun.mv/91509
24 Aug 2024

Bank of Maldives (BML) has dismissed its Deputy Chief Executive Officer, Aishath Noordeen from the bank's board of directors. 'Sun' Online has learned that Privatization and Corporatization Board (PC...

BML Islamic invests in IUM Sanabil project

psmnews.mv/en/142644
23 Aug 2024

Bank of Maldives (BML) Islamic has announced its substantial investment in the Islamic University of Maldives (IUM) Sanabil project, a major initiative aimed at developing a cutting-edge, seven-story...

BML invests in IUM's 'Sanabil' Building Project

edition.mv/news/35564
Aishath Shuba Solih 22 Aug 2024

Bank of Maldives has invested in the 'Sanabil' Building Project of the Islamic University of Maldives (IUM). With the bank's permanent subscription to the Sukuk in order to raise funds in 2024 to cons...

BML extends window to apply for its 'Bank Fund' once again

edition.mv/news/35444
Aishath Shuba Solih 18 Aug 2024

Bank of Maldives (BML) has once again announced it is accepting applications for the 'Bank Fund' introduced by Bank of Maldives (BML) to aid the community, empower agencies and offer financial aid for...

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