Some staff working at State Bank of India’s (SBI) ADh. Maamigili branch is currently under investigation for bank fraud involving almost USD 400,000.
A trusted told Sun that the case involved a total...
Maldives Islamic Bank (MIB) has announced its service hours for the month of Ramadan.
In this regard, the bank said that their services will be provided for customers during Ramadan from 9:30am in the...
The Bank of Ceylon branch operating in the Maldives has decided to terminate 190 accounts that have been inactive for more than five years.
Bank of Ceylon stated the account holders have been notified...
Dubai-based Mojay Global Holding Limited has requested permission from the Maldives Monetary Authority (MMA) to establish a digital bank.
Mojay Global, a technology business company, submitted a propo...
Dubai-based Mojay Global Holding Limited has submitted their application to Maldives Monetary Authority (MMA) to open a digital bank in the Maldives.
Digital Bank of Maldives (DBM) is set to open unde...
The chief of Sri Lankan central bank Ajith Nivard Cabraal at a recent meeting with the country's bankers confirmed that the Sri Lankan Rupee is floated.
The recent development of the Sri Lankan curren...
State Trading Organisation (STO) has stated efforts are still ongoing to acquire the operating license for its digital bank.
STO announced last year that it was seeking the operating license for the f...
Maldives Islamic Bank (MIB) has expanded its services to B. Eydhafushi by opening an ATM center in the island.
The ATM was opened by MIB’s Acting CEO Ahmed Riza in a ceremony held in Eydhafushi on Mon...
Russia's central bank said Thursday in would intervene as the ruble tumbled to a record low and the Moscow Stock Exchange reopened down 14 percent after Moscow launched a military attack on Ukraine.
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Bank of Maldives (BML) has opened applications for scholarships as the first of a series of 12 high impact monthly community initiatives to celebrate the banks 40th anniversary in November this year....
