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BML CEO rejects political influence claims over expansion plans

psmnews.mv/en/178693
21 Apr 2026

The Chief Executive Officer of Bank of Maldives (BML) has rejected claims that the bank’s recent expansion strategies were politically motivated, amid growing speculation over possible government infl...

BML reports strong first quarter profit growth

psmnews.mv/en/178666
21 Apr 2026

The Bank of Maldives (BML) posted a net profit of USD 40.9 million in the first quarter of this year, according to its financial statements. This is a 26.9 percent increase from USD 32.2 million in th...

BML denies halting USD support for businesses

psmnews.mv/en/178633
20 Apr 2026

The Bank of Maldives (BML) has moved to quash widespread rumours that it has ceased providing US dollar support to local businesses for outgoing Telegraphic Transfers (TTs). In an official statement,...

BML reduces home construction equity requirement to five percent

psmnews.mv/en/177953
08 Apr 2026

Bank of Maldives (BML) has announced a significant reduction in the equity requirement for its Home Construction Financing, lowering the minimum own contribution to just 5 percent for projects valued...

BML disburses USD 365m to tourism sector

psmnews.mv/en/177793
06 Apr 2026

The Bank of Maldives (BML) has stated that USD 365 million has been disbursed to support the tourism sector over the past two years. In a statement, the bank said it continues to work to support the s...

Construction sector to drive 5 per cent GDP growth, BML chief says

psmnews.mv/en/177759
05 Apr 2026

A significant infusion of capital into the construction sector is projected to drive a 5 per cent expansion in the national gross domestic product, according to Mohamed Shareef, the chief executive of...

BML expands branches and launches USD ATMs nationwide

psmnews.mv/en/177567
02 Apr 2026

Bank of Maldives (BML) has marked the expansion of its services across the country, including an enhanced network of branches and the introduction of US dollar ATMs. At a special ceremony, President D...

BML CEO denies breach in treasury bill investments

psmnews.mv/en/177536
02 Apr 2026

The Chief Executive of the Bank of Maldives (BML), Mohamed Shareef, has said the bank has not breached any board-mandated standards in its investments in government treasury bills, responding to publi...

President inaugurates BML's new branch and ATM network expansion

presidency.gov.mv/Press/...
01 Apr 2026

President Dr Mohamed Muizzu has inaugurated the new branch network and expanded ATM services of the Bank of Maldives (BML). At a ceremony held at Barceló Nasandhura tonight, the President launched BM...

BML begins work on 364-unit housing project in Hulhumalé

psmnews.mv/en/177483
01 Apr 2026

The Bank of Maldives (BML) has inaugurated construction on a 364-unit residential development in Hulhumalé, marking a significant expansion of the nation’s housing infrastructure. The ceremony was pre...

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