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Foundation laid to develop 182 housing units by BML

psmnews.mv/en/177309
29 Mar 2026

The foundation has been laid for a 182-unit housing project in Hulhumalé, developed by the Bank of Maldives (BML) as part of its affordable housing initiatives. President Dr Mohamed Muizzu officiated...

President officiates groundbreaking for 182 housing units in Hulhumalé under BML Affordable Housing Project

presidency.gov.mv/Press/...
29 Mar 2026

President Dr Mohamed Muizzu has officiated the groundbreaking and commencement of works for 182 housing units to be developed in Hulhumalé Phase I under the Bank of Maldives (BML) Affordable Housing P...

Regulators see a path to growth through broader access to BML equity

psmnews.mv/en/177175
28 Mar 2026

The Bank of Maldives has proposed a comprehensive equity restructuring that financial regulators contend will serve as a critical catalyst for the nation’s developing capital market. The initiative, i...

BML Affordable Housing Project in Villimale’ to create opportunities for generations

psmnews.mv/en/177072
26 Mar 2026

Minister of Construction, Housing and Infrastructure, Dr Abdulla Muththalib has stated that the 300 housing units to be developed in Villimale’ under the Bank of Maldives (BML) Affordable Housing Proj...

President officiates groundbreaking for 300 housing units in Vilimalé under BML Affordable Housing Project

presidency.gov.mv/Press/...
26 Mar 2026

President Dr Mohamed Muizzu has officiated the groundbreaking for 300 housing units to be developed in Vilimalé under the Bank of Maldives (BML) Affordable Housing Project. The ceremony was held tonig...

USD foreign exchange sales increased by 70 percent in 2025: BML

psmnews.mv/en/177042
26 Mar 2026

The Chief Executive Officer and Managing Director of Bank of Maldives (BML), Mohamed Shareef, has revealed that the bank increased its USD foreign exchange sales by 70 percent last year. According to...

BML seeks expansion into Sri Lanka, applies for banking license

psmnews.mv/en/176966
25 Mar 2026

In a significant move toward regional expansion, the Bank of Maldives (BML) has formally applied for a license to open a branch in Sri Lanka, CEO and Managing Director Mohamed Shareef has revealed. Hi...

BML to cap affordable housing rent at one-third of market rate

psmnews.mv/en/176961
25 Mar 2026

The Bank of Maldives (BML) has officially launched construction of over 1,000 affordable housing units as part of its landmark BML Affordable Housing Project, with CEO and Managing Director Mohamed Sh...

President inspects CMEC site for BML Affordable Housing Project

psmnews.mv/en/176776
22 Mar 2026

President Dr Mohamed Muizzu visited the China Machinery Engineering Corporation (CMEC) site in Hulhumale’ Phase II to inspect preparations for the commencement of the BML Affordable Housing Project. T...

BML tackles Maldives’ biggest social challenge with new housing project

psmnews.mv/en/176724
22 Mar 2026

The Bank of Maldives (BML)’s Chief Executive Officer (CEO) and Managing Director Mohamed Shareef has stated that the bank’s participation in the government’s housing initiative is not driven by profit...

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