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BML to facilitate transactions in Yuan and Dirham

en.sun.mv/89756
29 May 2024

Bank of Maldives BML)’s CEO, Managing Director Karl Stumke has revealed that efforts are underway to facilitate transactions in UAE’s Dirham (AED) and China’s Yuan (Renminbi). He announced the initi...

BML to pay out dividends at MVR 50 per share

edition.mv/news/33723
Malika Shahid 28 May 2024

Bank of Maldives (BML) shareholders have approved a divided payout of MVR 269 million at MVR 50 per share. The decision was taken at the bank's Annual General Meeting held at Jen Hotel this evening. T...

BML to payout record MVR 50 per share as dividends

en.sun.mv/89755
28 May 2024

Bank of Maldives (BML)’s shareholders have approved a record amount of MVR 50 per share dividend payout. The dividend payout was approved at the bank’s Annual General Meeting (AGM) held on Tuesday ni...

BML introduces first Shari'ah compliant credit card in Maldives

edition.mv/news/33700
Aishath Shuba Solih 28 May 2024

Bank of Maldives (BML) has launched a Shari'ah compliant credit card today. Operated within the American Express Card network, this new BML Islamic credit card launched today introduced a host of fore...

BML Islamic Launches Maldives' First Shari'ah Compliant Credit Card

themaldivesjournal.com/6...
28 May 2024

In a significant move towards financial inclusivity and innovation, BML Islamic has unveiled the Maldives' maiden Shari'ah-compliant Credit Card. This groundbreaking initiative marks a milestone in th...

BML issues record number of loans to SME's last 5 years

psmnews.mv/en/138031
27 May 2024

Bank of Maldives (BML) has revealed that last year saw the highest number of loans issued to Small and Medium Sized Enterprises (SMEs) over the past five consecutive years. Despite the global economic...

BML issues MVR 5 bil in loans in 2023

en.sun.mv/89717
26 May 2024

Bank of Maldives (BML) has reported issuing a total of MVR 5 billion in loans in 2023. According to BML, despite inflation rate hikes and geopolitical tensions globally, the Maldives economic growth...

BML issued MVR 5 billion in loans last year

edition.mv/news/33670
Ameera Osmanagic 26 May 2024

Bank of Maldives (BML) issued MVR 5 billion (USD 324.68 million) in loans during 2023, the bank revealed. BML's Director of Retail, Business and SME Banking Moosa Nimal detailed that out of all the lo...

Zareer resigns from his post as Chairperson of BML

edition.mv/news/33595
Aishath Shuba Solih 23 May 2024

Hassan Zareer who the parliament cleared to assume the position of Commissioner General of Taxation has resigned from his current position of Chairperson of Bank of Maldives (BML). BML stated that the...

Zareer resigns from BML to take over MIRA

en.sun.mv/89641
23 May 2024

Hassan Zareer has resigned from his post as the chairperson of the Bank of Maldives (BML). In a statement on Thursday morning, the national bank said Zareer resigned from the bank’s board as the Parl...

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