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Maldives Central Bank Issues 34 New Foreign Exchange Licenses

psmnews.mv/en/162797
10 Aug 2025

Maldives’ central bank, the Monetary Authority of Maldives (MMA) has issued licenses to 34 new entities under the new Foreign Exchange Act. The MMA opened the license application process under the Mo...

Bank of Maldives Opens Applications for Startup Grant 2025

psmnews.mv/en/162693
08 Aug 2025

Bank of Maldives (BML) has announced the opening of applications for its Startup Grant for the year 2025. In celebration of BML Islamic’s 10th anniversary, a third business will be awarded the grant t...

Ex-MP Jamsheed ordered to pay over MVR 200,000 for bank loan

en.sun.mv/97842
31 Jul 2025

Former Kulhudhuffushi MP Jamsheed Mohamed has been ordered to pay over MVR 200,000 in unpaid dues for a soft loan withdrawn from Bank of Maldives (BML). BML filed the case against Jamsheed following...

Bank of Maldives Reports Strong Q2 Profit Growth, Expands Nationwide ATM Network

themaldivesjournal.com/8...
29 Jul 2025

Bank of Maldives (BML) announced a net profit of MVR 558 million for the second quarter of 2025, marking a 24 per cent increase compared to the same period last year. The bank’s operating profit for Q...

Bank of Maldives Announces Strong Second Quarter Results

psmnews.mv/en/162162
29 Jul 2025

Bank of Maldives (BML) has announced its financial results for the second quarter of 2025, with an Operating Profit of USD 51.2 million, marking a 13 percent increase compared to the same period last...

Palestinian activist killed by illegal Zionist settler in the occupied West Bank

en.sun.mv/97775
29 Jul 2025

The Palestinian Authority’s Education Ministry has said that an illegal Zionist settler killed a prominent activist linked to the Oscar-winning documentary No Other Land during an attack on a Palestin...

Maldives Central Bank Sanctions More Dollar Allocation to Support Local Businesses

psmnews.mv/en/161668
22 Jul 2025

Maldives’ central bank, Maldives Monetary Authority (MMA) has sanctioned dollar allocation to local banks by another 10 percent to facilitate more support for local businesses. The change will take ef...

Bank of Maldives Announces Recipients of Bank Fund 2025

psmnews.mv/en/161591
21 Jul 2025

Bank of Maldives (BML) has announced the winners of 'Bank Fund 2025', an initiative targeted to empower NGOs and drive sustainable development projects across the Maldives. The five recipients of BML’...

BML Bank Fund 2025: Five NGOs, including Diabetes Society, receive MVR 200,000 each

en.sun.mv/97591
21 Jul 2025

The Bank of Maldives (BML) has announced the recipients of funding for this year under of the BML Fund, an initiative the national bank launched last year to empower NGOs, charity organization and clu...

Cabinet approves sale of Government stake in SME Development Finance Corporation to Bank of Maldives

presidency.gov.mv/Press/...
20 Jul 2025

The Cabinet has approved the sale of the Government's stake in the SME Development Finance Corporation (SDFC) to the Bank of Maldives (BML). This strategic decision follows a thorough review of a res...

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Latest Articles

Excess paid as deposit for FDC flats to be omitted from rent

en.sun.mv/101715
4 hours ago

Warning issued over cargo boat adrift east of Gan

en.sun.mv/101714
5 hours ago

10 people rescued from boat cast adrift, including a child

en.sun.mv/101713
6 hours ago

Met warns of rough seas and thunderstorms tonight

en.sun.mv/101712
7 hours ago

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