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Sri Lanka central bank governor quits as crisis worsens

edition.mv/world/24354
04 Apr 2022

Sri Lanka's central bank governor, who had resisted mounting calls for the island nation to seek an IMF bailout, announced his resignation Monday as protests escalated over a worsening economic crisis...

Israeli troops kill 3 Palestinians in West Bank gun battle

en.sun.mv/73870
02 Apr 2022

JERUSALEM (AP) — Israeli forces killed three Palestinian militants in a firefight in the occupied West Bank early Saturday, police said, raising fears of further escalation of violence during the Musl...

Israel raids West Bank, 2 Palestinians killed in gunbattle

en.sun.mv/73850
01 Apr 2022

JERUSALEM (AP) — Israeli forces raided a refugee camp in the occupied West Bank on Thursday, setting off a gunbattle in which two Palestinians were killed and 15 were wounded, as Israel targeted what...

Bank fraud by staff involving almost USD 400k surfaces at SBI Maamigili branch

en.sun.mv/73661
25 Mar 2022

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 announces service hours for Ramadan

en.sun.mv/73630
24 Mar 2022

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...

Bank of Ceylon to terminate dormant accounts

psmnews.mv/en/100346
24 Mar 2022

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 firm proposes to open a digital bank in Maldives

psmnews.mv/en/99940
14 Mar 2022

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's Mojay Global Holding Limited to open a digital bank in Maldives

edition.mv/business/2414...
Malika Shahid 10 Mar 2022

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...

Sri Lanka central bank confirms Rupee "floated"

edition.mv/news/24139
Mohamed Rehan 09 Mar 2022

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...

STO working on acquiring license for digital bank

psmnews.mv/en/99670
08 Mar 2022

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...

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