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Finance Ministry: BML has not yet decided to lower card limit for USD transactions

en.sun.mv/87566
12 Feb 2024

Bank of Maldives (BML) has reportedly provided assurance to Finance Ministry that the bank has not yet decided lower the limit for US dollar transactions on the bank’s debit and credit cards. Finance...

BML to lower card limit for USD transactions

en.sun.mv/87561
12 Feb 2024

The Bank of Maldives (BML) has decided to lower the limit for US dollar transactions on the bank’s debit and credit cards. The current monthly limits for USD transaction via the national bank’s debit...

BML Warns of a New Wave of Fake Bank Messages

edition.mv/news/31604
08 Feb 2024

Caution is advised as a new round of deceptive messages circulating under the guise of Bank of Maldives prompts heightened alertness. Individuals have reported receiving messages related to a scam ter...

BML Opens Applications for Three Director Roles

edition.mv/news/31544
06 Feb 2024

The BML board of directors is currently accepting applications for three director positions, specifically designated for individuals elected by general shareholders. Interested candidates, falling wi...

BML’s profit reached MVR 1.9 billion last year

edition.mv/news/31491
Aishath Shuba Solih 04 Feb 2024

Bank of Maldives (BML) had received a net profit of MVR 1.9 billion last year. The banks unaudited financial reports indicate a 17% increase in their profits in comparison to the previous year. BML co...

BML slashes overdue interest rates to 0.5 percent

en.sun.mv/87372
01 Feb 2024

Bank of Maldives (BML) has reduced overdue interest rates or fine for non-payment of loans issued by the bank to 0. 5 percent. BML’s Head of Public Relations Mohamed Saeed confirmed to Sun that that...

BML reduces interest rates of overdue loans to 0.5 percent

edition.mv/news/31439
Aishath Shuba Solih 01 Feb 2024

Overdue interest rates or penalties for failing to repay loans issued by Bank of Maldives (BML) have been decreased once again. BML said that the overdue interest rate charged by the bank has now been...

Ministry of Finance in talks with BML to Increase Dollar Limit for Students

themaldivesjournal.com/6...
01 Feb 2024

The Finance Ministry has decided to further discuss the implementation of the new dollar limit policy in respect of the government’s request as the Bank of Maldives (BML) is having difficulties in imp...

BML reduces student loan and financing rate to 2.5%

psmnews.mv/en/132339
29 Jan 2024

Bank of Maldives (BML) has announced a further reduction of its student Kiyavaa Loan and Education Financing rate to 2.5%. BML stated that the decision for the rate reduction was made by the Board of...

BML reduces student loan and financing rate to 2.5%

avas.mv/en/138986
29 Jan 2024

Bank of Maldives (BML) has announced a further reduction of its student Kiyavaa Loan and Education Financing rate to 2.5%, as agreed by the Board of Directors during their meeting on 24th January 2024...

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