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Bank of Maldives inaugurates revamped AA. Atoll Education Centre Library

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Ahmed Aiham 23 Nov 2020

Bank of Maldives (BML) on Monday, inaugurated the revamped library at Alif Alif Atoll's Education Centre located in Rasdhoo, funded by its Corporate Social Responsibility initiative 'Aharenge Bank Com...

Q3 net profit up for Bank of Maldives

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Fathmath Shaahunaz 02 Nov 2020

The third quarter of 2020 marked a 15 percent increase in net profit for Bank of Maldives (BML), compared to the same period in 2019. According to BML's quarterly report, the bank earned MVR 258.7 mil...

Nasheed: China’s bank will not come here to seize assets even if we default on loans

en.sun.mv/63675
27 Oct 2020

Parliament Speaker, former President Mohamed Nasheed, on Tuesday, repeated his call to the Maldivian government to push international banks for deferment of state loans. The Whole House Committee’s re...

Palestinian teen dies after West Bank chase by Israeli army

en.sun.mv/63665
27 Oct 2020

RAMALLAH, West Bank (AP) — An 18-year-old Palestinian died early Sunday after being chased by Israeli troops in the West Bank, but the circumstances of his death remain in dispute. Relatives of Amer S...

Bank of Maldives introduces 'Digital PIN' service

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Ahmed Aiham 25 Oct 2020

Bank of Maldives, on Sunday, introduced its digital PIN service, enabling customers to digitally change and set their PIN for debit, credit and prepaid cards via BML's Internet Banking service. The mo...

Central bank temporarily cease money exchanger license

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Editorial 17 Oct 2020

Maldives Monetary Authority (MMA) confirms they will temporarily cease issuing new licenses for money exchanger businesses. Moreover, the central bank’s decision came on 17 October 2020, Saturday. In...

Central bank suspends issuance of money exchange licenses

avas.mv/en/90173
15 Oct 2020

The Central Bank has temporarily suspended issuing money exchange licenses to companies. Maldives Monetary Authority (MMA) said a large number of licenses have been issued in comparison to the populat...

BML announces winners of ‘Aharenge Bank Community Fund'

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Mariyam Malsa 15 Oct 2020

Bank of Maldives (BML), on Thursday, announced the winning proposals for the sixth round of it's 'Aharenge Bank' Community Fund, a nationwide campaign to empower individuals to contribute to society b...

Maldives and Exim Bank sign funding agreement for GMCP

psmnews.mv/en/76086
12 Oct 2020

Maldives and the Exim Bank of India have signed the USD 400 million Line of Credit Agreement as funding for the Greater Male Connectivity Project (GMCP). The agreement was signed by Minister of Financ...

Finance Minister disagrees with World Bank recommendation, says development projects vital for economic revival

en.sun.mv/63395
12 Oct 2020

Finance Minister Ibrahim Ameer said on Monday that infrastructure development projects must be continued for the Maldivian economy to overcome the losses it faces due to the ongoing COVID-19 pandemic....

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