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Emergency motion filed on 'disappearance' of monies from BML accounts

en.sun.mv/81200
27 Feb 2023

An emergency motion has been submitted to the Parliament over increased cases of 'disappearance' of monies deposited by Bank of Maldives’ (BML) customers to their accounts – in order to bring the issu...

MNP to the parliament regarding increased BML fraudulence

edition.mv/news/27214
Malika Shahid 23 Feb 2023

The Maldives National Party (MNP) has filed a case in parliament regarding the increased incidents of people losing money from their Bank of Maldives (BML) accounts. The case, submitted by MNP Parliam...

BML brings changes to the rules for using QR codes

psmnews.mv/en/117106
21 Feb 2023

Bank of Maldives (BML) has changed the rules for using QR codes. BML stated that QR codes or scanned transactions are a common problem these days. This has raised public concern and complaints. To add...

BML announces changes to QR payment limits on Mobile Wallet

en.sun.mv/81093
21 Feb 2023

Bank of Maldives (BML), on Tuesday, has announced changes to the limits imposed on Mobile Wallet transactions made through QR payment option. The changes, effective today, are as follows; Maximum limi...

Customer funds will be recovered after information is revealed: BML

psmnews.mv/en/117058
20 Feb 2023

BML has assured that customers that have their information compromised will be able to recover any stolen funds. BML stated that it does not publish customer information but that merchants involved in...

Recovery loan repayment extended for 19 months: BML

psmnews.mv/en/116463
08 Feb 2023

Bank of Maldives (BML) has extended the grace period for its COVID-19 recovery loan. The grace period for BML recovery loan scheme borrowers has been extended to 19 months. The government introduced a...

BML to stop processing cheques over USD3,000 in April

psmnews.mv/en/116414
07 Feb 2023

Bank of Maldives (BML) has reiterated that it will stop processing cheques over USD3,000 in value from April 1. The national bank decided to introduce the value ceilings as part of the strategy of the...

High Court rules against BML in iCOM case

psmnews.mv/en/116296
05 Feb 2023

The High Court of the Maldives has ruled against Bank of Maldives (BML) in the case to appeal the request from Information commissioner's Office (iCOM) to disclose information on the salary of senior...

BML’s lawsuit against Addu Mayor Nizar dropped following loan repayment

en.sun.mv/80775
05 Feb 2023

The civil lawsuit filed against Addu City Mayor Ali Nizar over non-repayment of a loan withdrawn jointly with another individual from the Bank of Maldives (BML) has been dropped subsequent to the repa...

BML generates MVR 1.49B net profit in 2022

edition.mv/business/2700...
Mohamed Rehan 02 Feb 2023

Bank of Maldives (BML) reports annual net profit of MVR 1.49 billion in 2022. The bank observed a decline of MVR 374.3 million in net profit compared to 2021. BML reported a higher annual net profit i...

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