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World Bank: Syria's arrears cleared, now eligible for new loans

en.sun.mv/96526
17 May 2025

The World Bank said it had cleared Syria's $15.5 million in outstanding debt after receiving payments from Saudi Arabia and Qatar, making the country eligible to apply for millions of dollars in grant...

Government Eyes Further World Bank Funding for Digitalisation Push

psmnews.mv/en/157576
14 May 2025

The Ministry of Homeland Security and Technology has expressed optimism over securing further assistance from the World Bank to support the Maldives’ digitalisation project. The Maldives is currently...

Maldives Seeks Additional World Bank Support for National Digitalization Drive

themaldivesjournal.com/8...
14 May 2025

The Ministry of Homeland has expressed optimism about securing further assistance from the World Bank to support the government’s ongoing national digitalization efforts. Speaking on a state media pro...

Bank of Maldives Launches Student Debit Card

psmnews.mv/en/157340
10 May 2025

Bank of Maldives (BML) has launched the country’s first BML Student Debit Card at a ceremony held in Hotel Jen on Saturday. According to BML, the Student Card, designed to help children learn practica...

BML Opens Applications for Bank Fund to Support Community Projects

psmnews.mv/en/156757
30 Apr 2025

Bank of Maldives (BML) has announced the opening of applications for the ‘Bank Fund,’ an initiative introduced last year to empower Non-Governmental Organisation (NGO)s to contribute to their communit...

Applications open for BML ‘Bank Fund’; NGOs can get MVR 200,000 grant

en.sun.mv/96250
30 Apr 2025

The Bank of Maldives (BML) on Wednesday opened applications for the ‘Bank Fund’, an initiative the national bank launched last year to empower NGOs, charity organization and clubs  to contribute to th...

Saudi Arabia, Qatar to pay off Syria’s $15M debt to World Bank

en.sun.mv/96189
28 Apr 2025

Saudi Arabia and Qatar have said that they will pay off Syria’s debt to the World Bank totalling $15 million. In a joint statement on Sunday, the two countries said that clearing Syria’s outstanding...

BML CEO Lauds Staff as the Bank’s “Most Valuable Asset”

psmnews.mv/en/156503
26 Apr 2025

CEO and Managing Director of Bank of Maldives (BML) Mohamed Shareef has described BML staff as the bank’s “most valuable asset.” Speaking during the BML Staff Awards held at Crossroads Maldives, Share...

Ahmed Ali Resigns from Development Bank Board Amid Leadership Changes

themaldivesjournal.com/8...
24 Apr 2025

Ahmed Ali has stepped down from his position as a Board Member of the Maldives Development Bank. The Privatization and Corporatization Board (PCB) confirmed that Ahmed Ali, appointed to the Bank’s boa...

Another board member of Development Bank resigns

en.sun.mv/96132
24 Apr 2025

Another board member of the Development Bank of Maldives (DBM) Limited has resigned on Wednesday. Privatization and Corporatization Board (PCB), on Thursday, said DBM board member Ahmed Ali, Ma. Ways...

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