The first bank targeted for small and medium enterprises was inaugurated by President Ibrahim Mohamed Solih on Monday.
The SME bank, run by 100% state-owned SME Financing and Development Corporation,...
Maldives president Mr Ibrahim Mohamed Solih on Monday morning opened the first non-bank financial institution aimed specifically to fund micro, small and medium enterprises in the country.
The SME Fin...
BERLIN (AP) — Deutsche Bank, Germany's biggest bank, and domestic rival Commerzbank have decided to open talks on a possible merger, the lenders said Sunday in an announcement that followed months of...
President Ibrahim Mohamed Solih on Monday launched the services of the first bank dedicated to small and medium-sized enterprises in the Maldives.
The bank will allocate a portion of lending for youth...
The SME Development Finance Corporation Private Limited has decided to launch its services on Monday.
The SME Bank services will be launched by President Ibrahim Mohamed Solih at the National Art Gall...
The SME Bank – established by the State to enable financial facilities for small and medium enterprises – will begin loan issuance next week, says President Ibrahim Mohamed Solih.
Establishment of a b...
The Maldives Islamic Bank has introduced a MVR 250,000 credit facility for their customers.
The ‘Ujaalaa Dhiriulhun’ programme was introduced this week, and allow customers between the ages of 25 and...
Senior officials of central bank Maldives Monetary Authority (MMA) are being summoned to the parliament to be questioned over the report issued on the shocking scandal that saw millions of state funds...
The central bank’s governor and former heads of the Financial Intelligence Unit were questioned at a closed-door meeting of parliament’s public accounts committee on Tuesday.
The officials were summon...
Financing Business License has been granted to SME Development Finance Corporation Pvt Ltd, a 100% government owned company.
The license was issued to the state-owned company on Thursday, where 5% sh...
