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...
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...
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...
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...
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...
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...
The civil lawsuit filed against Addu City Mayor Ali Nizar over non-repayment of a loan withdrawn jointly with another individual from the Bank of Maldives (BML) has been dropped subsequent to the repa...
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...
Bank of Maldives (BML) has announced reducing its student Kiyavaa Loan and Islamic Education Financing rate to 5 percent effective from Wednesday.
The bank said this change will apply to both new and...
Bank of Maldives has announced the reduction of its student “Kiyavaa” Loan and Education Financing rate to 5% effective from Wednesday, February 1.
The reduced rate is applicable for both new and exis...
