Bank of Ceylon (BOC) is to unveil its second branch in the Maldives, located in the reclaimed suburb of Hulhumale’, on Thursday.
BOC's Country Manager to the Maldives, B K Gurusinghe, stated that all...
SEBRING, Fla. (AP) — A former prison guard trainee who recently moved to Florida from Indiana killed five people during a standoff at a small town bank before surrendering to a SWAT team that stormed...
A. E. Abdul Muhaimen, a Bangladesh citizen, has been appointed CEO and MD of Maldives Islamic Bank (MIB).
The MIB announced the appointment in a press statement last Monday.
Muhaimen had been serving...
The World Bank’s Vice President for South Asia Region, Hartwig Schafer, arrived in Maldives on January 17.
The four-day trip marks Schafer's first visit to Maldives, during which he will meet with top...
WASHINGTON (AP) — Jim Yong Kim, the president of the World Bank, announced Monday he is resigning at the end of January.
Kim's unexpected departure three years before his term was set to expire is lik...
Maldivian Ministry of Economic Development has revealed that City Councils will hold a total of 15% shares from the SME Bank, which is being developed by the government for Small and Medium Enterprise...
The council of the southernmost Addu City has passed a resolution to hold a five percent stake in the SME bank being established by the incumbent government.
In the resolution submitted by Addu mayor...
The three existing city councils in the Maldives will each have a 15 percent stake in the new SME Bank, Economic Minister Fayyaz Ismail has said.
Minister Fayyaz said while speaking to RaajjeTV on Wed...
Leader of Progressive Party of Maldives (PPM) and former Maldivian President Abdulla Yameen Abdul Gayoom has appealed the court orders for a freeze on his bank accounts with the High Court.
Speaking d...
Former President Abdulla Yameen Abdul Gayoom has appealed the Criminal Court's order to freeze his bank accounts.
At a press conference on Monday, the former president's lawyer Aishath Azima Shakoor d...