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The civil lawsuit filed against Addu City Mayor Ali Nizar over non-repayment of a loan withdrawn jointly with another individual from the Bank of Maldives (BML) has been dropped subsequent to the repa...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

BML reduces Kiyavaa Loan and Islamic Education Financing rates

edition.mv/business/2701...
Mohamed Rehan 02 Feb 2023

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...

BML reduces Kiyavaa Loan and Education Financing rate to 5%

mbr.mv/17662/
Editorial 02 Feb 2023

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...

BML reduces 'Kiyavaa' loan and education financing rate

avas.mv/en/127961
02 Feb 2023

Bank of Maldives (BML) has announced the reduction of its student Kiyavaa Loan and Education Financing rate to 5% effective today. The reduced rate is applicable for both new and existing facilities....

BML slashes interest rate of Kiyavaa Loan to 5 percent

en.sun.mv/80699
01 Feb 2023

Bank of Maldives (BML), on Wednesday, announced the reduction of its student Kiyavaa Loan and Education Financing rate to five percent effective immediately. As per the national bank, the reduced rate...

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