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Repayment Culture Will Decide Fate of Housing Finance Schemes, BML Chief Warns

psmnews.mv/en/166554
10 Oct 2025

The durability of housing finance programmes is contingent on disciplined loan repayment, the Chief Executive Officer of the Bank of Maldives (BML), Mohamed Shareef, warned this week, cautioning again...

BML approves low-interest Hiyaavehi housing loans: 1,400 applications in process

en.sun.mv/99768
09 Oct 2025

Bank of Maldives (BML) has begun approving loans under the government-subsidized Hiyaavehi housing loan scheme, which offers financing at a five percent interest rate for individuals seeking to build...

BML expects to wrap up nationwide ATM service expansion in October

en.sun.mv/99755
09 Oct 2025

The Bank of Maldives (BML) says it expects to finish establishing ATMs across all inhabited islands of the Maldives in October. The BML has opened a self-service banking ATM in Mandhoo on Wednesday,...

BML expands ATM services to entire South Ari atoll

en.sun.mv/99671
06 Oct 2025

Bank of Maldives (BML), the national bank, is set to significantly expand its ATM services this week, reaching all islands in the Alifu Dhaalu atoll. The rollout commenced on Monday in Dhidhdhoo isla...

BML drops home purchase financing equity to 5%

en.sun.mv/99547
01 Oct 2025

Bank of Maldives (BML) on Wednesday announced the reduction of equity requirement for its home purchase financing to 5 percent. According to BML, this change represents a substantial reduction from t...

BML expands ATM services across R. Atoll

en.sun.mv/99513
30 Sep 2025

The Bank of Maldives (BML) opened a self-service banking ATM in Fainu on Monday, marking the expansion of ATM services across all inhabited islands of R. Atoll. The new ATM was established as part of...

BML Drives Financial Inclusion with Alifushi Branch, Extensive ATM Network Across Raa Atoll

psmnews.mv/en/165908
29 Sep 2025

The Bank of Maldives (BML) has significantly expanded its commitment to nationwide financial inclusion, with the groundbreaking on a new branch in Alifushi, Raa Atoll and the widespread inauguration o...

President Announces Major Dollar Limit Hike on BML Credit Cards From February

psmnews.mv/en/165906
29 Sep 2025

The Bank of Maldives (BML) is set to significantly increase the dollar limits available on customer credit cards beginning 1 February next year, following a key announcement made by President Dr Moham...

USD limits on BML’s credit cards will increase in Feb 2026, says President

en.sun.mv/99486
29 Sep 2025

The current limits on US dollar transaction on Bank of Maldives (BML)’s credit cards will be significantly increased starting February next year, according to President Dr. Mohamed Muizzu. The decisi...

BML breaks ground for new Alifushi branch; opens ATM center in Vaadhoo

en.sun.mv/99485
29 Sep 2025

The Bank of Maldives (BML) opened a self-service banking ATM in Vaadhoo on Monday, marking the beginning of efforts to launch ATM services across all inhabited islands of R. Atoll. The new ATM was es...

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