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Maldives Islamic Bank Inaugurates New ATM Outlet

mbr.mv/6199/
Editorial 31 Jul 2019

Maldives Islamic Bank (MIB) has opened a new ATM outlet in Maafannu. The ATM was today inaugurated by Managing Director of MIB, Mr. Abdul Muhaimin. Services available at the newly-opened ATM outlet in...

Bank of Maldives implicated in MMPRC corruption scandal

maldivesindependent.com/...
29 Jul 2019

The presidential commission on corruption and asset recovery has disputed claims of innocence by the Bank of Maldives over its alleged role in enabling the theft of MVR1.4 billion (US$90 million) from...

Bank of Maldives loses bid to withhold information from corruption probe

maldivesindependent.com/...
Hassan Moosa 29 Jul 2019

The civil court on Monday refused to grant a stay order to allow Bank of Maldives staff to withhold information from the presidential commission on corruption and asset recovery.  The national bank so...

Maldives Islamic Bank commences sale of shares under IPO

mbr.mv/6165/
Editorial 28 Jul 2019

The Maldives Islamic Bank (MIB) on Sunday, 28 July commenced their sale of ordinary shares to interested parties under their Initial Public Offering. The bank earlier announced its plans of going publ...

Maldives Islamic Bank launches IPO

maldivesindependent.com/...
28 Jul 2019

The Maldives Islamic Bank has launched its Initial Public Offering on the Maldives Stock Exchange with the aim of raising MVR244 million (US$15.8 million), offering a 31 percent stake for public owner...

Maldives Islamic Bank Launches Initial Public Offering

mbr.mv/6127/
Editorial 25 Jul 2019

Maldives Islamic Bank (MIB) has launched Initial Public Offering (IPO) on the Maldives Stock Exchange (MSE). The IPO is expected to raise MVR 255 Million from the public by offering up to a maximum of...

Speaker asserts BML provided false info; bank says otherwise

avas.mv/en/67512
24 Jul 2019

Bank of Maldives (BML) has stated that the information given to the parliament by the bank conform with bank records. While BML said the information provided is accurate in a statement released Tuesda...

Bank of Maldives denies misinforming parliament

maldivesindependent.com/...
Mohamed Junayd 24 Jul 2019

The Bank of Maldives has flatly denied accusations that a top official deliberately misled parliament and committed perjury while testifying before the public accounts committee. The national bank rel...

Maldives central bank governor resigns

maldivesindependent.com/...
24 Jul 2019

Ahmed Naseer has resigned as governor of the Maldives central bank, two days after he was questioned by a parliamentary committee over alleged interference with the anti-money laundering watchdog. The...

Perjury charge sought against Bank of Maldives official

maldivesindependent.com/...
Mohamed Junayd 23 Jul 2019

Parliament will seek a police investigation of Bank of Maldives Deputy CEO Mohamed Shareef over alleged perjury, Speaker Mohamed Nasheed announced on Tuesday. Shareef is accused of providing false inf...

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