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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...

Parliament reconsiders perjury charges against top Bank of Maldives official

maldivesindependent.com/...
22 Jul 2019

Parliament will consider withdrawing a request to investigate and and seek charges against Bank of Maldives Deputy CEO Mohamed Shareef for allegedly providing false information to an oversight committ...

Bank of Maldives deflects blame over corruption scandal

maldivesindependent.com/...
Mohamed Junayd 17 Jul 2019

Officials from the Bank of Maldives on Tuesday defended the bank’s role in the country’s biggest corruption scandal, seeking to deflect blame to the central bank’s anti-money laundering watchdog. More...

Bank of Maldives appoints new Chief Executive Officer

edition.mv/business/1150...
Raif Amyl Jalyl 15 Jul 2019

Bank of Maldives (BML) on Sunday announced that Timothy Sawyer was appointed as its new Chief Executive Officer. According to the bank, Sawyer has over 30 years of international experience in financia...

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