The Maldives Islamic Bank has introduced a MVR 250,000 credit facility for their customers.
The ‘Ujaalaa Dhiriulhun’ programme was introduced this week, and allow customers between the ages of 25 and...
Senior officials of central bank Maldives Monetary Authority (MMA) are being summoned to the parliament to be questioned over the report issued on the shocking scandal that saw millions of state funds...
The central bank’s governor and former heads of the Financial Intelligence Unit were questioned at a closed-door meeting of parliament’s public accounts committee on Tuesday.
The officials were summon...
Financing Business License has been granted to SME Development Finance Corporation Pvt Ltd, a 100% government owned company.
The license was issued to the state-owned company on Thursday, where 5% sh...
The Maldives Islamic Bank (MIB) is preparing for their Initial Public Offering (IPO) after listing the financial institution at the local stock market.
An official speaking on behalf of the bank state...
The Maldives National Association of Construction Industry (MNACI) has stated that the Maldives needs an investment bank for the construction industry.
During the presentation in a session in the Busi...
Athif Shakoor, former chief of central bank Maldives Monetary Authority’s financial investigation unit, has been summoned to the People’s Majlis for questioning over the Anti-Corruption Commission’s (...
Maldives' graft watchdog is seeking prosecution against several senior officials of central bank, Maldives Monetary Authority (MMA) over the biggest corruption scandal in the history of the island nat...
The Bank of Maldives (BML) has launched its ‘Aharenge Bank Community Fund.’
The fund was launched in an initiative to provide financial assistance for individuals or non-profit based organizations.
Th...
A report publicized by the Anti-Corruption Commission (ACC) reveals that former President Abdulla Yameen’s dollar account in the Maldives Islamic Bank (MIB) was opened six days before the transfer of...