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European Central Bank says rates will remain low for months

en.sun.mv/49663
09 Sep 2018

FRANKFURT, Germany (AP) — The European Central Bank is stressing that interest rates will stay low well into next year even as the U.S. Federal Reserve is expected to keep raising rates in coming mont...

Activists protest planned West Bank demolition

en.sun.mv/49367
09 Sep 2018

JERUSALEM (AP) — Israeli police scuffled with activists protesting the planned demolition of a Bedouin hamlet in the West Bank on Wednesday amid international opposition to the razing of the site. Pol...

Australia's largest bank to pay $531 million compliance fine

en.sun.mv/48908
09 Sep 2018

CANBERRA, Australia (AP) — The Commonwealth Bank of Australia, the nation's largest bank, said on Monday it has agreed to pay a 700 million Australian dollar ($531 million) fine for failing to comply...

New Mexico mourns bank executive killed on Southwest plane

en.sun.mv/48341
09 Sep 2018

ALBUQUERQUE, N.M. (AP) — Family, friends and community leaders are mourning the death of a bank executive on a Southwest Airlines jet that blew an engine as she was flying home from a business trip to...

Presidential candidate Solih vows to establish SME bank

raajje.mv/en/news/39818
Shan Anees 01 Sep 2018

The Joint Opposition’s presidential candidate Ibrahim Mohamed Solih has on Friday pledged to establish an ‘SME bank’ for small and medium enterprise development.   Speaking to local news station Raajj...

Gov signs USD 33.07 mln agreement with Asian Development Bank

edition.mv/news/6879
Nafaahath Ibrahim 16 Aug 2018

The government signed a USD 33.07 million agreement with the Asian Development Bank (ADB) to establish an innovative waste management system in the greater Male area on Thursday. A special signing cer...

2 Islamic Bank ATMs opened on Ameenee Magu

en.sun.mv/49805
06 Aug 2018

Maldives Islamic Bank (MIB) has opened two of its ATMs at Maldives National University (MNU)’s Faculty of Education, located on Ameenee Magu. The ATMs were opened by Acting CEO of MIB, Ahmed Riza and...

Bank loans up 13 percent in 2018 first quarter: MMA

edition.mv/business/6713
Fathmath Shaahunaz 05 Aug 2018

Maldives Monetary Authority (MMA) reported that the amount of loans issued by banks increased by 13 percent in the first quarter of this year. According to the central bank's quarterly bulletin, the l...

World Bank grants USD 12 mln for Maldives' public finance management project

edition.mv/news/6685
Fathmath Shaahunaz 01 Aug 2018

World Bank Group on Tuesday signed an agreement to grant USD 12 million for the public finance management project of the Maldives. At a ceremony held at the Ministry of Finance and Treasury, the contr...

World Bank grants US$12m for Maldives public finance management

maldivesindependent.com/...
01 Aug 2018

The World Bank has approved a US$12 million grant and credit to help improve the efficiency of the Maldives public finance management. The four-year project agreement was signed in Malé on Tuesday by ...

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