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Maldives to get US$12 million World Bank package

maldivesindependent.com/...
09 Jun 2018

The World Bank is giving the Maldives a US$12 million financial package to improve the efficiency of its public finances and services. The finance ministry has made progress in reducing the fiscal def...

Islamic Bank's ATM installed at Velana International Airport

en.sun.mv/48834
29 May 2018

An ATM machine of the Maldives Islamic Bank (MIB) has been installed at Velana International Airport.  The machine installed near the Ooredoo shop near the International Arrival Gate and the Domestic...

Bank loans up in 2017 with increased lending for tourism

en.mihaaru.com/bank-loan...
Rae Munavvar 10 May 2018

Aerial view of Maldives Monetary Authority (MMA) in capital Male. The central bank, MMA, reported that the loans released for tourism investments has led to an increase of 15 percent in the amount of...

Bank of Ceylon to open branch in Hulhumale

en.mihaaru.com/bank-of-c...
Nafaahath Ibrahim 10 May 2018

Agreement signing for the opening of Bank of Ceylon branch in Hulhumale. PHOTO/HDC Bank of Ceylon’s (BOC) is planning to open a second branch in the Maldives. The new BOC branch is to be located in th...

Maldives Islamic Bank launches mobile banking

en.sun.mv/48636
09 May 2018

Maldives Islamic Bank (MIB) has introduced mobile banking and launched its mobile banking application - Faisa Mobile. Faisa Mobile app was launched in a function held at Hotel Jen last Tuesday night b...

Maldives’ Bank reports decrease in 2017 profits

en.mihaaru.com/bank-prof...
Nafaahath Ibrahim 07 May 2018

Aerial view of Maldives Monetary Authority (MMA) in capital Male. In 2017, the profits earned by Banks operated in Maldives decreased by 17 percent. The annual report delivered by Maldives Monetary Au...

Central bank administers financial institutions to curb money laundering

en.mihaaru.com/central-b...
Nafaahath Ibrahim 06 May 2018

Maldives Monetary Authority (MMA) building in the capital Male. MIHAARU FILE PHOTO/MOHAMED SHARUHAAN Maldives Monetary Authority (MMA) revealed that they have done an onsite administration of two bank...

Central bank governor concerned over mounting national debt

maldivesindependent.com/...
30 Apr 2018

The central bank governor on Monday expressed concern over the Maldives’ mounting national debt. Local media reported that Ahmed Naseer, who heads up the Maldives Monetary Authority, insisted that the...

Central bank governor concerned over mounting national debt

maldivesindependent.com/...
30 Apr 2018

The central bank governor on Monday expressed concern over the Maldives’ mounting national debt. Local media reported that Ahmed Naseer, who heads up the Maldives Monetary Authority, insisted that the...

Let it go: Villa Group bank accounts no longer frozen

maldivesindependent.com/...
25 Apr 2018

Villa Group’s bank accounts have been unfrozen following a favourable Supreme Court ruling for the troubled conglomerate, which is owned by the self-exiled Jumhooree Party leader Gasim Ibrahim. Mihaar...

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