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Central bank officials under ACC scrutinization

avas.mv/en/60630
20 Feb 2019

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...

BML launches ‘Aharenge Bank Community Fund’

mbr.mv/3973/
Mohamed Rehan 20 Feb 2019

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...

Yameen's bank account opened six days before transfer of laundered money

raajje.mv/en/news/50416
Aishath Shaany 14 Feb 2019

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...

World Bank Director pays courtesy call on Vice President

raajje.mv/en/news/50221
Zunana Zalif 11 Feb 2019

The World Bank is committed to help the Maldives government on a number of areas such as renewable energy, waste management and public finance management, says The World Bank Director to the Maldives ...

Maldives central bank seeks vendors for new payment system

maldivesindependent.com/...
11 Feb 2019

The Maldives Monetary Authority is seeking vendors for a new payment system development project. The central bank described the Maldives Payment System Development as a “three-phase initiative to tran...

Sea deposits create bank at Nellaidhoo harbour

raajje.mv/en/news/50013
Shan Anees 08 Feb 2019

Sea deposits at the harbour in Nellaidhoo island of the northern Haa Dhaal atoll has created a sand bank there.  Mohamed Ilham, deputy president of the island’s local government council, said that the...

Palestinians, Israeli troops clash in West Bank, Gaza

en.sun.mv/52165
02 Feb 2019

JERUSALEM (AP) — Palestinian protesters and Israeli troops skirmished Friday as hundreds demonstrated against violence by Jewish settlers in the Israeli-occupied West Bank and thousands more against a...

Bank of Ceylon to unveil Hulhumale branch

edition.mv/business/8995
30 Jan 2019

Bank of Ceylon (BOC) is to unveil its second branch in the Maldives, located in the reclaimed suburb of Hulhumale’, on Thursday. BOC's Country Manager to the Maldives, B K Gurusinghe, stated that all...

Police: Former prison guard trainee kills 5 in Florida bank

en.sun.mv/51999
24 Jan 2019

SEBRING, Fla. (AP) — A former prison guard trainee who recently moved to Florida from Indiana killed five people during a standoff at a small town bank before surrendering to a SWAT team that stormed...

Abdul Muhaimen appointed CEO and MD of Maldives Islamic Bank

en.sun.mv/51954
22 Jan 2019

A. E. Abdul Muhaimen, a Bangladesh citizen, has been appointed CEO and MD of Maldives Islamic Bank (MIB). The MIB announced the appointment in a press statement last Monday. Muhaimen had been serving...

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