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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...

World Bank delegation arrives in Maldives

edition.mv/news/8833
20 Jan 2019

The World Bank’s Vice President for South Asia Region, Hartwig Schafer, arrived in Maldives on January 17. The four-day trip marks Schafer's first visit to Maldives, during which he will meet with top...

World Bank President Jim Yong Kim announces his departure

en.sun.mv/51688
08 Jan 2019

WASHINGTON (AP) — Jim Yong Kim, the president of the World Bank, announced Monday he is resigning at the end of January. Kim's unexpected departure three years before his term was set to expire is lik...

City Councils to receive 15% share of SME Bank

mbr.mv/3330/
Hussein Ali 08 Jan 2019

Maldivian Ministry of Economic Development has revealed that City Councils will hold a total of 15% shares from the SME Bank, which is being developed by the government for Small and Medium Enterprise...

Addu City Council to hold stake in new SME bank

avas.mv/en/58495
07 Jan 2019

The council of the southernmost Addu City has passed a resolution to hold a five percent stake in the SME bank being established by the incumbent government. In the resolution submitted by Addu mayor...

Three city councils each to hold 15 percent in SME Bank

raajje.mv/en/news/47736
Shan Anees 03 Jan 2019

The three existing city councils in the Maldives will each have a 15 percent stake in the new SME Bank, Economic Minister Fayyaz Ismail has said. Minister Fayyaz said while speaking to RaajjeTV on Wed...

Yameen appeals freeze on his bank accounts

en.sun.mv/51443
24 Dec 2018

Leader of Progressive Party of Maldives (PPM) and former Maldivian President Abdulla Yameen Abdul Gayoom has appealed the court orders for a freeze on his bank accounts with the High Court. Speaking d...

Ex-pres Yameen appeals order to freeze bank accounts

edition.mv/news/8444
Fathmath Shaahunaz 24 Dec 2018

Former President Abdulla Yameen Abdul Gayoom has appealed the Criminal Court's order to freeze his bank accounts. At a press conference on Monday, the former president's lawyer Aishath Azima Shakoor d...

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