The main branch of BML in capital Male. PHOTO/BML
With a spike of 61 percent in net profit last year, the Maldives’ main bank has recorded a staggering profit of MVR 1 billion, marking the first time...
Capital Market Development Authority (CMDA) has issued a license to provide custodial services to Mauritius Commercial Bank Maldives Private Limited (MCB) today.
The license was issued to MCB at a cer...
Opening of BML’s self-service ATM in B. Dharavandhoo.
The Maldives’ main bank on Sunday unveiled its new self-service banking ATM established in the island of Dharavandhooo in Baa atoll.
In a statemen...
Bank of Ceylon has identified and announced 384 accounts which have been dormant for the past 5 years, and to be closed and all remaining funds transferred to Maldives Monetary Authority (MMA) unless...
Maldivian government reports bank account of 17 companies - including Villa - have been frozen over tax violations, refuting allegations it was an attempt to exert political influence.
Speaking during...
Maldivian government reports bank account of 17 companies - including Villa - have been frozen over tax violations, refuting allegations it was an attempt to exert political influence.
Speaking durin...
People buying US Dollars at MMA service counters in November 2016.
The Maldives’ central bank announced that its usable US Dollar reserves went up by six percent last month.
According to Maldives Mone...
State Bank of India Male Branch
State Bank of India (SBI) has issued a notice to abolish over 300 accounts that have been left dormant for long periods of time.
The notice issued by SBI states that th...
The Maldives Islamic Bank has launched a promotion ahead of the upcoming month of Ramadan.
The promotion will be enable employees of bank partners to secure goods through the bank for the holy month...
Bank of Maldives has opened up voting to select a CSR project to receive MVR 200,000 financing under BML’s ‘Aharenge Bank’ community program.
According to BML’s Public Relations Manager, Mr. Mohamed S...