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Bank of Maldives report BPT up by 16 percent

edition.mv/news/6623
25 Jul 2018

Bank of Maldives (BML) has posted positive financial results for the first six months of 2018 with Profit Before Tax (BPT) of MVR 687 million, up 16 percent from the same period last year. Following a...

Mr Dilan Rajapakse | Chief Executive Officer and Managing Director of Commercial Bank of Maldives

corporatemaldives.com/mr...
Corporate Maldives 17 Jul 2018

With more than 30 years of experience working in the banking sector of Sri Lanka and Bangladesh, Mr Dilan Rajapakse brings his unparalleled expertise in improving operational excellence and streamlini...

Maldives central bank reports jump in Q1 tourism income

avas.mv/en/51213
Mohamed Rehan 09 Jul 2018

Maldives Monetary Authority (MMA) survey has reported tourism industry income for first quarter of 2018 has jumped significantly. The MMA publicized survey indicates tourism sector of Maldives generat...

Maldives reserve up 59 percent, central bank says

avas.mv/en/50716
28 Jun 2018

Maldives' gross international reserves registered a growth of 59 percent at the end of April, the country's central bank has said. According to Maldives Monetary Authority (MMA) monthly economic high...

Amendment submitted to change duration period of Bank’s Board of Directors

corporatemaldives.com/am...
Corporate Maldives 28 Jun 2018

Ruling Party member Jameel Usman has submitted amendments to Maldives Banking Act (24/2010). Amendments to Article 15 (b) is a change to the duration of the board members. The newly submitted amendmen...

Maldives to get USD12 mln World Bank package to boost public finance system

avas.mv/en/49941
12 Jun 2018

The World Bank are set to give a USD12 million financial package to the Maldives to strengthen the archipelago’s public sector financial management systems. Building on the existing Public Financial...

USD12 mln by World Bank for Maldives' public sector financial management

edition.mv/news/6173
Fathmath Shaahunaz 11 Jun 2018

World Bank has decided to grant a USD 12 million financial package to the Maldives, in order to strengthen the island nation's public sector financial management systems. According to a press release,...

Maldives in discussion with Malaysia’s SME bank

corporatemaldives.com/ma...
Corporate Maldives 10 Jun 2018

In order to develop the small and medium enterprises in Maldives, representatives from the Ministry of Economic Development held discussions with Malaysia’s Small Medium Enterprise Development Bank. L...

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...

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