The Islamic Development Bank has pledged facilities worth more than US$117 million to finance infrastructure and waste management projects.
Finance Minister Ahmed Munawar secured the funds during meet...
Maldives Monetary Authority unveiled the new 5 Rufiyaa Polymer Bank Note at a special ceremony this morning at Iskandhar School led by governor Dr. Azeema Adam. The design of the note was based on com...
Bank of Maldives has today signed an agreement with five leading higher education institutions to collaborate in a program to provide students with practical knowledge of the workplace. The program, “...
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...
