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...
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...
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,...
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...
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...
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...
Aerial view of Maldives Monetary Authority (MMA) in capital Male.
The central bank, MMA, reported that the loans released for tourism investments has led to an increase of 15 percent in the amount of...
Agreement signing for the opening of Bank of Ceylon branch in Hulhumale. PHOTO/HDC
Bank of Ceylon’s (BOC) is planning to open a second branch in the Maldives.
The new BOC branch is to be located in th...
Maldives Islamic Bank (MIB) has introduced mobile banking and launched its mobile banking application - Faisa Mobile.
Faisa Mobile app was launched in a function held at Hotel Jen last Tuesday night b...
Aerial view of Maldives Monetary Authority (MMA) in capital Male.
In 2017, the profits earned by Banks operated in Maldives decreased by 17 percent.
The annual report delivered by Maldives Monetary Au...
