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BML reduces home construction equity requirement to five percent

psmnews.mv/en/177953
5 hours ago

Bank of Maldives (BML) has announced a significant reduction in the equity requirement for its Home Construction Financing, lowering the minimum own contribution to just 5 percent for projects valued...

BML disburses USD 365m to tourism sector

psmnews.mv/en/177793
06 Apr 2026

The Bank of Maldives (BML) has stated that USD 365 million has been disbursed to support the tourism sector over the past two years. In a statement, the bank said it continues to work to support the s...

Construction sector to drive 5 per cent GDP growth, BML chief says

psmnews.mv/en/177759
05 Apr 2026

A significant infusion of capital into the construction sector is projected to drive a 5 per cent expansion in the national gross domestic product, according to Mohamed Shareef, the chief executive of...

BML expands branches and launches USD ATMs nationwide

psmnews.mv/en/177567
02 Apr 2026

Bank of Maldives (BML) has marked the expansion of its services across the country, including an enhanced network of branches and the introduction of US dollar ATMs. At a special ceremony, President D...

BML CEO denies breach in treasury bill investments

psmnews.mv/en/177536
02 Apr 2026

The Chief Executive of the Bank of Maldives (BML), Mohamed Shareef, has said the bank has not breached any board-mandated standards in its investments in government treasury bills, responding to publi...

President inaugurates BML's new branch and ATM network expansion

presidency.gov.mv/Press/...
01 Apr 2026

President Dr Mohamed Muizzu has inaugurated the new branch network and expanded ATM services of the Bank of Maldives (BML). At a ceremony held at Barceló Nasandhura tonight, the President launched BM...

BML begins work on 364-unit housing project in Hulhumalé

psmnews.mv/en/177483
01 Apr 2026

The Bank of Maldives (BML) has inaugurated construction on a 364-unit residential development in Hulhumalé, marking a significant expansion of the nation’s housing infrastructure. The ceremony was pre...

BML to add 540 units to affordable housing project

psmnews.mv/en/177478
01 Apr 2026

The Bank of Maldives (BML) will significantly expand its affordable housing initiative through the construction of 540 additional residential units, the institution’s chief executive officer, Mohamed...

President officiates groundbreaking for 364 housing units in Hulhumalé under BML Affordable Housing Project

presidency.gov.mv/Press/...
31 Mar 2026

President Dr Mohamed Muizzu has officiated the groundbreaking and commencement of works for 364 housing units to be developed in Hulhumalé Phase I under the Bank of Maldives (BML) Affordable Housing P...

BML averages USD 1.84 million in daily dollar sales throughout 2025

psmnews.mv/en/177412
31 Mar 2026

The Bank of Maldives oversaw an unprecedented expansion in foreign exchange liquidity over the past year, disbursing a total of USD 672.5 million to its clientele as demand for hard currency reached r...

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psmnews.mv/en/177953
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