Search results for Bank Of Maldives

Bank of Maldives reports 27% increase in net profit to MVR 631 million in Q1 2026

Bank of Maldives (BML) recorded a net profit after tax of MVR 631 million for the first quarter of 2026, reflecting a 27% increase compared to the same period last year, according...

Bank of Maldives concludes global investor roadshow, eyes international debt markets

Bank of Maldives (BML) has successfully concluded a series of non-deal roadshow meetings with institutional investors from 29th April to 8th May 2026 across key international finan...

Bank of Maldives continues as Banking Partner for Hotelier Maldives events in 2026 for second year

Hotelier Maldives has announced that Bank of Maldives will continue as the Banking Partner for its key industry events in 2026, marking the second consecutive year of partnership....

Bank of Maldives renews partnership with Maldives Surfing Association

Bank of Maldives (BML) has renewed its partnership with Maldives Surfing Association (MSA) as its development partner. Under the partnership, the Bank will continue as the official...

BML links cards to immigration data for overseas transactions

Bank of Maldives on Saturday announced new controls on foreign card transactions through a digital integration with Maldives Immigration. Under the new system, cards issued by the...

BML says tourism loan portfolio reached $585 million in Q1 2026

Bank of Maldives (BML) has said it continued lending to the tourism sector, with new loans amounting to USD 365 million from 2024 to the current period. In a statement issued to cl...

Bank of Maldives launches 7.5% home financing for tourism employees

Bank of Maldives (BML) has announced the launch of a new home financing facility designed for employees in the tourism sector who earn income in US dollars. The product offers one...

Bank of Maldives cuts home construction equity requirement to 5%

Bank of Maldives has announced a significant reduction in the equity requirement for its Home Construction Financing, lowering minimum own contribution to just 5% for projects valu...

Bank of Maldives partners with Special Olympics Maldives to support inclusive sports

Bank of Maldives (BML) has announced its partnership with Special Olympics Maldives (SOM), aimed at supporting inclusivity in sports across the Maldives. The initiative reflects th...

45 years in Maldives: Manjula Herath on leadership, trust and Bank of Ceylon’s next chapter

On 7 May 2026, Bank of Ceylon Maldives marked 45 years of continuous presence in the country — a milestone that reflects not only the bank’s longevity, but also its enduring role i...

BML says USD net open position restored to positive levels

Bank of Maldives (BML) has said its Net Open Position (NOP) in United States dollars, which had deteriorated from December 2020, was restored to positive levels during the course o...

MINDCo and Bank of Maldives launch Maldives AI Lab

MINDCo and Bank of Maldives (BML) have jointly launched the Maldives AI Lab, the National AI and Data Competency Centre, as a key initiative under the Maldives 2.0 Digital Transfor...

Bank of Maldives signs partnership agreement with Singapore Management University

Bank of Maldives (BML) has signed a Memorandum of Understanding with Singapore Management University (SMU) to strengthen their strategic partnership in leadership development, prof...

BML begins Chartered Banker Programme with first cohort of 30 employees

Bank of Maldives (BML) has officially commenced its Chartered Banker Programme, with the objective of deepening the pool of existing certified expertise. The initiative follows a M...

Bank of Maldives supports sensory classroom at Aminiya School

Bank of Maldives (BML) has supported the development of a Sensory classroom named “IWonder” at Aminiya School as part of its ongoing efforts to support various sectors of the commu...

Bank of Maldives invites NGOs to apply for Bank Fund 2026 grants

Bank of Maldives (BML) on Wednesday announced the opening of applications for the Bank Fund 2026, its annual grant programme designed to support registered NGOs across the Maldives...

Bank of Maldives partners with WeRun Maldives for corporate relay race

Bank of Maldives (BML) has announced a two-year partnership with WeRun Maldives to support their premier corporate relay race, reinforcing the Bank’s commitment to promoting wellne...

MATI chairman applauds BML’s continued support to tourism sector

Maldives Association of Tourism Industry (MATI) Chairman Hussain Afeef has praised Bank of Maldives (BML) for its continued support to the country’s tourism sector, noting the bank...

Minister Zameer says BML roadshow supports next phase of growth

Minister of Finance and Public Enterprises Moosa Zameer has described Bank of Maldives’ (BML) recent non-deal roadshow as a strategic initiative aimed at supporting the bank’s cont...

SME Digital unveils SME360 initiative to support Maldivian entrepreneurs

SME Digital, the leading provider of financing solutions for the development of small and medium-sized enterprises (SMEs) in the Maldives, officially launched its brand campaign, “...

BML awards sports scholarship to surfer Sayyid Salahuddin

The Bank of Maldives (BML) has announced the recipient of its Sports Scholarship programme. The scholarship has been awarded to Sayyid Salahuddin for surfing. Under the programme,...

Mal receives in-principle approval for bank licence from CBUAE

BML and MINDCO open registration for Collab 26 Hackathon

Bank of Maldives (BML) and Maldives Innovation and Digital Company (MINDCO) have opened registration for the “Collab 26 Hackathon”, a two-day event focused on digital innovation an...

Sushanta Kumar Mohanty takes charge as ED of Bank of Maharashtra

Prior to his elevation as ED, Mohanty was Chief General Manager at Bank of Baroda.