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The Maldives Monetary Authority (MMA) plans to amend the Foreign Exchange Act to require resorts to convert 20 per cent of their total foreign currency revenue into Maldivian Rufiy...
Bank of Maldives (BML) has revised its Forex Investment scheme, announcing that both the principal investment and investment returns under its US Dollar investment pools will now b...
Bank of Maldives (BML) says it has sold a record volume of US dollars to customers over the past two and a half years, with total foreign currency sales increasing by 77% compared...
Bank of Maldives (BML) sold more than US$478 million in foreign currency to businesses and individuals during the first six months of 2026, according to the bank’s second-quarter f...
Bank of Maldives (BML) has decided to increase its US dollar allocations for Telegraphic Transfers (TTs) for three weeks following a move by the Maldives Monetary Authority (MMA) t...
The Maldives Association of Tourism Industry (MATI) has raised concerns over the government’s plan to require resorts to convert 40% of their total foreign currency sales through d...
Bank of Maldives (BML) recorded a net profit after tax of MVR 1.3 billion during the first six months of 2026, an increase of 21% compared with the same period last year. The bank...
Bank of Maldives (BML) has officially entered into an agreement with iRunners to serve as the Exclusive Banking Partner for the Maldives Half Marathon 2026 (MHM26). The event is sc...
Bank of Maldives has highlighted the International Accounts capability available on its digital wallet, Swipe. Maldivian customers can open an International Account with a unique I...
Bank of Maldives (BML) has opened seven branches, reinforcing its commitment to expanding access to banking services across the Maldives. The branches were formally inaugurated Wed...
Bank of Maldives (BML) on Sunday announced financing in US dollars for Maldivians to pursue professional qualifications as well as make fee payments associated with professional qu...
Finastra, a global leader in financial services software, on Tuesday announced that the Bank of Maldives (BML) has selected Finastra Essence to modernise its core banking operation...
Bank of Maldives (BML) plays a central role in financing businesses, supporting national infrastructure and providing access to financial services across the country, its Managing...
Mohamed Shareef, CEO and Managing Director of Bank of Maldives (BML), has been appointed Chairman of the Asian Bankers Association (ABA), becoming the first Maldivian to hold the p...
Bank of Maldives (BML) has achieved the Guinness World Records title for the most people snorkelling simultaneously at a single venue with 314 participants taking part in the recor...
Bank of Maldives (BML) on Wednesday announced the launch of Liveaboard Finance, a dedicated financing solution for the Maldives’ liveaboard tourism segment. The facility covers the...
Visit Maldives Corporation (VMC) has announced a partnership with Switzerland-based CEGStake AG to bring the inaugural Digital Ownership Summit 2026 to the Maldives, creating a foc...
Bank of Maldives (BML) has announced the recipients of ‘Bank Fund 2026’, an initiative aimed at empowering NGOs and supporting sustainable community development projects across the...
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