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 continued growth and its role in financing the next phase of the country’s economic expansion.
His remarks come as BML engages with institutional investors in international financial centres as part of efforts to explore external financing opportunities through the debt capital markets.
Zameer said the initiative should be understood as a capital-raising effort by the bank rather than a sovereign financing exercise, while also underscoring the government’s confidence in BML’s position within the domestic financial system.
“The Bank of Maldives’ non-deal roadshow is a strategic initiative to support the Bank’s continued growth and its role in financing the next phase of the Maldives’ economic expansion. This is not a sovereign borrowing exercise; it is a capital-raising effort by BML, backed by the Government’s strong confidence in the Bank as a stable and systemically important institution to the Maldivian economy,” said Moosa Zameer, Minister of Finance and Public Enterprises.
The minister’s statement places the roadshow within the wider context of BML’s efforts to strengthen its funding sources and expand its capacity to support key sectors of the economy, including tourism.
As the country’s largest bank, BML plays a significant role in financing business activity and supporting investment across sectors. Access to external funding could further reinforce the bank’s ability to meet rising demand for credit and provide support for future development.
Zameer’s comments also signal official confidence in the bank’s financial standing and its importance to the Maldivian economy. By distinguishing the initiative from sovereign borrowing, the minister sought to clarify the purpose of the roadshow while framing it as part of the bank’s own growth strategy.
The roadshow marks a step in BML’s engagement with international capital markets, with the potential to support its long-term lending capacity and contribute to broader economic activity in the Maldives.
