Bank of Maldives opens new branch in Kudahuvadhoo
Bank of Maldives (BML) has officially opened its new branch in Dh. Kudahuvadhoo, reaffirming the Bank’s commitment to enhancing banking accessibility and supporting economic growth across the atolls.
The new branch was inaugurated in a ceremony held Saturday on the island, attended by Minister of Finance and Planning, Moosa Zameer, as well as CEO and Managing Director Mohamed Shareef and senior officials of the Bank.
The newly built branch replaces the original Kudahuvadhoo branch and strengthens the Bank’s ability to serve the growing needs of Kudahuvadhoo and nearby islands, offering greater convenience and faster service for customers.
The Bank’s CEO and Managing Director Mohamed Shareef stated, “The new branch in Kudahuvadhoo reflects our continued investment in regional infrastructure and our commitment to modern banking. As a paperless branch, services will be provided digitally, making banking more efficient and convenient for our customers. This facility will strengthen our ability to serve individuals, families, and businesses in the region.”
The Bank will expand its physical presence through the establishment of 12 new branches across the country this year, reinforcing its commitment to providing accessible banking services nationwide.
As the nation’s leading financial institution, Bank of Maldives operates an extensive nationwide network of 42 branches across all 20 atolls, 267 ATMs and advanced digital banking platforms. The Bank remains dedicated to supporting communities through innovative solutions and expanded service access.
