BML board proposes MVR 60 dividend per share and bonus issue
The board of directors of the Bank of Maldives (BML) has proposed a dividend of MVR 60 per share for 2025, along with the issuance of two bonus shares for each existing share. Based on the proposal, a total of MVR 322.9 million will be distributed as dividends for 2025. The proposed dividend is subject […]
Bank of Maldives reports highest annual loan disbursement; MVR 10bn
Bank of Maldives (BML) disbursed MVR 10 billion in new loans and financing last year, the highest annual loan disbursement in the bank’s history, the bank said on Thursday. BML released its financial statements for the past year, reporting increased lending across several customer segments. The bank said the MVR 10 billion was issued as […]
Bank of Maldives records 9.8% rise in annual profit; MVR 2.5bn
Bank of Maldives (BML) recorded a net profit of MVR 2.5 billion last year, an increase of 9.8 per cent compared to 2024, the bank said on Thursday. BML released its audited financial statements for the year, reporting its highest annual profit to date. The bank said its balance sheet expanded during the year, with […]
Bank of Maldives becomes banking partner for Oevaru Mental Health research conference
Bank of Maldives (BML) becomes the exclusive banking partner for Oevaru Mental Health Research conference. Oevaru Mental Health Research Conference will be held on 16th and 17th May 2026 at Villa Nautica Paradise Island Resort. The conference aims to promote research, dialogue and awareness on mental health by bringing local and international professionals, researchers and […]
Bank of Maldives introduces simpler process to book medical dollars
Bank of Maldives has introduced a simpler process for Maldivians travelling abroad for medical purposes to book medical dollars through its Mobile Banking App. Customers can now apply for medical dollars directly via the Mobile Banking App, submit the required documents, and track the status of their applications seamlessly. Patients receiving medical treatment abroad through […]
BML staff donates to support vulnerable families
Bank of Maldives (BML) employees have donated to Advocating the Rights of Children (ARC) aid’s initiative to provide vulnerable families with essential items this Ramadan. ARC Aid’s initiative focuses on providing essentials for families with children with special needs and single mothers. With the generous donations from BML staff, over 100 packs were distributed to […]
Bank of Maldives recognised for contribution to sports sector
The Bank of Maldives (BML) has received a special award for its contribution to the promotion of sports in the Maldives. The award was presented at the Maldives Sports Awards 2025, held at the Social Centre on Sunday. The award was accepted on behalf of the bank by BML Chief Executive Officer and Managing Director […]
MINDCo, Bank of Maldives partner to establish AI centre
Maldives Innovation and Digital Company (MINDCo) and Bank of Maldives (BML) have signed a Memorandum of Understanding (MoU) to collaborate on the establishment of an AI and Data Competency Centre, a flagship national initiative under President Dr Mohamed Muizzu’s Maldives 2.0 Digital Transformation agenda. The establishment of the AI and Data Competency Centre reflects President […]
Bank of Maldives opens registration for Swipe’s limited release
Bank of Maldives has opened invitations for Swipe’s limited release, offering customers early access to the 100% Maldivian-developed digital wallet designed for seamless international and domestic payments. The first 5,000 customers registered through swipe.mv will be invited to use Swipe during the limited release. Once successfully registered, Swipe customers will be able to use core […]
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 […]
Bank of Maldives establishes ATM service in Thilafushi
Bank of Maldives (BML) has further strengthened its nationwide ATM network with the establishment of a new self-service banking ATM in K. Thilafushi. The inauguration ceremony was attended by Minister of Economic Development and Trade, Mohamed Saeed, as well as CEO and Managing Director Mohamed Shareef and senior officials of the Bank. Bank of Maldives […]
Bank of Maldives reports record income and profit growth in 2025
Bank of Maldives (BML) on Thursday reported strong results for the fourth quarter of 2025 with Operating Profit of MVR 828.7 million. Net Profit for the quarter amounted to MVR 837.5 million, reflecting a 76.2% quarter-on-quarter increase. Unaudited results for the year 2025 show the Bank’s gross income exceeding MVR 5.5 billion, reflecting a 16.1% […]
