Bank of Maldives Plc Ltd

The Maldives’ first corporate relay race, BML WeRun – Corporates, was held at Crossroads Maldives on Saturday, bringing together 18 teams from companies, institutions and organisations. The event was organised by WeRun Maldives in partnership with Bank of Maldives (BML), with the aim of encouraging physical activity and teamwork among employees. BML WeRun – Corporates […]

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 be paid in US Dollars. The scheme, launched on 30 June, offers a range of daily investment pools with returns of up to 25%. Under the original arrangement, […]

Bank of Maldives (BML) on Tuesday announced a new organisational structure designed to strengthen accountability, simplify the customer journey, and align the Bank more closely with its long-term strategy of sustainable growth, deeper customer relationships, and elevated service standards. As part of this restructuring, four members of the executive team have taken up adjacent roles […]

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 position. His appointment takes effect on 31 July 2026 and was made by the ABA Board in accordance with the Association’s Charter. Shareef brings extensive leadership experience […]

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 financial results released on Thursday. In a statement accompanying the financial results, BML said it provided an average of US$80 million per month during the period. The […]

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 released its financial results for the second quarter on Thursday. According to the financial statements, BML generated total revenue of MVR […]

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 scheduled to take place on August 14th at Hulhumalé Central Park and is expected to attract over 2,000 participants. The marathon will feature eight categories: the […]

Bank of Maldives (BML) has started the rollout of updates to Aaya on the BML Mobile Banking App and Internet Banking, to make it more convenient for customers to submit banking requests. As part of this, customers can no longer send banking requests through the messaging feature within the Mobile Banking App and Internet Banking. […]

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 operations and support its long-term digital transformation strategy. The agreement will enable the bank to accelerate product innovation, enhance operational efficiency, and deliver seamless banking experiences across both conventional […]

Bank of Maldives Academy has established a strategic partnership with INCEIF University to expand access to globally recognised professional development opportunities for BML employees. The partnership will provide Bank employees with access to INCEIF University’s internationally recognised programmes in Islamic finance, executive education, professional certifications, and specialised training. It will also create opportunities for knowledge […]

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 qualifications, as an enhancement to its Kiyavaa Loan product. This is an unsecured financing option for eligible professional qualifications, eliminating the need for collateral. Financing under this option will […]