BML launches Green Resort Financing with MVR 50m overdraft, 6.5% interest
Bank of Maldives has launched its Green Resort Financing, a facility designed to support resort investments in sustainable practices. Chairman of Crown and Champa Resorts, Hussain Afeef joined the Bank’s CEO and Managing Director Mohamed Shareef to launch the new financing facility during the Maldives Association of Tourism Industry’s (MATI) Annual General Meeting held Sunday. […]
Maldives begins accepting India’s RuPay card payment network
India’s card payment network, RuPay, has been launched in Maldives. RuPay was introduced in Maldives virtually at a ceremony held in New Delhi on Monday during President Mohamed Muizzu’s visit to India. President Muizzu, in a joint statement with Indian Prime Minister Narendra Modi, said the introduction of the RuPay in Maldives would greatly facilitate […]
Bank of Maldives announces record dividend payout
The Bank of Maldives Plc Ltd (BML) has announced a record dividend payout to shareholders on the back of a solid pre-tax profit of MVR932 in 2015, up 29 per cent from the previous year.