BML offers new dollar investment option with returns paid in Rufiyaa
Bank of Maldives (BML) has launched a new investment product that allows customers to invest US dollars and earn returns of up to 25 per cent, with profits paid in Maldivian rufiyaa (MVR). The bank announced the launch on Tuesday, stating that funds raised through the investment pools will be used to support its foreign […]
BML eases student visa fee payments with dedicated card limit
Bank of Maldives (BML) has introduced a dedicated card limit for Maldivian students studying overseas to facilitate the payment of student visa fees. BML spokesperson Mohamed Saeed said the bank had previously considered requests to increase card limits for visa payments on a case-by-case basis. Under the new policy, which took effect on Wednesday, eligible […]
BML donates 30 more wheelchairs under nationwide support programme
Bank of Maldives (BML) on Wednesday announced the donation of 30 additional wheelchairs, marking the continuation of its annual initiative to support people with mobility impairments across the country. With this latest contribution, the programme has successfully delivered over 360 wheelchairs to individuals living in more than 105 islands since its inception in 2017. This […]
Bank of Maldives partners with netball association to support youth development
Bank of Maldives has partnered with Netball Association of Maldives. As part of the three-year partnership, the Bank will sponsor the NAM’s annual Interschool Netball Tournament (BML Raajje Junior Netball Championship) and Junior Championship Tournament. Netball association regularly holds such tournaments aiming to develop netball in the Maldives and nurture young talent. Bank of Maldives […]
BML launches weekly $1,000 promotion for dollar debit card users
The Bank of Maldives (BML) has launched a new promotion offering customers the chance to win $1,000 each week by using its US Dollar Debit Card. According to the bank, the campaign will run for seven weeks and continue until 30 July. The promotion is open to customers who newly apply for a Dollar Debit […]
Fitch endorses Bank of Maldives’ financial strength and resilience
Bank of Maldives (BML) has been assigned a Long-Term Issuer Default Rating (IDR) of ‘CCC-‘ with a Stable Outlook by Fitch Ratings. Fitch has also assigned the Bank a Local Currency Long-Term IDR of ‘CCC+’, which is two notches above the sovereign rating, reflecting the Bank’s strong standalone strength and resilience relative to the sovereign. […]
Bank of Maldives renews partnership with Maldives Surfing Association
Bank of Maldives (BML) has renewed its partnership with Maldives Surfing Association (MSA) as its development partner. Under the partnership, the Bank will continue as the official sponsor of the National Junior and Senior Surfing Teams, while also supporting the annual National Junior Surfing Championship aimed at nurturing and developing young talent in the sport. […]
MINDCo and Bank of Maldives launch Maldives AI Lab
MINDCo and Bank of Maldives (BML) have jointly launched the Maldives AI Lab, the National AI and Data Competency Centre, as a key initiative under the Maldives 2.0 Digital Transformation agenda. Maldives AI Lab was officially launched during the opening ceremony of Co.Lab 26 by the Minister of Homeland Security, Labour and Technology, Ali Ihusaan. […]
BML begins Chartered Banker Programme with first cohort of 30 employees
Bank of Maldives (BML) has officially commenced its Chartered Banker Programme, with the objective of deepening the pool of existing certified expertise. The initiative follows a Memorandum of Understanding signed with the Asian Institute of Chartered Bankers (AICB) in January 2026, aimed at supporting development of banking professionals for the Maldives financial sector through Charted […]
BML and MINDCO open registration for Collab 26 Hackathon
Bank of Maldives (BML) and Maldives Innovation and Digital Company (MINDCO) have opened registration for the “Collab 26 Hackathon”, a two-day event focused on digital innovation and technology-based solutions. According to the organisers, the hackathon aims to support participants in developing digital ideas into working prototypes with guidance from mentors. Developers, data scientists, students, entrepreneurs […]
SME Digital unveils SME360 initiative to support Maldivian entrepreneurs
SME Digital, the leading provider of financing solutions for the development of small and medium-sized enterprises (SMEs) in the Maldives, officially launched its brand campaign, “SME360,” on Wednesday at the “Addu Business Dialogue” Forum held in Addu City. The campaign was inaugurated by Minister of Economic Development, Transport and Trade Mohamed Saeed. SME360 campaign is […]
Bank of Maldives invites NGOs to apply for Bank Fund 2026 grants
Bank of Maldives (BML) on Wednesday announced the opening of applications for the Bank Fund 2026, its annual grant programme designed to support registered NGOs across the Maldives to deliver sustainable, community-focused projects. Now in its third consecutive year, the Bank Fund will award MVR 200,000 each to five selected projects under the thematic pillars […]
