Bank of Maldives becomes Banking Partner for Hotelier Maldives Awards 2025
Bank of Maldives (BML) becomes Banking Partner for the Hotelier Maldives Awards 2025. The awards ceremony which will be held in Malé on June 14 will celebrate outstanding professionals working in the Maldives’ vibrant tourism and hospitality sector. The Hotelier Maldives Awards aims to acknowledge and reward the unsung heroes of the industry. This year, […]
BML funds Atmosphere Core, Alia project as Maldives’ first Shari’ah compliant resort financing
Bank of Maldives (BML) Islamic has announced its first fully funded Shari’ah-compliant corporate financing facility to support the development of a luxury resort at Kasanfaru Lagoon in Kaafu Atoll, marking a major milestone in the expansion of Islamic finance in the country. The 5-star, 118 room resort is being developed by Sentoric Island Pvt Ltd, […]
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.
