BML to increase overseas credit card limits from February
Bank of Maldives (BML) has announced that it will revise overseas transaction limits on credit cards from next month. President Mohamed Muizzu announced in September that the foreign currency limit on credit cards would be increased starting next month. In a statement issued on social media on Wednesday, the bank said the overseas transaction limits […]
BML subsidiary begins construction for 5 housing projects
BML Affordable Home Leasing Company Pvt Ltd has officially commenced construction of its five affordable housing projects. This was marked Tuesday at a ceremony held in Hulhumale, signaling a major milestone in the implementation of the Maldives Monetary Authority’s (MMA) Inclusive National Affordable Housing Scheme (INAH). The ceremony was attended by the Minister of Construction, […]
BML completes 5 staff-led community projects under Islamic impact grant
Bank of Maldives (BML) has announced the completion of five staff-led projects under BML Islamic’s Community Impact Grant, with two additional projects ongoing. This grant was opened for BML staff on the occasion of BML Islamic’s 10th Anniversary in 2025, with the aim of strengthening the connection with local communities. Under this grant, staff partnered […]
Bank of Maldives enables bulk payment services for businesses
Bank of Maldives has enabled its Bulk Payment services for businesses to conveniently process large-scale payments in bulk, including salaries, allowances and dividends. Designed to improve efficiency, the service allows businesses to adopt and benefit from automated bulk payments in both MVR and USD directly to multiple BML accounts. Commenting on the service, the Bank’s […]
BML supports MOMS Aid with MVR 100,000 donation for Back to School drive
Bank of Maldives (BML) has donated MVR 100,000 to support MOMS Aid’s “Back to School” campaign. This initiative provides essential supplies for students from financially vulnerable families for the upcoming school year. The donation will help students from the NGO’s care list. Bank of Maldives has supported MOMS Aid’s initiatives over the years, including a […]
BML partners with AICB to introduce chartered banking training
Bank of Maldives (BML) and the Asian Institute of Chartered Bankers (AICB) have signed an agreement to support the development of the banking sector in the Maldives. The agreement was signed by BML Chief Executive Officer Mohamed Shareef and AICB Chief Executive Edward Ling. Under the agreement, training opportunities will be introduced in the field […]
BML Visa cardholders stand chance to win trip to FIFA World Cup 26 final
Bank of Maldives has launched a promotion, offering fans a chance to win the opportunity to win an unforgettable experience to watch the final match of the FIFA World Cup 26™, courtesy of Visa. The promotion is open exclusively to BML Visa cardholders. The promotion is valid from 18th January to 15th April 2026. To […]
SME Digital opens applications for Islamic micro financing facility
SME Digital has opened applications for Islamic Micro Financing, the first product introduced by Bank of Maldives under the Maldives Islamic Social Financing Initiative (MISFI). The product offers financing up to MVR 100,000 at a financing rate of 2.5%, the lowest rate in the Maldives. To ensure business stability, the financing tenor is extendable for […]
Bank of Maldives launches promotion with chance to win MVR 100,000
Bank of Maldives (BML) has announced its Ramazan promotion Ran Furusathu 2026 with the chance to win exciting prices. The promotion will run from 10th January till 19th March 2026. During the promotion period, customers will have the chance to win weekly prizes and a grand prize at the end of the promotion by shopping […]
Bank of Maldives announces promotion with chance to win family trip to Legoland Malaysia
Bank of Maldives has announced a promotion for Student Card holders offering an exciting opportunity to win a family trip to Malaysia. The promotion will run from 1st January to 16th February 2026. All transactions from an eligible merchant through BML Point-of-Sale (POS) terminals and the BML Payment Gateway from a BML Student card during […]
BML, Visit Maldives, UnionPay partner to boost tourism marketing, digital payments
Bank of Maldives, Visit Maldives and UnionPay have signed an agreement to collaborate on a joint marketing initiative aimed at enhancing digital payment experiences and strengthening tourism promotion efforts. As part of this partnership, the three parties will jointly promote the Maldives as a preferred travel destination among UnionPay cardholders through coordinated marketing campaigns. This […]
BML, Weixin Pay, Visit Maldives partner to strengthen digital payments for tourism sector
Bank of Maldives (BML) has signed two agreements with Weixin Pay and Visit Maldives Corporation aimed at strengthening digital payment solutions and supporting the continued growth of the Maldivian tourism industry, with a particular focus on the Chinese market. The tripartite memorandum of understanding between BML, Weixin Pay and Visit Maldives Corporation establishes a framework […]
