Bank of Maldives reaffirms support for tourism sector amid global challenges
Bank of Maldives (BML) on Monday reaffirmed its continued commitment to supporting the country’s tourism industry, following recent statements by the Minister of Tourism and Environment regarding financial assistance extended to the sector. Minister of Tourism Ibrahim Thoriq on Sunday announced that BML will provide financial facilities to resorts facing operational challenges linked to the […]
Bank of Maldives to offer facilities to affected resorts
Minister of Tourism Ibrahim Thoriq has announced that the Bank of Maldives (BML) will provide financial facilities to resorts facing operational challenges linked to the situation in the Middle East. He made the statement on Sunday at a press conference held by a committee formed by President Dr Mohamed Muizzu to address potential impacts on […]
BML approves record MVR 322.9 million dividend, two bonus shares per share
Bank of Maldives (BML) shareholders have approved a record dividend payout of MVR 60 per share for the year of 2025, amounting to a total of MVR 322,915,200 at the Bank’s Annual General Meeting (AGM) held Saturday night. The shareholders also approved issuance of two bonus shares for every one existing share held, as part […]
Bank of Maldives highlights record year and expansion at AGM
Following the most successful year for Bank of Maldives (BML) in its 43-year history, CEO and Managing Director Mohamed Shareef addressed shareholders at its Annual General Meeting held last night, outlining the Bank’s historic achievements, strategic expansion, continued digital transformation and sustained support for customers and communities. The Bank recorded a Profit After Tax of […]
Bank of Maldives presents 38 awards at annual staff recognition event
Bank of Maldives (BML) celebrated excellence and recognised the outstanding achievements of its employees at the prestigious BML Staff Awards held Friday evening. The coveted Employee of the Year Award was presented to Misbah Abdul Rasheed, Head of Business Systems (Technology Division), in recognition of his exceptional performance and contribution in 2025. The Leadership Excellence […]
Bank of Maldives celebrates Eid with community events nationwide
Bank of Maldives (BML) has hosted Eid sai in all atolls of Maldives to celebrate Eid Al-Fitr and bring communities together. These events were held in the 33 islands where the Bank has an established branch. The Eid sai events were organised in collaboration with Island councils and NGOs, creating inclusive spaces for families and […]
Bank of Maldives launches Swipe digital wallet in Addu
Bank of Maldives (BML) has launched its digital wallet service, Swipe, in Addu City. The bank announced the launch during a ceremony held in Addu on Wednesday night, stating that the service is now available at businesses across the city. Speaking at the event, BML Managing Director and Chief Executive Officer Mohamed Shareef said the […]
Bank of Maldives’ Swipe app becomes official wallet of Visit Maldives
Bank of Maldives has announced its innovative digital wallet, Swipe, as the official wallet of Visit Maldives. The strategic partnership between Swipe and Visit Maldives was formalized during a signing ceremony held at BML, solidifying a collaboration aimed at enhancing the visitor experience through digital innovation. The agreement was signed by Mohamed Shareef, CEO & […]
BML to open branches on two days during last 10 days of Ramadan
Bank of Maldives (BML) has announced that its branches will open on two days during the last 10 days of Ramadan, despite the government holiday period. In a statement issued on Monday, BML said its branches will operate on the 11th and 18th of this month to provide banking services to customers. Branches will be […]
BML board proposes MVR 60 dividend per share and bonus issue
The board of directors of the Bank of Maldives (BML) has proposed a dividend of MVR 60 per share for 2025, along with the issuance of two bonus shares for each existing share. Based on the proposal, a total of MVR 322.9 million will be distributed as dividends for 2025. The proposed dividend is subject […]
Bank of Maldives reports highest annual loan disbursement; MVR 10bn
Bank of Maldives (BML) disbursed MVR 10 billion in new loans and financing last year, the highest annual loan disbursement in the bank’s history, the bank said on Thursday. BML released its financial statements for the past year, reporting increased lending across several customer segments. The bank said the MVR 10 billion was issued as […]
Bank of Maldives records 9.8% rise in annual profit; MVR 2.5bn
Bank of Maldives (BML) recorded a net profit of MVR 2.5 billion last year, an increase of 9.8 per cent compared to 2024, the bank said on Thursday. BML released its audited financial statements for the year, reporting its highest annual profit to date. The bank said its balance sheet expanded during the year, with […]
