Bank of Maldives Plc Ltd

Bank of Maldives (BML) has supported the development of a Sensory classroom named “IWonder” at Aminiya School as part of its ongoing efforts to support various sectors of the community. More than 170 students study at the SEN classes at Aminiya School. The classroom was developed as a suitable environment for students to learn. Under […]

Bank of Maldives (BML) has said it continued lending to the tourism sector, with new loans amounting to USD 365 million from 2024 to the current period. In a statement issued to clarify its position on United States dollar exposure and liquidity management, the bank said the tourism sector remained the largest segment receiving new […]

Bank of Maldives (BML) has said its Net Open Position (NOP) in United States dollars, which had deteriorated from December 2020, was restored to positive levels during the course of last year and again more recently. In a statement, the bank said the NOP in US dollars had reached a short position of 20 per […]

Bank of Maldives (BML) has inaugurated six new branches across the Maldives as part of an expansion of its service network. The branches were opened on Wednesday at a ceremony attended by President Mohamed Muizzu, Chairperson Ahmed Ali Habeeb, Chief Executive Officer and Managing Director Mohamed Shareef, and other bank officials. The new branches are […]

Bank of Maldives (BML) has launched 90 new ATMs, including 70 machines dispensing US dollars, at a ceremony held on Wednesday. The ATMs were inaugurated by President Mohamed Muizzu. The event was attended by Chairperson Ahmed Ali Habeeb, Chief Executive Officer and Managing Director Mohamed Shareef, and other officials of the bank. The bank installed […]

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 (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 […]

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 (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 (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 (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 […]