Bank of Maldives

Bank of Maldives (BML) has officially entered into an agreement with iRunners to serve as the Exclusive Banking Partner for the Maldives Half Marathon 2026 (MHM26). The event is scheduled to take place on August 14th at Hulhumalé Central Park and is expected to attract over 2,000 participants. The marathon will feature eight categories: the […]

Bank of Maldives (BML) has started the rollout of updates to Aaya on the BML Mobile Banking App and Internet Banking, to make it more convenient for customers to submit banking requests. As part of this, customers can no longer send banking requests through the messaging feature within the Mobile Banking App and Internet Banking. […]

Finastra, a global leader in financial services software, on Tuesday announced that the Bank of Maldives (BML) has selected Finastra Essence to modernise its core banking operations and support its long-term digital transformation strategy. The agreement will enable the bank to accelerate product innovation, enhance operational efficiency, and deliver seamless banking experiences across both conventional […]

Bank of Maldives Academy has established a strategic partnership with INCEIF University to expand access to globally recognised professional development opportunities for BML employees. The partnership will provide Bank employees with access to INCEIF University’s internationally recognised programmes in Islamic finance, executive education, professional certifications, and specialised training. It will also create opportunities for knowledge […]

Bank of Maldives (BML) on Sunday announced financing in US dollars for Maldivians to pursue professional qualifications as well as make fee payments associated with professional qualifications, as an enhancement to its Kiyavaa Loan product. This is an unsecured financing option for eligible professional qualifications, eliminating the need for collateral. Financing under this option will […]

Bank of Maldives (BML) plays a central role in financing businesses, supporting national infrastructure and providing access to financial services across the country, its Managing Director and Chief Executive Officer Mohamed Shareef has said. Speaking at the opening ceremony of the Youth Entrepreneurs Expo 2026 at Barceló Nasandhura on Wednesday, Shareef said the bank’s position […]

Bank of Maldives has highlighted the International Accounts capability available on its digital wallet, Swipe. Maldivian customers can open an International Account with a unique International Bank Account Number (IBAN), enabling them to seamlessly receive funds from bank accounts abroad. International Account services are available in USD, EUR, and GBP, giving customers the flexibility to […]

Bank of Maldives (BML), in collaboration with SME Digital, has introduced the Youth Entrepreneurship Financing facility designed to enable young Maldivians to establish micro and small enterprises and convert innovative ideas into sustainable businesses. The financing facility was officially launched by President Dr Mohamed Muizzu at the Youth Entrepreneurs Expo, which opened Wednesday. This unsecured […]

Bank of Maldives (BML) has opened seven branches, reinforcing its commitment to expanding access to banking services across the Maldives. The branches were formally inaugurated Wednesday morning President Dr Mohamed Muizzu. The newly opened branches are located in: HA. Hoarafushi Sh. Kanditheemu R. Alifushi Lh. Hinnavaru ADh. Maamigili L. Maavah GA. Gemanafushi With this expansion, […]

Bank of Maldives (BML) says it has sold a record volume of US dollars to customers over the past two and a half years, with total foreign currency sales increasing by 77% compared with the previous two-and-a-half-year period. The bank said it sold an additional USD 741 million between January 2024 and June 2026, compared […]

Bank of Maldives (BML), in partnership with Mastercard, has launched a promotion offering a total of MVR 100,000 in cash prizes for customers who apply for a new BML Mastercard Debit Card. The promotion will run until the end of next month. Customers who obtain a new BML Mastercard Debit Card during the promotional period […]

Bank of Maldives (BML) Chief Executive Officer and Managing Director Mohamed Shareef says the country’s financial system is expected to move towards an “invisible” payment model over the next five years, with transactions taking place seamlessly in the background. Speaking during a panel discussion at the Maldives Financial Forum last Thursday, Shareef said the next […]