BML reports lending increases on the back of strong financial performance
Bank of Maldives’ financial results for this year’s Q2 show the bank continuing its positive performance, with a profit after tax of MVR115 million, an increase of 4% over the previous quarter. Moreover, the profits from the first half of 2015 are up 31% on that of the previous year.
BML’s profit for the past quarter totals MVR110 million
Bank of Maldives (BML) has generated 110 million rufiyaa as profit during the first quarter of the year.
Reethi Beach Resort Sold
Bank of Maldives (BML) has sold Reethi Beach resort in Baa Atoll. The resort, which is operated on Fonimagoodhoo, was sold to RBRM Private Limited, according to a press release issued by the bank today.
