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In a move aimed at providing its customers with an easier and more accessible way to secure funds for unforeseen emergencies, Maldives Islamic Bank (MIB) has unveiled a groundbreaking financing...
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The COVID-19 pandemic sparked a significant surge in the popularity of start-ups and small to medium-sized businesses, as individuals came to a profound realization of the empowerment that comes with...
1 min read
In recent years, the banking sector in the Maldives has been embracing technological advancements to enhance customer convenience. With this, the Maldives Islamic Bank (MIB) has implemented various measures to...
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As part of the ongoing efforts to enhance security and protect its customers from scams, Bank of Maldives has introduced a self-service ‘Kill Switch’ to disable access to Internet Banking...
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The Maldives has been actively striving to become a more sustainable and eco-friendly nation in recent years, driven by the urgent need to protect its small island territory from the...
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Bank of Maldives shareholders have approved a total dividend payout of MVR 215 million with MVR 40 per share, at the Bank’s Annual General Meeting held at the Islamic Centre...
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In today’s digital era, where technology plays an integral role in our day-to-day lives, the importance of cyber security has become extremely evident. With a majority of our day-to-day tasks,...
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The Bank of Maldives has signed an agreement with Asian Development Bank (ADB) for a USD 41 million financing facility.
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On March 10, 2023, Silicon Valley Bank (SVB) failed, making it the biggest lender to fail since the global financial crisis of 2007-09. With over USD 200 billion in assets,...
