Bank of Maldives expands ATM network in Alif Alif Atoll

With the new ATM opening, customers in Alif Alif Atoll can have 24/7 access to essential banking services - which include convenient withdrawings, deposits as well as transfers.

Bank of Maldives

Bank of Maldives

On the 29th of October 2024, the Bank of Maldives announced the opening of two new ATM centres in Alif Alif Atoll. With this, residents of Feridhoo and Bodufolhudhoo will have access to easier banking without travelling to nearby islands for these services.

With the new ATM opening, customers in Alif Alif Atoll can have 24/7 access to essential banking services - which include convenient withdrawings, deposits as well as transfers. This investment brings the total number of ATM Centres in the Alif Alif Atoll to 6. In addition to its ATM network, BML also provides banking services in the atoll through its branch in Rasdhoo, which opened in 2006.

We are delighted to expand our ATM network in Alif Alif Atoll, making essential banking services more readily available to the residents of Feridhoo and Bodufolhudhoo. Along with enhancing our digital banking services, this investment reflects our ongoing commitment to supporting the communities we serve and contributing to the overall economic development of the Maldives. 
Mohamed Shareef, BML’s CEO.

The Bank of Maldives’ continued investment in expanding its ATM network aligns with the bank’s broader mission to drive financial inclusion and enhance access to banking services across the Maldives. By focusing on reaching remote communities, BML is working towards bridging geographical barriers and empowering residents with greater financial autonomy, reinforcing its role as a key partner in the nation’s socioeconomic growth.

More from MFR