Bank of Maldives to open new branch in R. Alifushi

The Bank currently has branches located in Ungoofaaru, Dhuvaafaru, and Meedhoo, providing services to communities within R. Atoll.

BML

BML

Bank of Maldives has announced the expansion of its services in R. Alifushi with the groundbreaking ceremony for a new branch on 29 September 2025.

The ceremony was attended by Minister of Cities, Local Government and Public Works, Adam Shareef Umar, BML Chairperson Ahmed Ali Habeeb, BML CEO and Managing Director Mohamed Shareef and senior officials of the Bank.

Establishing a new branch in Alifushi represents a significant advancement in expanding our footprint within R. Atoll. The new branch, expected to be completed next year, will bring our full suite of banking services even closer to the community.
Mohamed Shareef, CEO and Managing Director of BML

The Bank currently has branches located in Ungoofaaru, Dhuvaafaru, and Meedhoo, providing services to communities within R. Atoll.

Bank of Maldives is the country’s leading financial institution, with an extensive network comprising 42 branches across all 20 atolls, 179 Self Service Banking Centres, 237 ATMs, comprehensive Agent Banking Services, and advanced Digital Banking solutions.

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