Known for its thriving guest house industry, Ukulhas is a key economic hub in Alif Alif Atoll, and the new branch will cater to both individuals and businesses, including the growing tourism-related businesses through its “Islamic Finance First” banking services.
BML
The Bank of Maldives (BML) opens its newest branch in AA. Ukulhas, further strengthening its commitment to enhancing financial inclusion through accessible banking services across the Maldives. A new USD ATM service was also launched at the branch.
The inauguration ceremony was attended by President Dr Mohamed Muizzu, Ministers, as well as the Bank’s Chairperson, Ahmed Ali Habeeb, CEO and Managing Director Mohamed Shareef, Board Directors and senior officials.
Known for its thriving guest house industry, Ukulhas is a key economic hub in Alif Alif Atoll, and the new branch will cater to both individuals and businesses, including the growing tourism-related businesses through its “Islamic Finance First” banking services.
We are delighted to bring our services to the vibrant community of Ukulhas, a vital center of guest house tourism in the Maldives. With this new branch and new USD ATM service, residents and entrepreneurs on Ukulhas as well as nearby islands will have convenient access to tailored financial solutions that will support local development and contribute to economic growth.
This strategic expansion reinforces the Bank’s position as the Maldives' leading financial institution, with an extensive network comprising 42 branches across all 20 atolls, 144 Self Service Banking Centres, 202 ATMs, comprehensive Agent Banking Services, and advanced Digital Banking solutions.
