Banking

In a continued effort to empower NGOs and contribute to community development through sustainable initiatives, the Bank of Maldives (BML) has announced the launch of its annual 'Bank Fund'. This...

In a significant move to enhance its payment ecosystem, the Bank of Maldives has unveiled an exciting partnership with Weixin Pay, commonly known as WeChat Pay, to broaden its Point-of-Sale...

The Maldives is set to revolutionise its financial sector as the Minister of Economic Development and Trade, Mohamed Saeed revealed that the Maldives is set to open its first development...

Bank of Maldives (BML) has unveiled two innovative home loan products, the Home Build Loan and the Home Equity Loan, aiming to address the growing demand for home construction and...

The second week of February dawned with a flurry of local news reports in the Maldives, all echoing a concerning message: the Bank of Maldives (BML) purportedly slashing the dollar...

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...

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...

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...