Banking

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...

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...

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...

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...