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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...
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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...
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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...
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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...
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In today’s digital era, where technology plays an integral role in our day-to-day lives, the importance of cyber security has become extremely evident. With a majority of our day-to-day tasks,...
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The Bank of Maldives has signed an agreement with Asian Development Bank (ADB) for a USD 41 million financing facility.
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On March 10, 2023, Silicon Valley Bank (SVB) failed, making it the biggest lender to fail since the global financial crisis of 2007-09. With over USD 200 billion in assets,...
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As part of its plan to further enhance security for payments through its app, Bank of Maldives (BML) has enabled One Time Passwords (OTPs) for all QR payments.
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Things may finally slowly be getting back to normal as the Bank of Maldives (BML) announces that the bank has removed the monthly withdrawal limit imposed on US dollars.
