Financial Sector

Crypto has always been a continuous conversation. On one side, the entire basis of the digital currency options was to create a financial system away from the banks and politics,...

The Bank of Maldives has launched the BML Mobile Pay (digital wallet) on its Mobile Banking app. BML Mobile Pay enables contactless payments and wallet-to-wallet transfers through the mobile banking...

First National Finance Corporation has launched Maldives' first online trading platform.

Bank of Maldives has announced the appointment of Mr. Bishwajit Mazumder as the Bank’s Chief Internal Auditor last week.

Allied Insurance Maldives has, through their Islamic insurance window, Ayady Takaful, announced that they have set a record for the 2019 surplus distribution for their customers, with an impressive MVR1.52...

The world is constantly changing, and laws need to change accordingly as well to accommodate for this and ensure the safety of the people as well as uphold their rights...

The Bank of Maldives (BML) posted a Profit After Tax of MVR354 million for the final quarter of 2021, yielding the bank a full-year Profit After Tax of MVR1.7 billion...

Dr. Hussain Sunny Umar is the founder of Maldives Halal Travel; MFR sat down with Dr. Umar for his unique insights.

Citi on 13 January announced it had reached an agreement with UOB Group (UOB) on the acquisition of Citi’s consumer banking franchises in Indonesia, Malaysia, Thailand and Vietnam. The transaction...