Financial Sector

The Maldives' fiscal position remained strong in the first six months of 2026 due to increased tax revenues, especially corporate income tax and goods and services tax (GST). Thus, as...

On 9 July 2026, the Maldives Monetary Authority (MMA) convened the second meeting of the Maldives Islamic Finance Strategic Advisory Council (MIFSAC).

The Bank of Maldives (BML) has launched a new promotion with Mastercard, giving customers the chance to win a total of MVR 100,000 in cash prizes. 

The Maldives Monetary Authority (MMA) honoured a number of individuals and institutions whose leadership and contributions have shaped the country's financial system, presenting the Distinguished Contribution to the Financial Sector...

The Maldives Monetary Authority (MMA) presented the Excellence in Emerging Financial Innovation award to FahiPay Pvt Ltd at the inaugural Maldives Financial Sector Awards, recognising the company's contribution to advancing financial technology and digital...

The Maldives Monetary Authority (MMA) presented the Excellence in Green and Sustainable Finance award to Bank of Maldives (BML) at the inaugural Maldives Financial Sector Awards, recognising the bank's contribution...

The Maldives Monetary Authority (MMA) presented the Excellence in Digital Finance and Innovation award to Bank of Maldives (BML) at the inaugural Maldives Financial Sector Awards, recognising the bank's contribution...

The Bank of Maldives (BML) has announced key enhancements to its Advance Merchant Settlement facility, reaffirming the Bank's commitment to helping businesses across the Maldives grow with more accessible financing. 

On 03 July 2026, the Bank of Maldives (BML) announced key enhancements to the Advance Merchant Settlement facility, reaffirming the bank's commitment to helping businesses across the Maldives grow with...