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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...
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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...
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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...
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In the intricate dance between governance and the governed, one crucial step is often overlooked: the need for compensation when agreements falter under the weight of legality. Whether it is...
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Navigating international money transfers has long been a challenge for customers, especially in regions like the Maldives where access to seamless financial services across borders can be scarce. However, a...
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Towards the end of 2020, the Bank of Maldives (BML) made some major changes that would change the way that people would perceive the national banking system. In a released...
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In 2023, the Maldives witnessed remarkable strides in technological advancements, particularly in the realm of finance. Embracing the global shift away from traditional forms of payment, our nation wholeheartedly embraced...
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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...