1 min read
President Dr Mohamed Muizzu has instructed the Bank of Maldives (BML) to implement relief measures for loans extended to beneficiaries of social housing programmes. He announced this through a post...
2 min read
The Maldives Monetary Authority (MMA) has inaugurated the MMA Research Conference 2025 at Villa Nautica – Paradise Island, marking the strongest turnout in the event’s history. The two-day conference, held...
2 min read
The Bank of Maldives (BML) has signed an agreement with the Ministry of Construction, Housing and Infrastructure to secure land in Hulhumale’s Phase 1 and 2, and Vilimale’, for the...
2 min read
Ministry of Fisheries and Ocean Resources, the Lives and Livelihoods Fund (LLF), and the Islamic Development Bank (IsDB), in collaboration with SME Digital, have opened applications for the third phase...
1 min read
The Bank of Maldives (BML) has introduced WhatsApp as an official channel for One-Time Passwords (OTP) for transactions. This will allow customers to receive OTPs securely via WhatsApp to their...
1 min read
The Bank of Maldives (BML) has announced the introduction of PayMV QR codes for faster, easier fund transfers.
1 min read
The Bank of Maldives (BML) has been recognised by Mastercard for its pivotal role and unwavering support to uplift the Maldives’ digital economy with the Digital Country Partnership.
1 min read
The Maldives Monetary Authority (MMA) has unveiled the panel of leading experts set to headline a major discussion at the upcoming Research Conference 2025, which will examine the theme “Charting New...
2 min read
In a landmark move to further strengthen and support the country’s business community, Bank of Maldives has announced a major reduction in its Merchant Discount Rate (MDR) to 1 percent...