1 min read
In a move towards expanding the banking services provided across the Maldives, the Bank of Maldives (BML) has expanded its banking services with the introduction of a self-service banking ATM...
2 min read
The Maldives has taken a significant step in navigating its looming financial challenges by successfully settling the latest coupon payment on its USD 500 million Sukuk bond, according to a...
4 min read
Although the Maldives has one of the most well-established and well-respected tourism industries in the world, which generates millions of dollars every year - the Maldives found itself in a...
1 min read
The High Commission of India in the Maldives has announced that the State Bank of India (SBI) has extended its subscription to a USD 50 million Government Treasury Bill (T-Bill)...
2 min read
2024 is proving to be a financially tough year for the Maldives as the country has already been downgraded by Fitch ratings twice within the year, leaving the Maldives’ Long-Term...
2 min read
The Maldives Monetary Authority (MMA) has revealed its latest reports regarding the Maldives’ national reserve, shedding some positive light that gives hope for better management of the Maldivian debt by...
5 min read
In recent months, the Maldives has been making headlines for two contrasting reasons: its reputation as a world-class tourist destination attracting millions of visitors, and its looming financial troubles, which...
2 min read
One of the biggest issues in the current banking system is the difficulty when it comes to transferring money between counties. This not only poses a difficulty for students living...
1 min read
Although there have been some setbacks when it comes to the banking sector as citizens in the Maldives have continued to face interruptions in the past few weeks, some interesting developments...
