Financial Sector

The Ministry of Finance, in its latest release of the Weekly Fiscal Development Report, noted that subsidy expenditure is at 3.13 billion, with a majority of the spending aimed at keeping...

Bank of Maldives (BML) has officially agreed with iRunners to serve as the Exclusive Banking Partner for the Maldives Half Marathon 2026 (MHM26). 

Bank of Maldives (BML) today announced financing in US dollars for Maldivians to pursue professional qualifications as well as make fee payments associated with professional qualifications, as an enhancement to...

 Finastra, a global leader in financial services software, announced that the Bank of Maldives (BML) has selected Finastra Essence to modernise its corebanking operations and support its long-term digital transformation...

The Maldives Bureau of Statistics (MBS) has launched an interactive Data Explorer portal to provide easy access to important official statistics on inflation, economic growth and population trends in the...

The Bank of Maldives (BML) has opened seven branches, reinforcing its commitment to expanding access to banking services across the Maldives. The branches were formally inaugurated this morning by His...

The Bank of Maldives (BML), in collaboration with SME Digital, has introduced the Youth Entrepreneurship Financing facility designed to enable young Maldivians to establish micro and small enterprises and convert...

The Bank of Maldives (BML) has highlighted the International Accounts capability available on its digital wallet, Swipe. Maldivian customers can open an International Account with a unique International Bank Account...

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...