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Advancements in technology have revolutionized our way of life, enabling us to embrace a more convenient and accessible existence. With the rapid progress of the internet and mobile technology, nearly...
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In today’s digital era, where technology plays an integral role in our day-to-day lives, the importance of cyber security has become extremely evident. With a majority of our day-to-day tasks,...
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The Bank of Maldives has signed an agreement with Asian Development Bank (ADB) for a USD 41 million financing facility.
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On March 10, 2023, Silicon Valley Bank (SVB) failed, making it the biggest lender to fail since the global financial crisis of 2007-09. With over USD 200 billion in assets,...
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As part of its plan to further enhance security for payments through its app, Bank of Maldives (BML) has enabled One Time Passwords (OTPs) for all QR payments.
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The 2nd International Conference on Islamic Economics 2023 (ICONIE2023), is scheduled to take place from March 8-9,in IUM Hall. The conference theme is “Achieving Adl and Ihsan via Islamic Economics,” with...
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Things may finally slowly be getting back to normal as the Bank of Maldives (BML) announces that the bank has removed the monthly withdrawal limit imposed on US dollars.
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Bank of Maldives has reported a Net Profit After Tax of MVR 212 million and an Operating Profit of MVR 489 million for the final quarter of 2022, as per...
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Bank of Maldives has announced changes to its personal unsecured loan and financing products; simplifying its lending portfolio and increasing the financing limit to MVR 1.2 million.