Financial Sector

Bank of Maldives (BML) continues to dominate the banking industry with over 50 percent market share in terms of all major indicators. The banking industry recorded a total MVR 6.2...

Following a year which saw record-breaking performance for Bank of Maldives, CEO and Managing Director Tim Sawyer says the Bank is in the “strongest position it has ever been in.”...

Bank of Maldives shareholders have approved a total dividend payout of MVR 258 million with MVR 48 per share, at the Bank’s Annual General Meeting held at Hotel Jen on...

Crypto has always been a continuous conversation. On one side, the entire basis of the digital currency options was to create a financial system away from the banks and politics,...

The Bank of Maldives has launched the BML Mobile Pay (digital wallet) on its Mobile Banking app. BML Mobile Pay enables contactless payments and wallet-to-wallet transfers through the mobile banking...

First National Finance Corporation has launched Maldives' first online trading platform.

Bank of Maldives has announced the appointment of Mr. Bishwajit Mazumder as the Bank’s Chief Internal Auditor last week.

Allied Insurance Maldives has, through their Islamic insurance window, Ayady Takaful, announced that they have set a record for the 2019 surplus distribution for their customers, with an impressive MVR1.52...

The world is constantly changing, and laws need to change accordingly as well to accommodate for this and ensure the safety of the people as well as uphold their rights...