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A digest of news and opinion from the Maldives.

Bank of Maldives

BML to Provide Payment Capability for New Passport Cards

BML to Provide Payment Capability for New Passport Cards

1 min read

Bank of Maldives has announced that it will provide payment capability for the new passport card which is being issued to Maldivian citizens. The new card was officially launched by the President of Maldives, H.E. Abdulla Yameen, at a ceremony held at the President’s Office today. The passport card, in addition to being an internationally […]

Bank Of Maldives appoints new Chairperson

Bank Of Maldives appoints new Chairperson

1 min read

A board of directors meeting of national bank, Bank Of Maldives (BML) has appointed the company’s new Chairperson in Saeedha Umar. Ms Umar is the Policy Consultant at Ministry of Economic Development as well as the co-chair of China Maldives Free Trade Agreement Working Group. In addition to this, the newly appointed Chairperson of BML […]

Investment program is on track – BML CEO

Investment program is on track – BML CEO

3 min read

Following a year in which Bank of Maldives recorded its best ever financial performance, CEO Andrew Healy has emphasized that the Bank is keeping its promise to re-invest its earnings to support Maldivian individuals, families and businesses across the country. Addressing shareholders at the Bank’s AGM tonight, Andrew stated that the Bank had invested MVR […]

Bank of Maldives shareholders to receive record dividend

Bank of Maldives shareholders to receive record dividend

2 min read

Bank of Maldives has confirmed that its shareholders will receive a record dividend for the fourth consecutive year. Shareholders voted to approve the proposed pay-out of MVR 107.6 million (MVR 20 per share) at the Bank’s Annual General Meeting held in Hotel Jen, Male’ tonight. The state will receive just over MVR 370 million through […]