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A digest of news and opinion from the Maldives.

Quarterly Economic Bulletin

Profit made by banks in the third quarter increased by 14%

Profit made by banks in the third quarter increased by 14%

2 min read

Profit earned by banks in the Maldives increased by 14% during the third quarter of 2017. According to Maldives Monetary Authority (MMA), by the end of last quarter, a 14% increase in bank profits was recorded. The main reasons cited by the central bank are pending repayments collected for loans and growth in overall income […]