Finance Ministry to Issue MVR 1.6 Billion Worth of Treasury Bills
The Ministry of Finance has announced the upcoming issuance of Treasury Bills (T-bills) totalling MVR 1.6 billion to cover government...
BML Bolsters Cybersecurity, Expands Services Amid Record Profits
The Bank of Maldives Ltd. (BML) has significantly bolstered its cybersecurity measures, a crucial step in ensuring the safety of...
Maldives to Operationalise Development Bank in July
The Development Bank of Maldives (DBM) will come into operation in July, Minister of Economic Development and Trade Mohamed Saeed...
Finance Ministry Issues Treasury Bills Worth MVR 4.5 Billion
The Ministry of Finance has issued Treasury Bills (T-bills) totalling MVR 4.5 billion in response to the government’s fiscal demands....
Maldives, ITFC Seal Partnership to Sell Carbon Credits
The Maldives has inked a memorandum of understanding (MoU) with the International Islamic Trade Finance Corporation (ITFC), a member of...
BML Reports Record MVR 2.07 Billion Profit, Board Recommends Highest-Ever MVR 50 Per Share Dividend Payout
Bank of Maldives (BML) recorded its best-ever performance in 2023 with profit after tax at MVR 2.07 billion, the bank...
China Slashes Interest Rates to Boost Ailing Property Sector
China’s central bank has announced a cut on interest rates for loans which extend five years or longer to 3.95...
Finance Ministry Initiates Sale of T-Bills Worth MVR 2.5 Billion
Treasury bills (T-bills) have been issued for the third time this year, this time worth MVR 2.5 billion, to cover...
MVR 80 Billion Worth of T-Bills Issued So Far
Around MVR 80 billion worth of Treasury Bills (T-bills) and Treasury Bonds (T-bonds) have been issued by the government, it...
Loans Outstanding Rise to MVR 40 Billion in December: MMA
Banks and financial institutions have issued MVR 40 billion worth of loans to private businesses and individuals, according to the...
