Coup Allegations Undermine BML Credibility: MDP
International financial institutions will now question the credibility of the Bank of Maldives (BML) after allegations of an attempted coup...
Government Directs BML Towards EGM, Seeks Board Member Appointments
Bank of Maldives (BML), at the direction of the Ministry of Finance, will hold an extraordinary general meeting (EGM) in...
BML Silent on Coup Allegation as Senior Government Officials Demand CEO Resignation
The Bank of Maldives (BML) has found itself at the centre of a political storm, with senior government officials alleging...
President Muizzu Calls BML’s Sunday Action, Aftermath ‘Attempted Coup’
President Mohamed Muizzu has likened actions in the aftermath of the Bank of Maldives’ (BML) announcement to drastically revise and...
Ameer Blames Government’s Reliance on Projected Revenues for Maldives’ Financial Struggles
Former Finance Minister Ibrahim Ameer has attributed the Maldives’ current financial difficulties to an over-reliance on expected revenues, criticising the...
Nasheed Calls for Full Transparency on Financial Crisis
Former President Mohamed Nasheed has called for a transparent explanation of the Maldives’ financial situation, following the Bank of Maldives’...
BML Reverses Foreign Transaction Limits Following Regulatory Pressure
The Bank of Maldives (BML) has reversed its recent decision to suspend foreign transaction allowances on debit and credit cards...
Fayyaz Expresses Concerns Over Economic Fallout From BML’s Restriction on Dollar Transactions
Opposition leader and former Economic Minister Fayyaz Ismail has sharply criticised the Bank of Maldives’ recent decision to restrict foreign...
Analysts Warn of Economic Turmoil Following BML’s Halt on Dollar Transactions
Analysts are warning of severe economic repercussions following the Bank of Maldives’ (BML) decision to halt foreign transactions on cards...
Bank of Maldives Curtails Foreign Transaction Limits on Cards
The Bank of Maldives has announced immediate changes to its card limits for foreign transactions, citing an increase in foreign...