Fayyaz, Saeed Clash Over Economic Policy, Recovery Strategies
A political debate has erupted over the dismissal of Aishath Noordeen, the Deputy CEO of Bank of Maldives (BML), from...
BML to End Dollar Transactions on MVR-Linked Cards Amid Currency Shortage
The board of directors of the Bank of Maldives (BML) has decided to stop processing dollar transactions on cards linked...
Opposition Leader Criticises Government’s Influence Over BML Following Deputy CEO’s Removal
Opposition leader and former economic minister Fayyaz Ismail has criticised the government for what he describes as “undue influence” over...
BML Deputy CEO Aishath Noordeen Removed from Board
Aishath Noordeen, Deputy CEO of Bank of Maldives (BML), has been dismissed from the bank’s board of directors after 42...
Bank of Maldives Error Sends $77.3 Billion to Resort Employee
The Maldives National Bank, Bank of Maldives (BML), mistakenly deposited over $77.3 billion into the account of an employee at...
Black Market Dollar Soars Above MVR 18.20 Amid Supply Shortages
The black-market dollar rate has surged above MVR 18.20 per dollar, driven by a sharp rise in demand and dwindling...
BML Revises USD Exchange Limits for Students
The Bank of Maldives (BML), with a view to address the decline in the availability of US dollars (USD) in...
BML Introduces First US Dollar ATM Outside Malé on Maafushi Island
Bank of Maldives (BML) has launched its first-ever US-dollar ATM services outside Malé City. The ATM has been installed at...
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...
BML Approves Record MVR 269 Million Dividend Payout at MVR 50 per Share
Bank of Maldives Ltd. (BML) convened its Annual General Meeting on Tuesday, where shareholders greenlit a historic total dividend payout...
