President Dr. Mohamed Muizzu today inaugurated a historic expansion of financial services as Bank of Maldives (BML) rolled out self-service banking ATMs across all inhabited islands of Thaa Atoll. The initiative, branded “Mulhi Raajje ah BML ATM”, marks a new era of financial accessibility for island communities.
The launch ceremony in Th. Buruni was attended by President Muizzu, cabinet ministers, BML Chairperson Ahmed Ali Habeeb, CEO and Managing Director Mohamed Shareef, along with senior officials of the Bank. The event underscored the administration’s commitment to decentralizing essential services and empowering local economies.
Speaking at the inauguration, BML’s CEO Mohamed Shareef highlighted the transformative impact of the project. “Our investment in Buruni and across Thaa Atoll demonstrates our dedication to making banking more accessible for local communities. With modern ATMs, residents and businesses now enjoy convenient, 24/7 self-service banking without needing to travel to other islands” he said.
This expansion places Thaa Atoll as the first in the nation to achieve full ATM coverage across all inhabited islands. It reflects BML’s broader strategy of strengthening its role as the Maldives’ leading financial institution. With 42 branches nationwide, 171 self-service banking centres, 229 ATMs, and advanced digital banking solutions, BML continues to expand its reach and reinforce its mission to serve every Maldivian island.
The government hailed the initiative as a key step towards President Muizzu’s vision of bridging service gaps between capital and atolls, ensuring that every Maldivian family benefits from equal access to modern financial infrastructure.
