Tag: Bank of Maldives (BML)

BML foreign USD limit now activates automatically once travellers cross border

The Bank of Maldives has introduced a series of targeted measures to strengthen the allocation of foreign currency,…

BML Partners with SMU to Build Next Generation of Banking Leaders

The Bank of Maldives (BML) has formalised a strategic partnership with Singapore Management University (SMU), marking a significant…

Explained: The truth behind foreign transaction charges in Maldives

For many Maldivians, the frustration feels familiar. A purchase is made overseas or on an international website, the…

BML Rejects Rumors of Secret 30% Charges on Hundreds of Merchants

An X post by Mohamed Saeed, Spokesperson of the Bank of Maldives (BML), has firmly dismissed allegations circulating…

“Over USD 100M Facilitated in Q1 TTs,” Says BML CEO Shareef

The Bank of Maldives (BML) facilitated more than USD 100 million in Telegraphic Transfers (TT) during the first…

BML Spokesperson Fires Back at Forex Claims, Says No Black Market Involvement

An X post by Mohamed Saeed, Spokesperson of the Bank of Maldives (BML), has firmly dismissed allegations circulating…

BML Posts MVR 631M Profit as Assets Cross Historic MVR 60B in Q1 2026

Bank of Maldives (BML) has opened 2026 with strong financial momentum, reporting a 27 percent year-on-year rise in…

BML Rejects Adhadhu Report, Confirms Dollar Support for TTs Ongoing

The Bank of Maldives has firmly rejected claims published by Adhadhu alleging that the bank has halted US…

BML Signs Two-Year Deal to Support WeRUN Maldives

Bank of Maldives has entered into a two-year partnership with WeRUN Maldives to support a corporate relay race…

BML Slashes Home Construction Equity to 5%, Opening Doors for Thousands

The Bank of Maldives has announced a major policy shift, reducing the minimum equity requirement for Home Construction…