Bank of Maldives (BML) has achieved a major milestone by introducing Self-Service Banking ATMs in seven islands of Haa Alifu Atoll, completing full ATM coverage across all inhabited islands in the atoll.
The newly launched ATMs are located in Utheemu, Thuraakunu, Uligan, Mulhadhoo, Maarandhoo, Thakandhoo, and Muraidhoo. This strategic expansion is part of BML’s “Mulhi Raajje ah BML ATM” initiative, aimed at enhancing financial accessibility and empowering communities across the country.
Speaking at the official ceremonies held to mark the occasion, attended by cabinet ministers and BML leadership, CEO and Managing Director Mohamed Shareef stated, “With the launch of ATMs across Haa Alifu Atoll under our ‘Mulhi Raajje ah BML ATM’ initiative, we are immensely pleased to have made great progress in our journey to expand access to banking across the Maldives. For individuals and businesses in Haa Alifu Atoll, today marks a transformative step, with 24/7 access to essential banking services on their residential island.”
Reflecting the immediate impact of this rollout, customers in Haa Alif Atoll have deposited over MVR 15 million within just 16 days of the bank beginning ATM installations in the atoll—an indication of strong local engagement and growing trust in banking infrastructure of BML.
This development also aligns with BML’s broader strategy to ensure that every inhabited island in the Maldives is equipped with banking services by the end of 2025, reinforcing the bank’s commitment to financial inclusion and economic development.
Today, Bank of Maldives operates 39 branches in all 20 atolls, 107 Self-Service Banking Centres, 165 ATMs, along with comprehensive Agent Banking Services and state-of-the-art digital banking platforms.
As BML continues to expand its network, this landmark achievement in Haa Alifu sets a precedent for accessible, community-driven banking—fuelling economic resilience and supporting the ambitions of businesses and individuals across the nation.
