BML

News

01 Jun, 2026

BML to Ease Online Dollar Limits by End of June, President Says

MALE’ — Bank of Maldives will significantly ease its restrictions on foreign currency spending by the end of June, President Dr Mohamed Muizzu said today, signalling relief for Maldivians who have struggled

News·Tourism

13 May, 2026

Maldives Tightens Foreign Currency Controls as Overseas Spending and Debt Pressure Reserves

The Maldives government and Bank of Maldives are tightening controls on how much foreign currency people can spend abroad. The pressure is coming from several directions at once: rising import bills, a

Gulf Crisis·News

19 Apr, 2026

Government Moves to Secure Essential Supplies and Stabilise Economy Amid Gulf Crisis

The government says it is taking coordinated steps to ensure the Maldives continues to receive essential goods, fuel and financial support as the conflict in the Middle East disrupts global markets and

In the Islands, an ATM Is Not a Luxury. It Is a Lifeline.

Across the scattered atolls of the Maldives, banking has never been the simple, high‑street affair imagined elsewhere. Here, where communities live on islands separated by hours of sea, access to cash is

03 Apr, 2026

Leaders·News

BML Working to Open First Overseas Branch in Sri Lanka, Says CEO

The Bank of Maldives (BML) is preparing to open its first overseas branch in neighbouring Sri Lanka, CEO and Managing Director Mohammed Shareef has confirmed. Speaking to state media, Shareef said the

25 Mar, 2026

News

BML Reports Surge in Dollar Sales and Record Lending as Bank Expands National Role

The Bank of Maldives sold 70 per cent more US dollars last year compared to the previous year, CEO and Managing Director Mohammed Shareef has said, describing 2024 as one of the

25 Mar, 2026

Leaders·News

President Muizzu Attends Historic Oath Ceremony in Dhaka as Bangladesh Enters New Political Era

President Dr Mohamed Muizzu witnessed the swearing‑in of Bangladesh’s new leader and government, joining a select group of regional leaders at a moment of political change in one of South Asia’s largest

17 Feb, 2026

News

Maldives Signals High‑Level Engagement as President Muizzu Heads to Bangladesh

President Dr Mohamed Muizzu departed Malé on Monday evening for an official visit to Bangladesh, a trip that reflects the Maldives’ commitment to maintaining strong bilateral ties — and offers a clear

16 Feb, 2026

Leaders·News

Bank of Maldives Expands Overseas Spending Limits on Debit and Credit Cards

Malé, Maldives — Beginning Tuesday, Bank of Maldives (BML) debit cardholders will be able to make overseas point-of-sale (POS) transactions up to $1,000 per month, marking a significant expansion in foreign payment

10 Nov, 2025

News

Four Arrested in Airport Heist That Shook the Maldives’ Sense of Safety

VELANA INTERNATIONAL AIRPORT — The four men accused of robbing two Bank of Maldives (BML) employees at knifepoint early morning yesterday have been arrested and remanded in custody for five days, police

28 Oct, 2025

News

Bank of Maldives to Introduce Indian Rupee Accounts, Aiming to Bolster Trade and Remittances

Malé, Maldives — In a significant move to deepen economic ties with India, the Bank of Maldives (BML) announced on Friday that it will begin offering Indian Rupee (INR) accounts for personal

25 Jul, 2025

Business·India-Maldives·News

Bank of Maldives Raises Debit Card Limit for Overseas Spending, Adds Fees for E-Commerce

MALE’, Maldives — The Bank of Maldives (BML) announced on Monday that it will raise the monthly limit for overseas debit card transactions to $500 starting July 1, 2025, to support customers’

30 Jun, 2025

News

Bank of Maldives Apologizes After ATMs Apparently Decide to Double-Dip Customer Accounts

MALE,—Bank of Maldives (BML) found itself in hot water after admitting to a glitch that gleefully deducted money from customer accounts twice, like an overzealous tax collector with a vendetta. The bank,

12 Apr, 2025

News

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BML

BML to Ease Online Dollar Limits by End of June, President Says

Maldives Tightens Foreign Currency Controls as Overseas Spending and Debt Pressure Reserves

Government Moves to Secure Essential Supplies and Stabilise Economy Amid Gulf Crisis

In the Islands, an ATM Is Not a Luxury. It Is a Lifeline.

BML Working to Open First Overseas Branch in Sri Lanka, Says CEO

BML Reports Surge in Dollar Sales and Record Lending as Bank Expands National Role

President Muizzu Attends Historic Oath Ceremony in Dhaka as Bangladesh Enters New Political Era

Maldives Signals High‑Level Engagement as President Muizzu Heads to Bangladesh

Bank of Maldives Expands Overseas Spending Limits on Debit and Credit Cards

Four Arrested in Airport Heist That Shook the Maldives’ Sense of Safety

Bank of Maldives to Introduce Indian Rupee Accounts, Aiming to Bolster Trade and Remittances

Bank of Maldives Raises Debit Card Limit for Overseas Spending, Adds Fees for E-Commerce

Bank of Maldives Apologizes After ATMs Apparently Decide to Double-Dip Customer Accounts

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