Bank of Maldives
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NewsMVR 750 million included in budget for housing equity scheme
The Maldivian government has allocated MVR 750 million in the 2025 budget for a new housing equity scheme. The program provides up to MVR 200,000 to help citizens cover down payments for home construction or flat purchases. This initiative aims to assist landowners who lack the financial capacity to build their own homes.
BusinessBML slashes equity to five percent for some housing loans
Bank of Maldives has reduced the equity requirement for housing loans under MVR 3 million from 20% to just 5%. The bank also lowered interest rates to 9.5% and removed additional collateral requirements for these loans. This change aims to make homeownership more affordable by easing the burden of large down payments.
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Agreements signed to provide housing grants
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Hunger strike ends following assurances over serial harasser
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"Hunger strike will end when govt guarantees solution"
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Housing grants to help meet bank equity requirements
Business
"No obstacles to conducting online transactions now"
Business
BML named among the World’s Best-Performing Banks
Report
Who is watching our dollars? A question for the regulator
Business
BML caps monthly dollar ATM withdrawals at USD 3500
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Mihad and Sahar removed from MACL board
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"Formed FX company due to receiving income in dollars"
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Currency exchange company under Falah's name
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BML fails to resolve USD transfer and TT issues despite deadline
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BML announces 12-story office building in Malé
Report
Fed rate hike will exacerbate dollar crisis in Maldives
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Project to build international bowling arena in Hulhumale'
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Nasheed calls on audit firms to disclose BML finances
Business
Businesses face challenges in securing dollar support from BML
Business