Bank Of Maldives (BML)

154 articles

Is BML's 'CCC-' rating a win?

Fitch Ratings assigned Bank of Maldives a 'CCC-' rating, reflecting a stable outlook despite significant economic risks. While the bank remains highly profitable, its rating is constrained by the Maldivian government's financial position and a critical shortage of US dollars, highlighting the bank's vulnerability to national instability.

3 months ago

News

BML files complaint against Adhadhu over dollar support article

Bank of Maldives has filed a complaint against news outlet Adhadhu over a report claiming the bank suspended dollar support for business transfers. The Maldives Media and Broadcasting Commission is investigating the matter, giving Adhadhu seven days to respond.

3 months ago

Business

Is BML's 'CCC-' rating a win?

BML files complaint against Adhadhu over dollar support article

BML seeks USD 300 million in sukuk to ease liquidity crunch

Finances managed well despite no CFO: BML

Concern as BML operates without CFO for six months!

BML amends terms to include consent for accessing travel data

BML sparks privacy outcry over Immigration data access

BML collaborates with Immigration to stop misuse of cards

BML fixes a daily budget for e-commerce sites

Letter demands a stop to destroying Villimale'

BML seeks license to open branch in Sri Lanka

BML cardholders complain about restrictions on e-commerce website

"Govt trying to obscure interest rate of Cargill loan"

Three local companies to build BML flats

Bank of Maldives misleads public over Dollar limit

BML warns action against customers who misuse USD limit

Contractors unable to begin work as bank yet to facilitate funds

BML defends loans to 206 projects distributed without bidding

BML ordered to lower interest rates for Hiya and Vinares loans

"USD ATMs will be installed in 70 islands by March"