Bank of Maldives
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NewsSBI granted permission to sell island to recover MVR 869 million
The minimum price for the sale of Dholhiyadhoo island has been set at USD 15 million. The court permitted SBI to sell the island within 45 days. If a buyer can be found within that duration, the money will be divided among the three banks within 10 days.
BusinessBML to reduce foreign transaction limit
The monthly limit for foreign transactions is due to be reduced from USD 250 to USD 225 for debits cards and from USD 750 to USD 675 for credit cards, Adhadhu has learned.
