Bank of Maldives (BML) has approved the largest dividend payout in its history.
At last night’s Annual General Meeting, shareholders greenlit a total dividend of MVR 322,915,200 for the 2025 financial year, at a rate of MVR 60 per share. The meeting also resolved to issue two bonus shares for every existing share held, adding further value for current shareholders.
CEO and Managing Director Mohamed Shareef pointed directly to the bank’s financial strength as the driver behind the record distribution.
“This is a testament to the strength of our business and the trust our customers place in us,” Shareef said. He reaffirmed the bank’s commitment to generating long-term value through investment in individuals and businesses, and to supporting the broader growth of the Maldivian economy.
BML attributes the result to disciplined operations and a resilient business model. The dividend will go to all shareholders on the bank’s books as of the official book closure date.
Looking ahead, BML plans to accelerate the expansion of its digital services and strengthen its capacity to serve customers across all regions of the Maldives. The record payout signals confidence, not just in last year’s performance, but in the bank’s trajectory going forward.