Bank of Maldives (BML) on Monday, 28th February 2022, reported on opening a new self-service banking ATM center in Raa atoll Maduvvari.
The new service introduction comes as part of the bank’s strategy to expand banking services to support local communities. The self-service banking ATM center will provide cash withdrawal, deposit, and transfer services to individuals and businesses on a 24-hour basis.
Currently, the atoll has two branches with self-service banking facilities in Ungoofaaru and Meedhoo. In addition to this, self-service banking centers have been established in the islands of Alifushi, Dhuvaafaru, and now Maduvvari.
Speaking about the bank’s expansion, the CEO and Managing Director of BML Mr. Tim Sawyer said, “Opening this ATM center in Maduvvari demonstrates our commitment to expand access to convenient banking services in the atolls.”
The national bank of the island nation currently boasts 35 branches across all 20 atolls, 79 self-service banking centers, 137 ATMs, over 200 agents, and a full suite of digital banking services (which includes internet and mobile banking applications).