The Maldives and India have signed a USD 400 million and INR 30 billion currency swap agreement. The agreement was signed between…
The Bank of Maldives (BML) on Monday announced that it has begun accepting RuPay cards on its ATMs and POS terminals. RuPay,…
Bank of Maldives (BML) has announced the winners of its inaugural ‘Bank Fund’ – an initiative targeted to empower NGOs and drive…
TechFin Maldives Pvt Ltd, a subsidiary of Ooredoo Maldives, on Monday announced officially receiving the Payment Service Provider (PSP) license from the…
The Maldives Inland Revenue Authority (MIRA) has recovered MVR 639 million in outstanding tax debt through strong enforcement actions during the last…
The Bank of Maldives (BML) is celebrating 20 years of exclusive partnership with American Express. While the celebratory kick-off event was held…
The State Bank of India (SBI) has subscribed the USD 50 million government treasury bill (T-bills) for one more year. Subscription of…
The Maldives government, via the Maldives Inland Revenue Authority (MIRA), collected a revenue of MVR 1.98 billion for the month of August…
Bank of Maldives (BML) Chief Executive Officer, Karl Stumke, has resigned from his post. The bank confirmed Stumke’s resignation on Monday in…
The Maldives’ official reserves, inclusive of the usable reserve and the Sovereign Development Fund (SDF), are projected to reach above USD 606…