Annual_report - The Edition

Annual Report

MVR 4.7 billion in banknotes circulated, 938,033 destroyed

3 May 2026

30,000 new customers to BML, deposits up 16 percent

26 Feb 2026

STO to hold Annual General Meeting on May 31

18 May 2023

STO generates MVR368 mil profit after tax in Q1-2023

2 May 2023

MVR 4.7 billion in banknotes circulated, 938,033 destroyed

3 May 2026

30,000 new customers to BML, deposits up 16 percent

26 Feb 2026

STO to hold Annual General Meeting on May 31

18 May 2023

STO generates MVR368 mil profit after tax in Q1-2023

2 May 2023

STO

STO holds "Dhekunu Foari" for southern branch staff

Staff from L. Fonadhoo, Fuvahmulah, GDh. Thinadhoo, Hulhumeedhoo and Addu City took part in Dhekunu Foari 2026.

2 Sept 2026

Umar Shan Shafeeq

STO introduces two scholarships for engineering

30 Aug 2026

STO introduces portable scanner to Maldives

20 Aug 2026

STO's posts MVR 279 profit in Q2

30 Jul 2026

Moo Milk full cream milk powder now at STO

20 Jul 2026

Public Companies

State spends MVR 300M on treasury loans to bump SOEs

The Ministry of Finance has revealed Maldives government has spent nearly MVR 300 million from 2023 fiscal budget on treasury loans to facilitate cashflow management of state-owned enterprises (SOEs).

15 Oct 2023

Mohamed Rehan

SOEs bring in MVR 148 million in profits for Maldives

1 Apr 2023

President appoints former NSPA head as Aasandha MD

23 Sept 2022

First National Company appointed as lead manager of MPL

19 Apr 2022

BML

BML named Platinum sponsor for World Travel Awards Asia

Visit Maldives stated that the WTA is making a comeback to Maldives after 10 years, and that the ceremony has become an important event where world leaders in the tourism industry meet in one place.

25 Sept 2026

Umar Shan Shafeeq

Government repayment of T-bill unrelated to BML, bank says

20 Sept 2026

USD transfers will return to normal next week: BML

19 Sept 2026

Over 70 transactions per second as E-commerce limits reset

14 Sept 2026

BML offers accounts and loans per Islamic banking principles

13 Sept 2026

Banking

Banks to increase MVR reserves held at MMA

MMA said its board had decided to reduce surplus rufiyaa liquidity by increasing the minimum reserve requirement (MRR) and expanding open market operations (OMO).

7 Aug 2026

Malika Shahid

Asian Bankers Association annual meeting in Maldives

31 Jul 2026

Favara-UPI linked, allowing instant transfers to India

30 Jul 2026

Bank income tax revenue up 160 percent

12 Jul 2026

BML and Mastercard partner to offer MVR 100,000

6 Jul 2026

mihaaru.com

Annual Report

MVR 4.7 billion in banknotes circulated, 938,033 destroyed

30,000 new customers to BML, deposits up 16 percent

STO to hold Annual General Meeting on May 31

STO generates MVR368 mil profit after tax in Q1-2023

MVR 4.7 billion in banknotes circulated, 938,033 destroyed

30,000 new customers to BML, deposits up 16 percent

STO to hold Annual General Meeting on May 31

STO generates MVR368 mil profit after tax in Q1-2023

STO

STO holds "Dhekunu Foari" for southern branch staff

STO introduces two scholarships for engineering

STO introduces portable scanner to Maldives

STO's posts MVR 279 profit in Q2

Moo Milk full cream milk powder now at STO

Public Companies

State spends MVR 300M on treasury loans to bump SOEs

SOEs bring in MVR 148 million in profits for Maldives

President appoints former NSPA head as Aasandha MD

First National Company appointed as lead manager of MPL

BML

BML named Platinum sponsor for World Travel Awards Asia

Government repayment of T-bill unrelated to BML, bank says

USD transfers will return to normal next week: BML

Over 70 transactions per second as E-commerce limits reset

BML offers accounts and loans per Islamic banking principles

Banking

Banks to increase MVR reserves held at MMA

Asian Bankers Association annual meeting in Maldives

Favara-UPI linked, allowing instant transfers to India

Bank income tax revenue up 160 percent

BML and Mastercard partner to offer MVR 100,000

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