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Inauguration of Development Bank of Maldives

Malé City - November 16, 2024: Inauguration of Development Bank of Maldives (DBM). The bank was inaugurated at a ceremony held at the Islamic Center yesterday, by President Dr. Mohamed Muizzu. He also visited the bank's office after. The bank will seek to address the challenges in funding PSIP projects through syndication finance and increase the attractiveness of foreign currency deposits in the country’s banking system. The bank will provide funds for government and private sector projects, the Economic Ministry said -- Photo: President's Office

President Dr. Mohamed Muizzu visiting the Development Bank of Maldives after its inauguration -- Photo: President's Office

President visiting Development Bank of Maldives following it's inauguration -- Photo: President's Office

President Dr. Mohamed Muizzu and other political leaders of the government at the ceremony to inaugurate the Development Bank of Maldives -- Photo: President's Office

President Dr. Mohamed Muizzu inaugurating the Development Bank of Maldives -- Photo: President's Office

Some government leaders and management of DBM at the ceremony to inaugurate Development Bank of Maldives -- Photo: President's Office

President Dr Muizzu, ministers and other participants at the ceremony to inaugurate Development Bank of Maldives -- Photo: President's Office

Economic Minister Saeed speaking at the ceremony to inaugurate Development Bank of Maldives -- Photo: President's Office

Some participants of the ceremony to inaugurate Development Bank of Maldives -- Photo: President's Office

Some participants of the ceremony to inaugurate Development Bank of Maldives -- Photo: President's Office

Some participants of the ceremony to inaugurate Development Bank of Maldives -- Photo: President's Office

Some participants of the inauguration ceremony of Development Bank of Maldives -- Photo: President's Office

CEO of the newly opened Development Bank of Maldives speaking at the bank's inauguration ceremony -- Photo: President's Office

Several Maldivian ministers in the inauguration event of the first Development Bank of Maldives -- Photo: President's Office

President Dr Mohamed Muizzu visiting the newly opened Development Bank of Maldives after its inauguration -- Photo: President's Office

President Dr Mohamed Muizzu visiting the newly opened Development Bank of Maldives after its inauguration -- Photo: President's Office