Maldives has reached milestone in financial inclusion: Governor of MMA

Governor of the Maldives Monetary Authority, Ahmed Naseer, has stated that Maldives, with its nationwide telecommunication coverage, has reached a milestone of financial inclusion, in the fields of telecommunication and mobile finance payment services.

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Governor of Maldives Monetary Authority. PHOTO: HUSSAIN WAHEED/MIHAARU

Ahmed Aiham

2018-11-16 13:14:58

Governor of the Maldives Monetary Authority, Ahmed Naseer, has stated that Maldives, with its nationwide telecommunication coverage, has reached a milestone of financial inclusion, in the fields of telecommunication and mobile finance payment services.

During the final day of the 35th Asian Bankers Association (ABA)'s General Meeting and Conference hosted by Bank of Maldives (BML) held at Kurumba Maldives, the Governor noted that the improvements in innovations in regards to cryptocurrency, big data and artificial intelligence (AI) have taken the traditional banking industry to a "whole new level."

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