Bank of Maldives (BML) has reduced the interest rate on the banks student loan "Kiyavaa Loans" to five percent.
At the ceremony held at CROSSROADS celebrating BML's 40th anniversary, the bank's Chairperson, Yooshau Saeed said the interest rate on the current and new "Kiyavaa Loans" issued by the bank will be reduced to five percent starting from February 1.