BML Approves Record MVR 269 Million Dividend Payout at MVR 50 per Share

Bank of Maldives Ltd. (BML) held its Annual General Meeting where shareholders approved a record dividend payout of MVR 269 million at MVR 50 per share, a 25.11% increase from the previous year's MVR 215 million at MVR 40 per share. CEO Karl Stumke highlighted the bank's exceptional 2023 performance and commitment to governance, customer centricity, and digitalization. The government, as the largest shareholder, will receive MVR 136.6 million from the dividend, plus MVR 628 million in tax for 2023.

Bank of Maldives Ltd. (BML) held its Annual General Meeting where shareholders approved a record dividend payout of MVR 269 million at MVR 50 per share, a 25.11% increase from the previous year's MVR 215 million at MVR 40 per share. CEO Karl Stumke highlighted the bank's exceptional 2023 performance and commitment to governance, customer centricity, and digitalization. The government, as the largest shareholder, will receive MVR 136.6 million from the dividend, plus MVR 628 million in tax for 2023.

Bank of Maldives Ltd. (BML) held its Annual General Meeting where shareholders approved a record dividend payout of MVR 269 million at MVR 50 per share, a 25.11% increase from the previous year's MVR 215 million at MVR 40 per share. CEO Karl Stumke highlighted the bank's exceptional 2023 performance and commitment to governance, customer centricity, and digitalization. The government, as the largest shareholder, will receive MVR 136.6 million from the dividend, plus MVR 628 million in tax for 2023.

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