News infrastructure / banking Maldives Impact 5.0/10 1 min read

Bank of Maldives Brings Paperless Banking to Kudahuvadhoo

Bank of Maldives (BML) opened a new branch in Dh. Kudahuvadhoo on Friday, replacing the previous branch to meet rising demand. The inauguration was attended by Minister of Finance Moosa Zameer and BML CEO Mohamed Shareef. The branch is paperless, operating primarily through digital platforms for faster service. Shareef stated the branch reflects BML's investment in regional infrastructure and shift to modern banking. BML also confirmed plans for further physical expansion.

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The Standard

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Jan 31, 2026

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📋 Story Brief

Bank of Maldives (BML) opened a new branch in Dh. Kudahuvadhoo on Friday, replacing the previous branch to meet rising demand. The inauguration was attended by Minister of Finance Moosa Zameer and BML CEO Mohamed Shareef. The branch is paperless, operating primarily through digital platforms for faster service. Shareef stated the branch reflects BML's investment in regional infrastructure and shift to modern banking. BML also confirmed plans for further physical expansion.

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Focus: Bank of Maldives Brings Paperless Banking to Kudahuvadhoo

Unique detail: Bank of Maldives Brings Paperless Banking to Kudahuvadhoo

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09:08

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The Standard

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Official government or institutional statement

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Related policy or operational changes