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Development Bank of Maldives

organization

Tracked since 2024-05-23

Founded 2024-05-16

DBM MDB
4
Mentions
13
Connections
4
Events
2026-01-29
Last Mention

First development bank in the Maldives, headquartered in Malé, established under the Companies Act.

The Development Bank of Maldives (DBM) is the nation's first 100% government-owned development bank, established in May 2024 and inaugurated in November 2024. It received its banking license in October 2024 and commenced operations under the Maldives Monetary Authority, headquartered in Malé.

Role development bank
Affiliation Government of Maldives
Location Malé, Maldives