Bank of Maldives reported a record net profit of MVR 2.25 billion for 2024, an 8% increase, at its Annual General Meeting on May 28, 2025, where shareholders approved a record dividend of MVR 296 million (MVR 55 per share). CEO Mohamed Shareef highlighted that 99% of transactions are now digital and outlined an aim to become the best digital bank in the region.
One outlet so far Only The Standard has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.
Bank of Maldives (BML) CEO and Managing Director Mohamed Shareef delivered a compelling vision for the bank’s future during its Annual General Meeting (AGM) on May 28, 2025, highlighting record-breaking financial results and an ambitious digital transformation strategy.
Word for word from the report in The Standard. Open the report
We are working towards the goal of becoming the best digital bank in the region and are excited about the possibilities that lie ahead in our digital transformation journey.
We are proud of our dedicated, long-serving, and loyal workforce. Their commitment and hard work drive the bank forward every day. By investing in our people, we ensure that they are empowered to serve our customers with excellence.
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Shareef announced that BML achieved a net profit of MVR 2.25 billion in 2024, marking an 8% increase from the previous year.
Word for word from the report in The Standard. Open the report
Earlier reports gave MVR 717 million 18 May, 09:14 The StandardMVR 81.71 million 2 Nov, 18:29 Maldives Republic
Shareef announced that BML achieved a net profit of MVR 2.25 billion in 2024, marking an 8% increase from the previous year.
Word for word from the report in The Standard. Open the report
Earlier reports gave 53.76 percent 2 Nov, 18:29 Maldives Republic
Total assets surpassed MVR 48 billion, and customer deposits reached MVR 32 billion, capturing 58% of the market share.
Word for word from the report in The Standard. Open the report
Total assets surpassed MVR 48 billion, and customer deposits reached MVR 32 billion, capturing 58% of the market share.
Word for word from the report in The Standard. Open the report
shareholders approved a record dividend payout of MVR 296 million, equating to MVR 55 per share—the highest in the bank’s history.
Word for word from the report in The Standard. Open the report
Earlier reports gave MVR 50 per share 29 May, 16:04 Maldives Republic
Shareef noted that 99% of BML’s financial transactions are now conducted through digital channels, amounting to over 220 million transactions worth more than MVR 540 billion.
Word for word from the report in The Standard. Open the report
Shareef noted that 99% of BML’s financial transactions are now conducted through digital channels, amounting to over 220 million transactions worth more than MVR 540 billion.
Word for word from the report in The Standard. Open the report
Shareef noted that 99% of BML’s financial transactions are now conducted through digital channels, amounting to over 220 million transactions worth more than MVR 540 billion.
Word for word from the report in The Standard. Open the report