Bank of Maldives launched 90 new Cash Recycling ATMs at a ceremony, bringing its network to 340 ATMs across 187 islands. CEO Mohamed Shareef said the network processed 8.4 million transactions in 2025, facilitating MVR 17.1 billion in deposits.
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Speaking at a special ceremony held last night to mark the simultaneous launch of 90 new Cash Recycling ATMs, CEO and Managing Director Mohamed Shareef highlighted the scale and significance of the bank’s rapid infrastructure growth.
Word for word from the report in The Standard. Open the report
Currently, there are 340 ATMs established across 187 islands throughout the Maldives. The total number of ATMs inaugurated since early 2025 effectively doubles the entire network that existed prior to this period,
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Speaking at a special ceremony held last night to mark the simultaneous launch of 90 new Cash Recycling ATMs
Word for word from the report in The Standard. Open the report
“Currently, there are 340 ATMs established across 187 islands throughout the Maldives.
Word for word from the report in The Standard. Open the report
“Currently, there are 340 ATMs established across 187 islands throughout the Maldives.
Word for word from the report in The Standard. Open the report
BML’s ATM network processed 8.4 million transactions in 2025
Word for word from the report in The Standard. Open the report
Earlier reports gave approximately 8.4 million 1 Apr, 21:48 The Standard
the ATMs installed across 105 islands last year alone contributed
Word for word from the report in The Standard. Open the report
the ATMs installed across 105 islands last year alone contributed MVR 356 million in deposits
Word for word from the report in The Standard. Open the report