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Home » Maldives Monetary Authority » Bank of Maldives | ||||||||||||
Bank of Maldives |
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Bank of Maldives Limited (BML) was established on 11 November 1982. At present BML is majority owned by the Government, which holds a 51 percent shareholding directly, with a further 24 percent being held by State owned enterprises - the Maldives Transport and Contracting Company (MTCC), Atoll community organisations and the government employees’ provident fund. The general public holds the remaining 25 percent of shares. Currently there are 24 branches operating under the Head Office, of which, 18 branches are situated in the atolls. BML concentrates on general commercial banking activities, with limited development banking activities being undertaken as a special project, conducted through a separate development banking cell. The main business of the Bank is retail banking in addition to handling development banking activities in all the atolls of the Republic, Bank of Maldives PLC extends a variety of modern banking services online in a fully computerized environment and is proud to be serving the nation as the leading bank in the Maldives. Head Office: |
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