Bank of Maldives (BML) has announced the completion of its Self-Service Banking ATM network across all inhabited islands of Vaavu Atoll, following the opening of new services in Rakeedhoo.
The inauguration ceremony in Rakeedhoo was attended by President Dr Mohamed Muizzu, cabinet ministers, BML Chairperson Ahmed Ali Habeeb, Chief Executive Officer and Managing Director Mohamed Shareef, and senior bank officials.
Speaking at the event, Mr Shareef highlighted the milestone achieved under the Bank’s Mulhi Raajje ah BML ATM project.
“Under the ‘Mulhi Raajje ah BML ATM’ project, we have now covered all inhabited islands in 12 atolls across the country. For each island and its community, each ATM installation represents a significant advancement in promoting financial inclusion and facilitating convenient access to banking services,” he said.
As part of the same initiative, ATMs were also installed today on Faafu Atoll’s Feeali and Bilehdhoo islands, extending the reach of banking services to more communities.
Bank of Maldives remains the country’s largest financial institution, with a nationwide network of 42 branches across all 20 atolls, 166 Self-Service Banking Centres, 225 ATMs, a comprehensive Agent Banking network, and a range of digital banking services.
