Gov’t Lays Foundation for New BML Branch in Hinnavaru

The government has commenced the establishment of a new Bank of Maldives (BML) branch in Hinnavaru, Lhaviyani Atoll, following an official foundation stone-laying ceremony on Monday.

The event was attended by President Dr Mohamed Muizzu, cabinet ministers, BML Chairman Ahmed Ali Habeeb, CEO and Managing Director Mohamed Shareef, and senior bank officials.

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BML stated that the new branch will enhance financial services in Lhaviyani Atoll, which is currently supported by a branch in Naifaru and self-service ATMs across all inhabited islands.

The bank operates 42 branches across 20 atolls, along with 200 self-service banking centres and 258 ATMs. It also provides online banking services and emphasises its commitment to supporting individuals, businesses, and communities throughout the Maldives.