Bank of Maldives has launched its ATM service in Kinolhas, Raa Atoll. The ATM service in Kinolhas was inaugurated by the Minister of State for Cities, Administrative Areas, and Public Works, Adam Shareef Umar, at a ceremony held on the island for this purpose. The ceremony was attended by BML’s CEO Mohamed Shareef, senior bank officials, members of the island council, and parliament members representing the atoll.
To mark the launch of the ATM service in Kinolhas, Minister Adam Shareef withdrew money from the ATM and then handed over a symbolic ATM card to the island council. The card was received on behalf of the island council by the Council President. The ATM installed in Kinolhas is a self-service machine that provides 24-hour cash withdrawal and deposit services. As part of Bank of Maldives’ efforts to establish ATM services in the islands of Raa Atoll, it has been arranged to launch ATM services in 9 islands during this phase. With this, ATMs will be installed on all inhabited islands of the atoll.
This project, a collaboration between Bank of Maldives and the government to provide ATM services on all inhabited islands of the Maldives, has so far launched the service in 15 atolls.
