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MIB Records MVR 113 Million Profit in the First Quarter

Photo Credits: MIB

Maldives Islamic Bank (MIB) has achieved significant financial growth in the first quarter of this year, recording a net profit of MVR 113.5 million. This marks an increase of over MVR 18 million compared to the previous quarter, bringing the bank’s total assets to MVR 18.50 billion. Driven by strengthened customer confidence, the bank also saw notable growth in deposits and operating profits. In addition to its financial success, MIB continued its commitment to corporate social responsibility by supporting various social, educational, and environmental initiatives during this period.

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