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BML Seeks License to Open Branch in Sri Lanka

Photo Credits: PSM News

Bank of Maldives (BML) has officially submitted an application to the Central Bank of Sri Lanka to obtain the necessary license to establish a branch in the country. BML’s CEO, Mohamed Shareef, emphasized that strengthening the bank’s capital base is a crucial step toward expanding its international presence. As a leading financial institution with services established across every atoll in the Maldives, BML continues to achieve significant financial milestones. Notably, the bank disbursed a record volume of loans last year, while also seeing substantial growth in overall profitability and customer deposits.

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