Bank of Maldives (BML) has announced its financial results for 2025, achieving a historic milestone. According to the figures, the bank earned a profit of 3.2 billion rufiyaa before tax deductions in 2025, representing a 10 percent increase compared to the previous year. In the final quarter alone, operating profit reached 828.7 million rufiyaa.

The bank’s financial position has strengthened further, with total assets exceeding 55.7 billion rufiyaa. Alongside this growth, the bank disbursed 10 billion rufiyaa in new loans to individuals and businesses last year. Significant changes were also introduced, including the launch of ‘Hiyaavehi Financing’ at a 5 percent rate to provide housing relief, and reducing home loan equity requirements to 5 percent.

As part of efforts to expand services nationwide, ATM services are now available on all inhabited islands in the Maldives. The expansion of digital services, including the introduction of the ‘Swipe’ digital wallet and foreign currency accounts, are also notable achievements. BML CEO Mohamed Shareef stated that these results demonstrate the bank’s strategic goals have been achieved while continuing to support the community.