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BML’s Investment Program Continues with New Branches in Hoarafushi and Ihavandhoo

BML’s Investment Program Continues with New Branches in Hoarafushi and Ihavandhoo


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Bank of Maldives has extended its reach in the atolls with the opening today of two new branches in Hoarafushi and Ihavandhoo in HaaAlif Atoll.

Both branchesare equipped with 24 hour ATMs that facilitate deposits as well as withdrawals, and bank staff will be on hand during banking hours to assist with account opening, loans and card services.

The branches were officially inaugurated at two separate ceremonies held today on the respective islands. BML’s CEO and Managing Director Andrew Healy commented “We are delighted to be able to support the people, businesses and economies of Hoarafushi and Ihavandhoo with these fine new branches. These investments form part of our recently-announced program whereby we will double our overall investment in local communities and create 150 new jobs in the process.”

With a nationwide network of 33 branches across all 20 atolls, 80 ATMs, 4,000 Point of Sale merchants, 200 cash agents, 22 Self Service Banking Centres and 5 Dhoni BankingUnits, as well as a full suite of Digital and Online Banking Services, Bank of Maldives iscommitted to supporting individuals, businesses and communities across Maldives.