BML opens a new branch in Kudahuvadhoo

Bank of Maldives (BML) has opened a new branch in Dh. Kudahuvadhoo – in a move that the national bank says reaffirms its commitment to enhancing banking accessibility and supporting economic growth across the atolls.

The new branch was inaugurated in a ceremony held on Saturday on the island, attended by Finance Minister Moosa Zameer, as well as BML’s CEO and Managing Director Mohamed Shareef and other senior officials of the bank.

According to BML, the newly built branch replaces the original Kudahuvadhoo branch and strengthens the bank’s ability to serve the growing needs of Kudahuvadhoo and nearby islands, offering greater convenience and faster service for customers.

Speaking at the inauguration ceremony, Shareef said that the new branch in Kudahuvadhoo reflects BML’s continued investment in regional infrastructure and commitment to modern banking.

“As a paperless branch, services will be provided digitally, making banking more efficient and convenient for our customers,” he added. “This facility will strengthen our ability to serve individuals, families, and businesses in the region.”

The BML has announced plans to expand its physical presence through the establishment of 12 new branches across the country this year, reinforcing its commitment to providing accessible banking services nationwide.

As the nation’s leading financial institution, BML operates an extensive nationwide network of 42 branches across all 20 atolls, 267 ATMs and advanced digital banking platforms.

The bank says it remains dedicated to supporting communities through innovative solutions and expanded service access.