BML Begins Expansion of ATM Services Across Raa Atoll with Inauguration in Vaadhoo

Bank of Maldives (BML) has inaugurated self-service banking ATM services in R. Vaadhoo, launching a major initiative to establish ATM services across all inhabited islands of Raa Atoll under its “Mulhi Raajje ah BML ATM” program.

The inauguration ceremony, held today in Vaadhoo, was attended by Minister of Cities, Local Government and Public Works, Adam Shareef Umar, along with BML Chairperson Ahmed Ali Habeeb, Chief Executive Officer and Managing Director Mohamed Shareef, and senior officials of the bank.

Speaking at the ceremony, CEO and MD Mohamed Shareef said the launch in Vaadhoo marks the first step in extending services throughout the atoll. “We are proud to establish our ATM services in R. Vaadhoo, marking the beginning of our work to establish ATM network across the atoll. Today we will start our ATM services in 8 additional islands, reflecting our commitment to provide accessible banking services in every corner of the country,” he said.

The expansion is part of BML’s broader strategy to strengthen its nationwide presence and accessibility. Currently, the bank operates 42 branches across all 20 atolls, 180 self-service banking centres, and 238 ATMs, alongside advanced digital banking platforms.

As the largest financial institution in the Maldives, BML continues to position itself as a community-focused bank, providing innovative banking solutions while extending services to previously underserved islands.