BML Completes ATM Coverage in V. Atoll With Launch in Rakeedhoo

Bank of Maldives (BML) has expanded its nationwide ATM network by establishing self-service facilities in all inhabited islands of Vaavu Atoll, following the inauguration of a new ATM service in V....

Mohamed Hilmy

20 September 2025, 00:00

The opening ceremony in Rakeedhoo was attended by President Dr. Mohamed Muizzu, cabinet ministers, BML Chairperson Ahmed Ali Habeeb, and the bank’s CEO and Managing Director Mohamed Shareef, along with other senior officials.

Speaking at the event, Shareef highlighted the milestone achieved under the “BML ATM for the Entire Maldives” project. “With this launch, we have now established ATM services in all inhabited islands of 12 atolls. Each of these ATMs enhances financial inclusion for the community and opens a door to easy access to basic banking services,” he said.

As part of the same project, BML is also set to inaugurate ATM services in F. Feeali and Bilehfahi later today.

The state-owned lender, which already operates the most extensive financial network in the country, continues to expand access to modern banking services. Its network currently includes 42 branches across 20 atolls, 166 self-service banking centers, 225 ATMs, and advanced online banking platforms designed to serve individuals, businesses, and communities nationwide.

BML Completes ATM Coverage in V. Atoll With Launch in Rakeedhoo

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