Bank of Maldives to Hold 43rd Annual General Meeting on March 28

Bank of Maldives has announced that its 43rd Annual General Meeting (AGM) will be held on Saturday, March 28.

The meeting is scheduled to take place at 9:00 p.m. at the ballroom of Barceló Nasandhura Malé, and will be conducted both in person and online.

Shareholders and their proxies will be able to attend physically or participate virtually through the Maldives Securities Depository’s (MSD) meeting management system, ‘FahiVote’. Pre registration for the AGM is now open and will close at 9:00 p.m. on March 26. Participants can also register via MSD’s online platform, ‘Infinity’, available at www.infinity.mv.

The AGM serves as a key platform for strengthening engagement between the bank and its shareholders. During the meeting, the Board of Directors will present proposals to amend the bank’s governing regulations, including plans to issue bonus shares, undertake a share split, and introduce recommendations aimed at broadening shareholder participation.

The bank has encouraged all shareholders to take part in the meeting.

BML reported record financial results for 2025, reflecting strong performance and continued expansion of its services. The bank recorded a profit after tax of MVR 2.5 billion for the year, marking a 9.8% increase compared to 2024.

Total assets grew to MVR 55.8 billion, driven by balance sheet expansion. Over the year, the bank disbursed MVR 10 billion in loans and financing—the highest annual figure in its history—supporting individuals, small and medium-sized enterprises (SMEs), corporate clients, and key sectors of the economy.

Additionally, more than 30,000 new customers joined the bank in 2025, while customer deposits increased by 16% compared to the previous year, underscoring strong public confidence in the bank’s services.