BML opens its 40th branch in Dhuvaafaru

Bank of Maldives (BML) has expanded its services in R. Atoll with the opening of its new BML Islamic branch at Dhuvaafaru.

The branch was inaugurated by Housing Minister Abdulla Muththalib at an event held on Saturday. The event was also attended by the bank’s Chairperson Ahmed Ali Habeeb as well as Deputy CEO and COO Sahar Waheed.

According to BML, the new branch at Dhuvaafaru will offer a full range of Islamic banking services focusing on “Islamic Finance First” policy in providing banking services.

We are continuing to expand our services in Raa Atoll with the opening of a new BML Islamic Branch at Dhuvaafaru, our 40th branch to open across the country!

This branch will offer a full range of Islamic banking services to the community focusing on our “Islamic Finance First”… pic.twitter.com/JXy32ePfw5

— Bank of Maldives (@bankofmaldives) July 19, 2025

BML said that this strategic expansion reinforces the bank’s position as the Maldives' leading financial institution, with an extensive network comprising 40 branches across all 20 atolls, 133 self-service Banking centers, 188 ATMs, comprehensive agent banking services, and advanced digital banking solutions.

Alongside its growing network of physical access points, the bank has also been investing in digital channels and partner services to meet the evolving needs of its customers.

The BML’s first branch was opened in Male’ in 1982.

With focus on financial inclusion, the national bank continues to expand its services to ensure banking services are available on each island.

The branch in Dhuvaafaru is the bank’s 40th branch.