BML posts MVR 481m in Q3
After tax, the company posted a net profit of MVR 481 million in the third quarter as against MVR 551 million in the previous quarter.
Bank of Maldives (BML) has posted a net profit of MVR 481 million in the third quarter of this year, according to its third quarter financial statements released on Monday.
According to the figures, revenue stood at MVR 1 billion during the period.
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The company also posted revenue of MVR 1 billion in the second quarter of this year
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MVR 1.1 billion in the first quarter
According to the figures, BML posted an operating profit of MVR 660 million in the third quarter.
After tax, the company posted a net profit of MVR 481 million in the third quarter as against MVR 551 million in the previous quarter.
The company posted a net profit of MVR 504 million in the first quarter.
Third quarter financial highlights:
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MVR 3.4 billion in new loans
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MVR 28.8 billion in total deposits
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Total loan amount is MVR 18.1 billion
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40,000 ATM transactions per day
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More than 2 million mobile banking logins per day
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40 million transactions through POSs
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More than 232,000 transactions per day through internet and mobile banking
