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Bank Loans

Foreign banks transferred $200M abroad in 5 years: Governor

He said banks operating in the Maldives currently face limitations in financing projects such as resort developments, which require large amounts of capital.

BML raises loan age limit to 75 years

Until now, loans were issued on a maturity basis tied to a maximum borrower age of 60 years.

BML rejects claims of loan irregularities linked to govt projects

Last month, the government signed 206 agreements with private companies to implement projects in nine sectors.

26 November 2025

Foreign loan defaults by businesses: Growing economic concern

When companies default on their obligations, the impact extends beyond the immediate parties involved.

14 September 2025

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SDFC launches Shariah loans for local tourism

According to SDFC, the product provides financing arrangements that meet business needs while remaining in line with Shariah rules.

7 September 2025

Finance ministry now oversees development bank, Saeed says

He added that the government remains committed to the bank’s development and its role in supporting the Maldivian economy.

Home loans with 5% rates to start in October

Low interest loans for housing are on the government's 'Week 14' agenda.