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New development bank will serve as investors' hub, president says

Government had in July submitted a proposal to the central bank to seek approvals for the establishment of a development bank.

New central bank governor meets all banks

According to statistics, Maldives needs USD 508 million to repay foreign loans this year.

Who is Tan Su Shan, Singapore bank DBS's incoming CEO?

Analysts say they don't expect major changes in strategy for the Development Bank of Singapore.

2 foreigners identified as development bank chief, Saeed says

The minister said the main purpose of the MDB is to invest in sustainable economic and social development and to raise funds for infrastructure development.

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Millions mistakenly transferred recovered, BML says

The young man said the amount had also been deposited into the accounts of other employees of the resort.

Nigeria beats rivals for bid to host new Africa Energy Bank

The AEB initially has $5 billion to spend when it takes off later this year.

Anti-scam hindered by account seizure limits, BML says

A civil court ruling had decided that the bank could seize a customer's account only through a court order.

MIB digitalises business account opening

The bank has decided to hold the event every year in the future.

STO scraps plans for own digital bank to join Development Bank

The establishment of a development bank to provide concessional financing for development projects and such matters is a presidential promise.

No employee negligence in scam losses, BML says

Nimal said BML's internet banking security is in line with international standards.

Govt seeks licence to open Maldives' first development bank

President Muizzu wants the agency to become a trusted development bank in the region.