Maldives Development Bank | Atoll Times

Maldives Development Bank

Ex-CEO paid salary until resignation, DBM says

DBM also noted that the process of appointing a new CEO and Managing Director is ongoing in coordination with the PCB.

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.

Maldives development bank's chief resigns

The bank’s headquarters was officially opened in November, but operations have not yet commenced.

Development bank on schedule with institutional setup, Saeed says

While the bank is operational in terms of infrastructure, its activities have not yet commenced.

19 January 2025

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MMA grants licence to Maldives' first development bank

The Development Bank of Maldives was established on May 16 in alignment with the president's pledge.

13 October 2024

President meets chair, CEO of Maldives' new development bank

The Development Bank of the Maldives was established on May 16 in alignment with the president's pledge.