Minister meets agencies to discuss anti-scam measures

This is the first time that a ministry has taken the initiative in holding consultations with agencies regarding the rising scamming in the country.

24 October 2022

New central bank governor meets all banks

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

20 August 2024

Instant payment system trials begin

The instant payment system is designed to make financial transactions easy and secure with the help of modern technology.

26 July 2023

Azima ordered to pay 4.2m debt

The polls will be held on the 13th of this month for the mayoral election she is contesting in.

2 January 2024

Ex-MP pays MVR 4m debt in recovery suit

In its letter to the court, MIB said that in view of the complaint filed against Nihan and Inan, the money sought by the bank has been collected.

25 January 2023

2 more banks join MMA's instant payment system

The MMA said the banks will start pilot testing of 'Favara' from next Wednesday with the agreement signed on Sunday.

6 November 2023

Foundation laid for Ihavandhoo fisheries complex

The foundation stone was laid by Fisheries Minister Ahmed Shiyam, MIFCO CEO Dr. Vitaly Lubimov, and Ihavandhoo Island Council President Ahmed Sobah.

30 January 2025

MIB upgrades internet banking for dollar exchange

MIB, the only fully-fledged Islamic bank in the Maldives, continues to expand its digital services.

18 February 2025