Bank of Maldives (BML) has recorded MVR592 million as profit before tax for the second quarter of 2017.
According to BML, The first half of 2017 was seen by the bank to step up its investment program with the addition of 3 new branches and 11 new Self Service Banking Centres. The bank also stated that their support has been extended to 30 different community organisations through donations and collaboration projects, adding that they are committed to investing MVR 300 million in at least 22 different islands this year, which will create 150 new jobs in the process.
Demand for mobile and internet services provided by the bank continues to grow and over 90% of all transactions are now online.
CEO and Managing Director, Andrew Healy, commented, “We are pleased with the positive first half of the year and the outturn is a little better than we had expected due mainly to solid customer demand for our products and services."
BML further highlighted that their staff have shown terrific commitment during their ‘Aharenge Bank’ community campaign which has seen an unprecedented number of events and initiatives designed to demonstrate our commitment to, and bond with, the communities we serve. The bank also expressed hope in continuing to work through the positive momentum for the rest of the year.
With a nationwide network of 34 branches across all 20 atolls, 28 Self Service Banking Centres, 86 ATMs, 4,000 Point of Sale merchants, 200 agents and a full suite of Digital Banking services, Bank of Maldives is committed to supporting individuals, businesses and communities across Maldives.
