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BML Completes ATM Network Across Faafu Atoll

Bank of Maldives (BML) has officially established Self-Service Banking ATM services in Faafu atoll Dharanboodhoo and Magoodhoo, completing its ATM network across all inhabited islands of the atoll....

Mohamed Hilmy

21 September 2025, 00:00

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BML Completes ATM Network Across Faafu Atoll

Bank of Maldives (BML) has officially established Self-Service Banking ATM services in Faafu atoll Dharanboodhoo and Magoodhoo, completing its ATM network across all inhabited islands of the atoll.

The inauguration ceremony, held today, was attended by President Dr. Mohamed Muizzu, cabinet ministers, BML Chairperson Ahmed Ali Habeeb, CEO and Managing Director Mohamed Shareef, and senior officials of the bank.

Speaking at the event, CEO and Managing Director Mohamed Shareef highlighted the significance of the achievement, noting that residents of every inhabited island in Faafu atoll now have access to 24/7 modern banking services without the need to travel elsewhere. “We’re delighted to announce all inhabited islands in Faafu atoll now have our state-of-the-art Self-Serving banking ATMs to serve customers 24/7 without the need to travel to nearby islands. This is a significant milestone for the Bank and a much-anticipated service for the communities here. We remain committed to promoting financial inclusion across the country,” Shareef said.

BML, the country’s largest financial institution, continues to expand its services nationwide. The bank currently operates 42 branches across all 20 atolls, along with 169 Self Service Banking Centres, 228 ATMs, comprehensive Agent Banking services, and advanced Digital Banking solutions.

With the completion of this milestone in Faafu atoll, BML reaffirmed its ongoing commitment to strengthen financial accessibility and convenience across the Maldives.

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