Bank of Maldives Completes ATM Network Across All Inhabited Islands of L. Atoll

The Bank of Maldives (BML) has achieved another significant milestone in its nationwide expansion efforts with the establishment of Self-Service Banking ATM services in L. Kalaidhoo, marking the completion of ATM coverage across all inhabited islands of Laamu Atoll.

The new service was inaugurated today at a special ceremony attended by President Dr. Mohamed Muizzu, government ministers, BML Chairperson Ahmed Ali Habeeb, CEO and Managing Director Mohamed Shareef, and senior officials of the Bank.

Speaking at the ceremony, BML CEO and Managing Director Mohamed Shareef highlighted the achievement as part of the Bank’s broader vision to strengthen financial inclusion across the country. “Today, with the completion of L. Atoll, we are proud to celebrate the introduction of ATM services in all inhabited islands of 19 atolls under the ‘Mulhi Raajje ah BML ATM’ initiative,” he said. “ATMs play a crucial role in bringing customers into the formal banking system, and as we expand our physical network, we remain committed to enhancing our digital banking services.”

The ‘Mulhi Raajje ah BML ATM’ initiative aims to ensure that every inhabited island in the Maldives has access to convenient banking services, reducing reliance on cash-based transactions and improving financial accessibility for local communities.

This latest expansion further strengthens BML’s position as the country’s leading financial institution, with a robust nationwide network that now includes 42 branches across all 20 atolls, 200 Self-Service Banking Centres, and 258 ATMs, complemented by advanced digital banking platforms.

Through ongoing investment in infrastructure and technology, the Bank of Maldives continues to reaffirm its commitment to supporting communities, fostering financial inclusion, and driving the Maldives’ transition toward a more accessible and digitally empowered banking ecosystem.