BML Expands Services in Kudahuvadhoo with New Self-Service ATM and Branch Development

Bank of Maldives (BML) has announced a major expansion of its services in Dh. Kudahuvadhoo, unveiling a new Self-Service Banking ATM and commencing the construction of a new branch to enhance banking accessibility in the atoll.

The groundbreaking ceremony, a significant milestone in BML’s continued efforts to expand financial services across the Maldives, was led by BML Chairman Ahmed Ali Habeeb and CEO & Managing Director Mohamed Shareef. The event was attended by His Excellency President Dr. Mohamed Muizzu, along with cabinet ministers, government officials, and Kudahuvadhoo residents.

The newly installed Self-Service Banking ATM will provide a wide range of financial services, complementing the existing withdrawal ATM in the area. Customers will now have access to cash deposits, withdrawals, fund transfers, and loan and card payments around the clock, reducing the need to visit a physical branch for routine transactions.

Speaking at the ceremony, CEO & Managing Director Mohamed Shareef emphasized the bank’s commitment to improving accessibility and convenience for communities across the Maldives. “This investment in Kudahuvadhoo demonstrates our ongoing commitment to bringing convenient banking services closer to our communities. The new branch, once completed, will offer our full range of banking services to the people of Dh. Kudahuvadhoo and surrounding areas.”

With a vast network of 39 branches across all 20 atolls, 96 Self-Service Banking Centers, 152 ATMs, and Agent Banking Services, BML continues to play a pivotal role in ensuring nationwide banking accessibility.