BML ATM network expands to 82 new islands, supported 122,000 transactions

The Bank of Maldives (BML) has reported significant growth in its ATM network this year, with automated teller machines now installed on 82 islands nationwide. As of yesterday, these ATMs have proc...

Mohamed Hilmy

29 September 2025, 00:00

Of this total, deposits alone reached MVR 145 million, reflecting increased usage of self-service banking across the country. The bank’s data also highlights strong daily engagement, with the Malé City ATM network handling an average of 14,000 transactions per day, amounting to MVR 78 million. Meanwhile, ATMs in the atolls facilitate around 9,000 transactions daily, totaling MVR 25 million.

BML’s expansion of ATM services into the atolls is part of the bank’s broader commitment to enhancing financial inclusion and providing convenient access to banking services for residents outside the capital. With a steadily increasing number of transactions, the ATM network has become an essential tool for both deposits and withdrawals, helping to streamline everyday financial activities for communities across the Maldives.

As the bank continues to expand its self-service infrastructure, the enhanced accessibility is expected to further drive the use of digital and automated banking, supporting both local economic activity and the financial well-being of island residents.

BML ATM network expands to 82 new islands, supported 122,000 transactions

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