Bank of Maldives Acknowledges Its Pioneers As The National Bank Reminisce Its 40-Year History

The Bank of Maldives (BML) has recognized and acknowledged its pioneers, honouring them for their invaluable contribution that led to the establishment of the national bank 4 decades ago. Among the stellar lineup of founders include the former President of the Maldives, His Excellency Maumoon Abdul Gayyoom and the late Ismail Fathy. The awards were conferred during the event held to commemorate the Bank’s 40^th anniversary.

It was due to the ambitious vision of these two individuals that BML was incepted 40 years ago, shaping the banking history of the Maldives. During the time of inception, the Government of the Maldives had a 60% holding of shares and incorporated its commercial operation with the support of International Finance Investment Company Limited of Bangladesh.

In addition to this, BML also honoured its longest-serving employees at the event with three notable individuals recognized for their 40 years of service. This includes Aishath Noordeen, Fathimath Manike and Moosa Mohamed.

The national bank that laid its foundation four decades ago has grown tremendously in the past 40 years to become the largest banking network in the country, boasting one of the largest employee bases in the Maldives. With nationwide service expansion, BML is also truly a Maldivian bank with 99% of its workforce made up of diligent Maldivians.