BML Expands Maafushi Branch to Offer Comprehensive Banking Services

Bank of Maldives (BML) has announced the expansion of its Maafushi branch, which will now offer a complete range of banking solutions to both individuals and businesses. This enhancement aims to meet the increasing demand for banking services in Maafushi, a bustling hub for local tourism.
The newly expanded branch will operate as a full-fledged banking center, providing an array of services that include USD deposits and withdrawals, loan and financing applications, cheque deposits, issuing statements, and currency exchange. Additionally, the branch features an ATM center that offers 24/7 access to cash withdrawals, deposits, and transfers, ensuring convenience for both residents and visitors.
"Maafushi is a bustling hub for local tourism, and the demand for banking services has grown alongside the increasing number of visitors to the island. We are pleased to expand our presence in Maafushi and provide the community, businesses, and visitors with convenient access to a comprehensive suite of banking services," said Moosa Nimal, BML's Director of Retail, Business and SME Banking.
This expansion is a significant step in BML's commitment to supporting the economic growth of Maafushi. By offering a wide range of banking services, BML aims to facilitate the financial needs of local businesses, particularly those in the tourism sector, which is a major contributor to the island's economy. The expanded services will also benefit the residents of Maafushi, providing them with greater accessibility to essential banking solutions.
BML's Maafushi branch is now equipped to handle various financial transactions, making it easier for businesses to manage their finances and for individuals to access banking services without having to travel to other islands. This move is expected to enhance the overall banking experience for BML's customers in Maafushi.
With a nationwide network of 38 branches, 86 Self Service Banking Centers, 143 ATMs, over 200 agents, and a full suite of Digital Banking services, BML is dedicated to supporting individuals, businesses, and communities throughout the Maldives. The expansion of the Maafushi branch is part of BML's broader strategy to enhance its service offerings and improve accessibility to banking services across the country.
The bank's extensive network and digital banking services ensure that customers can perform a wide range of banking transactions with ease. BML continues to invest in its infrastructure and technology to provide innovative and efficient banking solutions.
As the leading bank in the Maldives, BML plays a crucial role in the country's financial sector. The bank's efforts to expand and improve its services reflect its commitment to fostering economic development and supporting the financial well-being of its customers.
The expanded Maafushi branch is expected to become a key banking hub for the island, catering to the needs of both locals and tourists. By providing comprehensive banking services, BML aims to support the island's growing tourism industry and contribute to the economic prosperity of the region.
In conclusion, the expansion of BML's Maafushi branch is a positive development for the island's residents and businesses. With enhanced banking services and improved accessibility, BML is well-positioned to meet the financial needs of its customers and support the continued growth of Maafushi's economy. The bank's commitment to innovation and customer service ensures that it will remain a trusted financial partner for individuals and businesses across the Maldives.