President Dr Mohamed Muizzu inaugurated the expansion of Bank of Maldives (BML) ATM services to all islands during an event at the President's Office this afternoon.
On the occasion, a Memorandum of Understanding (MoU) was signed between the Ministry of Economic Development and Trade and the Bank of Maldives to provide Bank of Maldives ATM services to the entire Maldives.
At a ceremony, the newly installed ATM from the new project was unveiled. This ATM has been installed in Omadhoo. Currently, the Bank of Maldives (BML) has set up 190 ATMs across the country, and by the end of 2025, the project aims to establish over 250 ATMs nationwide. This initiative aligns with the President's pledge to provide ATM services in all inhabited islands of the Maldives, ensuring that all Maldivians have access to banking services.
During the event, Bank of Maldives CEO Mohamed Shareef presented a memento to the President.