Bank of Maldives (BML) has commenced practical works on a new branch in Raa Alifushi, with a ground-breaking ceremony held on Monday. The branch, expected to be completed next year, will expand BML’s services in Raa Atoll, where it already operates branches in Ungoofaaru, Dhuvaafaru, and Meedhoo. Nationwide, BML has 42 branches, as well as self-service centres, ATMs, agent banking, and digital platforms.