Sun, 22 Mar 2026

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BML to hold Annual General Meeting on Saturday

22 Mar 2026

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Ainy Waheed

BML's AGM in 2025 --- Photo: Nishan Ali

Bank of Maldives (BML) has scheduled its 43rd Annual General Meeting (AGM) for Saturday at 9:00 p.m. at Barceló Nasandhura Malé .

The bank stated that the AGM will be held in a hybrid format, allowing shareholders and proxy holders to attend either in person or online via the Maldives Securities Depository (MSD) “FahiVote” system. Pre-registration is currently open through the “Infinity” platform and will close at 9:00 p.m. on Thursday.

Several key proposals are set to be presented at this year’s meeting, including a share split, the issuance of bonus shares, and amendments to the bank’s Articles of Association. These items will be subject to approval by shareholder resolution.

The AGM comes as BML reports strong financial performance for 2025. The bank recorded a net profit of MVR 2.5 billion after tax, reflecting a 9.8 per cent increase compared to the previous year.

Total assets rose to MVR 55.8 billion, supported by growth in its financial position. During the year, BML disbursed more than MVR 10 billion in new loans and financing, the highest annual figure in the bank’s history.

In addition, over 30,000 new customers joined the bank in 2025, while customer deposits increased by 16 per cent compared to 2024.

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