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Bank of Maldives (BML) is the leading financial institution in Maldives inaugurated on November 11, 1982. They are a full-service bank offering personal, business and corporate financial services to over 300,000 customers. Bank of Maldives has an extensive network of branches, agents, relationship managers and online banking facilities in the ...
List of banks in the Maldives. Bank of Ceylon - Malé Branch [1] [2] Bank of Maldives. Commercial Bank of Maldives. Maldives Islamic Bank. The Mauritius Commercial Bank (Maldives) Private Limited. The Hongkong and Shanghai Banking Corporation. State Bank of India. Habib Bank Limited.
State Bank of India. State Bank of India ( SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra. It is the 47th largest bank in the world by total assets and ranked 221st in the Fortune Global 500 list of the world's biggest corporations of 2020, being the only Indian bank ...
Maldives' interest relates to its identity as a small island state, especially economic development and environmental preservation, and its desire for closer relations with France, a main actor in the IOC region. The Maldives is a founding member of the South Asian Association for Regional Cooperation . The republic joined the Commonwealth in ...
v. t. e. Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2000s this has become the most common way that ...
The banking industry dominates the small financial sector of the Maldives. The country's seven banks are regulated by the Maldives Monetary Authority. [17] The Maldives has no income, sales, property, or capital-gains taxes, and has been considered to have the simplest tax code in the world. [18]
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The Maldives Monetary Authority (MMA) is the central bank of the republic of Maldives and was established on July 1, 1981, under the mandate provided by the "“Maldives Monetary Authority Act 1981" located in the capital city of Malé. The current governor is Ahmed Munawar and deputy governor is Ahmed Imad. [4]