BML to hold its 2025 AGM on Saturday

Bank of Maldives (BML)'s AGM on May 28, 2025. (Photo/BML)

The Bank of Maldives (BML) is set to host its 43rd Annual General Meeting (AGM) this Saturday at 9:00 pm at the Barcelo Nasandhura Male. Shareholders will convene to review the 2025 financial performance, which included a record profit after tax of MVR 2.5 billion—a 9.8 percent increase year-on-year. The agenda encompasses critical strategic approvals, including dividend declarations, a proposed share split, the issuance of bonus shares, and amendments to standing orders. With total assets reaching MVR 55.8 billion and a record MVR 10 billion in new loan disbursements, the bank demonstrates substantial fiscal strength and robust operational growth for the reporting period.

BML 43rd AGM scheduled for Saturday at 9:00 pm at Barcelo Nasandhura Male.
Shareholders have the option to attend the meeting in person or virtually via FahiVote.
The agenda features key financial approvals, including dividends and a proposed share split.
2025 financial highlights include a record profit of MVR 2.5 billion and MVR 10 billion in new loans.
The bank experienced significant growth, welcoming over 30,000 new customers.

The Bank of Maldives (BML) is scheduled to hold its 2025 Annual General Meeting this Saturday.

According to a notice issued by BML on Sunday, its 43rd AGM will begin at 9:00 pm on Saturday at the ballroom of Barceló Nasandhura Malé.

Shareholders and proxyholders can either attend the AGM in-person, or join it online via Maldives Securities Depository (MSD)’s meeting management system, FahiVote.

Pre-registration opened on March 16, and is set to close at 09:00 pm Thursday. Registration is also open via MSD’s online system, Infinity.

At the AGM, shareholders will approve the bank’s 2025 financial statements, audit report, and dividend. According to the BML, its Board of Directors will also be proposing the issuance of bonus shares, a share split and amendments to the bank’s standing orders – which also requires shareholder approval.

The BML has announced a record financial performance for 2025 with a profit after tax of MVR 2.5 billion, marking a 9.8 percent increase from the previous year.

Meanwhile, total assets increased to MVR 55.8 billion, and the bank disbursed MVR 10 billion in new loans to individuals and businesses – marking the highest amount issued in loans over a one-year period.

The bank also welcomed over 30,000 new customers last year, with the customers deposits rising by 16 percent compared to the previous year.