BML Expands ATM Network to Vaavu Atoll Fulidhoo and Thinadhoo

Bank of Maldives (BML) has inaugurated Self-Service Banking ATMs in Vaavu Atoll’s Fulidhoo and Thinadhoo as part of its “Mulhi Raajje ah BML ATM” initiative, strengthening financial access for local communities.

The new ATMs were officially opened today at a ceremony attended by President Dr. Mohamed Muizzu, government ministers, BML Chairperson Ahmed Ali Habeeb, Chief Executive Officer and Managing Director Mohamed Shareef, and senior bank officials.

Speaking at the event, CEO and Managing Director Mohamed Shareef highlighted the significance of the expansion, noting that Vaavu Atoll now hosts self-service banking facilities in Fulidhoo, Thinadhoo, Keyodhoo, and Feridhoo, alongside a full-service branch in Felidhoo. He further announced that an ATM will be launched tomorrow in V. Rakeedhoo, which will mark full coverage of self-service banking across all inhabited islands in the atoll.

“With the two new ATMs launched today, Vaavu Atoll now has self-service banking facilities in Fulidhoo, Thinadhoo, Keyodhoo and Feridhoo, in addition to a full-service branch in Felidhoo. We look forward to launching our ATM in V. Rakeedhoo tomorrow to complete the important milestone of expanding our ATM network to cover all inhabited islands in the atoll to ensure financial inclusion for our communities,” Shareef stated.

Bank of Maldives is the largest financial institution in the country, operating 42 branches across all 20 atolls, 165 Self-Service Banking Centres, 224 ATMs, as well as nationwide Agent Banking services and advanced digital banking platforms.