Ministry of Finance has secured funds to help sustain small and medium businesses as part of its previously announced Economic Stimulus package.
Bank of Maldives has partnered with the Ministry of Finance to support the implementation of the Economic Stimulus Loan.
The Economic Stimulus Loan will be available to businesses financially affected by the pandemic to finance up to MVR 7 million at a lower interest rate of 6%. This is an unsecured facility with a repayment period of 4 years.
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We need to follow requirements arising from laws that govern the activities of the Bank. If we cannot obtain sufficient information from you, we are not permitted to offer you services. We must know our customers well! It's easy to update your personal information through Internet Banking.
All our branches and service centres will be open on Sunday to Thursday from 8:00am to 12:00pm
Selected service centres in Male’ City will be open through pre-booked appointments, for services not available via online or self-service banking.