MIB Implements New Limits on Foreign Card Transactions
Maldives Islamic Bank (MIB) introduces new e-commerce transaction limits to prioritize essential foreign currency needs for its cardholders.
Maldives Personal Loans Surpass MVR 9.2 Billion Mark
Personal loans in the Maldives reach MVR 9.2 billion as total private sector credit grows, with tourism and construction leading the lending market.
MMA Urges Early Cash Withdrawal Ahead of Eid Holidays
The MMA advises businesses to secure cash and coins before the week-long Eid-al-Adha holiday closure to ensure smooth commercial operations.
MMA Launches Dedicated ‘Favara’ Hotline 1544
The Maldives Monetary Authority has introduced a new hotline, 1544, to streamline complaint resolution for the Favara payment network.
