Bank of Maldives has announced a historic milestone after shareholders approved a record dividend payout of MVR 60 per share for the 2025 financial year at the Bank’s Annual General Meeting held on Saturday night. The total dividend amounts to MVR 322,915,200, marking the largest dividend distribution in the Bank’s history and underscoring the institution’s strong financial position, sustained growth, and continued ability to generate value for its shareholders.
Shareholders also approved the issuance of two bonus shares for every one existing share held as part of the final dividend, further highlighting confidence in the Bank’s long-term direction and financial resilience. The approval reflects a year of strong performance for the national bank, supported by disciplined execution, a robust business model, and a clear focus on serving the needs of customers while maintaining healthy returns for investors.
Commenting on the achievement, Bank of Maldives CEO and Managing Director Mohamed Shareef said the Bank’s strong financial performance during the year had made it possible to propose a record dividend for shareholders, reflecting the strength of the business and the trust customers continue to place in the institution. He noted that as the national bank, Bank of Maldives remains committed to driving the Maldivian economy while delivering sustainable growth and creating long-term value through continued investment in people, businesses, and communities.
The dividend will be paid to all shareholders registered in the Shareholders’ Register as of the Book Closure, ensuring that eligible investors benefit directly from the Bank’s outstanding results. The record payout is expected to be welcomed as a significant return for shareholders and as a reflection of the Bank’s prudent financial management and ability to perform strongly in a changing economic environment.
The latest development also reinforces Bank of Maldives’ role as a central pillar of the country’s financial sector. As the nation’s leading bank, BML continues to play an important part in supporting economic activity across the Maldives by providing financial services to individuals, entrepreneurs, businesses, and communities throughout the country. Its continued performance sends a positive signal about the resilience of the Maldivian banking industry and the confidence surrounding the country’s economic outlook.
Building on this momentum, Bank of Maldives remains focused on strengthening its digital services and responding to the evolving needs of customers across the nation. With increased emphasis on innovation, accessibility, and service quality, the Bank continues to position itself for sustainable future growth while contributing meaningfully to national development. The record dividend approval and bonus share issuance stand as a clear reflection of the Bank’s financial strength, strategic direction, and enduring commitment to creating lasting value for both shareholders and the wider Maldivian economy.
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