|
Bank Of Maldives Limited
Bank of Maldives (BML) is a banking and financial services company based in Malé, Maldives. Established in 1982, it is the largest bank in the country by assets and branch presence. As of 2025, the bank serves over 365,000 customers and offers personal, business, and corporate banking services through 39 branches, 100 self-service banking centers, 165 ATMs, and digital platforms. History Founding The establishment of a domestic commercial bank in the Maldives was first proposed in 1979. Over the following three years, the Government of Maldives held negotiations with Bangladesh’s International Finance and Investment Company Limited (IFIC Bank) to establish a joint venture bank. The talks were led by then Director of Finance, Ismail Fathy. Bank of Maldives was officially inaugurated on 11 November 1982 by President Maumoon Abdul Gayoom. At its founding, 60% of the shares were held by the Maldivian government and 40% by IFIC Bank. Geographic expansion The bank opened its ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Malé
Malé is the capital and most populous city of the Maldives. With a population of 211,908 in 2022 within its administrative area and coterminous geographical area of , Malé is one of the most densely populated cities in the world. The city is geographically located in the southern edge of North Malé Atoll ( Kaafu Atoll). Administratively, the city consists of a central island, an airport island, and five other islands presided over by the Malé City Council. Traditionally it was the King's Island, from where the ancient royal dynasties ruled and where the palace was located. The city was then called ''Mahal''. Formerly it was a walled city surrounded by fortifications and gates (''doroshi''). The Royal Palace (''Gan'duvaru'') was destroyed along with the picturesque forts (''koshi'') and bastions (''buruzu'') when the city was remodelled under President Ibrahim Nasir's rule in the aftermath of the abolition of the monarchy in 1968. However, some buildings remained, namely ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Payment Terminal
A payment terminal, also known as a point of sale (POS) terminal, credit card machine, card reader, PIN pad, EFTPOS terminal (or by the older term as PDQ terminal which stands for "Process Data Quickly"), is a device which interfaces with payment cards to make electronic funds transfers. The terminal typically consists of a secure keypad (called a PINpad) for entering PIN, a screen, a means of capturing information from payments cards and a network connection to access the payment network for authorization. A payment terminal allows a merchant to capture required credit and debit card information and to transmit this data to the merchant services provider or bank for authorization and finally, to transfer funds to the merchant. The terminal allows the merchant or their client to swipe, insert or hold a card near the device to capture the information. They are often connected to point of sale systems so that payment amounts and confirmation of payment can be transferred aut ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indira Gandhi Memorial Hospital
The Indira Gandhi Memorial Hospital (IGMH, ) is a state-owned Multi-Speciality hospital, and one of four hospitals in Malé, Republic of Maldives. The hospital is located at the west end of Malé. The hospital is a gift from the Indian Government and is dedicated to Indira Gandhi. It is the largest government healthcare facility, providing tertiary level healthcare in the Maldives. Located in the capital city Male’, with approximately 300 beds, IGMH provides services to around 150,000 people living in the city, plus specialist referral services for patients both domestic and foreign. Along with specialist consultations, IGMH houses investigative and imaging technologies in diagnostics. It fully covered by Aasandha social healthcare insurance. IGMH replaced the previous sole hospital, Central Hospital, located at the center of Malé. Central Hospital was later demolished and the location was leased to a private party by the Government to make another hospital. History The Mal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Library Of Maldives
The National Library of the Republic of the Maldives (Q''aumee Kuthubuhaanaa'') was established in 1945. It serves as the Public and National Library of the country, maintaining modern literature. It provides a diverse collection of all published reading materials and documents within the country. The National Library is financed by the government and functions under the Ministry of Arts Culture and Heritage. History The National Library of the Republic of Maldives was founded on 12 July 1945 as the "State Library" (''Dhaulathuge Kuthubukhaanaa)'' of the Maldives by Ameer Mohamed Amin Didi, then the Head of the Department of Education. In 1948, The Library was renamed to Majeedhee Library (''Majeedhee Kuthubukhaanaa)'' named after one of the most popular statesmen of the Maldives, Ameer Abdul Majeed Didi ('Abdul Majeed ''Rannabandeyri Kilegefaanu)''. The library was functioning under the Ministry of Home Affairs (''Vuzaarathudhdhaakhiliyyaa).'' During this time, it received a r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Museum (Maldives)
Established on the National Day of the Maldives, the first National Museum of the country was opened on 11 November 1952, by the Prime Minister at the time, Mohamed Amin Didi. Overview With the purpose of preserving history and instilling patriotism among the people of the Maldives, the museum has a large collection of historical artifacts, ranging from stone objects to fragments of royal antiquities from the Buddhist era to the rule of Islamic monarchs. The museum was previously administered by the Maldivian Center for Linguistic and Historical Research. However, on 28 April 2010, this institution was abolished by President Mohamed Nasheed and its charge of the museum's responsibilities given to the Ministry of Tourism, Arts and Culture while the linguistic and historical research responsibilities were handed over to the Maldives College of Higher Education. Building The three-story museum (old building) is located in the Sultan Park in Malé, which is part of the site of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Digital Banking
Digital banking is part of the broader context for the move to online banking, where banking services are delivered over the internet. The shift from traditional to digital banking has been gradual, remains ongoing, and is constituted by differing degrees of banking service digitization. Digital banking involves high levels of process automation and web-based services and may include APIs enabling cross-institutional service composition to deliver banking products and provide transactions. It provides the ability for users to access financial data through desktop, mobile and ATM services. Description A digital bank represents a virtual process that includes online banking, mobile banking, and beyond. As an end-to-end platform, digital banking must encompass the front end that consumers see, the back end that bankers see through their servers and admin control panels, and the middleware that connects these nodes. Ultimately, a digital bank should facilitate all functional level ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Internet Banking
Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2010s, this has become the most common way that customers access their bank accounts. The online banking system will typically connect to or be part of the core banking system operated by a bank to provide customers access to banking services in addition to or in place of historic branch banking. Online banking significantly reduces the banks' operating cost by reducing reliance on a physical branch network and offers convenience to some customers by lessening the need to visit a bank branch as well as being able to perform banking transactions even when branches are closed, for example outside the conventional banking hours or at weekends and on holidays. Internet banking provides personal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Raajje TV
Raajje TV is a television channel based in the Maldives, known for its news coverage, entertainment programs, and cultural content. The channel started broadcasting on 5 June 2008 as Future TV, adopting its current name in 2011. Arson Attack on Raajje TV On 7 October 2013, the channel's television station in Queen of the Night building in Malé was targeted in an arson attack. The perpetrators reportedly used petrol bombs to set fire to the station's studios, causing significant damage to the building and equipment. There were no casualties reported. The attack was widely condemned by local and international organisations as an assault on press freedom. Raajje TV, known for its critical coverage of the Maldivian government, had previously faced threats and intimidation due to its journalism. The attack sparked concerns about the safety of journalists and the state of media freedom in the Maldives. It was revealed in Al Jazeera's documentary '' Stealing Paradise'' that Ahmed A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Visa Inc
Visa Inc. () is an American multinational payment card services corporation headquartered in San Francisco, California. It facilitates electronic funds transfers throughout the world, most commonly through Visa-branded credit cards, debit cards and prepaid cards. Visa does not issue cards, extend credit, or set rates and fees for consumers; rather, Visa provides financial institutions with Visa-branded payment products that they then use to offer credit, debit, prepaid and cash access programs to their customers. In 2015, the Nilson Report, a publication that tracks the credit card industry, found that Visa's global network (known as VisaNet) processed 100 billion transactions during 2014 with a total volume of US$6.8 trillion. This article is authored by a ''Forbes'' staff member. Visa was founded in 1958 by Bank of America (BofA) as the BankAmericard credit card program. Available through SpringerLink. In response to competitor Master Charge (now Mastercard ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Debit Card
A debit card, also known as a check card or bank card, is a payment card that can be used in place of cash to make purchases. The card usually consists of the bank's name, a card number, the cardholder's name, and an expiration date, on either the front or the back. Many new cards now have a chip on them, which allows people to use their card by touch (contactless), or by inserting the card and keying in a PIN as with swiping the magnetic stripe. Debit cards are similar to a credit card, but the money for the purchase must be in the cardholder's bank account at the time of the purchase and is immediately transferred directly from that account to the merchant's account to pay for the purchase. Some debit cards carry a Stored-value card, stored value with which a payment is made (prepaid cards), but most relay a message to the cardholder's bank to withdraw funds from the cardholder's designated bank account. In some cases, the payment card number is assigned exclusively for use on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
