Fitch assigns BML a ‘CCC-‘ with a stable outlook

12 hours ago

Bank of Maldives (BML) has been assigned a Long-Term Issuer Default Rating (IDR) of 'CCC-' with a Stable Outlook by Fitch Ratings. According to a statement released by the BML on Monday, Fitch has also assigned the bank a Local Currency Long-Term IDR of 'CCC+', which is two notches above the sovereign rating, reflecting the bank's strong standalone strength and resilience