Shareef challenges claims of dollar shortage

2 weeks ago

Bank of Maldives (BML) has disbursed USD 226 million in loans during the first six months of this year alone, CEO Mohamed Shareef said Wednesday. Speaking at the opening ceremony of the Youth Entrepreneurs Expo, Shareef said BML has issued twice as many dollar-denominated loans compared to the same period last year. He added that total dollar loans extended to the