Business

BML to disburse MVR 107 million as 2016 dividends

Bank of Maldives’ Board of Directors has disclosed that MVR 107.6 million will be disbursed as dividends for the year 2016, at a rate of MVR 20 per share.

According to the statement released by BML,  the total profit for the year 2016 exceeded MVR 2 billion, with MVR 538 million in profits during the last quarter alone. Dividends for the year 2015 was disbursed at MVR 17 per share, totaling MVR 91.4 million. The profits for the year 2016 show a clear increase of 18%.

Full details are available from the link below:

Source URL: Corporate Maldives

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