Bank of Maldives reported a net profit of MVR 1.93 billion for the first nine months of 2026, up 26 percent from MVR 1.5 billion in the same period of 2025. That is about USD 125 million.
Third-quarter profit rose 36 percent on the year earlier. The capital adequacy ratio was 38 percent in September, roughly 12 points above the regulatory requirement. Customer deposits reached MVR 42.4 billion, up 14 percent, and the bank issued MVR 12.1 billion in new loans.
The results came despite what the bank described as negative effects on the Maldivian economy from the Middle East war and shifting global geopolitics. BML said its rufiyaa liquidity is strong and is monitored daily under a framework with early-warning indicators and emergency funding arrangements.
Chief executive Mohamed Shareef said he expects 2026 to be the most successful year in the bank's history and credited customer trust.
