The Minister of Finance and Public Enterprises, Moosa Zameer has clarified that Bank of Maldives’ (BML) recent series of investor meetings in international financial hubs was conducted solely to strengthen the institution's capacity and support economic growth and not raise funds on behalf of the government.
Minister Zameer moved swiftly to address allegations circulating on social media platforms suggesting that the BML’s non-deal roadshow activities were being carried out with the intention of mobilising funds for government use. The Minister characterised these claims as unfounded and emphasised that the initiative represents a strategic institutional decision rather than a government fundraising exercise.
BML conducted its Non-Deal Roadshow from 29 April to 8 May, arranging a series of productive meetings with investors from international financial markets across three major global financial centres. The delegation visited Singapore, Hong Kong, and London, engaging with potential investors and strengthening relationships with the international financial community.
According to the bank, this outreach represents a cornerstone of its strategic efforts to secure financial resources from international investment funds. The capital generated through these efforts will be primarily directed toward two key objectives—expanding the range and quality of services offered to customers and strengthening the bank's assistance to the tourism sector.
Minister Zameer described the roadshow as an essential strategic initiative designed to sustain the bank's continued growth trajectory while simultaneously expanding its capacity to provide financial assistance to businesses and industries that will drive the next phase of Maldives' economic development.