About

Development Bank Maldives (DBM) was established on May 16, 2024, as a state-owned entity, empowered by the President under Section 15 of the Companies Act (Act No. 7/2023). DBM was formed with the intent to fortify the national financial ecosystem, specializing in development finance and fostering collaboration with the commercial banking sector, development finance institutions (DFIs), and other private capital providers.

Mission

Vision