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About Development Bank of Maldives

Development Bank of Maldives is a state-owned entity empowered by the President under Section 15 of the Companies Act (Act No. 7/2023). The bank operates under the strategic guidance of the Government and the Office of the President, built on principles of: > Responsible and ethical stewardship of your funds > Prudent financial and risk-management practices > Transparency and protection of your interests > A commitment to national prosperity and economic participation Our solutions are designed for the modern economy. With secure digital platforms, customers especially foreign investors and non-residents can operate accounts remotely.

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