DEVELOPMENT
BANK OF
MALDIVES
A strong local development finance institution focused on long term is essential to build economic resilience and to pass on the many developmental gains achieved over the years to the generations to come.
Who We Are
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.
What We Do
We will focus on supporting the building and improvement of sustainable infrastructure using the following financial instruments
DBM will initially focus on Debt Financing:
As the balance sheet of the institution develops in time, DBM will also offer:
Our Impact
At Development Bank of Maldives Limited, our financing activities are intricately linked to the Sustainable Development Goals (SDGs), focusing on infrastructure projects and sustainable economic & social development. Our strategy is organized across five pivotal sectors.
Energy, Food Security and Price Stability
Sustainable Cities and Habitats
Environmental Protection
Tourism and Aviation
Ocean Economy
Contact Us
Have a question or a query? Leave us a message.
Office Address
Allied Building, ground floor, 20156, Chaandhanee Magu, Male’, Republic of Maldives