During the first nine months of this year, the bank's total foreign currency allocation for card transactions reached USD 336 million. On average, monthly expenditure for overseas transactions via Maldivian Rufiyaa accounts stood at USD 37 million, representing a 15 percent increase compared to the same period in 2025.
According to the bank, USD 208 million, or 62 percent of the total card expenditure, was attributed to e-commerce transactions. Furthermore, USD 93 million was spent on point-of-sale transactions abroad, while USD 34 million was withdrawn through foreign ATMs.
To support business operations, the bank facilitated USD 224 million in telegraphic transfers (TTs) during the first three quarters. This marks a 28 percent increase compared to the USD 175 million issued during the entirety of the previous year.
The bank also reported providing USD 86 million to Maldivians traveling abroad, which includes USD 5.8 million specifically allocated for pilgrims traveling for Hajj and Umrah.
Furthermore, a total of $40 million has been released to Maldivian students studying abroad for educational purposes, averaging $4.4 million per month. The Bank also noted that $33 million was allocated for medical expenses, nearly doubling the $14 million disbursed for the same purpose last year.
According to the Bank, a total of $722 million was provided to meet various customer requirements during the first nine months of 2026.
Additionally, the Bank highlighted that since 2021, it has disbursed $3 billion to facilitate foreign exchange for customers through the purchase of Rufiyaa.
