--- title: "Maldives: financial institutions, SWIFT/BIC codes and licences | Elucidate" description: "11 institutions in Maldives (as at 23 September 2026): 11 hold a SWIFT/BIC code and 0 do not." url: https://elucidate.co/directory/country/mv --- 1. [Directory](https://elucidate.co/directory) 2. [Countries](https://elucidate.co/directory/country) 3. Maldives Country · South Asia # Maldives Check who the institutions in the Maldives are: whether each holds a BIC, which register lists it and whether an LEI is mapped. No tracked register covers the Maldives, so every institution listed here holds a BIC. 11 Institutions Active · inactive not published 11 Hold a BIC 100% of institutions — On a tracked register Not covered by a tracked register 5 LEI mapped 46% of institutions 11 BIC codes Head offices and 0 branch codes ### Maldives at a glance Every row is the same 11 institutions, split by one attribute Type - Financial institution 11 · 100% Identification - [BIC only](https://elucidate.co/directory/search?source=bic,noregister&cc=MV) 11 · 100% Regulation level - [Not on a tracked register](https://elucidate.co/directory/search?reg=none&cc=MV) 11 · 100% LEI - LEI mapped 5 · 46% - No LEI mapped 6 · 55% View as table | Attribute | Institutions | Share | | --- | --- | --- | | Type | | Financial institution | 11 | 100% | | Identification | | BIC only | 11 | 100% | | Regulation level | | Not on a tracked register | 11 | 100% | | LEI | | LEI mapped | 5 | 46% | | No LEI mapped | 6 | 55% | An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page. BIC data as at 23 September 2026 [Institutions](https://elucidate.co/directory/country/mv#institutions) [Regulation](https://elucidate.co/directory/country/mv#registers) [Groups](https://elucidate.co/directory/country/mv#groups) [Payments](https://elucidate.co/directory/country/mv#payments) [BIC codes](https://elucidate.co/directory/country/mv#bics) ## Institutions in the Maldives All 11 institutions in the Maldives, with or without a BIC: prudentially supervised and larger institutions first. No OFAC or EU listing cites an institution in the Maldives. - [Bank of Ceylon BIC BCEYMVMV Financial institution Not on a tracked register Maldives · Not on a tracked register · LEI 254900QP6R03LS83RQ52](https://elucidate.co/directory/bank-of-ceylon-bceymvmv) - [Bank of Maldives Plc. BIC MALBMVMV Financial institution Not on a tracked register Maldives · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/bank-of-maldives-plc-malbmvmv) - [Commercial Bank of Maldives Private Limited BIC CBMVMVMV Financial institution Not on a tracked register Maldives · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/commercial-bank-of-maldives-private-limited-cbmvmvmv) - [Development Bank of Maldives LTD BIC DMADMVMV Financial institution Not on a tracked register Maldives · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/development-bank-of-maldives-ltd-dmadmvmv) - [Habib Bank Limited BIC HABBMVMV Financial institution Not on a tracked register Maldives · Not on a tracked register · LEI 549300N63RJKPUYAY631](https://elucidate.co/directory/habib-bank-limited-habbmvmv) - [Maldives Islamic Bank Plc. BIC MADVMVMV Financial institution Not on a tracked register Maldives · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/maldives-islamic-bank-plc-madvmvmv) - [Maldives Monetary Authority BIC MMAUMVMB Financial institution Not on a tracked register Maldives · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/maldives-monetary-authority-mmaumvmb) - [Maldives Monetary Authority BIC MMAUMVMV Financial institution Not on a tracked register Maldives · Not on a tracked register · LEI 254900N0SX0DAHSOHU20](https://elucidate.co/directory/maldives-monetary-authority-mmaumvmv) - [Maldives Premier Bank Pvt LTD BIC MPPTMVMV Financial institution Not on a tracked register Maldives · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/maldives-premier-bank-pvt-ltd-mpptmvmv) - [State Bank of India BIC SBINMVMV Financial institution Not on a tracked register Maldives · Not on a tracked register · LEI 5493001JZ37UBBZF6L49](https://elucidate.co/directory/state-bank-of-india-sbinmvmv) - [The Mauritius Commercial Bank (Maldives) Private Limited BIC MCBLMVMV Financial institution Not on a tracked register Maldives · Not on a tracked register · LEI 13250000000000000204](https://elucidate.co/directory/the-mauritius-commercial-bank-maldives-private-limited-mcblmvmv) [Filter this list →](https://elucidate.co/directory/search?cc=MV) ## Regulation and supervision None of the 22 tracked registers covers the Maldives. All 11 institutions listed here hold a BIC; firms licensed only by the Maldives’s national authorities are not listed. ## Groups and systemic importance For 1 institution here, GLEIF records a parent in another country. ### Largest other groups GLEIF consolidation groups, by legal entities (LEIs) in this country | Group | LEIs here | LEIs in the group | | --- | --- | --- | | [Mcb Group Limited](https://elucidate.co/directory/group/13250000000000000107) | 1 | 2 | | [Bank of Ceylon](https://elucidate.co/directory/group/254900QP6R03LS83RQ52) | 1 | 2 | | [State Bank of India](https://elucidate.co/directory/group/5493001JZ37UBBZF6L49) | 1 | 8 | | [Habib Bank Limited](https://elucidate.co/directory/group/549300N63RJKPUYAY631) | 1 | 2 | ### Parents abroad Institutions here by the country of their GLEIF ultimate parent (else direct parent) - [Mauritius](https://elucidate.co/directory/country/mu) 1 GLEIF parents are accounting-consolidation relationships. They do not show ownership shares or control. ## Payments and connectivity Of the 11 institutions in the Maldives that hold a BIC, 100% are connected to Swift and 3 are Swift GPI members, as at 23 September 2026. ### Connection to Swift Institutions that hold a BIC, by connection type in Swift’s directory - Connected to Swift11 · 100% - Reverse billing0 · 0% - Passive participant (no connection)0 · 0% A BIC does not imply a connection to the Swift network. ### Payment schemes Institutions that hold a BIC, reachable in each scheme - **Swift GPI members:** 3 institutions - **Swift GPI members, live:** 3 institutions [See all 3 Swift GPI members →](https://elucidate.co/directory/search?cc=MV&flag=gpi) ## All BIC codes in the Maldives Look up any of the 11 BIC codes registered in the Maldives: the head offices and branch codes of the 11 institutions here that hold a BIC, with their LEIs and flags. [Download the list (JSON)](https://elucidate.co/data/banks/countries/MV.json) ## Other countries in South Asia The directory has pages for 7 other countries and territories in South Asia. [Afghanistan](https://elucidate.co/directory/country/af) [Bangladesh](https://elucidate.co/directory/country/bd) [Bhutan](https://elucidate.co/directory/country/bt) [India](https://elucidate.co/directory/country/in) [Nepal](https://elucidate.co/directory/country/np) [Pakistan](https://elucidate.co/directory/country/pk) [Sri Lanka](https://elucidate.co/directory/country/lk) Sources & method Each institution counts once, in one country: the BIC country when it holds a BIC, otherwise the country of the register that lists it. Licences in other countries are shown on its page. Sanctions listings are matched on the BIC and on the LEI mapped to it, so they cover institutions that hold a BIC only. Institutions without a BIC are not screened. Always screen against the official lists. [Read the methodology →](https://elucidate.co/directory/methodology) Sources for this page - **Swift ISO 9362 BIC directory**—institutions and branch codes, mapped to LEIs through the Swift and GLEIF BIC-to-LEI relationship file. As at 23 September 2026 - **GLEIF relationship records (Level 2)**—accounting consolidation as reported to GLEIF · [about Level 2 data ↗](https://www.gleif.org/en/lei-data/access-and-use-lei-data/level-2-data-who-owns-whom) as at 25 September 2026 ## Assess the financial crime risk behind a counterparty A BIC or a licence identifies an entity; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks and payment firms. [Read about the FinCrime Index](https://elucidate.co/ratings). [Book a demo](https://elucidate.co/demo-request) Licence and registration data are drawn from the public registers of the regulators named on each page and shown for information only; the official register is always the authority. LEIs and ownership are from GLEIF. Directory and gpi data are drawn from SWIFT's public sources. SWIFT, Swift gpi and UETR are trademarks of S.W.I.F.T. SC, Avenue Adèle 1, 1310 La Hulpe, Belgium. Elucidate is not affiliated with, endorsed by or sponsored by SWIFT or any regulator named here. Elucidate does not provide payment or other financial services.