Table 9.2 Deposit Takers - Income and Expense Statement, 2019 - 2025 1/
(Millions of MVR)
Period Interest Income Noninterest income Gross income Noninterest expenses Provisions (net) Net income before taxes Income tax Net income after taxes
Interest Income Interest expense Net interest income Noninterest income
Noninterest expenses
Fees and commissions receivable Gains or losses on financial instruments Other income Personnel costs other expenses
(1-2) (5+6) (3+4) (7 - (8 + 11)) (12-13)
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15)
2019
3,047.5
338.5
2,709.0
1,457.0
1,247.9
169.9
39.1
4,165.9
1,326.3
463.2
863.1
478.5
2,361.1
608.3
1,752.9
2020
3,303.2
449.4
2,853.8
1,129.4
970.3
142.9
16.2
3,983.2
1,265.2
470.9
794.3
1,257.8
1,460.2
384.8
1,075.4
2021
3,882.4
662.7
3,219.7
2,326.0
1,480.4
169.8
675.8
5,545.6
1,595.3
550.9
1,044.4
-138.8
4,089.1
938.4
3,150.7
2022
4,253.3
601.4
3,651.9
2,138.4
1,746.1
217.8
174.5
5,790.3
1,889.4
588.7
1,300.7
61.0
3,839.9
861.1
2,978.8
2023
5,530.9
1,185.8
4,345.1
2,379.2
2,039.6
224.1
115.4
6,724.3
2,159.5
634.3
1,525.2
79.3
4,485.5
1,224.4
3,261.1
2024
6,157.0
1,321.0
4,836.1
2,511.7
2,282.1
140.7
88.9
7,347.7
2,553.6
771.5
1,782.1
225.7
4,568.4
1,199.5
3,368.9
2023 Nov-23
4,981.9
1,073.5
3,908.3
2,175.4
1,875.0
203.3
97.2
6,083.8
1,904.0
526.4
1,377.6
-76.1
4,255.9
1,065.0
3,190.9
Dec-23
5,530.9
1,185.8
4,345.1
2,379.2
2,039.6
224.1
115.4
6,724.3
2,159.5
634.3
1,525.2
79.3
4,485.5
1,224.4
3,261.1
2024 Jan-24
512.7
109.9
402.8
231.0
204.7
21.7
4.6
633.7
198.3
53.3
144.9
-17.3
452.7
118.0
334.7
Feb-24
980.1
213.7
766.4
459.1
400.8
41.3
17.0
1,225.5
404.3
124.4
279.9
-19.6
840.7
224.6
616.1
Mar-24
1,499.7
324.1
1,175.6
619.9
588.6
-1.2
32.5
1,795.5
643.2
182.9
460.3
34.5
1,117.8
287.5
830.3
Apr-24
1,982.4
430.7
1,551.7
824.7
764.8
23.0
36.8
2,376.3
840.5
239.6
600.9
24.6
1,511.2
390.0
1,121.3
May-24
2,536.9
540.7
1,996.2
1,017.1
933.6
40.8
42.7
3,013.3
1,071.3
296.5
774.8
24.5
1,917.5
475.8
1,441.7
Jun-24
3,032.4
648.5
2,383.8
1,211.3
1,100.1
60.5
50.7
3,595.1
1,208.2
350.9
857.3
120.9
2,265.9
530.4
1,735.5
Jul-24
3,554.7
761.2
2,793.5
1,416.1
1,272.5
86.0
57.6
4,209.6
1,429.8
408.1
1,021.6
132.5
2,647.3
647.5
1,999.9
Aug-24
4,063.8
876.4
3,187.4
1,611.9
1,439.8
111.3
60.7
4,799.3
1,619.3
464.9
1,154.4
160.6
3,019.4
740.4
2,279.0
Sep-24
4,564.4
979.9
3,584.5
1,808.0
1,605.5
136.6
65.9
5,392.5
1,888.5
521.9
1,366.6
169.5
3,334.6
825.1
2,509.4
Oct-24
5,086.6
1,093.4
3,993.2
2,034.3
1,797.6
162.4
74.4
6,027.5
2,097.7
586.0
1,511.7
191.3
3,738.5
932.5
2,806.0
Nov-24
5,590.8
1,205.5
4,385.3
2,254.4
1,990.4
184.5
79.5
6,639.7
2,319.8
649.4
1,670.4
198.3
4,121.6
1,026.1
3,095.5
Dec-24
6,157.0
1,321.0
4,836.1
2,511.7
2,282.1
140.7
88.9
7,347.7
2,553.6
771.5
1,782.1
225.7
4,568.4
1,199.5
3,368.9
2025 Jan-25
507.5
120.5
387.0
252.1
223.9
22.1
6.1
639.1
237.5
66.1
171.5
36.2
365.3
95.7
269.6
Feb-25
993.7
231.3
762.4
499.2
433.4
51.1
14.7
1,261.7
516.3
165.8
350.5
29.7
715.7
182.3
533.4
Mar-25
1,535.9
357.2
1,178.7
767.8
657.2
79.3
31.3
1,946.5
721.8
235.4
486.4
57.2
1,167.5
310.4
857.2
Apr-25
2,062.4
477.2
1,585.1
1,024.7
872.2
112.9
39.6
2,609.8
1,011.0
309.2
701.8
77.4
1,521.5
397.6
1,123.9
May-25
2,602.3
601.0
2,001.3
1,245.9
1,059.3
136.8
49.8
3,247.2
1,225.1
381.7
843.4
96.6
1,925.6
532.7
1,392.9
Jun-25
3,135.0
722.2
2,412.9
1,482.7
1,265.0
159.8
58.0
3,895.5
1,429.7
452.7
977.0
219.7
2,246.2
628.5
1,617.7
Jul-25
3,682.1
845.6
2,836.5
1,744.0
1,487.5
191.1
65.4
4,580.5
1,658.5
525.8
1,132.6
233.9
2,688.2
745.3
1,942.8
Aug-25
4,235.5
970.1
3,265.4
2,002.4
1,716.0
215.1
71.3
5,267.8
1,913.5
599.7
1,313.8
331.4
3,022.9
829.1
2,193.7
Sep-25
4,771.0
1,099.5
3,671.5
2,224.9
1,938.9
207.3
78.7
5,896.4
2,139.8
675.4
1,464.5
304.4
3,452.2
923.8
2,528.4
Oct-25
5,351.8
1,219.0
4,132.8
2,501.3
2,179.0
232.7
89.6
6,634.1
2,422.7
754.1
1,668.6
335.0
3,876.4
1,042.5
2,833.8
Source: Maldives Monetary Authority
1/The data represents accumulated flows from the beginning of the year until the end of the reporting period.
Note: Figures for June 2025 have been revised.