Non-executive members of the Bank of Maldives (BML)'s board of directors have been dismissed.

The country’s national bank revealed that the bank had received a letter from the Privatization and Corporatization Board of Maldives (PCB), instructing them to let non-executive members go.

The bank has highlighted that this will not disrupt services provided to customers in any way.

When the members were sacked, the bank had not disclosed a reason they were dismissed.