MMA Financial Position
Track the Maldives Monetary Authority's assets, liabilities, equity and the main balance-sheet movements recorded during the latest month.
How MMA's balance sheet is structured
Compare April and May · MVR billions
What changed in May
Largest changes in selected line items
Change from April to May · MVR millions
The balance sheet remained broadly stable, but its composition shifted.
Total assets declined slightly, with lower foreign-currency cash and bank balances partly offset by higher foreign securities and short-term loans to commercial banks.
Assets
Largest asset holdings
Foreign-currency position
Liabilities and equity
Largest liability balances
Selected monetary balances
Selected balance-sheet data
Read definitions →Balance sheet
| Line item | May 2026 | April 2026 | Change | Change % |
|---|---|---|---|---|
| Total assets | MVR 29,968.3M | MVR 30,070.2M | -101.9M | -0.3% |
| Foreign-currency financial assets | MVR 12,826.7M | MVR 12,903.6M | -76.9M | -0.6% |
| Local-currency financial assets | MVR 16,277.7M | MVR 16,291.5M | -13.8M | -0.1% |
| Foreign cash and bank balances | MVR 8,584.3M | MVR 9,163.5M | -579.2M | -6.3% |
| Foreign securities | MVR 3,244.3M | MVR 2,873.3M | +371.0M | +12.9% |
| Government treasury bonds | MVR 13,953.4M | MVR 13,973.2M | -19.8M | -0.1% |
| Total liabilities | MVR 28,207.9M | MVR 28,346.7M | -138.9M | -0.5% |
| Commercial bank balances, combined | MVR 13,205.2M | MVR 10,856.8M | +2,348.4M | +21.6% |
| Securities sold under repo | MVR 2,000.0M | MVR 3,500.0M | -1,500.0M | -42.9% |
| Currency in circulation | MVR 5,109.2M | MVR 5,014.9M | +94.3M | +1.9% |
| Government deposits, combined | MVR 1,092.4M | MVR 1,505.2M | -412.8M | -27.4% |
| Equity | MVR 1,760.5M | MVR 1,723.5M | +37.0M | +2.1% |
Methodology and definitions
What this indicator measures
This page describes the financial position of the Maldives Monetary Authority itself. It should not be presented as the overall financial position of the Maldives, the banking system or the government.
CM calculations include percentage changes, combined commercial-bank balances, combined government deposits and the net foreign-currency financial asset position. These derived figures should be labelled clearly.
Foreign cash and balances with banks
Foreign-currency cash held in the Maldives and deposits held at local and overseas banks.
Government treasury bonds
The outstanding principal value of government bonds held by MMA.
Commercial-bank balances
Balances maintained for reserve requirements, settlement and clearing; the local-currency item also includes overnight placements.
Securities sold under repo
Securities sold with an agreement to repurchase them later as part of MMA's open-market operations.
Currency in circulation
Notes and coins issued into circulation by MMA and recorded as a liability to holders.
Equity reserves
A combination of general, foreign-asset revaluation, FVOCI, property revaluation, other reserves and accumulated profit or loss.