Midland Bank PLC. has signed a Memorandum of Understanding (MoU) with Sonic (Bangladesh) Ltd. to provide advanced cash management solutions for efficient financial operations.

The MoU signing ceremony took place on April 29, 2026. Mr. Imtiaz U. Ahmed, Managing Director & CEO of Midland Bank PLC., and Mr. Su Yongbao, Director of Sonic (Bangladesh) Ltd., signed the agreement on behalf of their respective organizations.

Under this agreement, Sonic (Bangladesh) Ltd. will utilize Midland Bank’s modern and secure digital platform, “Midland Cash Management (MCM)”, to enhance its day-to-day banking transactions, fund management, and overall financial operations.

Sonic (Bangladesh) Ltd. is 100% export oriented manufacturer of toy models and engaged in diverse business activities, including manufacturing, trading, and related services, significantly contributing to Bangladesh’s industrial sector.

Among those present from Midland Bank PLC. were Mr. Mohd. Javed Tarek Khan, SEVP & Head of Institutional Banking Division; Mr. Muhammad Majidul Haq Patwary, VP & Unit Head (IBD, Unit-5); and Mr. Khondker Khaled Shams SAVP & Unit Head (IBD, Unit-7).

From Sonic (Bangladesh) Ltd., attendees included Mr. Dominic T. K. Ho, Chief Marketing Officer; Ms. Huang Rong, Account Manager; Mr. Nelson Liu, General Manager, Mr. Deng Chao Wen, Admin Manager, Mr. Md. Showayeb Ahamed, Assistant Manager-Finance; and Mr. Md. Shahanur Alam, Senior Accounts Officer.

Senior officials from both organizations attended the event and expressed optimism that this partnership will enhance operational efficiency and strengthen long-term business collaboration.