Midland Bank PLC. and Zenith Islami Life Insurance Limited signs Bancassurance deal

Bancassurance agreement signed between Midland Bank PLC. and Zenith Islami Life Insurance Limited. As a result, Midland Bank customers can avail all types of life and health insurance benefits of Zenith Life directly from the bank. The agreement was signed on Thursday (May 16) at Midland Bank’s head office in Gulshan. On behalf of Zenith Life, the company’s Chief Executive Officer, S M Nuruzzaman, and on behalf of Midland Bank, the Managing Director & CEO of the bank. Md. Ahsan-uz…

MIDLAND BANK PLC. SIGNED BANCASSURANCE AGREEMENT WITH PRAGATI INSURANCE LIMITED

Midland Bank PLC. signed Bancassurance agreement with leading insurance company in Bangladesh: Pragati Insurance Limited. This strategic move expands Midland Bank’s suite of financial products and services, offering customers greater convenience and access to comprehensive insurance solutions. Through this partnership, the bank’s extensive network of services outlets will now offer a broader range of insurance products from Pragati Insurance Ltd. This enhanced product portfolio caters to the diverse needs of Midland Bank’s growing customer base, allowing them to secure their…

Aavishkaar Capital invests US$ 5 Million in Midland Bank

ESG First Fund, managed by Aavishkaar Capital (Aavishkaar), an Aavishkaar Group company and a global pioneer in taking an entrepreneurship-based approach to scaling businesses for impact, set up in partnership with KfW, a German state-owned development bank, announced their fifth investment of US$ 5 Million from the ESG First Fund into Midland Bank. ESG First Fund focused on investing in Emerging Asia and Africa with the mandate of generating superior Environmental, Social and Governance (ESG) outcomes and commercially viable financial…

Midland Bank celebrated International Women’s Day 2024

Midland Bank Celebrated International Women’s Day 2024. On this occasion, a get-together programme was held on Saturday, 9th March 2024 at the Board Room of the Bank’s Head Office at Gulshan 2, Dhaka. The Honourable MD & CEO Md. Ahsan-uz Zaman was present during the programme as Chief Guest along with members of The Senior Management Team of the Bank. Female employees of the Head Office and Gulshan Branch of the Bank joined the event. The MD & CEO in…

MIDLAND BANK CELEBRATED FINANCIAL LITERACY DAY 2024

Financial Literacy Day-2024 has been celebrated by Midland Bank Limited. Md. Ahsan-uz Zaman, Managing Director & CEO of the Bank, inaugurated the Financial Literacy Day programme at the bank’s head office on Monday, 4th March 2024. In the discussion meeting organized on this occasion, various issues including increasing awareness of banking products and services, protecting customer deposits, providing loans and settling customer complaints were discussed including sending expatriate remittance through legal channels. Following three important issues also discussed in the…

MIDLAND BANK SIGNED MOU WITH ASCOTT THE RESIDENCE DHAKA

Midland Bank (MDB) signed a Memorandum of Understanding (MoU) with Ascott The Residence Dhaka, a renowned deluxe boutique hotel located at Baridhara Diplomatic Zone, Road-8, House 13, Block-K, Dhaka-1212. Mr. Md. Rashed Akter, Head of Retail Distribution of Midland Bank and Mr. Nayeem Uddin Ahmed, Corporate Relationship Manager of Ascott The Residence Dhaka signed the MoU on behalf of their respective organizations, at a simple ceremony held on 22nd January 2024 at the Board Room of the Bank’s Head Office, in…

MIDLAND BANK AND K-ONE LIMITED SIGNED MOU

A Memorandum of Understanding (MoU) was signed between Midland Bank and K-ONE Limited at the corporate head office of the Bank at Gulshan 2, Dhaka on 29.01.2024. K-ONE Limited is a Hong Kong based 100% export oriented fashion handbag and leather goods manufacturer. In Bangladesh the company was established in end of 2022. Currently, 400 employees are working in the fatory, located in Gazipur. K-ONE Limited are manufacturing ladies bag specialy made by heigh quality PU and PVC. They are…

MIDLAND BANK AND QUANTANITE BANGLADESH LIMITED SIGNED MOU

A Memorandum of Understanding (MoU) was signed between Midland Bank and Quantanite Bangladesh Limited at the corporate head office of the Bank at Gulshan 2, Dhaka on 21.1.2024. Quantanite Bangladesh Limited was established in October 2022 under the mother company of Quantanite UK Limited. They are BPO (Business Process Outsourcing) service provider outside bangladesh with 100+ clients across 4 continents and a variety of vertical industries. They offer services like Customer Experience Management, Back Office Services, Digital Content Services, Sales…

Air Astra Airways will provide Discount with EMI facility to Midland Bank’s Cardholders

Midland Bank (MDB) signed a MoU with Air Astra Airways, the premium brand private airline in the country. Mr. Md. Rashed Akter, Head of Retail Distributions of MDB and Mr. Mohammad Mozammel Haque Bhuiya, Head of Marketing & Sales of Air Astra Airways signed the agreement on behalf of their respective organizations at a simple ceremony held on 22nd January 2024 at the Bank’s Head Office, Gulshan 2, Dhaka. As a result of this agreement, all MDB Cardholders will enjoy…

MIDLAND BANK FORMALLY INAUGURATED 02 NEW RURAL BRANCHES AND 02 NEW SUB-BRANCHES

Midland Bank Limited (MDB) formally inaugurated 02 new rural branches and 02 new sub-branches on January 31, 2024. The branches and sub-branches were soft-launched and started operation in 2023. Md. Ahsan-uz Zaman, Managing Director & CEO of the Bank simultaneously inaugurated the branches and sub-branches along with Senior Management Team members through digital platform from the Head Office of the Bank. The branches are Bokhter Munshi Bazar Branch in Sonagazi, Feni; Chandraganj Branch in Lakshmipur Sadar; Bogura Pouroshava sub-branch in…