The 3rd meeting of Shariah Supervisory Council of Midland Bank Limited (MDB) was held on 31.08.2020 in the Board room of the Bank’s Head Office in Gulshan, Dhaka. Chairman of the Bank’s Shariah Supervisory Council, Professor Dr. Muhammad Abul Kalam Azad presided over the meeting. Members of the Shariah Supervisory Council Dr. Muhammad Nazrul Islam Al-maruf and Mr. N K A Mobin FCA, FCS attended. Bank’s Managing Director and CEO Md. Ahsan-uz Zaman, along with senior management of the Bank’s Islami Banking…

Midland Bank Limited, has entered into an agreement with Primadollar Operations Limited, a UK-based company, to provide better services to its foreign trade customers. Midland Bank Limited jointly with Primadollar Operations Limited, will launch fintech-based factoring services for exporters. This will allow local exporters to receive their usance bills instantly drawn under sales contract. This will increase the cash flow of exporters. Headquartered in the United Kingdom since 2015, Primadollar has 12 offices worldwide. A Memorandum of Understanding (MoU) was…

7th Annual General Meeting (AGM) of the shareholders of Midland Bank Limited (MDB) was held through digital platform on 23rd August 2020. Mrs. Nilufer Zafarullah, Honourable Chairperson of the Board of Directors of the Bank presided over the meeting. Sponsors and Directors, Independent Directors of the Bank were present in the meeting. Md. Ahsan-uz Zaman, Managing Director & CEO and Mohammad Masoom, AMD of the Bank were also present. 6.00% cash dividend for the year 2019 was approved in the…

Mr. Md. Ahsan-uz Zaman has been re-appointed as Managing Director & CEO of Midland Bank Limited (MDB) for another three year term. Ahsan joined MDB in July 2014. During his tenure, with guidance from the Board and Bangladesh Bank and help from dedicated staff and loyal clients, an institution has emerged that is viewed as trustworthy, innovative, convenient and tech savvy. While remaining small, through it’s fully centralized business model, it has achieved scale and depth in its business operations with strong…

100th Meeting of the Board of Directors of Midland Bank Limited (MDB) was held on Tuesday, 28th July, 2020 through video conference. The Chairperson of the Board of Directors Mrs. Nilufer Zafarullah, presided over the meeting. Directors Dr. Kazi Shahidullah, Kazi Omar Zafar, Rezaul Karim, Mohammad Jamal Ullah, Ahsan Khan Chowdhury, A.K.M Badiul Alam, Hafizur Rahman Sarker, Mrs. Shahnaj Parveen, Kamal Hossain, Ms. Anushka Mehreen Zafar, Independent Directors Mahbubul Hady Fazle Rab and Nazimuddin Chowdhury attended the meeting. Md. Ahsan-uz…

Midland Bank Limited (MDB), a 4th generation Private Commercial Bank in the country completed 7th year of its commercial operation. On this auspicious occasion Md. Ahsan-uz Zaman, Managing Director & CEO in his speech conveyed best wishes and thanks to all for the successful completion of 7th year of the Bank. The Managing Director, while expressing gratefulness to clients, shareholders, regulators and staff, told that the Bank, as part of its anniversary celebration, introduced one new product titled, MDB e-Saver…

Midland Bank Limited (MDB) has made registration for ‘midland online’, its robust internet banking application, client driven. Now a days, customers are increasingly using digital banking solutions amidst the spread of COVID-19 infection. The Bank has made the sign-up process available in the customer’s hands which skips the need to visit the Branch. Through this self-registration process, customers can avail ‘midland online’ by visiting https://ibanking.midlandbankbd.net with few simple steps that will require only few minutes.   With two-factor authentication via SMS verification and email, ‘midland online’ is equipped with the state-of-the-art security features to ensure safety and convenience. The service will greatly benefit the customers as most now prefer banking from…

Midland Bank Limited (MDB) started offering Shariah based Islamic Banking from its Gulshan Branch’s Islami Banking window through a ceremony held at the Bank’s Head Office in Dhaka on 23 April 2020. The Bank named its Islami Banking platform “Midland Bank Saalam”. Mrs. Nilufer Zafarullah, Honourable Chairperson of the Bank formally launched the service at the beginning of the Board of Directors meeting held through video conferencing. Through this new offering, customers can avail all Shariah banking products through its…