Midland Bank in collaboration with USHA Foundation arranged Open loan disbursement among customers of Jamdani Cluster, Narayanganj in CMSME sector

Midland Bank Limited (MDB), in collaboration with USHA Foundation, an NGO, disbursed loans directly to the customers of Jamdani Cluster, Narayanganj, under cluster based financing in the CMSME sector. Midland Bank, disbursed Tk.1.00 Crore among 40 entrepreneurs through an Open Loan Disbursement Ceremony held on June 06, 2022, at the conference hall of USHA Foundation, located at Tarabo of Rupganj Thana, in Narayanganj District. The Bank disbursed these loans directly at the entrepreneurial level through the formation of clusters in…

Midland Bank received Term Loan for US$ 15 Million from responsAbility Investments AG

We are pleased to announce that Midland Bank Limited (MDB) have received term loan for USD15.00 Million from responsAbility Investments AG. This is the first long term FC denominated borrowing for the Bank. responsAbility Investments AG is a Swiss based impact asset manager investing in the sectors of financial inclusion, sustainable food and climate finance whose business models directly support the United Nation’s Sustainable Development Goals (SDGs). The funds will be routed through MDB’s Offshore Banking Unit. Md. Ahsan-uz Zaman,…

MIDLAND BANK SIGNED MOU WITH MOMO INN HOTEL & RESORT, BOGURA

Midland Bank Limited (MDB) signed a Memorandum of Understanding (MoU) with Momo Inn Hotel & Resort, Bogura a sister concern of BCL Group of Company. Md. Ridwanul Hoque, EVP & Head of Retail Distribution of Midland Bank Limited and Mr. Jewel Khan, Additional Managing Director of BCL Group of Company and Momo Inn Hotel & Resort signed the MoU on behalf of their respective organizations, through a simple ceremony held on 07th March 2022 at the Board Room of the Bank’s…

ANNUAL MANAGER’S CONFERENCE 2022 OF MIDLAND BANK HELD

Annual Manager’s Conference 2022 (Branch, Sub-Branch, Agent Banking, Islami Banking & Cards) of Midland Bank Limited was held on 29th January 2022 in the digital platform, considering current pandemic situation.  Mr. Ahsan-uz Zaman, Managing Director & CEO of the Bank inaugurated the Conference as Chief Guest. Md. Zahid Hossain, Deputy Managing Director of the Bank was present on the occasion as Special Guest. Md. Ridwanul Hoque, Head of Retail Distribution Division was also present along with Cluster Heads, Heads of…

ANNUAL BUSINESS STRATEGY SUMMIT 2022 OF INSTITUTIONAL BANKING, TREASURY AND OFFSHORE BANKING OF MIDLAND BANK LIMITED HELD

Annual Business Strategy Summit 2022 of Institutional Banking, Treasury and Offshore Bankingof Midland Bank Limited was held through digital platform on 22nd January 2022.  Mr. Ahsan-uz Zaman, Managing Director & CEO of the Bank inaugurated the Summit meeting as Chief Guest. Mr. Md. Zahid Hossain, Deputy Managing Director of the Bank was present as Special Guest. Unit Heads and Relationship Managers of Institutional Banking, Offshore Banking and Treasury made their business strategy presentations for 2022. Heads of Retail Distribution, CRM, FAD, ID, CAD and Treasury were also present in the Summit. Performance of 2021 was reviewed and Annual Budget for the year 2022 of Institutional Banking,…

MIDLAND BANK FORMALLY INAUGURATED 06 NEW BRANCH AND SUB-BRANCHES

Midland Bank Limited (MDB) formally inaugurated 01 Branch and 05 Sub-branches on 28th December, 2021. The Branch and Sub-branches were soft launched earlier throughout the year. Md. Ahsan-uz Zaman, Managing Director & CEO of the Bank simultaneously inaugurated the Branches along with Md. Zahid Hossain, Deputy Managing Director and Md. Ridwanul Hoque, Head of Retail Distribution through digital platform. The Branch and Sub-branches are located at Kawran Bazar in Dhaka, Mymensingh Sadar in Mymensingh, Shibginj in Slyhet, Jubilee Road in Chottogram, Sreenagar in Munshigonj and Noapara in Jassor. Cluster Heads, Branch Managers of controlling…

MOU between Midland Bank and SSLCOMMERZ for Bangla QR

One of the leading fourth generation private commercial banks – Midland Bank Limited launched Bangla QR Payment service in their ‘Midland Online’ App with the partnership of the largest payment service aggregator SSLCOMMERZ on Tuesday, November 30th, 2021 at the premises of the Bank’s Head Office. Through this launching, the customers of Midland Bank Limited will be able to scan and pay to all of the retail shops and businesses which SSLCOMMERZ has enabled for Bangla QR. Bangla QR is…

Midland Bank Limited signed Memorandum of Understanding (MoU) with PPP Authority, Prime Minister’s Office.

Midland Bank Limited (MDB) has signed Memorandum of Understanding (MoU) with PPP Authority, Prime Minister’s Office on 14th October 2021 in an agreement signing ceremony held at Pan Pacific Sonargaon, Dhaka. Under this arrangement, MDB as financing partner would get the opportunity to actively participate in the bidding process of government solicited PPP Projects and participate as financier for viable PPP projects of the country. In the signing ceremony, Dr. Ahmad Kaikaus, Principal Secretary to the Honorable Prime Minister graced…

MIDLAND BANK LIMITED RE-ELECTED IT’S CHAIRMAN AND VICE CHAIRMAN

Mrs. Nilufer Zafarullah, has been re-elected the Chairman and Mr. Md. Shamsuzzaman has been re-elected the Vice Chairman of Midland Bank Limited (MDB).  The Board of Directors in its 115th meeting held on 30th September 2021 re-elected the Chairman and Vice Chairman of the Bank. Mrs. Nilufer Zafarullah served as Vice Chairman of the Board of Midland Bank Ltd since inception of the Bank until September 2018 and thereafter, she is serving as Chairman of the Board of MDB. She…

8th ANNUAL GENERAL MEETING OF MIDLAND BANK LIMITED HELD

The 8th Annual General Meeting (AGM) of the shareholders of Midland Bank Limited (MDB) was held through digital platform on 30th September 2021. Mrs. Nilufer Zafarullah, Honourable Chairperson of the Board of Directors of the Bank presided over the meeting. Vice Chairman Md. Shamsuzzaman, Directors including Independent Directors, Sponsors and Shareholders of the Bank were present in the meeting. Md. Ahsan-uz Zaman, Managing Director & CEO and Md. Zahid Hossain, DMD of the Bank were also present. In the AGM,…