Midland Bank Limited (MDB) has obtained approval from its regulator, Bangladesh Bank, to raise Tk. 70 cr from the stock market through Initial Public Offering (IPO), which is required as per its licensing terms. The IPO is subject to approval from the securities regulator, Bangladesh Securities and Exchange Commission. The Bank appointed LankaBangla Investments Limited (LBIL) as Issue Manager and signed an Agreement yesterday 22.02.201, at its Head Office in Gulshan. It has a special allocation of Tk. 5 crore…

A Memorandum of Understanding (MoU) was signed between Midland Bank Limited (MDB) and Florence Group in the Head Office of the Bank at Gulshan 2, Dhaka today on 31.01.2021. Florence Group is a renowned 100% export oriented high quality garments manufacturing company in the country. In presence of Md. Ahsan-uz Zaman, Managing Director & CEO of Midland Bank, Mohammad Javed Tarek Khan, Head of Institutional Banking Division and Lieutenant Commander (Ret’d.) Joarder Mohammed Hosne Quamar Alam, Managing Director of Florence Group,…

Midland Bank Limited (MDB) signed a MoU with Xtra, country’s first personalized digital gifting ecosystem and reward platform.  In the presence of Md. Ahsan-uz Zaman, Managing Director & CEO, Midland Bank Limited, Mr. Monjurul Alam Mamun, Founder and Chief Executice of Xtra and Mr. Nazmul Huda Sakrer, CTO and Head of IT of MDB, Mr. Md. Ridwanul Hoque, Head of Retail Distribution of MDB and SM Rifat Shariar, Manager, Sales & Marketing of Xtra signed the MoU on behalf of their…

Annual Business Strategy Conference 2021 of Institutional Banking of Midland Bank Limited was held through digital platform on 11th January 2021. Mr. Ahsan-uz Zaman, Managing Director & CEO of the Bank inaugurated the conference as Chief Guest. Mr. Md. Zahid Hossain, Deputy Managing Director of the Bank was present on the occasion as Special Guest. Mr. Javed Tarek Khan, Head of Institutional Banking moderated the conference, where Unit Heads and Relationship Managers made presentations. Heads of Retail Distribution, CRM, FAD…

Midland Bank Limited(MDB) formally inaugurated 01 branch and 06 sub branches in the different locations in the country on 31stDecember, 2020. Md. Ahsan-uz Zaman, Managing Director & CEO of the Bank formally inaugurated the branches along with Md. Zahid Hossain, Deputy Managing Director and Md. Ridwanul Hoque, Head of Retail Distribution from Head Office of the Bank at Gulshan, Dhaka through digital platform. The Bank formally opened the branch and sub-branches located at Fatullah, Narayangonj, Lakshmipur Sadar, Lakshmipur, Rupnagar, Dhaka, Motijheel, Dhaka, Shahjadpur, Sirajgong, Chatkhil, Noakhali and Rajshahi Sadar, Rajshahi. Customers, Heads of all 07 new branch and sub-branches, and other officials of the branch were present on the occasion. Heads of sub-branches’ controlling…

A Memorandum of Understanding (MoU) was signed between Midland Bank Limited and Loop Freight Ltd. at the corporate head office of the Bank at Gulshan 2, Dhaka on 13.12.2020. Loop Freight is leading provider of scheduled freight pick up and delivery, optimize asset management of transporters and fast freight payment processing services. In presence of Md. Ahsan-uz Zaman, Managing Director & CEO of Midland Bank, Mohammad Javed Tarek Khan, Acting Head of Corporate Banking Division and Rajib Das, Managing Director of…

A Memorandum of Understanding (MoU) was signed between Midland Bank Limited and ACE Advisory at the corporate head office of the Bank at Gulshan 2, Dhaka on 13.12.2020. ACE Advisory is leading provider of specialized back office BPO, advisory, consulting and professional services. In presence of Md. Ahsan-uz Zaman, Managing Director & CEO of Midland Bank, Mohammad Javed Tarek Khan, Acting Head of Corporate Banking Division and Montakim Ahmed, Founder Partner of ACE Advisory signed the MoU on behalf of their…

Midland Bank Limited distributed blankets to the students of Ramchandrapur A. R. Intellectually Handicapped and Autistic School, located at Gaibandha District, under the Bank’s CSR activities, in presence of Md. Ahsan Habib, Head of Bogura Branch & Md. Rezaul Huq, Head of Mokamatola Branch of Midland Bank and MOST. Sakmim Khatun, Head Mistress, Ramchandrapur A. R. Intellectually Handicapped and Autistic School. Considering the recent cold wave that swept the country, all the rural branches of the Bank also distributed blankets among the cold stricken poor people in their…

A Memorandum of Understanding (MoU) was signed between Midland Bank Limited and UDDIPAN, a national development organization, at the corporate head office of the Bank at Gulshan 2, Dhaka on 07.12.2020. In presence of Md. Ahsan-uz Zaman, Managing Director & CEO of Midland Bank, Md. Ridwanul Hoque, Head of Retail Distribution of Midland Bank and Bidyut Kumar Basu, Executive Director & CEO of Uddipan signed the MoU on behalf of their respective organizations. Under the MoU, Uddipan will use Midland Cash…

Mr. Md. Zahid Hossain has been promoted to the rank of Deputy Managing Director (DMD) of Midland Bank Limited (MDB) effected from 01.12.2020, assuming the role of Chief Risk Officer (CRO) and Chief Anti Money Laundering & Compliance Officer (CAMLCO) of the Bank. Prior to taking over his new role, Mr. Hossain served MDB as Senior Executive Vice President heading its Corporate Banking Division. Mr. Hossain, a seasoned Banker with 24 years of hands-on and versatile Banking experience, has in-depth…