A Memorandum of Understanding (MoU) was signed between Midland Bank and BIPOService (Bangladesh) Limited at the corporate head office of the Bank at Gulshan 2, Dhaka on 21.11.2023.

Established in 2010 and headquartered in Singapore, BIPO Service is a global payroll and people solutions provider. Designed for businesses of any size from SMEs to MNCs, it’s total HR solutions include Human Capital Management solutions, Global Payroll Outsourcing and Employer of Record service across 150+ global markets. In Bangladesh, BIPO Service started its operation in 2021.

Mohammad Javed Tarek Khan, Head of Institutional Banking Division of Midland Bank and Md. Saddam Hossain, Country Head of BIPOService (Bangladesh) Limited signed the MoU on behalf of their respective organizations.

Under the MoU, BIPOService (Bangladesh) Limited will use the robust online Cash Management solution of MDB “Midland Cash Management (MCM)” application for conducting their daily business banking and cash management activities, nationwide. Prashanta Kumar Saha, Head of Corporate Liability Management Unit of Midland Bank and Ms. Iffat Ara, IT Talent Acquisition Specialist of BIPOService (Bangladesh) Limited were also present along with other Executive and Officer.