MOU SIGNED BETWEEN MIDLAND BANK LTD AND BUTTERFLY MARKETING LTD

Midland Bank Limited (MDB) recently signed an agreement with Butterfly Marketing Limited (BML), an importer, manufacturer and marketer of wide range consumer electronics, home appliances and energy products in Bangladesh. Md. Ridwanul Hoque, EVP & Head of Retail Distributions of MDB and Mr. Mahbub-Ur-Rahman Shajib, Director (Operations) of BML signed the agreement on behalf of their respective organizations.

As a result of this agreement, MDB Visa Credit Cardholders will enjoy EMI facility up to 12 months at 0% interest while purchasing electronic goods from BML Outlets nationwide.

Mr. Shahjahan Majumder, FCA, CFO & Company Secretary; Md. Shah Nowaz, Head of Treasury of Butterfly marketing Ltd. and Mr. Mostafizur Rahman, Head of Cards of Midland Bank Ltd. were also present at the signing ceremony along with other officials of both organisations.