A Memorandum of Understanding (MoU) was signed between Midland Bank (MDB) and Quantanite Bangladesh Limited at the corporate head office of the Bank at Gulshan 2, Dhaka on 12 February, a press release said Tuesday. Mohammad Javed Tarek Khan, Head of Institutional Banking Division of Midland Bank and Mr. Ahnaf Chowdhury, Chairman, Quantanite signed the MoU on behalf of their respective organizations. Under the MoU, Quantanite 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 Mr. Ismail Tanzeer Khan, Director and Mr. Mohammad Moin, Senior Manager-Finance, Quantanite were also present along with other executives and officers of both organizations.
