Aavishkaar Capital invests US$ 5 Million in MDB

ESG First Fund, managed by Aavishkaar Capital (Aavishkaar), an Aavishkaar Group company and a global pioneer in taking an entrepreneurship-based approach to scaling businesses for impact, set up in partnership with KfW, a German state-owned development bank, announced their fifth investment of US$ 5 Million from the ESG First Fund

MDB holds budget strategy summit

Annual Business Budget Strategy Summit 2024 of Institutional Banking Division, SME Division and Treasury Division of Midland Bank (MDB) was held in the Bank’s Head Office in Gulshan 2, Dhaka on 26th January, a press release said Monday. Md. Ahsan-uz Zaman, Managing Director & CEO of the Bank inaugurated the event as Chief Guest. Md. Zahid Hossain, Deputy Managing Director of the

MDB signs MoU with Rasel & Jewel Corporation

A Memorandum of Understanding (MoU) was signed between Midland Bank (MDB) and Rasel & Jewel Corporation at MDB, Agrabad Branch, at Salam Tower 1st Floor, 57, Agrabad C/A, Chittagong on January 17. Under the MoU, Rasel & Jewel Corporation will use the robust online Cash Management solution of MDB “Midland

MDB gives loans to farmers

Midland Bank Limited (MDB), under intermediary agreement with Society for Family Happiness and Prosperity (FHP), an NGO, disbursed loans directly to the farmers at 4% interest rate under Bangladesh Bank Refinancing Scheme in the Agricultural sector to ensure food safety initiative of the country, press release said Monday. On this

MDB wins award in excellence in prepaid cards

Midland Bank Ltd. (MDB) achieved EXCELLENCE IN PREPAID CARDS (Associate Member) in the category of “Visa Excellence Award” held on 14 September at the hotel Sheraton, Dhaka. Visa organized the programme named, VISA LEADERSHIP CONCLAVE 2023, TOWARDS A CASHLESS, SMART BANGLADESH. Md. Zahid Hossain, Managing Director (Current Charge) of MDB

MDB celebrates 10th anniversary

Midland Bank Limited (MDB) completed 10th year of its commercial operation on 20th June, 2023, a press release said on Tuesday. On this occasion, Md. Ahsan-uz Zaman, MD & CEO along with the senior management members, divisional heads of the bank held a ‘dua’ session in the board room of the

MDB and SEU sign corporate packeg

Midland Bank Limited (MDB) signed MoU regarding 'Midland Corporate Payroll Package (MDB CPP) and Midland Cash Management (MCM)' agreement to facilitate the Employee Payroll Accounts and Cash Management System of Southeast University (SEU), a press release said on Tuesday. Prof. Dr. AFM Mafizul Islam, Vice Chancellor of Southeast University and Md.

MDB gets PCI DSS certificate

Midland Bank Limited (MDB) has achieved PCI DSS (Payment Card Industry Data Security Standard) compliance certificate for its card business, a press release said Sunday. A certificate handover ceremony was held on 12th February 2023, at the board room of the bank’s head office at Gulshan. Md. Ahsan-uz Zaman, MD

MDB to get all chalans

Midland Bank Limited to get government fees like e-passport (new), income tax, vat, duty, surcharge without visiting a branch, accessing the automated challan system through online. This service being officially launched on September 15, 2021 at bank's head office in Gulshan, a press release said. Md. Ahsan-uzZaman, Managing Director and Chief Executive