Midland Bank, BP Manufacturing Co sign cash management arrangement

A Memorandum of Understanding (MoU) was signed between Midland Bank PLC and BP Manufacturing (BD) Co Ltd at the latter’s Headquarter located in Uttara EPZ in Nilphamari on November 13, 2024 regarding the online Cash Management solution of MDB “Midland Cash Management (MCM)” application.

Mr. Muhammad Majidul Haq Patwary, Vice President and Head of Unit 05, Institutional Banking Division of Midland Bank and Mr. Wong Chi Yu Benjamin, Chairman, BP Manufacturing (BD) Co Ltd signed the MoU on behalf of their respective organizations, according to a press release. 

Under the MoU, BP Manufacturing (BD) Co Ltd 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.

Mr. Faruq Hossin Rasal, First Assistant Vice President, Institutional Banking Division of Midland Bank was also present along with other Executives and Officers from both organizations.