MIDLAND BANK SIGNS MOU WITH IFAD MOTORS

FE Team | Published: October 04, 2025 23:40:47

Midland Bank PLC signed a Memorandum of Understanding (MoU) with IFAD Motors Ltd, authorised distributor and manufacturer of Royal Enfield motorcycles in Bangladesh. Under this partnership, all Midland Bank credit cardholders will get up to 36 months' EMI facility on the purchase of Royal Enfield motorcycles from IFAD Motors' designated sales outlets. Md. Nazmul Huda Sarkar, Chief Technology Officer of Midland Bank, and Muidur Rahman Tanvir, Head of Business of IFAD Motors, signed the agreement at the bank's Head Office in Dhaka recently.