MIDLAND BANK, BP MANUFACTURING SIGN CASH MANAGEMENT ARRANGEMENT

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FE Team | Published: November 19, 2024 22:38:58

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MIDLAND BANK, BP MANUFACTURING SIGN CASH MANAGEMENT ARRANGEMENT
A Memorandum of Understanding (MoU) was signed between Midland Bank PLC and BP Manufacturing (BD) Co. Ltd. at the company's headquarters in Uttara EPZ, Nilphamari, recently. The agreement pertains to the implementation of the bank's online Cash Management solution -- the "Midland Cash Management (MCM)" application. Muhammad Majidul Haq Patwary, Vice President and Head of Unit 05, Institutional Banking Division of Midland Bank, and Wong Chi Yu Benjamin, Chairman, BP Manufacturing, signed the MoU on behalf of their respective organisations. Under the MoU, BP Manufacturing will use the "Midland Cash Management (MCM)" application to manage their daily business banking and cash management activities across the country.