MIDLAND BANK SIGNS MOU WITH SPACE TECH & XSPEED AUTOS

MIDLAND BANK SIGNS MOU WITH SPACE TECH & XSPEED AUTOS

Midland Bank signed a Memorandum of Understanding (MoU) with Space Tech Holdings Ltd. (SPACETECH) & XSpeed Autos Limited (XSPEED) at the corporate head office of the bank in Dhaka recently. Mohammad Javed Tarek Khan, Head of Institutional Banking Division of Midland Bank, and Ye Liang, CEO and Managing Director of SPACETECH and XSPEED, signed the MoU in presence of Md Ahsan-uz Zaman, MD & CEO of the bank. Under the MoU, Space Tech Holdings Ltd. & XSpeed Autos Limited 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.