Written by The Banking Post
Midland Bank PLC signed a Memorandum of Understanding (MoU) with Bridge Holdings Limited on 19 January 2026. Bridge Holding Ltd is a real estate developer company in the country.
The MoU signing ceremony was held at the Bridge Holding’s Head Office in Gulshan-2, Dhaka. Mr. Md. Zahid Hossain, Managing Director (Current Charge) of Midland Bank and Mr. Md. Harun-ur Rashid, Chairman, Bridge Holdings Ltd., signed the agreement on behalf of their respective organisations, according to a press release.
Under this partnership, customers of the Bridge Holdings Ltd. will be able to get a Hire Purchase facility under product of Shirkatul Melk of MDB Saalam, a shariah-based loan facility, Midland Bank Islami Banking Service to purchase property from the Bridge Holdings Ltd.
Mr. Md. Abdur Rashid, Managing Director, Hasan Mahbubur Rahman, Director, Sales & Marketing of Bridge Holdings Ltd. and Mr. Md. Rashed Akter, Head of Retail Distribution & Chief Bancasurance Officer, Md. Majidul Haq Patwary, Unit Head of Institutional Banking Division of Midland Bank were also present at the ceremony, along with other officials from both organizations.
