Midland Bank launches digital loan

Midland Bank Limited yesterday launched MDB Digital Loan and MDB Contactless Cards on the day of its 10-year commercial operations in the banking sector of Bangladesh.

Md Ahsan-uz Zaman, managing director and CEO of the bank, inaugurated the new services at the bank's head office in Dhaka, said a press release.

"We are at the forefront of innovation in services and products and today, we are pleased to announce the introduction of MDB Digital Loan and MDB Contactless Cards," Zaman said while expressing gratitude to clients, shareholders, regulators and staff in the decade-long journey of the bank.

"Our customers will now be able to enjoy loan (SOD-secured over draft only) digitally from anywhere and anytime through MDB mobile app "midland online", he added. 

The MDB CEO along with senior management members and divisional heads of the bank cut a cake celebrating the milestone.

All the branches of the bank organised separate anniversary celebrations in their respective locations along with customers and well-wishers.