The Company was incorporated on March 20, 2013 under the Companies Act 1994 as a public company limited by shares for carrying out all types of banking activities with Paid-up Capital of Tk. 400,00,00,000 divided into 40,00,00,000 ordinary shares of Tk.10 each.
The Company was also issued Certificate for Commencement of Business on the same day and was granted license on April 9th, 2013 by Bangladesh Bank under the Banking Companies Act 1991 and started its banking operation on June 20, 2013 at the Dilkusha Corporate Branch. The Principal Branch at Banani started its operations on July 5th, 2013. BACH, BEFTN and SWIFT operations started as envisaged.
Midland Bank PLC. (MDB) is a private commercial Bank in Bangladesh incorporated on March 20, 2013. We seek to be the first choice of our customers as a distinct financial service provider, trusted, respected and valued by all stakeholders within the region and beyond pursuing an endless voyage towards excellence in every respect. The Bank is entitled to carry out the following banking business:
All types of commercial banking activities including Money Market operations.
