Bangladesh, Nov. 5 -- Midland Bank PLC (MDB) signed a Memorandum of Understanding (MoU) with BRAC IT Services Limited (BRAC IT) on November 04, 2026, for potential collaboration in software development and technology-driven banking solutions.

Advertisement Md. Nazmul Huda Sarkar, Deputy Managing Director & Chief Technology Officer of Midland Bank PLC, and Shahriar Hoque, Chief Executive Officer of BRAC IT, signed the agreement on behalf of their respective organisations in the presence of Imtiaz U. Ahmed, Managing Director of Midland Bank PLC, according to a press release.

The agreement aims to establish a framework for exchanging business, technical, financial, and operational information between the two organisations while maintainin...