Bangladesh, Oct. 27 -- Midland Bank PLC. signed a Memorandum of Understanding (MoU) with CG Runner BD Ltd., the authorized distributor of BYD vehicles in Bangladesh.

This partnership aims to provide attractive auto financing facilities to customers purchasing BYD vehicles, according to a media release.

Imtiaz U. Ahmed, Managing Director of Midland Bank PLC., and Amid Sakif Khan, Managing Director of CG Runner BD Ltd., signed the agreement on behalf of their respective organizations.

Under the agreement, eligible customers will enjoy competitive interest rates, flexible repayment options, and convenient auto financing facilities for purchasing BYD vehicles.

Midland Bank will offer auto loans ranging from BDT 4 lakh to BDT 80 lakh, fi...