Midland Bank PLC signed a Memorandum of Understanding (MoU) with the National Pension Authority to support the implementation of the Government’s Universal Pension Scheme.
The signing ceremony was held on Thursday in the conference room of the Finance Division at the Ministry of Finance.
Under the MoU, Midland Bank will facilitate customer registration and contribution collection for all active pension schemes, Progoti, Surakkha, Somota, and Probash.
Customers will also be able to conveniently register and make contributions through the bank’s designated mobile application.
The event was attended by Dr Md Khairuzzaman Mozumder, finance secretary, as the chief guest, along with Md Ahsan-uz Zaman, managing director and CEO of Midland Bank PLC.
Senior officials from the Finance Division and representatives from the National Pension Authority were also present.
This collaboration highlights Midland Bank’s commitment to advancing financial inclusion and supporting the nation’s efforts to build a sustainable and inclusive social security framework through innovative digital banking solutions.
