Midland Bank signed MoU with National Pension Authority
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 15 May 2025 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 can also conveniently register and make contributions through the bank's designated mobile application.
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The event was attended by Dr Khairuzzaman Mozumder, Finance Secretary, as the Chief Guest, along with Mr 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 underscores Midland Bank's commitment to promoting financial inclusion and supporting the nation's efforts to establish a sustainable and inclusive social security framework through innovative digital banking solutions.
