DHAKA : A Memorandum of Understanding (MoU) was signed between Midland bank PLC (MDB) and TF Industrial Co. Ltd. at the Bank’s Head Office on 22 July 2025, according to a press release.
TF Industrial Co., Ltd. is a 100 % Chineseowned manufacturing company in Bangladesh. Established in November 2023 and located in Gazipur, the company manufactures baby diapers to meet local demand. In the presence of Md. Ahsanuz Zaman, Managing Director of Midland Bank PLC, Mohd. Javed Tarek Khan, SEVP Head of the Institutional Banking Division at MDB, and Xu Yaozhou, Managing Director of TF Industrial Co., Ltd., signed the MoU on behalf of their respective organizations.
Under the MoU, TF Industrial Co., Ltd. will use the Bank’s robust online cashmanagement platform, “Midland Cash Management (MCM),” to conduct its daily businessbanking and cashmanagement activities. Prashanta Kumar Saha, Head of Corporate Liability Management Unit of Midland Bank and Mao Wei, Supervisor, Md. Abu Sayed, General Manager (Head of Sales Marketing), TF Industrial Co., Ltd. were also present along with other Executives and Officers of both organizations.
