Midland Bank and Win Champion (BD) Ltd sign cash management arrangement

A Memorandum of Understanding (MoU) was signed between Midland Bank PLC. and Win Champion (BD) Ltd. at the Sonic Group Headquarter located at Uttara EPZ, Nilphamari on January 12, 2025.

Md. Ahsan-uz Zaman, Managing Director of Midland Bank PLC and Benjamin C. Y. Wong, Founder Chairman, Win Champion (BD) Ltd and also Chairman of Sonic Group signed the MoU on behalf of their respective organizations.

Under the MoU, Win Champion (BD) Ltd will use the robust online Cash Management solution of MDB “Midland Cash Management (MCM)” application for conducting their daily business banking and cash management activities.

Mohd. Javed Tarek Khan, Head of Institutional Banking Division; Muhammad Majidul Haq Patwary, FRM, Vice President and Head of Unit 05 and Mohammad Hassibur Rahman, SAVP and Head of Cash Management of Midland Bank PLC. and Su Yongbou, Director, Md. Showayeb Ahmed Assistant Manager, Finance of Win Champion (BD) Ltd. were also present along with other Executives and Officers from both the organizations.

Win Champion (BD) Ltd is a concern of Sonic Group. Win Champion (BD) Ltd. was established in 2018 as a foreign investment holding company. It is engaged in trading, construction, and manufacturing activities, and is a wholly owned subsidiary of Winly Harbour Limited.