Midland Bank PLC and Generic Healthcare Ltd, an innovative digital healthcare service provider, signed a memorandum of understanding to improve healthcare access and delivery among the underserved communities.
The MOU outlines a joint effort to create sustainable healthcare solutions to improve health outcomes through technology-driven platforms, said a press release.
Midland Bank鈥檚 expertise in financial services will complement Generic Healthcare Ltd鈥檚 cutting-edge healthcare technologies, focusing on the use of modern equipment, and efficient healthcare services to individuals who are geographically distant or unable to access traditional medical facilities.
According to the collaboration, Generic Healthcare Ltd will be a user of the MCM (Midland Cash Management) portal for their daily business transactions, Corporate Payroll Package, Payment Gateway, and the cardholders of the bank will enjoy EMI facilities for purchasing different services/packages of Generic Healthcare Ltd.
Mohd Javed Tarek Khan, head of Institutional Banking Division and Md Rashed Akter, head of Retail Distribution Division, Midland Bank PLC and Faisal Rahman, founder MD and CEO of Generic Healthcare Ltd signed the MoU on behalf of their respective organisations.
Md SM Sumon, GM-SCM and Finance Controller, Generic Healthcare Ltd, Md Abdus Salam, senior executive, Generic Healthcare Ltd, Mohammad Hassibur Rahman, head of cash management, Midland Bank, Md Abed-Ur-Rahman, head of cards, Midland Bank and Ashrafur Rahman, relationship manager, Midland Bank, among others, were present.