Midland Bank PLC has signed a memorandum of understanding (MoU) with Expose Furniture, a furniture manufacturer and retailer company in Bangladesh.

Alamgir Biplob, managing director of the furniture manufacturer, and Md Rashed Akter, head of retail distribution division and chief bancassurance officer of the bank, penned the MoU at the bank's head office in the capital's Gulshan recently, the commercial lender said in a press release.

Under this agreement, all the bank's Visa credit cardholders will enjoy EMI facilities for up to 24 months with zero percent interest.

Along with that, the bank's debit, credit and prepaid cardholders will enjoy up to a 10 percent discount on their total bill amount, while purchasing furniture from Expose Furniture outlets.

Among others, Md Abed-Ur-Rahman, head of cards of the bank, Md Rashadul Anwar, head of public relations division, Sazal Ahmed, merchant relationship officer, and Ayman Arabi, executive director of the furniture manufacturer, and Chiranjib Kumar Biswas, senior general manager, were also present.