Corporate Agreement Between LankaBangla and Nagad

seminar

A corporate agreement has been signed between LankaBangla Finance Limited and Nagad, the digital financial arm of the Bangladesh Post Office recently in a city hotel. Under this agreement, LankaBangla Finance Limited customers will be able to enjoy convenient payment facility for their credit card bill payment, monthly deposit and loan installment payment through Nagad from anywhere across Bangladesh at any time without any hassle.

Driving towards new innovations and digitization, LankaBangla Finance Limited is always one step ahead in providing better service to its customers through advanced technology. The company is trying to bring more customers under its service umbrella by providing easy and secure financial services across the country. The company has been working tirelessly to bring financial inclusion to the country by innovating in the provision of financial services.

Nagad, the fastest growing digital financial service of the country, already secure its position as second largest mobile financial service carrier of Bangladesh, a thriving provider that introduces several the state of the art technologies in this flied only in its one and half years’ journey. The state owned carrier Nagad, also become the ultimate choice of the users because of its convenience and the low-cost service.

Mr. Khwaja Shahriar, Managing Director and CEO of LankaBangla Finance Limited and Mr. Mohammad Aminul Haque, Director, CEO (Acting) and CFO of Nagad signed the agreement on behalf of their respective organisations. Senior officials of both the companies were also presence in the occasion.

With this corporate agreement both LankaBangla Finance Limited and Nagad can bring change and add value to the lifestyle of customers.

Particulars 2019 2018
Long Term AA3 AA3
Short Term ST-2 ST-2
Outlook Stable Stable
  • AA3

    Very strong capacity
    Very high quality
    Very low credit risk

  • ST-2

    High grade
    Strong capacity
    Commendable liquidity

Rated by Credit Rating Agency of Bangladesh(CRAB)
Based on the Financials of the year ending December 31, 2018 Valid up to June 30 2021