16325

Financial Assistance for Education for Children of deceased Ex-Officio of LankaBangla

LankaBangla Foundation continues its support for education as part of its CSR activities. This support is extended to one female student who is the daughter of one deceased official of sister concerns of LankaBangla Finance Limited.

Foundation contributed an amount of Tk.164,000/= (in two installments- for one year support) to Ms. Nora Sumlina (daughter of Late Mr. M. Shakil Islam Bhuiyan, Ex-CEO, LankaBangla Securities Limited) to continue her studies.

Particulars 2021 2020
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 Limited(CRAB)
Based on audited financial statements up to December 31, 2020, unaudited financial statements as of March 31, 2021 and other relevant quantitative as well as qualitative information up to the date of rating declaration (July 19, 2021)
Valid up to June 30, 2022

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