LankaBangla Finance and Akter Properties Limited Signed MOU

seminar

LankaBangla Finance Limited (LBFL) recently signed a Memorandum of Understanding (MOU) with Akter Properties Limited to provide Home Loan facility for their customers. Under this agreement customers of Akter Properties Limited will get special rate and service from LBF to enjoy Home Loan and Customers of LBF will get special rate to buy the Apartment/Commercial spaces from Akter Properties Limited. Khurshed Alam –Head of Retail Finance, Md. Shariar Parves –Head of Home Loan of LankaBangla Finance Ltd and Nasreen Khan – Chairman , Mohammad Akter Biswas – Managing Director of Akter Properties Limited along with other senior officials of both organizations were present at the signing ceremony.

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