LankaBangla Finance and Bangladesh Bank Signs an SME Development Project Agreement

seminar

LankaBangla Finance Limited has signed an Agreement with Bangladesh Bank under its Second Small
and Medium Sized Enterprise Development Project. Mr. Md. Abul Bashar, General Manager,
Financial Inclusion Department of Bangladesh Bank and Mr. A. K. M. Kamruzzaman FCMA, Managing
Director (Current Charge) of LankaBangla Finance Limited has signed the Agreement on behalf of
respective organizations. Mr. S. K. Sur Chowdhury, honorable Deputy Governor of Bangladesh Bank
was the chief guest of the agreement signing ceremony. Among others, Ms. Cai LI, Deputy Country
Director of Asian Development Bank and Mr. Md. Kamruzzaman Khan, Head of SME of LankaBangla
Finance Limited were present at the 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