LankaBangla Finance Limited and RANGS Properties Limited Signed MoU


Recently LankaBangla Finance Limited (LBFL) successfully signed Memorandum of Understanding (MoU) with RANGS Properties Limited (RPL) with a vision to cater the growing demand of real estate sector especially for middle and lower income group. Khurshed Alam- Senior Executive Vice President & Head of Retail Finance, LankaBangla Finance Limited and Mashid Rahman- Divisional Director, Real Estate Division, RANCON Holding Limited signed the MoU for their respective organizations. Md. Shariar Parves- Head of Home Loan, LBFL; Syed Muttakillah- Head of Strategic Sales, RPL; Amalendu Biswas- Head of Sales, RPL and other high officials of both organizations were present at the signing ceremony

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