LANKABANGLA FINANCE and NAGAR DESIGN & DEVELOPMENTS & NABO UDDOGE signed MOU for Home Loan

seminar

LankaBangla Finance Ltd. (LBFL) recently signed a MOU with NAGAR DESIGN & DEVELOPMENTS LTD & NABO UDDOGE LTD for its customer privilege. Khurshed Alam, Head of Retail Finance, LankaBangla and Engr. Md. A. K. Salim, Managing Director, Nagar Design & Developments signed the MOU for their respective organizations. Md. Shariar Parves, Head of Home Loan of LBF & Fatema Johora, Chairman, Nagar Design & Developments & Nabo Uddoge Ltd. and other respective officials of both organizations and distinguished guests 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