MOU Signed between LankaBangla Finance and Empyrean Hotel


LankaBangla Finance Ltd (LBFL) recently signed MOU with Empyrean Hotel for its customer privilege. Khurshed Alam, Head of Retail Business of LBF and Kamrul Hasan, Operation Manager of Empyrean Hotel signed the MOU for their respective organizations. Under this MOU, LBF Cardmember will enjoy up-to 50% discount on Room Accommodation, Banquet Hall, F&B and BOGO offer on Buffet Dinner at every Saturday Night from Empyrean Hotel. Md. Minhaz Uddin, Head of Cards, Mohammad Abdul Jalil Khan, Strategic Business Alliance Manager of LBF and Md. Kamal Hossain, Asst. Manager, Sales & Marketing of Empyrean Hotel and other higher 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