MOU Signed between LankaBangla Finance and Hotel Tropical Daisy

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LankaBangla Finance Ltd (LBFL) recently signed MOU with Hotel Tropical Daisy for its customer privilege under supervision of Society for Leadership Skill Development (SLSD). Khurshed Alam, Head of Retail Business of LBF and Masudur Khan, Chairman of Hotel Tropical Daisy signed the MOU for their respective organizations. Under this MOU, LBF Cardmember will enjoy 15% discount on room accommodation, banquet hall and food services from Hotel Tropical Daisy. Md. Musharrof Hossain,
Chief Advisor, SLSD, Dr. Nazrul Islam, Pro VC, Candian Unversity of Bangladesh, Shahed Azaz Ahmed (Razon), Managing Director, Hotel Tropical Daisy, Hassan Zabed Chowdhury, CEO, LankaBangla Investment Ltd (LBIL), other higher officials of both organizations and around hundreds of renowned corporate officials 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