MOU Signed between LankaBangla Finance and Praava Health


LankaBangla Finance Ltd (LBFL) recently signed MOU with Praava Health for its customer privilege. Khurshed Alam- Head of Retail Finance of LBF and Dr. Simeen Majid Akhtar- Senior Medical Director of Praava Health signed the MOU for their respective organizations. Under this MOU, LBF Cardmember will enjoy up to 15% discount or EMI facility up to 12 months @ 0% interest under ezypay scheme from Praava Health. Md. Minhaz Uddin- Head of Cards, Khaja Wasiullah- Head of Sales of LBFL and Sabrina Imam- Director, Information Technology & Corporate Marketing of Praava Health and other 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