MOU Signed between LankaBangla Finance and Praava Health

seminar

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 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