MOU Signed between LankaBangla Finance & Bengal Vacation Club Ltd.


LankaBangla Finance Ltd (LBFL) recently signed MOU with Bengal Vacation Club Ltd. for its customer privilege. Khurshed Alam, Head of Retail Business of LBF and Brig. Gen. A.H.M Mokbul Hossain, ndc, psc (Retd), Chief Executive Officer (CEO) of Bengal Vacation Club signed the MOU for their respective organizations. Under this MOU, LBF Cardmember will enjoy EMI facility up to 12 months @ 0% interest under ezypay scheme on its membership payment from Bengal Vacation Club Ltd. Mohammad Mahfujul Islam, Head of Banani Branch, Khaja Wasiullah, Head of Card Sales and Merchant Relationship of LBFL and A.K.M. Asadur Rahman, Manager, Digital Marketing & Sales of Bengal Vacation Club 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