MOU Signed between LankaBangla Finance Limited and Momo Inn Limited


LankaBangla Finance Limited (LBFL) recently signed MOU with Momo Inn Limited for its customer privilege. Khurshed Alam, Head of Retail Business of LBFL and Jewel Khan, General Manager of Momo Inn Limited signed the MOU for their respective organizations. Under this MOU, LBFL Cardmember will enjoy 40% discount on Room Rack Rate. Md. Minhaz Uddin, Head of Cards, Khaja Wasiullah, Head of Cards Sales of LBFL and Khandokar Al Musabbir, Asst. Manager, Sales & Marketing of Momo Inn Limited and other high 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