MOU Signed between LankaBangla Finance Ltd and Total Air Services Limited (GSA Air Asia)


LankaBangla Finance Ltd (LBFL) recently signed MoU with Total Air Services Limited (GSA Air Asia) for its customer privilege. Khurshed Alam- SEVP & Head of Retail Finance of LBFL & Morshedul Alam Chaklader- Director & CEO of GSA Air Asia signed the MoU for their respective organizations.

Under this MoU LBFL Cardmembers will get exclusive discounted price BDT 14,999/- for Dhaka-Kuala Lampur-Dhaka Air Ticket from all outlets of GSA Air Asia.

Md. Atiqur Rahman- Director Finance and Nehal Ahmed- Chief Operating Officer of GSA Air Asia and Minhaz Uddin, Head of Cards, Khaja Wasiullah- Head of Sales, Credit Card of LBFL 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