MOU Signed between LankaBangla Finance & SaRa Lifestyle Ltd.

seminar

LankaBangla Finance Ltd (LBFL) recently signed MOU with SaRa Lifestyle Ltd for its customer privileges. Khurshed Alam, Head of Retail Business of LankaBangla Finance and Mr. Ashim Saha, Head of e-Commerce of SaRa Lifestyle signed the MOU for their respective organizations. Under this MOU, LBF Cardmember will enjoy 10% discount on purchasing any product from SaRa Lifestyle. Md. Minhaz Uddin, Head of Cards, Khaja Wasiullah, Head of Card Sales and Merchant Relationship of LankaBangla Finance and Mr. Raju Ahmed, Executive, Digital Marketing of SaRa Lifestyle and other officials of both organizations were present in 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