MOU Signed between LankaBangla Finance Ltd and Ratan’s Dental

LankaBangla Finance Ltd (LBFL) recently signed a MoU with Ratan’s Dental for its customer privilege. Khurshed Alam – EVP & Head of Retails Finance & Dr. Syed Tamijul Ahsan Ratan – Chief Consultant & Managing Director of Ratan’s Dental signed the MOU for their respective organizations. Under this MoU LBFL Cardmember will get up to 6 months EMI on 0% interest under 0% ezypay scheme from all outlets of Ratan’s Dental. Syeda Aspia Ahsan Meem – Director of Ratan’s Dental and Md. Nurul Huque Manik – Head of Cards and Khaja Wasiullah – Manager, 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