MOU Signed between LankaBangla Finance and Royal Tulip


LankaBangla Finance Ltd (LBFL) recently signed a MOU with Royal Tulip Sea Pearl Beach Resort & Spa for its customer privilege. Md.Nurul Huque Manik– Head of Cards of LBF and Syed Yameenul Huq-Director, Sales & Marketing of Royal Tulip signed the MOU for their respective organizations. Under this MOU LBF Cardmember will enjoy up to 50% discount from Royal Tulip Sea Pearl Beach Resort & Spa. Other officials of both organizations were present at this 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