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ABOUT

LANKABANGLA FINANCE LIMITED

Incorporation of the Company 5th November, 1996
Commencement of Business 5th November, 1996
Registration of First Subsidiary (LankaBangla Securities Limited) 3rd July, 1997
Licensed as Financial Institution by Bangladesh Bank 30th October, 1997
Signing of First Lease Agreement 30th March, 1998
Issuance of First Credit Card 16th August, 1998
Launching of MasterCard 5th September, 2005
Listing on Dhaka Stock Exchange 17th October, 2006
Listing on ChattogramStock Exchange 31st October, 2006
Trading of shares in Stock Exchanges 1st November, 2006
Commencement of Operation of ChattogramBranch 10th February, 2007
Registration of Second Subsidiary (LankaBangla Asset Management Company Ltd.) 16th July, 2007
First disbursement of Domestic Factoring 11th December, 2007
First disbursement of Mortgage Loan 18th February, 2008
Commencement of Operation of Sylhet Branch 27th April, 2009
Licensed as Primary Dealer 23rd November, 2009
Issuance of First VISA Card 24th November, 2009
First Participation in the Auction of Govt. Securities as Primary Dealer 1st December, 2009
Registration of Third Subsidiary (LankaBangla Investments Ltd.) 29th March, 2010
Approval of Right Issue by SEC 31st January, 2012
Signing of Agreement with Leads Corporation for Bank Ultimus (CBS) 10th January, 2012
Commercial Launching of Khatungonj Branch, Chittagong 8th March, 2012
Commercial Launching of Narsingdi Branch 28th January 2013
Commercial Launching of Cumilla Branch 3rd February, 2013
Commercial Launching of Jashore Branch 13th February, 2013
Commercial Launching of Banani Principal Branch 12th November, 2013
Commercial Launching of Dhanmondi Branch 11th December, 2013
Contact Center Launching 21st January, 2014
Commercial Launching of Uttara Branch 3rd March, 2014
Commercial Launching of CDA Branch, Chittagong 25th May, 2014
Zero Coupon Bond Issue 15th December, 2014
Commercial Launching of Motijheel Branch 23rd December, 2014
Commercial Launching of Mirpur Branch 29th January, 2015
Commercial Launching of Bogura Branch 24th May, 2015
Commercial launch of Barishal Branch 24th June, 2015

Will Be updated Soon.

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

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