Shareholders approved 12% Dividend at 23rd Annual General Meeting of LankaBangla Finance Limited

seminar

23rdAnnual General Meeting of LankaBangla Finance Limited was held on September 7, 2020by using digital platform. Chairman of the Company Mr. Mohammad A. Moyeen, presided over the meeting and welcomed the Hon’ble Shareholders join in the AGM.

The Shareholders have approved the Audited Financial Statements of the Company for the year ended December 31, 2019 and 7.00% cash dividend& 5.00% bonus share. Among others, Directors of the Board including Mr. Mahbubul Anam, Mr. M. Fakhrul Alam, Independent Directors Mrs. Zaitun Sayef, Mr. Abdul Malek Shamsher,Mr. Khwaja Shahriar, Managing Director & CEO and Mr. Mostafa Kamal FCA, Company Secretary attended the meeting. The Managing Director & CEO, Mr. Khwaja Shahriar also discussed the performance of the Company replied the queries of the shareholders.

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