Shareholders approved 12% Dividend at 24thAnnual General Meeting of LankaBangla Finance Limited

seminar

24thAnnual General Meeting of LankaBangla Finance Limited was held on April 29, 2021by 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, 2020 and 12% dividend. Mr. Khwaja Shahriar, Managing Director and CEO, briefed the participants on the overall status, work plan and performance of the organization.

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