Signing Ceremony between FSIBL, LBFL and PSL


First Security Islami Bank Limited (FSIBL), LankaBangla Finance Limited (LBFL) and Progoti System Limited (PSL) signed an agreement in the city on Wednesday on providing mobile financial services. Managing Director of FSIBL Syed Waseque Md Ali, Managing Director of LBFL Khwaja Shahriar and CEO of PSL Dr Shahadat Khan signed in the tripartite agreement on behalf of their respective companies.

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