Support for local community to protect from Cold Wave

In Bangladesh, during winter ultra-poor people fight against cold every year and LankaBangla Foundation distributes blankets every year to facilitate better comfort to the ultra-poor people. This year Foundation distributed more than 2,500 blankets on 28 November 2016 among the cold victims poor people of remote villages of Ulipur Pouroshova, Kurigram.

This year Foundation has made an extensive effort for proper distribution of blankets by identifying & listing ultra-poor people of Ulipur Pouroshova, Kurigram. An amount of Tk.0.508 million was spent in this regard.

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