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edited by Md. Touhidul Islam
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272 272  = Recent developments =
273 273  
274 274  * LankaBangla Finance Ltd has posted a growth of 31% in terms of profit for the year ended December, 2021. Annual profit reported for this year is BDT 1,300 million compared to BDT 970 crore in the previous year. Consolidated EPS of the company stood at BDT 2.38, which was BDT 1.81 in 2020.{{footnote}}https://www.tbsnews.net/economy/stocks/lankabangla-finance-posts-31-profit-growth-2021-402134{{/footnote}}
275 +* LankaBangla Finance Ltd and Rangs Ltd has signed a memorandum of understanding (MoU) in April, 2022. Under the arrangement, customers of the non-bank financial institution will enjoy discounts on vehicle price, spare parts and servicing from the local industrial conglomerate.{{footnote}}https://www.thedailystar.net/business/organisation-news/news/lankabangla-finance-rangs-ltd-sign-mou-3006721{{/footnote}}
276 +* In November, 2021, LBFL has received $21 million foreign loan from Financing for Healthier Lives DAC ($5 million), and responsAbility Investments AG ($16 million). The proceeds from the loans will mainly be utilized to lend to small and medium enterprises and finance projects which will have a positive social impact.{{footnote}}https://www.tbsnews.net/economy/corporates/lankabangla-finance-receives-21-million-foreign-loan-335824{{/footnote}}
277 +* In March, 2022, LBFL has signed a MoU with US-Bangla Airlines whereby LankaBangla Finance Mastercard Titanium and VISA Platinum cardmember will enjoy Dhaka-Maldives-Dhaka return air ticket with exclusive price at only Tk34,999 from US-Bangla Airlines Ltd.
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277 277  {{putFootnotes/}}
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