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Emerging Credit Rating Limited (ECRL) began its journey in the year 2009 with the motive to deliver credible superior & quality credit rating opinion in various industry segments around Bangladesh. ECRL obtained credit rating license from Bangladesh Securities and Exchange Commission (BSEC) in June 2010 as per Credit Rating Companies Rules 1996 and also received Bangladesh Bank Recognition as an External Credit Assessment Institution (ECAI) in October 2010.  Read More>>

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Rating Reports

Rationale

30 Sep

Emerging Credit Rating Limited (ECRL) has affirmed AAA long-term credit rating and ST-1 short-term credit rating with a Stable outlook to Bangladesh National Insurance Company Limited.

Emerging Credit Rating Limited (ECRL) has affirmed AAA (pronounced as triple A) long-term credit rating and ST-1 short-term credit

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29 Sep

ECRL has affirmed ST-4 short-term credit rating and assigned BB+ long-term credit rating with a Stable outlook to Zenith (Bangladesh) Rollers Ltd.

Emerging Credit Rating Limited (ECRL) has affirmed ST-4 short-term credit rating to Zenith (Bangladesh) Rollers Ltd. Although the company

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28 Sep

ECRL has affirmed ESME-3 credit rating with a Stable outlook to M/S Shizan Traders.

Emerging Credit Rating Limited (ECRL) has affirmed ESME-3 credit rating to M/S Shizan Traders. The outlook of the rating

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News

07 Oct

Update on Best Holdings PLC’s 2025 Credit Rating Assessment

In compliance with BSEC Credit Rating Companies Rules 2022, particularly rule 10.6.d.ii, Emerging Credit Rating Limited (ECRL) hereby notifies

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28 Sep

Ahsan Parvez, FCA Appointed as the New Chairman of Emerging Credit Rating Limited

At today’s meeting of the Board of Directors of Emerging Credit Rating Limited, Director Ahsan Parvez, FCA was elected

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27 Jul

Update on Islami Bank Bangladesh PLC’s 2025 Credit Rating Assessment

The Surveillance Credit Rating for Islami Bank Bangladesh PLC (IBBL) for the year 2025 is currently under reveiw. This

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Monthly Economic and Business Update

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  • Monthly Magazine September 2025

    In the wake of the historic July 2024 uprising, Bangladesh finds itself at a defining momentRead more

  • Monthly Magazine April 2025

    Against a backdrop of economic fragility and political reform, this April, ECRL Monthly Economic & BusinessRead more

  • Monthly Magazine March 2025

    As we turn the pages of this March 2025 issue of the ECRL Monthly Economic &Read more

  • Monthly Magazine February 2025

    Welcome to the February 2025 issue of the ECRL Monthly Economic & Business Review. As theRead more

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ECRL Blog Posts

  • The bottled water industry in Bangladesh

    Analysis / July 8, 2024

  • The Handicraft Industry in Bangladesh

    Analysis / July 7, 2024

  • The aviation industry in Bangladesh

    Analysis / July 7, 2024

  • The shipbuilding industry in Bangladesh

    Analysis / July 7, 2024

See All

Copyright 2015 Emerging Credit Rating Ltd. | All Rights Reserved
  • Home
  • About ECRL
    • Our Vision, Mission & Goal
    • Board of Directors
    • Committee
      • Rating Committee
      • Risk Management Committee
    • Regulators and Affiliations
    • Code of Conduct
      • ECRL
      • ACRAA
      • IOSCO
    • Mile Stone
    • Corporate Profile
    • Fee Structure
    • FAQ
      • Rating Benefits
      • Detailed FAQ
  • The Team
    • Management Team
    • Rating Team
    • Business Development Team
  • Rating
    • Rating Service
    • Rating Process
    • Rating Methodology
    • Rating Symbol
    • Rating Reports
    • Rationale
    • Transition Matrix
    • Default Studies
    • Rating Discontinue List
    • Disclosure as per BSEC
    • Unsolicited Rating Policy
  • Research
    • Research Team
    • Services
    • Data Bank
      • Primary Survey Data
      • Secondary Data
        • Bangladesh
        • International
    • Publications
      • Industry Analysis
      • ECRL Quarterly
      • Working Paper
      • Publication by Researchers
    • Projects
      • Ongoing
      • Accomplished
    • ECRL Thought
    • Blog
  • Media Center
    • Downloads
    • News & Events
  • Monthly Magazine
  • Contact Us
Emerging Credit Rating Ltd