ECRL has affirmed AA+IB (Pronounced as Double A Plus Islamic Bond) with a Stable outlook to Islami Bank Bangladesh PLC.’s (IBB) 2nd Mudaraba Redeemable Subordinated Bond issuance of BDT 7,000.00 million in face value.

By ecrl-admin | Rationale | 0 comment | 2 August, 2023 | 0

Emerging Credit Rating Limited (ECRL) has affirmed AA+IB (Pronounced as Double A Plus Islamic Bond) long term credit rating to Islami Bank Bangladesh PLC.’s (IBB) 2nd Mudaraba Redeemable Subordinated Bond (hereinafter referred to as “The Subordinated Bond” or “The Bond” or “The Issue”) issuance of BDT 7,000.00 million in face value. The outlook on the rating is Stable.