Emerging Credit Rating Limited (ECRL) has assigned BBB+ (Pronounced as Triple B Plus) long term rating and ST-3 short term rating to Japan Bangladesh Friendship Medical Services Ltd. The outlook on the rating is Stable. The rating is consistent with ECRL’s methodology for this type of company. Japan Bangladesh Friendship Medical Services Ltd., a private limited company, operates as a hospital and is involved in treating indoor and outdoor patients as well as selling medicines. The rating is based on the audited financial statement of FY2022-FY2025 along with other relevant qualitative and quantitative information up to the date of rating. The rating is valid from May 05, 2026 to May 04, 2027. The ratings may be changed or revised prior to expiry, if warranted by extraordinary circumstances in the management, operations and/or performance of the entity rated.