Welcome to the January 2025 issue of the ECRL Monthly Economic & Business Review. This edition marks the beginning of another year filled with opportunities, challenges, and growth prospects for Bangladesh’s economic and business landscape. Our focus this month is on a sector that stands at the crossroads of innovation, sustainability, and transformative growth: renewableRead more
Blog
The paint and coatings industry in Bangladesh is undergoing a significant transformation, driven by technological advancements and an increasing focus on sustainability. This analysis highlights the industry’s evolution, characterized by a shift towards eco-friendly practices and innovative product formulations that respond to consumer demand for non-hazardous materials. The market, currently valued at approximately BDT 6.25Read more
Emerging Credit Rating Limited (ECRL) has affirmed an ESME-3 credit rating for M/S Khan Traders. The outlook on the rating is Stable.Read more
Emerging Credit Rating Limited (ECRL) has confirmed an ESME-3 credit rating for M/S Maa Traders. The rating is based on information provided by the bank and the concerned entity, as well as other relevant quantitative and qualitative data available at the time of rating. The outlook on the rating is Stable.Read more
Emerging Credit Rating Limited (ECRL) has affirmed an ESME-2 credit rating for M/S Ferdous Ahmed. The rating is based on information received from the respective bank and concern, alongside other relevant quantitative and qualitative data available at the time of rating. The rating outlook is Stable.Read more
Emerging Credit Rating Limited (ECRL) has assigned an ESME-3 credit rating for A R Z Trading. The outlook on the rating is Stable.Read more
Emerging Credit Rating Limited (ECRL) has affirmed the AA- (Double A minus) long-term credit rating and ST-2 short-term credit rating of ADN Telecom Limited (ADNTel). The rating is based on the audited financial statements from FY2021-FY2024, as well as other relevant qualitative and quantitative information available at the time of rating. The outlook on theRead more
Emerging Credit Rating Limited (ECRL) has affirmed an AAB (pronounced as ‘Double A Bond’) long-term credit rating for Prime Bank Subordinated Bond IV. The report is based on audited financials for FY2020-FY2023, unaudited 6-monoth financial statemtns for FY2024 and other relevant information available up to the date of the rating. The outlook on the ratingRead more
Emerging Credit Rating Limited (ECRL) has affirmed an AA+B (pronounced ‘Double A Plus Bond’) long-term credit rating for IPDC Finance PLC’s (IPDC) 2nd Subordinated Bond. The rating is based on audited financials for FY2020-FY2023, unaudited H1 financial statements for FY2024 and other relevant information available up to the date of the rating. The outlook onRead more
This study aims to elucidate consumer preferences and market dynamics within Dhaka’s motorcycle market, recognizing the industry’s critical role in Bangladesh’s economy and the need for brands to align with shifting consumer demands. Utilizing a comprehensive methodology, Emerging Credit Rating Ltd. (ECRL) conducted primary surveys, expert interviews, and secondary research to gather and analyze data.Read more