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Home Articles posted by ecrl-admin

ECRL Announces the Appointment of Mr. Mohammed Salim FCMA as Advisor

By ecrl-admin | General News Blog Post | 0 comment | 2 July, 2026 | 0

The Board of Directors of Emerging Credit Rating Limited (ECRL) are pleased to announce the appointment of Mr. Mohammed Salim FCMA as an Advisor to the company. A veteran of the Bangladeshi corporate sector, Mr. Salim brings a wealth of expertise to ECRL, having served on numerous illustrious boards throughout his distinguished career. He currentlyRead more

Monthly Magazine June 2026

By ecrl-admin | Monthly Magazine | 0 comment | 2 July, 2026 | 0

As Bangladesh accelerates its journey toward becoming a digitally empowered economy, few sectors carry as much strategic importance as telecommunications. Once viewed primarily as a provider of voice connectivity, the telecom industry has evolved into the backbone of commerce, innovation, financial inclusion, and digital transformation. In this issue of the ECRL Monthly Economic & BusinessRead more

ECRL has affirmed ESME-3 credit rating with a Stable outlook to M/S Jerin Enterprise. The rating is valid from May 21, 2026 to May 20, 2027.

By ecrl-admin | Rationale | 0 comment | 21 May, 2026 | 0

Emerging Credit Rating Limited (ECRL) has affirmed ESME-3 credit rating to M/S Jerin Enterprise. The outlook of the rating is Stable. The rating is consistent with ECRL’s methodology for this type of business. ECRL considered financial strength, scale of business, proprietor’s experience and prospect of the industry while assigning the rating. The rating is basedRead more

ECRL has upgraded BBB+ (Pronounced as triple B Plus) long term credit rating and affirmed ST-3 short term credit rating with a Stable outlook to Sonia Fine Knit Limited. The rating is valid from May 17, 2026 to May 16, 2027.

By ecrl-admin | Rationale | 0 comment | 17 May, 2026 | 0

Emerging Credit Rating Limited (ECRL) has upgraded BBB+ (Pronounced as triple B Plus) long term credit rating and affirmed ST-3 short term credit rating to Sonia Fine Knit Limited. The outlook of the rating is Stable. Sonia Fine Knit Limited is an export-oriented sweater producing factory, which manufactures men’s, women’s and children’s sweaters from variousRead more

ECRL has affirmed ESME-3 credit rating with a Stable outlook to Bondhu Motors. The rating is valid from May 11, 2026 to May 10, 2027.

By ecrl-admin | Rationale | 0 comment | 11 May, 2026 | 0

Emerging Credit Rating Limited (ECRL) has affirmed ESME-3 credit rating to Bondhu Motors. The outlook of the rating is Stable. The rating is consistent with ECRL’s methodology for this type of business. ECRL considered financial strength, scale of business, proprietor’s experience and prospect of the industry while assigning the rating. The rating is based onRead more

ECRL has assigned BBB+ (Pronounced as Triple B Plus) long term rating and ST-3 short term rating with a Stable outlook to Japan Bangladesh Friendship Medical Services Ltd. The rating is valid from May 05, 2026 to May 04, 2027.

By ecrl-admin | Rationale | 0 comment | 5 May, 2026 | 0

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 privateRead more

ECRL has affirmed AA+ (Pronounced as “Double A Plus”) long term credit rating and ST-1 short term credit rating with a Stable outlook to Bank Alfalah Limited (Bangladesh Operations). The rating is valid from April 28, 2026 to April 27, 2027.

By ecrl-admin | Rationale | 0 comment | 28 April, 2026 | 0

Emerging Credit Rating Limited (ECRL) has affirmed AA+ (Pronounced as “Double A Plus”) long term credit rating and ST-1 short term credit rating to Bank Alfalah Limited (Bangladesh Operations) based on audited financials of FY2022-2025, and other available information up to the date of rating declaration. The outlook on the rating is Stable. The ratingsRead more

ECRL has affirmed ESME-3 credit rating with a Stable outlook to M/S Arfin Fashion. The rating is valid from April 25, 2026 to April 24, 2027.

By ecrl-admin | Rationale | 0 comment | 25 April, 2026 | 0

Emerging Credit Rating Limited (ECRL) has affirmed ESME-3 credit rating to M/S Arfin Fashion. The outlook of the rating is Stable. The rating is consistent with ECRL’s methodology for this type of business. ECRL considered financial strength, scale of business, proprietor’s experience and prospect of the industry while assigning the rating. The rating is basedRead more

ECRL has affirmed ESME-3 credit rating with a Stable outlook to M/S G S Furniture. The rating is valid from April 23, 2026 to April 22, 2027.

By ecrl-admin | Rationale | 0 comment | 23 April, 2026 | 0

Emerging Credit Rating Limited (ECRL) has affirmed ESME-3 credit rating to M/S G S Furniture. The outlook of the rating is Stable. The rating is consistent with ECRL’s methodology for this type of business. ECRL considered financial strength, scale of business, proprietor’s experience and prospect of the industry while assigning the rating. The rating isRead more

Monthly Magazine April 2026

By ecrl-admin | Monthly Magazine | 0 comment | 20 April, 2026 | 0

Welcome to the latest issue of the ECRL Monthly Economic and Business Review, where we explore a sector undergoing a quiet yet profound transformation the furniture and interior solutions industry of Bangladesh. Positioned at the crossroads of industrial capability, changing consumer lifestyles, and emerging export potential, this industry reflects the broader evolution of the country’sRead more

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  • Home
  • About ECRL
    • Our Vision, Mission & Goal
    • 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
  • Career
    • Business Development Senior Manager/Manager
    • Assistant Vice President
    • Department Head- Research & Consultancy
    • Senior Officer- Content & Communication
    • Research Analyst
Emerging Credit Rating Ltd