Blog

In compliance with BSEC Credit Rating Companies Rules 2022, particularly rule 10.6.d.ii, Emerging Credit Rating Limited (ECRL) hereby notifies that, in order to perform annual surveillance credit rating of 2025 ECRL sent document requisition letter to Best Holdings PLC.. The company submitted partial documents and informed ECRL that the financial statement of the company isRead more

Emerging Credit Rating Limited (ECRL) has affirmed AAA (pronounced as triple A) long-term credit rating and ST-1 short-term credit rating to Bangladesh National Insurance Company Limited. The outlook on the rating is Stable. The ratings are consistent with ECRL’s rating methodology for this type of company. The ratings are based on the audited financial statementsRead more

Emerging Credit Rating Limited (ECRL) has affirmed ST-4 short-term credit rating to Zenith (Bangladesh) Rollers Ltd. Although the company does not have any long-term investment facility, ECRL has assigned an equivalent long-term credit rating of BB+ (pronounced as Double B Plus). The outlook on the rating is Stable.Read more

At today’s meeting of the Board of Directors of Emerging Credit Rating Limited, Director Ahsan Parvez, FCA was elected as the new Chairman of the Company replacing Dr. Jamaluddin Ahmed, FCA. Mr. Parvez is one of the sponsor directors of Emerging Credit Rating Ltd. (ECRL). He is a fellow member of ICAB and possesses aRead more

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

Emerging Credit Rating Limited (ECRL) has affirmed the AAAB (pronounced as Triple A Bond) long-term credit rating to DBH Finance PLC’s (hereinafter referred to as “DBH” or “the FI”) DBH Affordable Housing Bond (hereinafter referred to as “The Bond” or “The Issue”) issuance of up to BDT 3,500.00 million in face value. The outlook onRead more

Emerging Credit Rating Limited (ECRL) has affirmed AAA (pronounced as Triple A) long-term credit rating and ST-1 short-term credit rating to Marico Bangladesh Limited. The outlook on the rating is Stable. The rating is consistent with ECRL’s rating methodology for this type of company. The ratings are based on the audited financial statements for FY2022–FY2025,Read more

Emerging Credit Rating Limited (ECRL) has affirmed ESME-3 credit rating to M/S New Maa Traders. The outlook of the rating is Stable.Read more

Emerging Credit Rating Limited (ECRL) has affirmed ESME-2 credit rating to M/S Gaffar 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

Emerging Credit Rating Limited (ECRL) has assigned A- (pronounced as single A minus) long-term financial strength rating to Shanta Life Insurance PLC. The outlook on the rating is Stable. The rating is consistent with ECRL’s rating methodology for this type of company. The ratings are based on the audited financial statements for FY2024, half-year unauditedRead more