Emerging Credit Rating Limited (ECRL) has assigned ESME-3 credit rating to “Rajib and Brothers”. 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, and prospect of the industry while assigning the rating. The rating is based on theRead more
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Dhaka, July 16, 2026: Emerging Credit Rating Limited (ECRL) successfully organized a seminar today titled “Reforming the financial architecture for economic growth: It is time to shift from Bank to market and bond-based financing.” The event, held at the Head Office of Emerging Credit Rating Limited, focused on the urgent need for Bangladesh to transitionRead more
Emerging Credit Rating Limited (ECRL) has assigned long term rating BBB (Pronounced as ‘Triple B’) and short-term credit rating for ST-3 to Astro Commodities Limited. The outlook on the rating is Stable. Astro Commodities Limited is a private limited company engaged in the import, trading, and refining edible oils. The ratings are consistent with ECRL’sRead more
Emerging Credit Rating Limited has assigned BBB+ (pronounced as Triple B Plus) long term credit rating and ST-3 short term credit rating to DENZAI Bangladesh Ltd. The outlook on the rating is Stable. The ratings are consistent with ECRL’s methodology for this type of company. The rating is based on audited financial statements of upRead more
Emerging Credit Rating Limited assigned AA- (Pronounced as double A minus) long term rating and ST-1 short term rating to Akij Resources Ltd. The outlook on the rating is Stable. The rating is consistent with ECRL’s rating methodology for this type of company. Akij Resources Ltd. is the holding company for Akij Resources Ltd. TheRead more
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
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
Emerging Credit Rating Limited (ECRL) has affirmed AAA (Pronounced as ‘Triple A’) long term credit rating and ST-1 short term credit rating to DBH Finance PLC. based on audited financial statements up to December 31, 2025 and other available quantitative and qualitative information up to the date of rating. The outlook on the rating isRead more
Emerging Credit Rating Limited has upgraded long-term credit rating to A- (Pronounced as single A minus) and short-term credit rating to ST-2 to BRAC EPL Investments Limited. The outlook of the rating is Stable. The ratings are consistent with ECRL’s methodology for this type of company. The rating is based on the audited financial statementsRead 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 BRB Cable Industries Ltd. The outlook on the rating is Stable. BRB Cable Industries Ltd is the flagship business of BRB Group, a leading manufacturer of all kinds of electrical wires andRead more