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Home Articles posted by ecrl-admin

ECRL has affirmed BBB- (Pronounced as Triple B Minus) long term credit rating and ST-3 short term credit rating with a Stable outlook to Amin Businesslink Limited. The rating is valid from August 14, 2026 to August 13, 2027.

By ecrl-admin | Rationale | 0 comment | 14 August, 2026 | 0

Emerging Credit Rating Limited (ECRL) has affirmed BBB- (Pronounced as Triple B Minus) long term credit rating and ST-3 short term credit rating to Amin Businesslink Limited. The outlook of the rating is Stable. The ratings are consistent with ECRL’s rating methodology for this type of company. The rating is valid from August 14, 2026Read more

CRL has upgraded BBB (pronounced as Triple B) long term credit rating and ST-3 short term credit rating with a Stable outlook to Concept Label & Accessories Ltd. The rating is valid from August 10, 2026 to August 09, 2027.

By ecrl-admin | Rationale | 0 comment | 10 August, 2026 | 0

Emerging Credit Rating Limited (ECRL) has upgraded BBB (pronounced as Triple B) long term credit rating and ST-3 short term credit rating to Concept Label & Accessories Ltd. (from here on referred to as “CLAL” ‘The Company’). The outlook on the rating is Stable. The ratings are consistent with ECRL’s Corporate Debt Rating methodology forRead more

ECRL has assigned ESME-3 credit rating with a Stable outlook to M/S Joypur Filling Station. The rating is valid from August 09, 2026 to August 08, 2027.

By ecrl-admin | Rationale | 0 comment | 9 August, 2026 | 0

Emerging Credit Rating Limited (ECRL) has assigned ESME-3 credit rating to M/S Joypur Filling Station (hereinafter referred to as ‘the concern’) for Sonali Bank PLC’s total loan limit of BDT 20.00 million. The outlook of the rating is Stable. The rating is consistent with ECRL’s methodology for this type of business. ECRL considered financial strength,Read more

ECRL has assigned BBB (Pronounced as Triple B) long-term credit rating and ST-3 short-term credit rating with a Stable outlook to “Karnafully Foundation”. The rating is valid from August 09, 2026 to August 08, 2027.

By ecrl-admin | Rationale | 0 comment | 9 August, 2026 | 0

Emerging Credit Rating Limited (ECRL) has assigned to BBB (Pronounced as Triple B) as long-term credit rating and ST-3 as short-term credit rating to “Karnafully Foundation”. The outlook on the rating is Stable. The rating is consistent with ECRL’s methodology for this type of non-profit organization. ECRL considered objective of the organization, its policies inRead more

ECRL has assigned ESME-3 credit rating with a Stable outlook to “Rajib and Brothers”. The rating is valid from July 21, 2026 to July 20, 2027.

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

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

ECRL Hosts Seminar on Reforming Financial Architecture to Drive Economic Growth

By ecrl-admin | General News Blog Post | 0 comment | 19 July, 2026 | 0

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

ECRL has assigned long term rating BBB (Pronounced as ‘Triple B’) and short-term credit rating for ST-3 with a Stable outlook to Astro Commodities Limited. The rating is valid from July 15, 2026 to July 14, 2027.

By ecrl-admin | Rationale | 0 comment | 15 July, 2026 | 0

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

ECRL has assigned BBB+ (pronounced as Triple B Plus) long term credit rating and ST-3 short term credit rating with a Stable outlook to DENZAI Bangladesh Ltd. The rating is valid from July 14, 2026 to July 13, 2027.

By ecrl-admin | Rationale | 0 comment | 14 July, 2026 | 0

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

ECRL has assigned AA- (Pronounced as double A minus) long term rating and ST-1 short term rating with a Stable outlook to Akij Resources Ltd. The rating is valid from July 08, 2026 to July 07, 2027.

By ecrl-admin | Rationale | 0 comment | 8 July, 2026 | 0

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

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

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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