Blog

The Board of Directors of Emerging Credit Rating Limited promoted Mr. Arifur Rahman, FCCA, FCA, CSAA to the rank of Chief Executive Officer (CEO) of the company as on March 1st, 2023. Prior to this position, Mr. Rahman had been serving as Director and Chief Operating Officer (COO) of the company. Mr. Rahman is FellowRead more

Emerging Credit Rating Limited (ECRL) has upgraded long term rating to A- (Pronounced as Single A minus) and upgraded to ST-2 short term credit rating to Summit Towers Limited. The outlook on the rating is Stable. The rating is based on audited financial statements for FY2021-2022, and six months audited financial statements for FY2023 (JulyRead more

Emerging Credit Rating Limited (ECRL) has assigned A+ (Pronounced as single A plus) long term credit rating and ST-2 short term credit rating to Walton Micro-Tech Corporation. The outlook on the rating is Stable. The rating is based on the audited financial statements from FY2019-2022 and other relevant information up to the date of rating.Read more

Emerging Credit Rating Limited (ECRL) has affirmed A+ (Pronounced as A plus) long term credit rating and ST-2 short term credit rating to Mainetti (Bangladesh) Pvt. Limited. The outlook of the rating is Stable. The rating is based on audited financial statements from FY 2017-2021 (Financial Year: 31st December) and other relevant qualitative information upRead more

Emerging Credit Rating Limited (ECRL) has assigned AA- (Pronounced as Double A Minus) long term credit rating and ST-2 short term credit rating to Unilever Consumer Care Limited along with a Stable outlook. The rating is based on audited financial statements up to December 31, 2022 and other relevant quantitative as well as qualitative informationRead more

Emerging Credit Rating Limited (ECRL) has affirmed BB+ (Pronounced as double B plus) long term credit rating and ST-4 short term credit rating Mozaffar Hossain Spinning Mills Ltd. The outlook of the rating is Stable. The rating is based on audited financial statements from FY2017 to FY2022 and six months unaudited financial statement of FY2023Read more

Emerging Credit Rating Limited (ECRL) has affirmed the long term rating of A- (Pronounced as Single A minus) and short term rating of ST-2 to InnStar Limited. The outlook of the rating is Stable. The ratings are based on audited financial statements of FY2019-FY2021, unaudited financial statement of FY2022 and other qualitative and quantitative information.Read more

Emerging Credit Rating Limited (ECRL) has upgraded to A+ (Pronounced as single A plus) long term credit rating and ST-2 short term credit rating to the Butterfly Industries Ltd. The outlook on the rating is Stable. The rating is based on the audited financial statements from FY 2019-2022, and other relevant quantitative and qualitative informationRead more

Emerging Credit Rating Limited has assigned BBB (Pronounced as Triple B) and ST-3 short term rating to United Delcot Water Limited. The outlook on the rating is stable. ECRL has assigned such rating after scrutiny of the project profile and assumptions considered by ECRL.Read more

On International Women’s Day 2023, ECRL Family celebrated the extraordinary journey of its female colleagues who have paved a path of success and achievement. On this day, we long to create a future that’s diverse, equitable, and inclusive. ECRL recognizes women’s achievements, raises awareness about prejudice, and takes steps to encourage equal treatment of women.Read more