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Emerging Credit Rating Limited (ECRL) has upgraded AAB (Pronounced as ‘Double A Bond’) long term credit rating to The City Bank Limited’s Third Subordinated Bond BDT 7,000 million (hereinafter referred to as “The Subordinated Bond” or “The Bond” or “The Issue”). The outlook of the rating is Stable. The rating is consistent with ECRL’s methodologyRead more

Emerging Credit Rating Limited (ECRL) has affirmed BBB (Pronounced as Triple B) long term credit rating and ST-3 short term credit rating to ADN Technologies Limited. The outlook on the rating is Stable. The rating is based on the audited financial statements of FY2021-FY2023 and other qualitative information up to the date of rating.Read more

Emerging Credit Rating Limited (ECRL) has assigned ST-2 short term credit rating to Quality Printing Packaging Limited. ECRL has assigned an equivalent long term credit rating of A (Pronounced as Single A). The outlook of the rating is Stable. The rating is based on audited financial statement from FY 2020-2023 as well as other qualitativeRead more

Emerging Credit Rating Limited (hereafter referred to as ‘ECRL’) has affirmed A+ (Pronounced as A plus) long term credit rating and ST-2 short term credit rating to the Denimach Limited. The outlook on the rating is Stable.The rating is based on audited financial statement from FY2020 to FY2023 and other relevant qualitative and quantitative informationRead more

The fisheries industry in Bangladesh plays a pivotal role in the nation’s economy, capitalizing on its extensive wetland resources and diverse fish species. This study delves into the evolution of fish production, export, and import trends over the past three decades, with a keen focus on their contribution to the GDP. Drawing from comprehensive literatureRead more

Emerging Credit Rating Limited (hereinafter referred as ‘ECRL’) has assigned to BBB (Pronounced as Triple B) long term credit rating ST-3 short term credit rating to The Shoes Bangladesh Ltd. The outlook on the rating is Stable. The rating is based on the audited financial statements of FY2021-FY2022, unaudited financial of FY2023 along with otherRead more

Emerging Credit Rating Limited (ECRL) has affirmed AA+B (Pronounced as Double A Plus) long term credit rating to IDLC Finance PLC.’s (hereinafter referred to as “IDLC” or “The FI”) Non-Convertible Zero Coupon Bond (hereinafter referred to as “The Zero Coupon Bond” or “The Bond” or “The Issue”) issuance up to BDT 2,550.00 million in faceRead more

Emerging Credit Rating Limited (from here on referred to as ‘ECRL’) has affirmed BBB- (Pronounced as triple B minus) long term credit rating and ST-3 short term credit rating to M/S Quality Enterprise and its sister concern M/S Seraj Dream. The outlook of the rating is Stable. The rating is based on the unaudited financialRead more

Emerging Credit Rating Limited (ECRL) has affirmed A (Pronounced as single A) long term credit rating and ST-2 short term credit rating to Apex Enterprises Limited . The outlook of the rating is Stable. The rating is based on audited financial statements of FY2020-FY2023 and other relevant qualitative information up to the date of rating.Read more

Emerging Credit Rating Limited (hereinafter referred to as “ECRL”) has downgraded long term rating to A- (Pronounced as single A Minus) and affirmed short term rating ST-3 to Rahimafrooz (Bangladesh) Limited .The outlook on the rating is Stable. The rating is based on audited financial statements for the fiscal years 2019-2023 as well as otherRead more