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Emerging Credit Rating Limited (ECRL) has affirmed AA- (pronounced as ‘Double A Minus’) long term credit rating and ST-2 short term credit rating to Dressmen Limited (‘DL’ or ‘The Company’). The outlook on the rating is Stable. The rating is based on audited financial statements from FY2019-2022 and other qualitative information up to the dateRead more

Emerging Credit Rating Limited (hereafter referred to as ‘ECRL’) has upgraded to A- (Pronounced as Single A minus) long term credit rating and ST-2 short term credit rating to SAS Building Materials Limited. The outlook on the rating is Stable. The rating is based on the audited financial statements of FY 2020 to FY 2022,Read 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 Popular Poultry And Fish Feed Ltd. The outlook on the rating is Stable. The ratings are consistent with ECRL’s rating methodology for this type of company. The rating is based on theRead more

Emerging Credit Rating Limited (ECRL) has affirmed A- (Pronounced as A minus) long term credit rating and ST-2 short term credit rating to Safe & Fresh Foods 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 based on the unaudited financialRead more

Emerging Credit Rating Limited (hereafter referred to as ‘ECRL’) has affirmed ST-3 short term credit rating to Larsen Chemical Industries (Pvt.) Ltd. ECRL has upgraded to equivalent long term entity rating of BBB+ (Pronounced as Triple B plus). The outlook of the rating is Stable.The ratings are consistent with ECRL’s methodology for this type ofRead more

Emerging Credit Rating Limited (‘ECRL’) has affirmed BB- (Pronounced as double B minus) long term credit rating and ST-4 short term credit rating to the M/S S & S Poultry Farms.The outlook on the rating is Stable.. The ratings are consistent with ECRL’s corporate debt methodology for this type of corporate debt rating. The ratingRead 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 Walton Hi-Tech Industries PLC. . The outlook on the rating is Stable.The rating is based on the audited financial statements from FY2020 to FY2023 and 1st quarter unaudited interim financial statements ofRead more

Emerging Credit Rating Limited (ECRL) has affirmed AA- (Pronounced as double A minus) long term credit rating and ST-2 short term credit rating to Rancon Motor Bikes Limited . The outlook on the rating is Stable. The rating is based on audited financial statements of FY2020-2023 in addition to other relevant qualitative and quantitative informationRead more

Emerging Credit Rating Limited (hereafter referred to as ‘ECRL’) has affirmed AA+ (pronounced as Double A plus) long term credit rating and ST-1 short term credit rating to the Eastern Housing Limited .The outlook of the rating is Stable. . The rating is based on audited financial statements from FY2020-FY2023 and other up to dateRead more

Emerging Credit Rating Limited (ECRL) has affirmed AA-B (Pronounced as ‘Double A Minus Bond’) long term credit rating to Southeast Bank PLC.’s Subordinated Floating Rate Bond BDT 5,000 Million (hereinafter referred to as “The Subordinated Bond” or “The Bond” or “The Issue”). The outlook on the rating is Stable. The rating is consistent with ECRL’sRead more