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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

Emerging Credit Rating Limited (ECRL) has affirmed AAA (Pronounced as Triple A) long term credit rating and ST-1 short term credit rating to United Power Generation & Distribution Company Ltd . The outlook of the rating is Stable.The rating is based on audited financial statements of FY2020 to FY2023 and other relevant qualitative and quantitativeRead more

Emerging Credit Rating Limited (ECRL) has affirmed AID (Pronounced as “Single A Islamic Debt”) long term credit rating to First Security Islami Bank Limited’s (FSIBL) Third Mudaraba Subordinated Bond (hereinafter referred to as “The Subordinated Bond” or “The Issue”) issuance of BDT 7,000.00 million in nominal value. The outlook on the rating is Stable. TheRead more

Emerging Credit Rating Limited (ECRL) has assigned AA+B (Pronounced as Double A Plus Bond) long term credit rating to IDLC Zero Coupon Bond (hereinafter referred to as “The Zero Coupon Bond” or “The Bond” or “The Issue”) issuance up to BDT 5,000.00 million in face value. The outlook on the rating is Stable.Read more

Emerging Credit Rating Limited (hereinafter referred to as ECRL) has affirmed BBB- (Pronounced as triple B minus) long term credit rating and ST- 3 short term rating to BD Thai Food & Beverage Limited (from here on referred to as BDTFBL or ‘The Company’). The outlook on the rating is Stable. The rating is basedRead more

Emerging Credit Rating Limited (ECRL) has assigned ESME-3 credit rating to Khorshed Engineering Workshop . The outlook of the rating is Stable. The rating is consistent with ECRL’s methodology for this type of business. ECRL considered financial strength, the scale of business, the proprietor’s experience and the prospect of the industry while assigning the rating.Read more

Emerging Credit Rating Limited (hereinafter referred as ‘ECRL’) has upgraded to A+ (Pronounced as single A plus) long term credit rating and affirmed to ST-2 short term credit rating to Edison Footwear Limited (herein referred to as ‘EFL’ or ‘the Company’). The outlook on the rating is Stable. The ratings are consistent with ECRL’s methodologyRead more

Emerging Credit Rating Limited (ECRL) has assigned ESME-3 credit rating to Janani One To Ninety Nine Plus. 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, proprietor’s experience and prospect of the industry while assigning the rating. TheRead more

Emerging Credit Rating Limited (ECRL) has assigned BBB (Pronounced as Triple B) long term credit rating and ST-3 short term credit rating to Grand Bengal Hotel Ltd (from here on referred to as ‘GBHL’ or ‘the company’ or ‘the project’ or ‘the hotel’). The outlook of the rating is Stable.Read more

Emerging Credit Rating Limited (hereinafter referred to as ECRL) has assigned BBB (pronounced as ‘Triple B’) long term credit rating and ST-3 short term credit rating to Bandbox Limited (hereinafter referred to as ‘the company’ or ‘BL’). The outlook of the rating is Stable. The rating is based on the audited financial statement of FY2019-FY2022Read more