Emerging Credit Rating Limited (ECRL) has affirmed A+B (Pronounced as ‘Single A Plus Bond’) long term credit rating to Dhaka Bank Perpetual Bond issuance of BDT 2,000.00 million in face value. The outlook on the rating is Stable.Read more
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Emerging Credit Rating Limited (ECRL) has assigned A- (Pronounced as Single A Minus) long term credit rating and ST-2 short term credit rating to Quality Livestock Limited. The outlook of the rating is Stable. The rating is based on the project profile, and projected financial statements, other quantitative and qualitative information up to the dateRead more
Emerging Credit Rating Limited (hereinafter referred to as ECRL) has affirmed the long term rating AA+ (Pronounced as Double A Plus) and short term rating ST-1 for United Hospital Limited. The outlook of the rating is Stable. The ratings are based on the audited financial statement from FY2019 to 2022, management information as well asRead more
Emerging Credit Rating Limited (hereinafter referred as ‘ECRL’) has upgraded long term credit rating to A+ (pronounced as single A plus) and affirmed ST-2 short term credit rating to Sparrow Apparels Limited. The outlook on the rating is Stable. The rating is based on the audited financial statements of Sparrow Apparels Limited from 2019-2022 andRead more
Emerging Credit Rating Limited (hereinafter referred as ‘ECRL’) has downgraded to BBB- (Pronounced as Triple B minus) long term rating and ST-3 short term rating to Sunshine Logistics Ltd. The outlook on the rating is stable. The ratings are based on the projected financial statement, audited report of FY2021-22 and relevant qualitative and quantitative informationRead more
Emerging Credit Rating Limited (ECRL) has assigned BBB- (Pronounced as Triple B Minus) long term credit rating and ST-3 short term rating to Elham Auto Rice Mill Ltd. The outlook of the rating is stable. The rating is based on the unaudited financial statement from FY 2021-FY2022 (June ending), along with projected financial statements andRead more
Emerging Credit Rating Limited (ECRL) has affirmed A- (Pronounced as single A minus) long term credit rating and ST-3 short term credit rating to S. S. Steel Limited. The outlook on the rating is Stable. The rating is based on the audited financial statements of FY2019-2022 and 6-month unaudited financial statement of 2023 as wellRead more
Emerging Credit Rating Limited (hereinafter referred as ‘ECRL’) has affirmed BBB- (Pronounced as Triple B minus) long term credit rating and ST-3 short term credit rating to Apparel Plus Limited. The outlook on the rating is Stable.The rating is based on audited financial statements of FY 2019-FY2021 and unaudited financial statement of FY2022 along withRead more
Emerging Credit Rating Limited (ECRL) has affirmed BBB (Pronounced as Triple B) long term credit rating and downgraded ST-3 short term credit rating to Padma Bank Securities Ltd. The outlook on the rating is Stable. The ratings are based on the audited financial statements from FY2019 to FY2022 and other relevant information up to theRead more
Emerging Credit Rating Limited (ECRL) has upgraded to A (Pronounced as “Single A”) long term credit rating and affirmed ST-3 short term credit rating to Rangpur Dairy & Food Products Limited. The outlook on the rating is Stable. The rating is based on the audited financial statements for 2019-2022 (FYE: June) and unaudited financial statementsRead more