As we turn the pages of this March 2025 issue of the ECRL Monthly Economic & Business Review, we are proud to present a comprehensive and timely exploration of Islamic finance in Bangladesh, set against the evolving backdrop of the global Islamic financial ecosystem. This month, we delve into the increasingly vital conversation about ethicalRead more
Blog
Emerging Credit Rating Limited (ECRL) has affirmed BBB+ long term credit rating and ST-3 short term credit rating to TWELVE Clothing Limited. The outlook on the rating is Stable. The ratings are based on the audited financial statements for FY2021–FY2024 and other relevant qualitative information up to the date of the rating declaration.Read more
Welcome to the February 2025 issue of the ECRL Monthly Economic & Business Review. As the world grapples with the escalating climate crisis, this edition delves deep into one of the most pressing economic challenges of our time: climate finance. The ability to secure sustainable funding for climate mitigation and adaptation has become a definingRead more
Welcome to the January 2025 issue of the ECRL Monthly Economic & Business Review. This edition marks the beginning of another year filled with opportunities, challenges, and growth prospects for Bangladesh’s economic and business landscape. Our focus this month is on a sector that stands at the crossroads of innovation, sustainability, and transformative growth: renewableRead more
The paint and coatings industry in Bangladesh is undergoing a significant transformation, driven by technological advancements and an increasing focus on sustainability. This analysis highlights the industry’s evolution, characterized by a shift towards eco-friendly practices and innovative product formulations that respond to consumer demand for non-hazardous materials. The market, currently valued at approximately BDT 6.25Read more
Emerging Credit Rating Limited (ECRL) has affirmed an ESME-3 credit rating for M/S Khan Traders. The outlook on the rating is Stable.Read more
Emerging Credit Rating Limited (ECRL) has confirmed an ESME-3 credit rating for M/S Maa Traders. The rating is based on information provided by the bank and the concerned entity, as well as other relevant quantitative and qualitative data available at the time of rating. The outlook on the rating is Stable.Read more
Emerging Credit Rating Limited (ECRL) has affirmed an ESME-2 credit rating for M/S Ferdous Ahmed. The rating is based on information received from the respective bank and concern, alongside other relevant quantitative and qualitative data available at the time of rating. The rating outlook is Stable.Read more
Emerging Credit Rating Limited (ECRL) has assigned an ESME-3 credit rating for A R Z Trading. The outlook on the rating is Stable.Read more
Emerging Credit Rating Limited (ECRL) has affirmed the AA- (Double A minus) long-term credit rating and ST-2 short-term credit rating of ADN Telecom Limited (ADNTel). The rating is based on the audited financial statements from FY2021-FY2024, as well as other relevant qualitative and quantitative information available at the time of rating. The outlook on theRead more