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Home Articles posted by ecrl-admin (Page 2)

ECRL has affirmed AA (Pronounced as double A) long term credit rating and ST-2 short term credit rating with a Stable outlook to Rancon Motors Limited. The rating is valid from August 25, 2026 to August 24, 2027.

By ecrl-admin | Rationale | 0 comment | 25 August, 2026 | 0

Emerging Credit Rating Limited (ECRL) has affirmed long term credit rating to AA (Pronounced as double A) and ST-2 short term credit rating to Rancon Motors Limited. The ratings are consistent with ECRL’s rating methodology for this type of company. The outlook on the rating is Stable. The rating is based on audited financial statementsRead more

ECRL has affirmed A+ (pronounced as single A Plus) long term credit rating and ST-2 short term credit rating with a Stable outlook to Meditex Industries Limited. The rating is valid from August 25, 2026 to August 24, 2027.

By ecrl-admin | Rationale | 0 comment | 25 August, 2026 | 0

Emerging Credit Rating Limited (ECRL) has affirmed A+ (pronounced as single A Plus) long term credit rating and ST-2 short term credit rating to Meditex Industries Limited. The outlook of the rating is Stable. Meditex Industries Limited is engaged in the manufacturing of export-oriented ready-made garments (sweaters). The ratings are consistent with ECRL’s methodology forRead more

ECRL has downgraded ESME-5 credit rating with a Stable outlook to “Mofiz Store”. The rating is valid from August 25, 2026 to August 24, 2027.

By ecrl-admin | Rationale | 0 comment | 25 August, 2026 | 0

Emerging Credit Rating Limited (ECRL) has downgraded ESME-5 credit rating to “Mofiz Store”. The outlook of the rating is Stable. The rating is consistent with ECRL’s methodology for this type of concern. ECRL considered financial strength, scale of business, proprietor’s experience and prospect of the industry while assigning the rating. The rating is based onRead more

ECRL has downgraded ESME-4 credit rating with a Stable outlook to M/S Jakir Traders. The rating is valid from August 25, 2026 to August 24, 2027.

By ecrl-admin | Rationale | 0 comment | 25 August, 2026 | 0

Emerging Credit Rating Limited (ECRL) has downgraded ESME-4 credit rating to M/S Jakir Traders. 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. The rating is basedRead more

IFC, World Bank, and ECRL Convene to Progress Feasibility Study for Bangladesh Mortgage Refinance Company

By ecrl-admin | General News Blog Post | 0 comment | 23 August, 2026 | 0

“Key consultations address credit standing, risk mitigation frameworks, and regulatory oversight to establish a long-term refinancing facility in Bangladesh.”   DHAKA, BANGLADESH – August 20, 2026 – The International Finance Corporation (IFC) and the World Bank have successfully held consultations with Emerging Credit Rating Limited (ECRL) on Wednesday, August 19, 2026, at ECRL’s Dhaka headquarters.Read more

ECRL has affirmed BBB- (Pronounced as Triple B Minus) long term credit rating and ST-3 short term credit rating with a Stable outlook to Amin Businesslink Limited. The rating is valid from August 14, 2026 to August 13, 2027.

By ecrl-admin | Rationale | 0 comment | 14 August, 2026 | 0

Emerging Credit Rating Limited (ECRL) has affirmed BBB- (Pronounced as Triple B Minus) long term credit rating and ST-3 short term credit rating to Amin Businesslink 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 valid from August 14, 2026Read more

CRL has upgraded BBB (pronounced as Triple B) long term credit rating and ST-3 short term credit rating with a Stable outlook to Concept Label & Accessories Ltd. The rating is valid from August 10, 2026 to August 09, 2027.

By ecrl-admin | Rationale | 0 comment | 10 August, 2026 | 0

Emerging Credit Rating Limited (ECRL) has upgraded BBB (pronounced as Triple B) long term credit rating and ST-3 short term credit rating to Concept Label & Accessories Ltd. (from here on referred to as “CLAL” ‘The Company’). The outlook on the rating is Stable. The ratings are consistent with ECRL’s Corporate Debt Rating methodology forRead more

ECRL has assigned ESME-3 credit rating with a Stable outlook to M/S Joypur Filling Station. The rating is valid from August 09, 2026 to August 08, 2027.

By ecrl-admin | Rationale | 0 comment | 9 August, 2026 | 0

Emerging Credit Rating Limited (ECRL) has assigned ESME-3 credit rating to M/S Joypur Filling Station (hereinafter referred to as ‘the concern’) for Sonali Bank PLC’s total loan limit of BDT 20.00 million. The outlook of the rating is Stable. The rating is consistent with ECRL’s methodology for this type of business. ECRL considered financial strength,Read more

ECRL has assigned BBB (Pronounced as Triple B) long-term credit rating and ST-3 short-term credit rating with a Stable outlook to “Karnafully Foundation”. The rating is valid from August 09, 2026 to August 08, 2027.

By ecrl-admin | Rationale | 0 comment | 9 August, 2026 | 0

Emerging Credit Rating Limited (ECRL) has assigned to BBB (Pronounced as Triple B) as long-term credit rating and ST-3 as short-term credit rating to “Karnafully Foundation”. The outlook on the rating is Stable. The rating is consistent with ECRL’s methodology for this type of non-profit organization. ECRL considered objective of the organization, its policies inRead more

ECRL has assigned ESME-3 credit rating with a Stable outlook to “Rajib and Brothers”. The rating is valid from July 21, 2026 to July 20, 2027.

By ecrl-admin | Rationale | 0 comment | 21 July, 2026 | 0

Emerging Credit Rating Limited (ECRL) has assigned ESME-3 credit rating to “Rajib and Brothers”. 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, and prospect of the industry while assigning the rating. The rating is based on theRead more

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  • Home
  • About ECRL
    • Our Vision, Mission & Goal
    • Board of Directors
    • Committee
      • Rating Committee
      • Risk Management Committee
    • Regulators and Affiliations
    • Code of Conduct
      • ECRL
      • ACRAA
      • IOSCO
    • Mile Stone
    • Fee Structure
    • FAQ
      • Rating Benefits
      • Detailed FAQ
  • The Team
    • Management Team
    • Rating Team
    • Business Development Team
  • Rating
    • Rating Service
    • Rating Process
    • Rating Methodology
    • Rating Symbol
    • Rating Reports
    • Rationale
    • Transition Matrix
    • Default Studies
    • Rating Discontinue List
    • Disclosure as per BSEC
    • Unsolicited Rating Policy
  • Research
    • Services
    • Data Bank
      • Primary Survey Data
      • Secondary Data
        • Bangladesh
        • International
    • Publications
      • Industry Analysis
      • ECRL Quarterly
      • Working Paper
      • Publication by Researchers
    • Projects
      • Ongoing
      • Accomplished
    • ECRL Thought
    • Blog
  • Media Center
    • Downloads
    • News & Events
  • Monthly Magazine
  • Career
    • Business Development Senior Manager/Manager
    • Assistant Vice President
    • Recovery Officer
    • Department Head- Research & Consultancy
    • Senior Officer- Content & Communication
    • Research Analyst
Emerging Credit Rating Ltd