Blog

Emerging Credit Rating Limited (ECRL) has downgraded long term credit rating to BBB (Pronounced as “Triple B”) and affirmed ST-3 short term credit rating to IFIC Bank PLC based on audited financials of FY2022-2025 and other available information up to the date of rating declaration. The outlook on the rating is Stable. The ratings areRead 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 IPDC Finance PLC. based on audited financial statements up to December 31, 2025 and other available quantitative and qualitative information up to the date of rating. The outlook on the rating isRead more

Emerging Credit Rating Limited (ECRL) has upgraded long term rating to AAA (Pronounced as ‘Triple A’) and ST-1 short term credit rating to United Finance PLC. based on audited financial statements up to FY2025 and other available information up to the date of rating declaration. The outlook on the rating is Stable. The ratings areRead more

Emerging Credit Rating Limited (ECRL) has affirmed AA-B (Pronounced as ‘Double A Minus 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. The rating is consistent with ECRL’s methodology for this type of bond rating. ECRL considered financial performance,Read more

Emerging Credit Rating Limited (ECRL) has affirmed A+ (Pronounced as ‘Single A plus’) long-term credit rating and ST-3 short-term credit rating to NRBC Bank PLC. based on audited financials of FY2022-FY2025 and other available information up to the date of rating declaration. The outlook on the rating is Stable. The rating is valid from JuneRead more

Emerging Credit Rating Limited has affirmed ST-2 short term credit rating to Walton Plaza. Although the firm does not have long term loan facility, ECRL has assigned an equivalent long-term credit rating of A+ (pronounced as ‘Single A Plus’). The outlook on the rating is Stable. Walton Plaza is engaged in the trading of mobileRead more

Emerging Credit Rating Limited (ECRL) has upgraded A (Pronounced as ‘Single A’) long-term credit rating and affirmed ST-2 short-term credit rating to ACME Consumer Products 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 the audited financial statementRead more

Emerging Credit Rating Limited (ECRL) has affirmed ESME-3 credit rating to M/S Jerin Enterprise. 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

Emerging Credit Rating Limited (ECRL) has upgraded BBB+ (Pronounced as triple B Plus) long term credit rating and affirmed ST-3 short term credit rating to Sonia Fine Knit Limited. The outlook of the rating is Stable. Sonia Fine Knit Limited is an export-oriented sweater producing factory, which manufactures men’s, women’s and children’s sweaters from variousRead more

Emerging Credit Rating Limited (ECRL) has affirmed ESME-3 credit rating to Bondhu Motors. 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 based onRead more