Emerging Credit Rating Limited assigned AA- (Pronounced as double A minus) long term rating and ST-1 short term rating to Akij Resources Ltd. The outlook on the rating is Stable. The rating is consistent with ECRL’s rating methodology for this type of company. Akij Resources Ltd. is the holding company for Akij Resources Ltd. TheRead more
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The Board of Directors of Emerging Credit Rating Limited (ECRL) are pleased to announce the appointment of Mr. Mohammed Salim FCMA as an Advisor to the company. A veteran of the Bangladeshi corporate sector, Mr. Salim brings a wealth of expertise to ECRL, having served on numerous illustrious boards throughout his distinguished career. He currentlyRead more
As Bangladesh accelerates its journey toward becoming a digitally empowered economy, few sectors carry as much strategic importance as telecommunications. Once viewed primarily as a provider of voice connectivity, the telecom industry has evolved into the backbone of commerce, innovation, financial inclusion, and digital transformation. In this issue of the ECRL Monthly Economic & BusinessRead 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 DBH 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 has upgraded long-term credit rating to A- (Pronounced as single A minus) and short-term credit rating to ST-2 to BRAC EPL Investments Limited. The outlook of the rating is Stable. The ratings are consistent with ECRL’s methodology for this type of company. The rating is based on the audited financial statementsRead 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 BRB Cable Industries Ltd. The outlook on the rating is Stable. BRB Cable Industries Ltd is the flagship business of BRB Group, a leading manufacturer of all kinds of electrical wires andRead more
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