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Emerging Credit Rating Limited (hereinafter referred as ‘ECRL’) has upgraded to A+ (Pronounced as single A plus) long term credit rating and affirmed to ST-2 short term credit rating to Edison Footwear Limited (herein referred to as ‘EFL’ or ‘the Company’). The outlook on the rating is Stable. The ratings are consistent with ECRL’s methodologyRead more

Emerging Credit Rating Limited (ECRL) has assigned ESME-3 credit rating to Janani One To Ninety Nine Plus. 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. TheRead more

Emerging Credit Rating Limited (ECRL) has assigned BBB (Pronounced as Triple B) long term credit rating and ST-3 short term credit rating to Grand Bengal Hotel Ltd (from here on referred to as ‘GBHL’ or ‘the company’ or ‘the project’ or ‘the hotel’). The outlook of the rating is Stable.Read more

Emerging Credit Rating Limited (hereinafter referred to as ECRL) has assigned BBB (pronounced as ‘Triple B’) long term credit rating and ST-3 short term credit rating to Bandbox Limited (hereinafter referred to as ‘the company’ or ‘BL’). The outlook of the rating is Stable. The rating is based on the audited financial statement of FY2019-FY2022Read more

Emerging Credit Rating Limited (ECRL) has affirmed ESME-3 credit rating to Gallery Tex Limited. 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, Managing Director’s experience and prospect of the industry while assigning the rating. The rating isRead more

Emerging Credit Rating Limited (ECRL) has assigned ESME-3 credit rating to M/S Pingki Traders (hereinafter referred to as the ‘concern’) for Rajshahi Krishi Unnayan Bank Limited’s total proposed loan limit of BDT 13.00 million. The outlook of the rating is Stable. The rating is consistent with ECRL’s methodology for this type of business.Read more

Emerging Credit Rating Limited (hereinafter referred to as ECRL) has assigned BBB+ (Pronounced as Triple B Plus) long term credit rating and ST-3 short term rating credit rating to Team Accessories Limited (from hereinafter referred to as ‘TAL’ or ‘The Company’). The outlook of the rating is Stable. The rating is consistent with ECRL’s ratingRead more

Emerging Credit Rating Limited (ECRL) has assigned AA-B (Pronounced as Double A minus Bond) as Long Term Credit Rating to SAJIDA 2nd Zero-Coupon Bond of BDT 3,000 Million face value for SAJIDA Foundation (SAJIDA). The outlook on the rating is Stable. The rating is consistent with ECRL’s methodology for this type of non-profit organization andRead more

Emerging Credit Rating Limited (ECRL) has affirmed ESME-3 credit rating to M/S Tripegate (hereinafter referred to as ‘The concern’). The outlook of the rating is Stable. The rating is consistent with ECRL’s methodology for this type of concern. The rating is based on the information received from the bank and the client, along with otherRead 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 Limited (From here on referred to as ‘IPDC’ or ‘the FI’) based on audited financial statements up to December 31, 2022, half yearly unaudited financial statements (Jan to June) ofRead more