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Emerging Credit Rating Limited (ECRL) has affirmed AA- (Pronounced as ‘Double A Minus Bond’) long term credit rating to United Commercial Bank PLC’s (UCB) Fifth Subordinated Bond issuance of BDT 10,000.00 million in face value based on audited financials up to FY2022 (from FY2019) and other available information up to the date of rating declaration.Read more

Emerging Credit Rating Limited (ECRL) has affirmed AA- (Pronounced as ‘Double A Minus Bond’) long term credit rating to Dhaka Bank Limited’s Third Subordinated Bond BDT 5,000 Million. The outlook on the rating is Stable. ECRL considered financial performance, capital base, asset quality, liquidity position, management experience and prospect of the industry while assigning theRead more

Emerging Credit Rating Limited (ECRL) has affirmed AA (Pronounced as Double A) long term credit rating and ST-2 short term credit rating to IFIC Bank PLC (hereinafter referred to as “IFIC Bank” or “The Bank”) based on audited financials of FY2019-2022 and other available information up to the date of rating declaration. The outlook onRead more

Emerging Credit Rating Limited (ECRL) has affirmed the long term credit rating to A (Pronounced as ‘Single A Bond’) for NRB Commercial Bank Limited’s Subordinated Bond II of BDT 5,000 million. The outlook on the rating is Stable. The rating is based on the audited financial statements of FY2019-FY2022 and other relevant information till date.Read more

Emerging Credit Rating Limited (ECRL) has affirmed the long term credit rating to A (Pronounced as ‘Single A Bond’) for NRB Commercial Bank Limited’s Subordinated Bond BDT 3,000 million. The outlook on the rating is Stable. The rating is consistent with ECRL’s methodology for this type of financial institutions and bond rating.Read 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 Minister Hi-Tech Park Electronics Limited. The outlook on the rating is Stable. The rating is based on audited financial statements of FY2019 to FY2022 (FYE: June) and other qualitative and quantitative informationRead more

Emerging Credit Rating Limited (hereafter referred to as ‘ECRL’) has downgraded the long-term credit rating to BB (Pronounced as ‘Double B’) and affirmed ST-4 short term credit rating to Global LPG Limited . The outlook of the rating is Stable. The rating is based on audited financial statement of FY2021-2022, projected financial statement of FY2023,Read more

Emerging Credit Rating Limited (ECRL) has upgraded long term credit rating to AA-B (Pronounced as ‘Double A Minus Bond’) for Bank Asia 1st Perpetual Bond (hereinafter referred to as “Perpetual Bond” or “The Bond” or “The Issue”) issuance BDT 5,000.00 million in face value. The outlook on the rating is Stable. The rating is consistentRead more

Emerging Credit Rating Limited (ECRL) has assigned AA- (Pronounced as Double A Minus Bond) long term credit rating to ONE Bank Subordinated Bond – V issuance of BDT 5,000.00 million in face value. The outlook on the rating is Stable. The rating is consistent with ECRL’s methodology for this type of Bond ratings.Read more

Emerging Credit Rating Limited (ECRL) has affirmed AA (Pronounced as Double A) long term credit rating and affirmed ST-2 short term credit rating to ONE Bank Limited based on audited financials of FY2019-FY2022 and other available information up to the date of rating declaration. The outlook on the rating is Stable.Read more