Blog

Emerging Credit Rating Limited (ECRL) has affirmed AAA (Pronounced as Triple A) long term credit rating and ST-1 short term credit rating to Singer Bangladesh Limited. The outlook on the rating is Stable. ECRL considered financial performance, scale of business, management quality, operational quality, profitability and the prospect of the industry as well as auditedRead more

Emerging Credit Rating Limited (ECRL) has assigned ST-3 short term credit rating to K & C Alliance Ltd. ECRL has assigned an equivalent long term entity rating of BBB- (Pronounced as Triple B minus). The outlook on the rating is Stable. The rating is based on audited financial statements of FY2020-FY2021, unaudited financial statement ofRead more

Emerging Credit Rating Limited (from here on it will be mentioned as “ECRL”) has assigned A+ (Pronounced as single A plus) as long term credit rating and ST-2 as short term credit rating to EBL Securities Limited . The outlook of the rating is Stable. The rating is based on the audited financial statements fromRead more

Emerging Credit Rating Limited (ECRL) has assigned ST-2 short term credit rating to Charuta Private Limited. Although the company does not have long term loan facility, ECRL has assigned an equivalent long term entity rating of A+ (Pronounced as Single A Plus). The outlook on the rating is Stable. TThe rating is based on auditedRead more

Emerging Credit Rating Limited (hereafter referred to as ‘ECRL’) has affirmed A+ (Pronounced as single ‘A’) long term credit rating and ST-2 short term credit rating to the Bengal Plastic Pipes Limited. The outlook of the rating is Stable. The rating is based on unaudited financial statements of FY2019-FY2020, audited financials statements of FY2021-FY2022, bankRead more

Emerging Credit Rating Limited (hereinafter referred to as ‘ECRL’) has affirmed “A+” (pronounced as single A plus) long term rating and ST-2 short term rating to Labib Dyeing Mills Limited. The outlook of the rating is Stable. The rating is based on the audited financial statements of FY2019-22 in addition to other relevant qualitative andRead more

Emerging Credit Rating Limited (ECRL) has assigned ST-3 short term credit rating to Sheikh Cement Mills Limited (from here on referred to as “SCML” or “the company”). ECRL has also assigned the equivalent long term credit rating of BBB (Pronounced as Triple B). The outlook on the rating is Stable. The rating is based onRead more

Emerging Credit Rating Limited (ECRL) has upgraded long term credit rating to AA+ (Pronounced as ‘Double A Plus’) and affirmed ST-2 as short term credit rating to Shahjalal Islami Bank Limited (hereinafter referred to as ‘SJIBL’ or ‘The Bank’) based on audited financials of FY2019-2022 and other available information up to the date of ratingRead more

Emerging Credit Rating Limited (ECRL) has affirmed BBB (Pronounced as Triple B) long term credit rating and ST -3 short term credit rating for Anowar Tours & Travels Limited. The outlook of the rating is Stable. The rating is based on audited financial statements of FY2019-2022, qualitative and quantitative information up to the date ofRead more

Emerging Credit Rating Limited (from here on it will be mentioned as “ECRL”) has affirmed A (Pronounced as single A) as long term credit rating and affirmed ST-2 as short term credit rating to Green Delta Securities Limited. The outlook of the rating is Stable. The rating is based on the audited financial statements fromRead more