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Emerging Credit Rating Limited (hereinafter referred as ‘ECRL’) has affirmed A (Pronounced as single ‘A’) long term credit rating and ST-2 short term credit rating to Armana Apparels Limited (hereinafter referred as ‘AAL’ or ‘The Company’). The outlook on the rating is Stable. The rating is based on unaudited financial statements of FY2019, audited financialRead 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 Denitex Limited (hereafter referred to as ‘DTXL’ or ‘the company’). The outlook of the rating is Stable. The rating is based on the audited financial statements of FY 2019 to FY 2022Read more

Emerging Credit Rating Limited (hereinafter referred to as ‘ECRL’) has affirmed long term credit rating to A+ (pronounced as ‘A Plus’) and ST-2 short term credit rating to Flora Telecom Limited. The outlook on the rating is Stable. The rating is based on audited financial statements of FY2020-21, unaudited financial statement of FY2022, relevant quantitativeRead more

Emerging Credit Rating Limited (ECRL) has assigned BBB+ (Pronounced as Triple B plus) long term credit rating and ST-3 short term credit rating to Raya Spinning Mills Limited. The outlook of the rating is Stable. The rating is based on audited financial statements of FY 2020-2022, bank information and other up to date relevant qualitativeRead more

Emerging Credit Rating Limited (ECRL) has upgraded long term credit rating to AA- (Pronounced as double A minus) and affirmed ST-2 short term credit rating to the Rangs Limited. The outlook on the rating is Stable. The rating is based on the audited financial statements from FY2019 to FY2022 with other relevant information up toRead more

Emerging Credit Rating Limited (ECRL) has affirmed to A (Pronounced as Single A) long term credit rating and ST-3 short term credit rating to Banco Energy Generation Ltd. The outlook on the rating is Stable. The rating is based on the audited financial statement for FY2019-FY2022 along with other quantitative and qualitative aspects of theRead 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 Quality Feeds Limited. The outlook on the rating is Stable. The rating is based on audited financial statement of FY2019-2022 and other quantitative and qualitative factors.Read more

The Board of Directors of Emerging Credit Rating Limited promoted Mr. Arifur Rahman, FCCA, FCA, CSAA to the rank of Chief Executive Officer (CEO) of the company as on March 1st, 2023. Prior to this position, Mr. Rahman had been serving as Director and Chief Operating Officer (COO) of the company. Mr. Rahman is FellowRead more

Emerging Credit Rating Limited (ECRL) has affirmed A+ (Pronounced as A Plus) long term credit rating and ST-2 short term credit rating to Institute of Water Modelling (IWM). The outlook on the rating is Stable. The rating is based on the audited financial statements for FY2019-22 as well as other qualitative and quantitative information upRead more

Emerging Credit Rating Limited has upgraded to AA+ (pronounced as Double A plus) long term credit rating and upgraded short term credit rating to ST-1 to Shanta Holdings Limited. The outlook of the rating is Stable. The rating is based on audited financial statements from FY 2018 to FY 2022 and other up to dateRead more