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Blog

Home Articles posted by ecrl-admin (Page 26)

ECRL affirmed AA+ (Pronounced as Double A Plus) and ST-1 with a Stable outlook to Eskayef Pharmaceuticals Limited.

By ecrl-admin | Rationale | 0 comment | 10 April, 2023 | 0

Emerging Credit Rating Limited (ECRL) has affirmed AA+ (Pronounced as Double A Plus) long term credit rating and ST-1 short term credit rating to Eskayef Pharmaceuticals Limited. The outlook of the rating is Stable. The rating is based on the audited financial statements for FY2019-2022 and other relevant qualitative and quantitative information up to theRead more

ECRL assigned BBB+B (Pronounced as Triple B Plus Bond) with a Stable outlook to Summit Towers Limited’s BDT 600.00 Million Zero Coupon Bond

By ecrl-admin | Rationale | 0 comment | 9 April, 2023 | 0

Emerging Credit Rating Limited (ECRL) has assigned long term rating BBB+B (Pronounced as Triple B Plus) to Summit Towers Limited’s BDT 600.00 Million Zero Coupon Bond. The outlook on the rating is Stable. The rating is based on audited financial statements for FY2021-2022, and six months audited financial statements for FY2023 (July 2022-December 2022), andRead more

ECRL upgraded AA- (Pronounced as ‘Double A Minus’) and affirmed ST-2 with a Stable outlook to Community Bank Bangladesh Limited

By ecrl-admin | Rationale | 0 comment | 3 April, 2023 | 0

Emerging Credit Rating Limited (ECRL) has upgraded the long term credit rating to AA- (Pronounced as ‘Double A Minus’) and affirmed ST-2 short term credit rating to Community Bank Bangladesh Limited based on the audited financials of FY2019-FY2022 and other available information up to the date of rating declaration. The outlook on the rating isRead more

ECRL affirmed A (Pronounced as Single A) and ST-2 with a Stable outlook to United Payra Power Limited (UPPL).

By ecrl-admin | Rationale | 0 comment | 3 April, 2023 | 0

Emerging Credit Rating Limited (ECRL) has affirmed long term credit rating to A (Pronounced as Single A) and ST-2 short term credit rating to United Payra Power Limited (UPPL). The outlook of the rating is Stable. The rating is based on audited financial of FY 2021-FY2022, project profile, bank information and other relevant qualitative alongRead more

ECRL assigned BBB (Pronounced as Triple B) and ST-3 with a Stable outlook to Adury Fashion & Print Ltd

By ecrl-admin | Rationale | 0 comment | 3 April, 2023 | 0

Emerging Credit Rating Limited (ECRL) has assigned BBB (Pronounced as Triple B) as long term credit rating and ST-3 as short term credit rating to Adury Fashion & Print Ltd. The outlook on the rating is Stable. The rating is based on unaudited financial statements from FY2019-FY2020, audited financial statements from FY2021-FY2022 and other qualitativeRead more

ECRL assigned A (Pronounced as single ‘A’) and ST-2 with a Stable outlook to Paragon Ceramic Industries Limited

By ecrl-admin | Rationale | 0 comment | 2 April, 2023 | 0

Emerging Credit Rating Limited has assigned A (Pronounced as ‘Single A’) long term credit rating and ST-2 short term credit rating to Paragon Ceramic Industries Limited. The outlook of the rating is Stable. The rating is based on audited financial statement of FY2020-FY2022 and other qualitative information up to the rating report date.Read more

ECRL affirmed A (Pronounced as single ‘A’) and ST-2 with a Stable outlook to Armana Apparels Limited

By ecrl-admin | Rationale | 0 comment | 30 March, 2023 | 0

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

ECRL assigned BBB (Pronounced as Triple B) and ST-3 with a Stable outlook to Denitex Limited

By ecrl-admin | Rationale | 0 comment | 30 March, 2023 | 0

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

ECRL affirmed A+ (Pronounced as A plus) and ST-2 with a Stable outlook to Flora Telecom Limited

By ecrl-admin | Rationale | 0 comment | 30 March, 2023 | 0

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

ECRL assigned BBB+ (Pronounced as Triple B plus) and ST-3 with a Stable outlook to Raya Spinning Mills Limited.

By ecrl-admin | Rationale | 0 comment | 30 March, 2023 | 0

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

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  • Home
  • About ECRL
    • Our Vision, Mission & Goal
    • Board of Directors
    • Committee
      • Rating Committee
      • Risk Management Committee
    • Regulators and Affiliations
    • Code of Conduct
      • ECRL
      • ACRAA
      • IOSCO
    • Mile Stone
    • Corporate Profile
    • Fee Structure
    • FAQ
      • Rating Benefits
      • Detailed FAQ
  • The Team
    • Management Team
    • Rating Team
    • Business Development Team
  • Rating
    • Rating Service
    • Rating Process
    • Rating Methodology
    • Rating Symbol
    • Rating Reports
    • Rationale
    • Transition Matrix
    • Default Studies
    • Rating Discontinue List
    • Disclosure as per BSEC
    • Unsolicited Rating Policy
  • Research
    • Research Team
    • Services
    • Data Bank
      • Primary Survey Data
      • Secondary Data
        • Bangladesh
        • International
    • Publications
      • Industry Analysis
      • ECRL Quarterly
      • Working Paper
      • Publication by Researchers
    • Projects
      • Ongoing
      • Accomplished
    • ECRL Thought
    • Blog
  • Media Center
    • Downloads
    • News & Events
  • Monthly Magazine
  • Contact Us
Emerging Credit Rating Ltd