Blog

Emerging Credit Rating Limited (ECRL) has affirmed A+ (Pronounced as single A plus) long term credit rating and ST-2 short term credit rating to Butterfly Manufacturing Co. Ltd. (From here on referred to as BMCL). The outlook on the rating is Stable. The ratings are consistent with ECRL’s methodology for this type of company. TheRead more

Emerging Credit Rating Limited (ECRL) has upgraded long term credit rating to A+ (Pronounced as single A plus) and affirmed ST-2 short term credit rating to Rangs Properties Limited (from here on referred to as ‘RPL’ or the company). The outlook on the rating is Stable.The rating is based on the audit report of FY2019Read more

Emerging Credit Rating Limited (ECRL) has affirmed the credit rating to A+ (Pronounced as ‘Single A Plus’) long term and affirmed ST-2 short term credit rating to NRB Commercial Bank Limited (hereinafter referred to as ‘NRBCBL’ or ‘The Bank’) based on audited financials of FY2019-FY2022 and other available information up to the date of ratingRead 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 IDLC Finance Limited (From here on referred to as ‘IDLCFL’ or ‘the FI’) based on audited financial statements up to December 31, 2022 and other available quantitative and qualitative information up toRead more

Emerging Credit Rating Limited (ECRL) has affirmed A+ (Pronounced as Single ‘A’ plus) long term credit rating and ST-2 short term credit rating to Walton Digi-Tech Industries Limited (hereinafter referred as ‘the company’ or ’WDIL’’). The outlook on the rating is Stable. The rating is based on the audited financial statements from FY2019-FY2022 and otherRead more

Emerging Credit Rating Limited (ECRL) has assigned A- (Pronounced as Single A Minus) long term credit rating and ST-2 short term credit rating to Midland Power Co. Ltd (MPCL). The outlook of the rating is Stable. T The rating is based on audited financial of FY 2019-FY2022, bank information and other relevant qualitative along withRead more

Emerging Credit Rating Limited (ECRL) has assigned ST-2 as short term credit rating to Quality Breeders Ltd . ECRL has assigned an equivalent long term entity rating of A+ (Pronounced as Single A plus). The outlook of the rating is Stable. The rating is based on audited financial statement from FY 2019-2022, bank information, andRead 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 Amber IT Limited (hereinafter referred to as ‘AITL’ or ‘Company’ or ‘Concern’ or ‘Entity’). The outlook on the rating is Stable. The ratings are based on audited financial statements of FY2019-2022,Read 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 Dhaka 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. ECRL considered financial performance, capitalRead more

Emerging Credit Rating Limited has affirmed long term credit rating A- (Pronounced as Single A Minus) and short term credit rating to ST-3 to Akhtar Furnishers Limited. The outlook of the ratings is Stable. The rating is based on audited financial statement from FY 2019 to FY 2022 (FYE: June), and other qualitative along withRead more