Blog

Emerging Credit Rating Limited (ECRL) has assigned a BBB (pronounced ‘Triple B’) long-term credit rating and an ST-3 short-term rating to Deloitte Bangladesh Ltd. The rating is based on the audited financials from FY2020-FY2023, unaudited financials for FY2024, a 5-year financial projection, and various qualitative and quantitative factors. The outlook on the rating is stable.Read more

Emerging Credit Rating Limited (ECRL) has affirmed A- (pronounced as ‘A Minus’) long term credit rating and ST-2 short term credit rating to Meditex Knitwear Limited, based on the audited financial statements of FY2020-FY2023 and other relevant qualitative and quantitative information up to the date of rating. The outlook of the rating is Stable.Read more

The cosmetic industry in Bangladesh is witnessing significant growth, driven by rising consumer awareness and changing lifestyles influenced by social media and celebrity culture. In 2023, the market for toiletries and cosmetic products was valued at approximately BDT 25,000 crore, with an annual growth rate of 3.48% projected from 2024 to 2028. This growth isRead more

Emerging Credit Rating Limited (ECRL) has affirmed ESME-3 credit rating to M/S Halim Pharmacy. The outlook of the rating is Stable.The rating is based on the received information from the respective bank and concern, along with other relevant quantitative and qualitative information available till the date of rating.Read more

Emerging Credit Rating Limited (ECRL) has affirmed ESME-3 credit rating to M/S Farid Bricks. The outlook of the rating is Stable.The rating is based on the received information from the respective bank and concern, along with other relevant quantitative and qualitative information available till the date of rating.Read more

Emerging Credit Rating Limited (ECRL) has assigned ESME-3 credit rating to M/S. Fazlu Hardware. The outlook of the rating is Stable.The rating is based on the received information from the respective bank and concern, along with other relevant quantitative and qualitative information available till the date of rating.Read more

Emerging Credit Rating Limited (ECRL) has downgraded the BBB+ (pronounced ‘Triple B Plus’) long-term credit rating and ST-3 short-term credit rating of Dhaka Bank Securities Limited (DBSL). The rating is based on the audited financial statements for FY2020-FY2023 and other relevant qualitative and quantitative data available up to the date of the rating. The outlookRead more

Emerging Credit Rating Limited (ECRL) has affirmed A- (Pronounced as A Minus) long term credit rating and ST-2 short term credit rating to ACME Consumer Products Ltd. The outlook on the rating is Stable.Read more

Emerging Credit Rating Limited (ECRL) has affirmed ESME-3 credit rating to M/S Akota Enterprise. The outlook of the rating is Stable.Read more

Emerging Credit Rating Limited (ECRL) has assigned ESME-3 credit rating to Hakim Chaul Bhander. The outlook of the rating is Stable.Read more