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Emerging Credit Rating Limited (ECRL) has upgraded A (Pronounced as ‘Single A’) long-term credit rating and affirmed ST-2 short-term credit rating to ACME Consumer Products Ltd. The outlook on the rating is Stable. The ratings are consistent with ECRL’s rating methodology for this type of company. The rating is based on the audited financial statementRead more

Emerging Credit Rating Limited (ECRL) has affirmed ESME-3 credit rating to M/S Jerin Enterprise. The outlook of the rating is Stable. The rating is consistent with ECRL’s methodology for this type of business. ECRL considered financial strength, scale of business, proprietor’s experience and prospect of the industry while assigning the rating. The rating is basedRead more

Emerging Credit Rating Limited (ECRL) has upgraded BBB+ (Pronounced as triple B Plus) long term credit rating and affirmed ST-3 short term credit rating to Sonia Fine Knit Limited. The outlook of the rating is Stable. Sonia Fine Knit Limited is an export-oriented sweater producing factory, which manufactures men’s, women’s and children’s sweaters from variousRead more

Emerging Credit Rating Limited (ECRL) has affirmed ESME-3 credit rating to Bondhu Motors. The outlook of the rating is Stable. The rating is consistent with ECRL’s methodology for this type of business. ECRL considered financial strength, scale of business, proprietor’s experience and prospect of the industry while assigning the rating. The rating is based onRead more

Emerging Credit Rating Limited (ECRL) has assigned BBB+ (Pronounced as Triple B Plus) long term rating and ST-3 short term rating to Japan Bangladesh Friendship Medical Services Ltd. The outlook on the rating is Stable. The rating is consistent with ECRL’s methodology for this type of company. Japan Bangladesh Friendship Medical Services Ltd., a privateRead more

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 Bank Alfalah Limited (Bangladesh Operations) based on audited financials of FY2022-2025, and other available information up to the date of rating declaration. The outlook on the rating is Stable. The ratingsRead more

Emerging Credit Rating Limited (ECRL) has affirmed ESME-3 credit rating to M/S Arfin Fashion. The outlook of the rating is Stable. The rating is consistent with ECRL’s methodology for this type of business. ECRL considered financial strength, scale of business, proprietor’s experience and prospect of the industry while assigning the rating. The rating is basedRead more

Emerging Credit Rating Limited (ECRL) has affirmed ESME-3 credit rating to M/S G S Furniture. The outlook of the rating is Stable. The rating is consistent with ECRL’s methodology for this type of business. ECRL considered financial strength, scale of business, proprietor’s experience and prospect of the industry while assigning the rating. The rating isRead more

Welcome to the latest issue of the ECRL Monthly Economic and Business Review, where we explore a sector undergoing a quiet yet profound transformation the furniture and interior solutions industry of Bangladesh. Positioned at the crossroads of industrial capability, changing consumer lifestyles, and emerging export potential, this industry reflects the broader evolution of the country’sRead more

Emerging Credit Rating Limited (ECRL) has downgraded long term credit rating to A+ (Pronounced as Single A Plus) and short term credit rating to ST-3 for Singer Bangladesh Limited. The outlook on the rating is Stable. The rating is consistent with ECRL’s methodology for this type of company. Singer Bangladesh Limited (SBL) is a well-knownRead more