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Home Articles posted by ecrl-admin (Page 3)

ECRL has affirmed AA+ (Pronounced as Double A Plus) long term credit rating and ST-1 short term credit rating with a Stable outlook to Eskayef Pharmaceuticals Limited. The rating is valid from March 17, 2026 to March 16, 2027.

By ecrl-admin | Rationale | 0 comment | 17 March, 2026 | 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 ratings are consistent with ECRL’s methodology for this type of company. The rating is based on the audited financial statementsRead more

ECRL affirmed BBB long term credit rating and ST-3 short term credit rating with a Stable outlook to Ranks Telecom Limited. The rating is valid from February 13, 2026 to February 12, 2027.

By ecrl-admin | Rationale | 0 comment | 13 February, 2026 | 0

Emerging Credit Rating Limited (ECRL) affirmed BBB (Pronounced as Triple B) long term credit rating and ST-3 short term credit rating to Ranks Telecom Limited. The outlook of the rating is Stable. The company is engaged as an operator of International Gateway Services (IGW) in Bangladesh. The ratings are consistent with ECRL’s methodology for thisRead more

ECRL has affirmed BB+ long term credit rating and ST-4 short-term credit rating with a Developing outlook to Bay Leasing & Investment Limited. The rating is valid from February 09, 2026 to February 08, 2027.

By ecrl-admin | Rationale | 0 comment | 9 February, 2026 | 0

Emerging Credit Rating Limited (ECRL) has affirmed BB+ (Pronounced as “Double B Plus”) long term credit rating and ST-4 short-term credit rating to Bay Leasing & Investment Limited based on unaudited financial statements of FY2025, audited financial statements of FY2022-FY2024 and other available quantitative and qualitative information up to the date of rating declaration. TheRead more

ECRL has affirmed AAA long term credit rating and ST-1 short term credit rating with a Stable outlook to Quality Feeds Limited. The rating is valid from January 01, 2026 to December 31, 2026.

By ecrl-admin | Rationale | 0 comment | 1 January, 2026 | 0

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 ratings are consistent with ECRL’s rating methodology for this type of company. Quality Feeds Limited specializes in the production of diverseRead more

Happy New Year 2026 Celebrated at ECRL

By ecrl-admin | General News Blog Post | 0 comment | 1 January, 2026 | 2

Emerging Credit Rating Ltd. (ECRL) joyfully celebrated the arrival of Happy New Year 2026 at its office premises in a warm and festive atmosphere. The celebration included a ceremonial cake-cutting session followed by a lunch gathering, where colleagues shared moments of joy and togetherness. The occasion reflected team spirit, positivity, and renewed commitment as ECRLRead more

ECRL has assigned BBB+ long term credit rating and ST-3 short term credit rating along with a Stable outlook to United Healthcare Services Ltd.

By ecrl-admin | Rationale | 0 comment | 30 December, 2025 | 0

Emerging Credit Rating Limited has assigned the long-term rating BBB+ (Pronounced as triple B plus) and short-term rating ST-3 for United Healthcare Services Ltd. The outlook of the rating is Stable. The ratings are based on the audited financial statement from FY2023 to 2025 and management information as well as other qualitative and quantitative factorsRead more

ECRL has assigned A long term credit rating and ST-2 short term credit rating along with a Stable outlook to Islami Bank Bangladesh PLC.

By ecrl-admin | Rationale | 0 comment | 29 December, 2025 | 0

Emerging Credit Rating Limited (ECRL) has assigned A (Pronounced as “Single A”) long term credit rating and ST-2 short term credit rating along with a Stable outlook to Islami Bank Bangladesh PLC., with validity till July 05, 2026. The rating is based on audited financial statements up to December 31, 2024, unaudited financial statements ofRead more

ECRL has assigned AAA long term credit rating and ST-1 short term rating to Bangladesh Submarine Cables PLC. The outlook of the rating is Stable. The rating is valid from December 07, 2025 to December 06, 2026.

By ecrl-admin | Rationale | 0 comment | 7 December, 2025 | 0

Emerging Credit Rating Limited (ECRL) has assigned AAA (Pronounced as Triple A) long term credit rating and ST-1 short term rating to Bangladesh Submarine Cables PLC. The outlook of the rating is Stable. Bangladesh Submarine Cables PLC provides high capacity international internet and data connectivity services. The ratings are consistent with ECRL’s methodology for thisRead more

ECRL has assigned A- long term credit rating and ST-2 short term credit rating along with a Stable outlook to Kiam Glassware Industries Limited.

By ecrl-admin | Rationale | 0 comment | 1 December, 2025 | 0

Emerging Credit Rating Limited (hereinafter referred as ‘ECRL’) has assigned A- (pronounced as ‘A Minus’) long term credit rating and ST-2 short term credit rating to Kiam Glassware Industries Limited. The outlook on the rating is Stable. The rating is based on projected financial statements and other relevant qualitative and quantitative information up to theRead more

ECRL has assigned BBB- long term credit rating and ST-3 short term credit rating to Titas Knitwear Limited. The outlook of the rating is Stable. The rating is valid from December 1, 2025 to November 30, 2026.

By ecrl-admin | Rationale | 0 comment | 1 December, 2025 | 0

Emerging Credit Rating Limited (ECRL) has assigned BBB- (Pronounced as triple B minus) long term credit rating and ST-3 short term credit rating to Titas Knitwear Limited. The outlook of 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 financialRead more

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  • Home
  • About ECRL
    • Our Vision, Mission & Goal
    • 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
  • Career
    • Business Development Senior Manager/Manager
    • Assistant Vice President
    • Department Head- Research & Consultancy
    • Senior Officer- Content & Communication
    • Research Analyst
Emerging Credit Rating Ltd