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Emerging Credit Rating Limited (from here on it will be mentioned as “ECRL”) has assigned A (Pronounced as Single A) as long term credit rating and ST-2 as short term credit rating to ONE Securities Limited (from here on referred to as “OSL” or “the company”). The outlook of the rating is Stable. The ratingsRead more

The Document Verification System (DVS) appears to be a game changer in ensuring corporate compliance in financial reporting as regulators are finding it effective in verifying the authenticity of audit reports and identifying irregularities, perhaps done by companies or audit firms. More Details – https://www.tbsnews.net/economy/fake-audits-no-more-software-assure-corporate-compliance-526290Read more

Emerging Credit Rating Limited (hereinafter referred to as “ECRL”) has affirmed AA+ (Pronounced as Double A Plus) long term rating and affirmed ST-1 short term rating to Transcom Beverages Limited (hereinafter referred to as “TBL” or “The Company”). The outlook of the rating is Stable. The rating is based on the audited financial statements fromRead more

Emerging Credit Rating Limited (ECRL) has affirmed BBB+ (Pronounced as “Triple B Plus”) long term credit rating and ST-3 short term credit rating to WATA Chemicals Limited (hereafter referred as “WCL” or “the company”). The outlook on the rating is Stable. The ratings are consistent with ECRL’s methodology for this type of company. The ratingRead more

Emerging Credit Rating Limited (ECRL) has upgraded ST-2 short term credit rating to Rancon Infrastructures & Engineering Limited (from now also referred as ‘RIEL’ or “the company”). Although the concern does not have long term credit facility, ECRL has upgraded an equivalent long term entity rating to A- (Pronounced as A Minus) for Rancon InfrastructuresRead more

Emerging Credit Rating Limited (ECRL) has affirmed A+ (Pronounced as A plus) long term credit rating and ST-2 short term credit rating to ADN Telecom Limited. ADN Telecom Limited is a telecommunication and IT service provider in Bangladesh. The company received permission for BSEC for IPO and raised BDT 570.00 million in 2019. The proceedsRead 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 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-known consumer electronics brandRead more

Emerging Credit Rating Limited (ECRL) has affirmed A (Pronounced as Single A) long term credit rating to Islamic Finance and Investment Limited’s Mudaraba Non-Convertible Fully Redeemable Subordinated Bond issuance up to BDT 3,000.00 million in face value. The outlook on the rating is Stable. The rating is consistent with ECRL’s methodology for this type ofRead 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 IPDC Finance Limited (From here on referred to as ‘IPDC’ or ‘the FI’) based on audited financial statements up to December 31, 2021, half yearly unaudited financial statements (Jan to June) ofRead 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 Islamic Finance and Investment Limited based on audited financial statements up to December 31, 2021, six (06) months unaudited financials ended on June 30, 2022 and June 30, 2021 and otherRead more