Blog

Emerging Credit Rating Limited (ECRL) has downgraded to A (Pronounced as single A) long term credit rating and ST-2 short term credit rating to Butterfly Manufacturing Co. Ltd.. The outlook on the rating is Stable. The rating is based on the audited financial statements from FY2020-FY2023 and other relevant information till date.Read more

Emerging Credit Rating Limited (ECRL) has upgraded long term credit rating to BBB (Pronounced as triple B) and affirmed ST-3 short term credit rating to Hamko Electric & Electronics Ltd. The outlook on the rating is Stable. The rating is based on the audited financial statements from FY2021-2023 and other relevant information up to theRead more

Emerging Credit Rating Limited (ECRL) has upgraded long term credit rating to A+ (Pronounced as Single A Plus) long term credit rating and affirmed ST-2 short term credit rating to United Payra Power Limited. The outlook of the rating is Stable.The rating is based on audited financial of FY 2021-FY2023, bank information and other relevantRead more

Emerging Credit Rating Limited (ECRL) has affirmed A (Pronounced as “Single A”) as Long-Term Credit Rating and affirmed to ST-2 as short-term credit rating to Development Initiative for Social Advancement . The outlook on the rating is Stable. The ratings are consistent with ECRL’s methodology for this type of non-profit organization. The ratings are basedRead more

Emerging Credit Rating Limited (ECRL) has affirmed ST-3 as short term credit rating to Huaxin Textile Industry Co. Ltd. ECRL has affirmed an equivalent long term entity rating of BBB- (Pronounced as Triple B minus). The outlook of the rating is Stable. The rating is based on audited financial statement of FY2021-FY2023, and other relevantRead 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 Micro-Tech Corporation (from here on referred to as ‘WMTC’ or ‘The Firm’). The outlook on the rating is Stable. The affirmed rating is based on the audited financial statements fromRead more

Emerging Credit Rating Limited (ECRL) affirmed BBB- (Pronounced as Triple B minus) long term credit rating and ST-3 short term credit rating to Ranks Telecom Limited. The outlook of the rating is Stable. The ratings are based on audited financial statements of FY2019-FY2023 and other relevant qualitative and quantitative information up to date of rating.Read more

Emerging Credit Rating Limited (ECRL) has affirmed ST-2 short term credit rating to Charuta Private Limited. ECRL has affirmed an equivalent long term entity rating of A+ (Pronounced as Single A Plus). The outlook on the rating is Stable. The rating is based on audited financial statements of FY2019-FY2023 and other relevant quantitative and qualitativeRead more

Emerging Credit Rating Limited (ECRL) has upgraded AAB (Pronounced as ‘Double A Bond’) long term credit rating to The City Bank Limited’s Third Subordinated Bond BDT 7,000 million (hereinafter referred to as “The Subordinated Bond” or “The Bond” or “The Issue”). The outlook of the rating is Stable. The rating is consistent with ECRL’s methodologyRead more

Emerging Credit Rating Limited (ECRL) has affirmed BBB (Pronounced as Triple B) long term credit rating and ST-3 short term credit rating to ADN Technologies Limited. The outlook on the rating is Stable. The rating is based on the audited financial statements of FY2021-FY2023 and other qualitative information up to the date of rating.Read more