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Emerging Credit Rating Limited (ECRL) has downgraded long term credit rating to A- (Pronounced as Single A Minus) and affirmed ST-3 short term credit rating to Khulna Power Company Ltd. (KPCL). The outlook of the rating is Stable. The rating is based on audited financial statements of FY2020 to FY2023, unaudited financial statements of 1stRead more

Emerging Credit Rating Limited (ECRL) has affirmed A (Pronounced as Single A) long term credit rating and ST-2 short term credit rating to B-Trac Engineering Ltd . The outlook on the rating is Stable. The rating is based on the audited financial statement of FY2020-FY2023 and other relevant quantitative and qualitative information available till theRead more

Emerging Credit Rating Ltd. (ECRL) has upgraded to A (Pronounced as Single A) long-term credit rating and affirmed ST-2 short-term credit rating to Otto Spinning Ltd. The outlook on the rating is Stable. The rating is based on the audited financial statement from FY2020-2022, unaudited financial statement from FY2023 along with other qualitative and quantitativeRead more

Emerging Credit Rating Limited (hereinafter referred to as ECRL) has upgraded AA- (Pronounced as Double A minus) long term rating and affirmed ST-2 short term rating to Shinepukur Ceramics Limited . The outlook of the rating is Stable.The rating is based on the audited financial statements from FY2020-FY2023, and Unaudited quarterly financial statements for July-SeptemberRead more

Emerging Credit Rating Limited (ECRL) has affirmed long term rating of A (pronounced as Single A) and affirmed ST-2 short term credit rating to Urmi Garments Limited The outlook of the rating is Stable. The rating is based on audited financial statements of FY2020, FY2022, and FY2023, unaudited financial statement of FY2021 and with otherRead more

Emerging Credit Rating Limited (ECRL) has affirmed ESME-3 credit rating to M/S Eastern Sanitary. 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 Abedin Enterprise. The outlook of the rating is Stable. The rating is consistent with ECRL’s methodology for this type of business. The rating takes into account the business profile, past record and trend of operating performance, working capital and balance sheet strength andRead more

Emerging Credit Rating Limited (ECRL) has affirmed AA (Pronounced as Double A) long term credit rating and ST-2 short term credit rating to BDCOM Online Limited. The outlook of the rating is Stable. The ratings are consistent with ECRL’s methodology for this type rating. The ratings are based on audited financial statements of FY2020-2023, andRead more

Emerging Credit Rating Limited (ECRL) has downgraded the long-term credit rating to B+ (pronounced ‘Single B Plus’) and the short-term credit rating to ST-5 for Padma Bank PLC. The rating is based on audited financials for FY2020-FY2023, unaudited financial statements up to June 30, 2024, and other relevant information available up to the date ofRead more

Emerging Credit Rating Limited (hereafter referred to as ‘ECRL’) has affirmed ST-3 short term credit rating to Trade Intercontinental. ECRL also assigned an equivalent long term entity rating of BBB- (Pronounced as Triple B Minus). The outlook of the rating is Stable. The ratings are consistent with ECRL’s corporate debt rating methodology for this typeRead more