Blog

Emerging Credit Rating Limited (ECRL) has assigned AA-B (Pronounced as Double A minus Bond) as Long Term Credit Rating to SAJIDA 2nd Zero-Coupon Bond of BDT 3,000 Million face value for SAJIDA Foundation (SAJIDA). The outlook on the rating is Stable. The rating is consistent with ECRL’s methodology for this type of non-profit organization andRead more

Emerging Credit Rating Limited (ECRL) has affirmed ESME-3 credit rating to M/S Tripegate (hereinafter referred to as ‘The concern’). The outlook of the rating is Stable. The rating is consistent with ECRL’s methodology for this type of concern. The rating is based on the information received from the bank and the client, along with otherRead 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, 2022, half yearly unaudited financial statements (Jan to June) ofRead more

Emerging Credit Rating Limited (ECRL) has affirmed AA-B (Pronounced as Double A Minus Bond) long term credit rating to ONE Bank Limited’s (OBL) 4th Subordinated Bond (hereinafter referred to as “The Subordinated Bond” or “The Bond” or “The Issue”) issuance of BDT 4,000.00 million in face value. The outlook on the rating is Stable.Read more

Emerging Credit Rating Limited (ECRL) has affirmed ST-3 short term credit rating to Masro Printing & Packaging Ltd. (From here on referred to as “MPPL” or “Company”) for Islami Bank Bangladesh Limited’s working capital investment. Although the firm does not have long term loan, ECRL has also affirmed an equivalent long term entity rating toRead more

Emerging Credit Rating Limited (from here on referred as “ECRL”) has affirmed long term credit rating BBB (Pronounced as Triple B) and ST-3 short term credit rating to Transcom Foods Ltd (from here on referred as “The Company” or “TFL”). The outlook of the rating is Stable. The aforesaid rating is aligned with ECRL’s EntityRead more

Emerging Credit Rating Limited (ECRL) has affirmed AA-B (Pronounced as ‘Double A Minus Bond’) long term credit rating to United Commercial Bank PLC’s (UCBL) Fourth Subordinated Bond (hereinafter referred to as “The Subordinated Bond” or “The Bond” or “The Issue”) issuance of BDT 8,000.00 million in face value. The outlook on the rating is Stable.Read more

Emerging Credit Rating Limited (ECRL) has affirmed ESME-3 credit rating to M/S Bismillah Ceramic and Electric (hereinafter referred to as ‘the concern’). The outlook of the rating is Stable. The rating is consistent with ECRL’s methodology for this type of business. The rating is based on the information received from the bank and the client,Read more

Emerging Credit Rating Limited (ECRL) has affirmed BBB- (pronounced as ‘Triple B’ minus) long term credit rating and ST-3 short term credit rating to Crown Easywear Ltd. (hereinafter referred to as ‘the company’ or ‘CEL’). The outlook of the rating is Stable. The ratings are based on the audited financial statements for FY2019-2022 and otherRead more

Emerging Credit Rating Limited (ECRL) has upgraded to AA- (Pronounced as double A minus) long term credit rating and affirmed ST-2 short term credit rating to ADN Telecom Limited (Hereafter referred to as ‘ADNTel’ or ‘the company’). The outlook on the rating is Stable. The rating is based on the audited financial statements of FY2020Read more