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Emerging Credit Rating Limited (hereafter referred to as ‘ECRL’) has affirmed ST-3 short term credit rating to Larsen Chemical Industries (Pvt.) Ltd. ECRL has upgraded to equivalent long term entity rating of BBB+ (Pronounced as Triple B plus). The outlook of the rating is Stable.The ratings are consistent with ECRL’s methodology for this type ofRead more

Emerging Credit Rating Limited (‘ECRL’) has affirmed BB- (Pronounced as double B minus) long term credit rating and ST-4 short term credit rating to the M/S S & S Poultry Farms.The outlook on the rating is Stable.. The ratings are consistent with ECRL’s corporate debt methodology for this type of corporate debt rating. The ratingRead 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 Walton Hi-Tech Industries PLC. . The outlook on the rating is Stable.The rating is based on the audited financial statements from FY2020 to FY2023 and 1st quarter unaudited interim financial statements ofRead more

Emerging Credit Rating Limited (ECRL) has affirmed AA- (Pronounced as double A minus) long term credit rating and ST-2 short term credit rating to Rancon Motor Bikes Limited . The outlook on the rating is Stable. The rating is based on audited financial statements of FY2020-2023 in addition to other relevant qualitative and quantitative informationRead more

Emerging Credit Rating Limited (hereafter referred to as ‘ECRL’) has affirmed AA+ (pronounced as Double A plus) long term credit rating and ST-1 short term credit rating to the Eastern Housing Limited .The outlook of the rating is Stable. . The rating is based on audited financial statements from FY2020-FY2023 and other up to dateRead more

Emerging Credit Rating Limited (ECRL) has affirmed AA-B (Pronounced as ‘Double A Minus Bond’) long term credit rating to Southeast Bank PLC.’s Subordinated Floating Rate Bond BDT 5,000 Million (hereinafter referred to as “The Subordinated Bond” or “The Bond” or “The Issue”). The outlook on the rating is Stable. The rating is consistent with ECRL’sRead 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 United Power Generation & Distribution Company Ltd . The outlook of the rating is Stable.The rating is based on audited financial statements of FY2020 to FY2023 and other relevant qualitative and quantitativeRead more

Emerging Credit Rating Limited (ECRL) has affirmed AID (Pronounced as “Single A Islamic Debt”) long term credit rating to First Security Islami Bank Limited’s (FSIBL) Third Mudaraba Subordinated Bond (hereinafter referred to as “The Subordinated Bond” or “The Issue”) issuance of BDT 7,000.00 million in nominal value. The outlook on the rating is Stable. TheRead more

Emerging Credit Rating Limited (ECRL) has assigned AA+B (Pronounced as Double A Plus Bond) long term credit rating to IDLC Zero Coupon Bond (hereinafter referred to as “The Zero Coupon Bond” or “The Bond” or “The Issue”) issuance up to BDT 5,000.00 million in face value. The outlook on the rating is Stable.Read more

Emerging Credit Rating Limited (hereinafter referred to as ECRL) has affirmed BBB- (Pronounced as triple B minus) long term credit rating and ST- 3 short term rating to BD Thai Food & Beverage Limited (from here on referred to as BDTFBL or ‘The Company’). The outlook on the rating is Stable. The rating is basedRead more