Blog

Emerging Credit Rating Limited (hereafter referred to as ‘ECRL’) has downgraded the long-term credit rating to BB (Pronounced as ‘Double B’) and affirmed ST-4 short term credit rating to Global LPG Limited . The outlook of the rating is Stable. The rating is based on audited financial statement of FY2021-2022, projected financial statement of FY2023,Read more

Emerging Credit Rating Limited (ECRL) has upgraded long term credit rating to AA-B (Pronounced as ‘Double A Minus Bond’) for Bank Asia 1st Perpetual Bond (hereinafter referred to as “Perpetual Bond” or “The Bond” or “The Issue”) issuance BDT 5,000.00 million in face value. The outlook on the rating is Stable. The rating is consistentRead more

Emerging Credit Rating Limited (ECRL) has affirmed AA+ (Pronounced as Double A Plus Bond) long term credit rating to DBH Finance PLC.’s Non-Convertible Zero Coupon Bond issuance up to BDT 3,000.00 million in face value. The outlook on the rating is Stable.Read more

Emerging Credit Rating Limited (ECRL) has affirmed AA (Pronounced as Double A) long term credit rating and affirmed ST-2 short term credit rating to ONE Bank Limited based on audited financials of FY2019-FY2022 and other available information up to the date of rating declaration. The outlook on the rating is Stable.Read more

Emerging Credit Rating Limited (ECRL) has assigned AA- (Pronounced as Double A Minus Bond) long term credit rating to ONE Bank Subordinated Bond – V issuance of BDT 5,000.00 million in face value. The outlook on the rating is Stable. The rating is consistent with ECRL’s methodology for this type of Bond ratings.Read more

Emerging Credit Rating Limited (ECRL) has affirmed A- (Pronounced as single ‘A’ minus) long term rating and ST-2 short-term rating to Scholastica Limited. The outlook on the rating is Stable. The ratings are based on audited financial statements from FY2018-FY2022, bank information with payment pattern and other qualitative, quantitative relevant information up to the dateRead more

Emerging Credit Rating Limited (ECRL) has upgraded to BBB+ (Pronounced as “Triple B Plus”) long term credit rating and assigned ST-3 short term credit rating to Walton Chemical Industries Limited . The outlook on the rating is Stable. The rating is based on the audited financial statements of FY2019-FY2022 and other relevant information till date.Read more

Emerging Credit Rating Limited (hereafter referred to as ‘ECRL’) has affirmed the long-term credit rating to BBB+ (Pronounced as ‘Triple B’ plus) and ST-3 credit rating on short term to Beximco LPG Unit – 1 Limited. The outlook of the rating is Stable.The rating is also based on audited financial statements of FY2019, FY2020, FY2021,Read 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 DBH Finance PLC. based on audited financial statements up to December 31, 2022 and other available quantitative and qualitative information up to the date of rating. The outlook on the rating isRead more

Emerging Credit Rating Limited (ECRL) has affirmed AA (Pronounced as Double A) long term credit rating and ST-1 short term credit rating to Nourish Poultry and Hatchery Limited . The outlook on the rating is Stable.The ratings are based on the audited financial reports for FY2019 to FY2022 (June ending), along with other relevant quantitativeRead more