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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 Meditex Industries Limited. The outlook of the rating is Stable. Meditex Industries Limited is engaged in the manufacturing of export-oriented ready-made garments (sweaters). The ratings are consistent with ECRL’s methodology forRead more

Emerging Credit Rating Limited (ECRL) has downgraded ESME-5 credit rating to “Mofiz Store”. The outlook of the rating is Stable. The rating is consistent with ECRL’s methodology for this type of concern. ECRL considered financial strength, scale of business, proprietor’s experience and prospect of the industry while assigning the rating. The rating is based onRead more

Emerging Credit Rating Limited (ECRL) has downgraded ESME-4 credit rating to M/S Jakir Traders. 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 BBB- (Pronounced as Triple B Minus) long term credit rating and ST-3 short term credit rating to Amin Businesslink Limited. The outlook of the rating is Stable. The ratings are consistent with ECRL’s rating methodology for this type of company. The rating is valid from August 14, 2026Read more

Emerging Credit Rating Limited (ECRL) has upgraded BBB (pronounced as Triple B) long term credit rating and ST-3 short term credit rating to Concept Label & Accessories Ltd. (from here on referred to as “CLAL” ‘The Company’). The outlook on the rating is Stable. The ratings are consistent with ECRL’s Corporate Debt Rating methodology forRead more

Emerging Credit Rating Limited (ECRL) has assigned ESME-3 credit rating to M/S Joypur Filling Station (hereinafter referred to as ‘the concern’) for Sonali Bank PLC’s total loan limit of BDT 20.00 million. The outlook of the rating is Stable. The rating is consistent with ECRL’s methodology for this type of business. ECRL considered financial strength,Read more

Emerging Credit Rating Limited (ECRL) has assigned to BBB (Pronounced as Triple B) as long-term credit rating and ST-3 as short-term credit rating to “Karnafully Foundation”. The outlook on the rating is Stable. The rating is consistent with ECRL’s methodology for this type of non-profit organization. ECRL considered objective of the organization, its policies inRead more

Emerging Credit Rating Limited (ECRL) has assigned ESME-3 credit rating to “Rajib and Brothers”. 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, and prospect of the industry while assigning the rating. The rating is based on theRead more

Emerging Credit Rating Limited (ECRL) has assigned long term rating BBB (Pronounced as ‘Triple B’) and short-term credit rating for ST-3 to Astro Commodities Limited. The outlook on the rating is Stable. Astro Commodities Limited is a private limited company engaged in the import, trading, and refining edible oils. The ratings are consistent with ECRL’sRead more

Emerging Credit Rating Limited has assigned BBB+ (pronounced as Triple B Plus) long term credit rating and ST-3 short term credit rating to DENZAI Bangladesh Ltd. The outlook on the rating is Stable. The ratings are consistent with ECRL’s methodology for this type of company. The rating is based on audited financial statements of upRead more