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Blog

Home Archive by category "Rationale" (Page 22)

ECRL has affirmed BBB+ (Pronounced as ‘Triple B’ plus) and ST-3 with a Stable outlook to Beximco LPG Unit – 1 Limited

By ecrl-admin | Rationale | 0 comment | 6 June, 2023 | 0

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

ECRL has affirmed AAA (Pronounced as ‘Triple A’) and ST-1 with a Stable outlook to DBH Finance PLC.

By ecrl-admin | Rationale | 0 comment | 4 June, 2023 | 0

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

ECRL has affirmed AA (Pronounced as Double A) and ST-1 with a Stable outlook to Nourish Poultry and Hatchery Limited

By ecrl-admin | Rationale | 0 comment | 4 June, 2023 | 0

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

ECRL assigned A+ (Pronounced as Single ‘A’ plus Bond) with a Stable outlook to National Housing 1st Zero-Coupon Bond

By ecrl-admin | Rationale | 0 comment | 1 June, 2023 | 0

Emerging Credit Rating Limited (ECRL) has assigned A+ (Pronounced as Single ‘A’ plus Bond) long term credit rating to National Housing 1st Zero-Coupon Bond based on audited financials from FY2019 to FY2022 and other available information up to the date of rating declaration. The outlook on the rating is Stable.Read more

ECRL affirmed A+ (Pronounced as ‘Single A Plus’) and ST-2 with a Stable outlook to First Security Islami Bank Limited

By ecrl-admin | Rationale | 0 comment | 30 May, 2023 | 0

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 First Security Islami Bank Limited (hereinafter referred to as ‘FSIBL’ or ‘The Bank’) based on audited financials of FY2019-2022, and other available information up to the date of rating declaration. TheRead more

ECRL affirmed AA (Pronounced as ‘Double A’) and ST-2 with a Stable outlook to United Commercial Bank PLC

By ecrl-admin | Rationale | 0 comment | 30 May, 2023 | 0

Emerging Credit Rating PLC (ECRL) has affirmed AA (Pronounced as ‘Double A’) long term credit rating and ST-2 short term credit rating to United Commercial Bank PLC based on audited financials of FY2019-2022 and other available information up to the date of rating declaration. The outlook on the rating is Stable.Read more

ECRL affirmed A+ (Pronounced as single A plus) and ST-2 with a Stable outlook to Butterfly Manufacturing Co. Ltd.

By ecrl-admin | Rationale | 0 comment | 25 May, 2023 | 0

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 Butterfly Manufacturing Co. Ltd. (From here on referred to as BMCL). The outlook on the rating is Stable. The ratings are consistent with ECRL’s methodology for this type of company. TheRead more

ECRL upgraded A+ (Pronounced as ‘Single A Plus’) and ST-2 with a Stable outlook to Rangs Properties Limited

By ecrl-admin | Rationale | 0 comment | 25 May, 2023 | 0

Emerging Credit Rating Limited (ECRL) has upgraded long term credit rating to A+ (Pronounced as single A plus) and affirmed ST-2 short term credit rating to Rangs Properties Limited (from here on referred to as ‘RPL’ or the company). The outlook on the rating is Stable.The rating is based on the audit report of FY2019Read more

ECRL affirmed A+ (Pronounced as ‘Single A Plus’) and ST-2 with a Stable outlook to NRB Commercial Bank Limited

By ecrl-admin | Rationale | 0 comment | 25 May, 2023 | 0

Emerging Credit Rating Limited (ECRL) has affirmed the credit rating to A+ (Pronounced as ‘Single A Plus’) long term and affirmed ST-2 short term credit rating to NRB Commercial Bank Limited (hereinafter referred to as ‘NRBCBL’ or ‘The Bank’) based on audited financials of FY2019-FY2022 and other available information up to the date of ratingRead more

ECRL affirmed AAA (Pronounced as ‘Triple A’) and ST-1 with a Stable outlook to IDLC Finance Limited

By ecrl-admin | Rationale | 0 comment | 24 May, 2023 | 0

Emerging Credit Rating Limited (ECRL) has affirmed AAA (Pronounced as ‘Triple A’) long term credit rating and ST-1 short term credit rating to IDLC Finance Limited (From here on referred to as ‘IDLCFL’ or ‘the FI’) based on audited financial statements up to December 31, 2022 and other available quantitative and qualitative information up toRead more

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  • Home
  • About ECRL
    • Our Vision, Mission & Goal
    • Board of Directors
    • Committee
      • Rating Committee
      • Risk Management Committee
    • Regulators and Affiliations
    • Code of Conduct
      • ECRL
      • ACRAA
      • IOSCO
    • Mile Stone
    • Corporate Profile
    • Fee Structure
    • FAQ
      • Rating Benefits
      • Detailed FAQ
  • The Team
    • Management Team
    • Rating Team
    • Business Development Team
  • Rating
    • Rating Service
    • Rating Process
    • Rating Methodology
    • Rating Symbol
    • Rating Reports
    • Rationale
    • Transition Matrix
    • Default Studies
    • Rating Discontinue List
    • Disclosure as per BSEC
    • Unsolicited Rating Policy
  • Research
    • Research Team
    • Services
    • Data Bank
      • Primary Survey Data
      • Secondary Data
        • Bangladesh
        • International
    • Publications
      • Industry Analysis
      • ECRL Quarterly
      • Working Paper
      • Publication by Researchers
    • Projects
      • Ongoing
      • Accomplished
    • ECRL Thought
    • Blog
  • Media Center
    • Downloads
    • News & Events
  • Monthly Magazine
  • Contact Us
Emerging Credit Rating Ltd