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Emerging Credit Rating Limited (ECRL) has affirmed AA (Pronounced as “Double A”) long term credit rating and ST-2 short term credit rating to Dhaka 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. ECRL considered financial performance, capitalRead more

Emerging Credit Rating Limited has affirmed long term credit rating A- (Pronounced as Single A Minus) and short term credit rating to ST-3 to Akhtar Furnishers Limited. The outlook of the ratings is Stable. The rating is based on audited financial statement from FY 2019 to FY 2022 (FYE: June), and other qualitative along withRead more

Emerging Credit Rating Limited has affirmed A+ (Pronounced as “Single A Plus”) long term credit rating and ST-2 short term credit rating to Strategic Finance & Investments Limited based on FY2021-FY2022 audited financial statements, ten months audited financial statements of FY2020 and other available quantitative and qualitative information up to the date of rating declaration.Read more

Emerging Credit Rating Limited has assigned long term rating AA- (Pronounced as “Double A Minus”) and short term rating to ST-1 to The Bengal Glass Works Limited based on the audited financial statements from FY2019-FY2022 and other quantitative and qualitative factors while assigning the rating.Read more

Emerging Credit Rating Limited has affirmed BBB (Pronounced as Triple B) and ST-4 short term credit rating to Rahimafrooz Distribution Limited. The ratings are based on audited financial statements of FY2019, FY2021-FY2022 and unaudited financial statements of 2020 and other qualitative along with quantitative information up to the date of rating.Read more

Emerging Credit Rating Limited (ECRL) assigned the long term credit rating to BBB- (Pronounced as Double B minus) and ST-3 short term credit rating to BG Tel Ltd. The outlook on the rating is Stable. The rating is based on the audited financial statements for FY2018- FY2022 and other relevant qualitative and quantitative information upRead more

Emerging Credit Rating Limited (ECRL) has downgraded long term credit rating to A- (Pronounced as “Single A Minus”) and affirmed ST-2 short term credit rating to Bay Leasing & Investment Limited based on unaudited financial statements of FY2022, audited financial statements of FY2019-FY2021 and other available quantitative and qualitative information up to the date ofRead more

Emerging Credit Rating Limited (ECRL) has affirmed AA (Pronounced as Double A) long-term credit rating and ST-1 short-term entity rating to Matrix Sweaters Limited . The outlook of the rating is Stable. The rating is based on the audited financial statements of FY 2019 to FY 2022 and other qualitative information up to 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 Singer Bangladesh Limited. The outlook on the rating is Stable. ECRL considered financial performance, scale of business, management quality, operational quality, profitability and the prospect of the industry as well as auditedRead more

Emerging Credit Rating Limited (ECRL) has assigned ST-3 short term credit rating to K & C Alliance Ltd. ECRL has assigned an equivalent long term entity rating of BBB- (Pronounced as Triple B minus). The outlook on the rating is Stable. The rating is based on audited financial statements of FY2020-FY2021, unaudited financial statement ofRead more