Blog

Emerging Credit Rating Limited (ECRL) has affirmed BB+ (Pronounced as “Double B Plus”) long term credit rating and ST-4 short-term credit rating to Bay Leasing & Investment Limited based on unaudited financial statements of FY2025, audited financial statements of FY2022-FY2024 and other available quantitative and qualitative information up to the date of rating declaration. TheRead 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 Quality Feeds Limited. The outlook on the rating is Stable. The ratings are consistent with ECRL’s rating methodology for this type of company. Quality Feeds Limited specializes in the production of diverseRead more

Emerging Credit Rating Limited has assigned the long-term rating BBB+ (Pronounced as triple B plus) and short-term rating ST-3 for United Healthcare Services Ltd. The outlook of the rating is Stable. The ratings are based on the audited financial statement from FY2023 to 2025 and management information as well as other qualitative and quantitative factorsRead more

Emerging Credit Rating Limited (ECRL) has assigned A (Pronounced as “Single A”) long term credit rating and ST-2 short term credit rating along with a Stable outlook to Islami Bank Bangladesh PLC., with validity till July 05, 2026. The rating is based on audited financial statements up to December 31, 2024, unaudited financial statements ofRead more

Emerging Credit Rating Limited (ECRL) has assigned AAA (Pronounced as Triple A) long term credit rating and ST-1 short term rating to Bangladesh Submarine Cables PLC. The outlook of the rating is Stable. Bangladesh Submarine Cables PLC provides high capacity international internet and data connectivity services. The ratings are consistent with ECRL’s methodology for thisRead more

Emerging Credit Rating Limited (hereinafter referred as ‘ECRL’) has assigned A- (pronounced as ‘A Minus’) long term credit rating and ST-2 short term credit rating to Kiam Glassware Industries Limited. The outlook on the rating is Stable. The rating is based on projected financial statements and other relevant qualitative and quantitative information up to theRead more

Emerging Credit Rating Limited (ECRL) has assigned BBB- (Pronounced as triple B minus) long term credit rating and ST-3 short term credit rating to Titas Knitwear 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 based on the audited financialRead more

Emerging Credit Rating Limited (ECRL) has assigned the ESME-3 credit rating to M/S Haque International. The outlook of the rating is Stable. The rating is consistent with ECRL’s methodology for this type of business. The rating is based on information received from the concern, along with other relevant quantitative and qualitative information available up toRead more

Emerging Credit Rating Limited (ECRL) has affirmed the ESME-3 credit rating to M/S Madina Traders (MMT). The outlook of the rating is Stable. The rating is consistent with ECRL’s methodology for this type of business. The rating is based on information received from the concern, along with other relevant quantitative and qualitative information available upRead more

Emerging Credit Rating Limited (ECRL) has affirmed the ESME-3 credit rating to M/S Bhai Bhai Vulcanizing Workshop . The outlook of the rating is Stable. The rating is in line with ECRL’s methodology for this type of business. It is based on information received from the bank and the concern, along with other relevant quantitativeRead more