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 Islamic Finance and Investment Limited based on audited financial statements up to December 31, 2021, six (06) months unaudited financials ended on June 30, 2022 and June 30, 2021 and otherRead more
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Emerging Credit Rating Limited (hereinafter referred to as ‘ECRL’) has affirmed BBB+ (Pronounced as Triple B plus) long term credit rating and ST-3 short term credit rating to Panama Composite Textile Mills Limited (hereinafter referred to as “PCTML” or “The Company”). The outlook on the rating is Stable. The ratings are consistent with ECRL’s entityRead more
Emerging Credit Rating Limited (ECRL) has affirmed AA-B (Pronounced as ‘Double A Minus Bond’) long term credit rating to United Commercial Bank Limited’s (UCBL) Fourth Subordinated Bond (hereinafter referred to as “The Subordinated Bond” or “The Bond” or “The Issue”) issuance of BDT 8,000.00 million in face value. The outlook on the rating is Stable.Read more
Emerging Credit Rating Limited (ECRL) has assigned BBB+ (Pronounced as Triple B Plus) long term credit rating and ST-3 short term credit rating to Rancon British Motors Limited (from here on referred to as ‘RBML’ or the company). The outlook on the rating is Stable. The aforesaid rating is aligned with ECRL’s rating methodology forRead more