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ECRL has affirmed A- (Pronounced as ‘Single A Minus’) long term credit rating and ST-3 short term credit rating with a Developing outlook to Rupali Bank Limited. The ratings are based on audited financial statements of FY2019-2021, half yearly unaudited financial statements (Jan-June) of 2021-2022 and other available quantitative and qualitative information up to theRead more

Emerging Credit Rating Limited (ECRL) has assigned A (Pronounced as ‘Single A’) long term credit rating and ST-2 short term credit rating to eGeneration Limited (eGL). The outlook of the rating is Stable. The ratings are consistent with ECRL’s rating methodology for this type of company. ECRL considered financial performance, scale of business, management experienceRead more

Emerging Credit Rating Limited (ECRL) has assigned A- (pronounced as single A minus) and ST-3 short term credit rating to Kedarpur Tea Company Limited (from now also referred as ‘KTL’). The outlook of the rating is Stable. The ratings are consistent with ECRL’s methodology for this type of concern. The rating takes into account businessRead more

Emerging Credit Rating Limited (ECRL) has assigned long term credit rating to AA (Pronounced as Double A) and ST-2 short term credit rating to Arbab Pack Limited. The outlook on the rating is Stable. The rating is consistent with ECRL’s methodology for this type of business. ECRL considered financial performance, scale of business, management quality,Read more

Emerging Credit Rating Limited (from here on it will be mentioned as “ECRL”) has assigned A (Pronounced as Single A) as long term credit rating and ST-2 as short term credit rating to ONE Securities Limited (from here on referred to as “OSL” or “the company”). The outlook of the rating is Stable. The ratingsRead more

Emerging Credit Rating Limited (hereinafter referred to as “ECRL”) has affirmed AA+ (Pronounced as Double A Plus) long term rating and affirmed ST-1 short term rating to Transcom Beverages Limited (hereinafter referred to as “TBL” or “The Company”). The outlook of the rating is Stable. The rating is based on the audited financial statements fromRead more

Emerging Credit Rating Limited (ECRL) has affirmed BBB+ (Pronounced as “Triple B Plus”) long term credit rating and ST-3 short term credit rating to WATA Chemicals Limited (hereafter referred as “WCL” or “the company”). The outlook on the rating is Stable. The ratings are consistent with ECRL’s methodology for this type of company. The ratingRead more

Emerging Credit Rating Limited (ECRL) has upgraded ST-2 short term credit rating to Rancon Infrastructures & Engineering Limited (from now also referred as ‘RIEL’ or “the company”). Although the concern does not have long term credit facility, ECRL has upgraded an equivalent long term entity rating to A- (Pronounced as A Minus) for Rancon InfrastructuresRead more

Emerging Credit Rating Limited (ECRL) has affirmed A+ (Pronounced as A plus) long term credit rating and ST-2 short term credit rating to ADN Telecom Limited. ADN Telecom Limited is a telecommunication and IT service provider in Bangladesh. The company received permission for BSEC for IPO and raised BDT 570.00 million in 2019. The proceedsRead 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. The rating is consistent with ECRL’s methodology for this type of company. Singer Bangladesh Limited (SBL) is a well-known consumer electronics brandRead more