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Emerging Credit Rating Limited (ECRL) has affirmed the AAAB (pronounced as Triple A Bond) long-term credit rating to DBH Finance PLC’s (hereinafter referred to as “DBH” or “the FI”) DBH Affordable Housing Bond (hereinafter referred to as “The Bond” or “The Issue”) issuance of up to BDT 3,500.00 million in face value. The outlook onRead 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 Marico Bangladesh Limited. The outlook on the rating is Stable. The rating is consistent with ECRL’s rating methodology for this type of company. The ratings are based on the audited financial statements for FY2022–FY2025,Read more

Emerging Credit Rating Limited (ECRL) has affirmed ESME-3 credit rating to M/S New Maa Traders. The outlook of the rating is Stable.Read more

Emerging Credit Rating Limited (ECRL) has affirmed ESME-2 credit rating to M/S Gaffar Enterprise. The outlook of the rating is Stable. The rating is consistent with ECRL’s methodology for this type of business. ECRL considered financial strength, scale of business, proprietor’s experience, and prospect of the industry while assigning the rating. The rating is basedRead more

Emerging Credit Rating Limited (ECRL) has assigned A- (pronounced as single A minus) long-term financial strength rating to Shanta Life Insurance PLC. The outlook on the rating is Stable. The rating is consistent with ECRL’s rating methodology for this type of company. The ratings are based on the audited financial statements for FY2024, half-year unauditedRead more

Emerging Credit Rating Limited (ECRL) has assigned ESME-3 credit rating to M/S Azad Traders. The rating is based on the received information from the respective bank and concern, along with other relevant quantitative and qualitative information available till the date of rating.Read more

Emerging Credit Rating Limited (ECRL) has affirmed ESME-3 credit rating to The Spondon Ltd. The outlook of the rating is Stable. The rating is based on information received from the respective bank and company, along with other relevant quantitative and qualitative information available up to the date of rating.Read more

Emerging Credit Rating Limited (ECRL) has affirmed BBB (pronounced as Triple B) long-term credit rating and ST-3 short-term credit rating to Bonny Deep Sea Fishing & Hatchery. The outlook on the rating is Stable. Bonny Deep Sea Fishing & Hatchery is a proprietorship concern engaged in trading various types of sea fish caught using itsRead more

Emerging Credit Rating Limited (ECRL) has downgraded the long-term credit rating to BBB (pronounced as ‘Triple B’) and the short-term credit rating to ST-4 to Islamic Finance and Investment PLC. The outlook on the rating is Developing. The ratings are based on the audited financial statements up to December 31, 2024, unaudited quarterly financial statementsRead more

Emerging Credit Rating Limited (ECRL) has assigned ESME-3 credit rating to M/S Insaf Electronics. 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 the information received from the respective bank and concern, along with other relevant quantitative and qualitative informationRead more