Emerging Credit Rating Limited (ECRL) has affirmed AA-B (Pronounced as ‘Double A Minus Bond’) long term credit rating to Southeast Bank PLC.’s Subordinated Floating Rate Bond BDT 5,000 Million (hereinafter referred to as “The Subordinated Bond” or “The Bond” or “The Issue”). The outlook on the rating is Stable. The rating is consistent with ECRL’s methodology for this type of financial institutions and bond rating. ECRL considered financial performance, capital base, asset quality, management experience, liquidity and prospect of the industry and the likelihood of default of the bond while assigning the bond rating.