Emerging Credit Rating Limited (ECRL) has affirmed ST-3 short term credit rating to Masro Printing & Packaging Ltd. (From here on referred to as “MPPL” or “Company”) for Islami Bank Bangladesh Limited’s working capital investment. Although the firm does not have long term loan, ECRL has also affirmed an equivalent long term entity rating to BBB (Pronounced as Triple B). The outlook of the rating is Stable. The ratings are consistent with ECRL’s methodology for this type of company.