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Rationale

    Home Rationale
    17 Nov

    ECRL has assigned ESME-3 credit rating with a Stable outlook to M/S Haque International. The rating is valid from November 17, 2025, to November 16, 2026.

    Emerging Credit Rating Limited (ECRL) has assigned the ESME-3 credit rating to M/S Haque International. The outlook of the

    0 comment / Rationale / Read More
    15 Nov

    ECRL has affirmed the ESME-3 credit rating with a Stable outlook to M/S Madina Traders. The rating is valid from November 15, 2025, to November 14, 2026.

    Emerging Credit Rating Limited (ECRL) has affirmed the ESME-3 credit rating to M/S Madina Traders (MMT). The outlook of

    0 comment / Rationale / Read More
    14 Nov

    ECRL has affirmed the ESME-3 credit rating with a Stable outlook to M/S Bhai Bhai Vulcanizing Workshop. The rating is valid from November 14, 2025, to November 13, 2026.

    Emerging Credit Rating Limited (ECRL) has affirmed the ESME-3 credit rating to M/S Bhai Bhai Vulcanizing Workshop . The

    0 comment / Rationale / Read More
    13 Nov

    ECRL has assigned ESME-3 credit rating with a Stable outlook to M/S J.N Enterprise. The rating is valid from November 13, 2025, to November 12, 2026.

    Emerging Credit Rating Limited (ECRL) has assigned the ESME-3 credit rating to M/S J.N Enterprise. The outlook of the

    0 comment / Rationale / Read More
    12 Nov

    ECRL has upgraded long term rating to AA and affirmed ST-2 short term credit rating to ADN Telecom Limited . The outlook on the rating is Stable. The rating is valid from November 12, 2025 till November 11, 2026.

    Emerging Credit Rating Limited (ECRL) has upgraded long term rating to AA (Pronounced as Double A) and affirmed ST-2

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    31 Oct

    ECRL has affirmed ESME-3 credit rating with a Stable outlook to M/S Mona & Brothers. The rating is valid from October 31, 2025 till October 30, 2026.

    Emerging Credit Rating Limited (ECRL) has affirmed the ESME-3 credit rating to M/S Mona & Brothers. The outlook of

    0 comment / Rationale / Read More
    30 Oct

    ECRL has affirmed A long term credit rating and ST-2 short term credit rating to Dekko Accessories Limited . The outlook of the rating is Stable. The rating is valid from October 30, 2025 till October 29, 2026.

    Emerging Credit Rating Limited (ECRL) has affirmed A (Pronounced as A) long term credit rating and ST-2 short term

    0 comment / Rationale / Read More
    23 Oct

    ECRL has affirmed A long-term credit rating and ST-2 short-term credit rating with a Stable outlook to BASTOB–Initiative for People’s Self-Development. The rating is valid from October 23, 2025 till October 22, 2026.

    Emerging Credit Rating Limited (ECRL) has affirmed A (Pronounced as Single A) long-term credit rating and ST-2 short-term credit

    0 comment / Rationale / Read More
    19 Oct

    ECRL has affirmed A- long-term credit rating and ST-2 short-term credit rating with a Stable outlook to Dressmen Fashionwear Limited. The rating is valid from October 19, 2025 till October 18, 2026.

    Emerging Credit Rating Limited (ECRL) has affirmed A- (Pronounced as Single A Minus) long-term credit rating and ST-2 short-term

    0 comment / Rationale / Read More
    30 Sep

    Emerging Credit Rating Limited (ECRL) has affirmed AAA long-term credit rating and ST-1 short-term credit rating with a Stable outlook to Bangladesh National Insurance Company Limited.

    Emerging Credit Rating Limited (ECRL) has affirmed AAA (pronounced as triple A) long-term credit rating and ST-1 short-term credit

    0 comment / Rationale / Read More

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    • Home
    • About ECRL
      • Our Vision, Mission & Goal
      • Committee
        • Rating Committee
        • Risk Management Committee
      • Regulators and Affiliations
      • Code of Conduct
        • ECRL
        • ACRAA
        • IOSCO
      • Mile Stone
      • Corporate Profile
      • Fee Structure
      • FAQ
        • Rating Benefits
        • Detailed FAQ
    • The Team
      • Management Team
      • Rating Team
      • Business Development Team
    • Rating
      • Rating Service
      • Rating Process
      • Rating Methodology
      • Rating Symbol
      • Rating Reports
      • Rationale
      • Transition Matrix
      • Default Studies
      • Rating Discontinue List
      • Disclosure as per BSEC
      • Unsolicited Rating Policy
    • Research
      • Research Team
      • Services
      • Data Bank
        • Primary Survey Data
        • Secondary Data
          • Bangladesh
          • International
      • Publications
        • Industry Analysis
        • ECRL Quarterly
        • Working Paper
        • Publication by Researchers
      • Projects
        • Ongoing
        • Accomplished
      • ECRL Thought
      • Blog
    • Media Center
      • Downloads
      • News & Events
    • Monthly Magazine
    • Career
      • Financial Analyst
      • Research Analyst
      • Business Analyst
    Emerging Credit Rating Ltd