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Rationale

    Home Rationale
    22 Sep

    ECRL has upgraded the long term credit rating to A- (Pronounced as ‘Single A Minus’) and short term credit rating to ST-2 with a Stable outlook to Panama Composite Textile Mills Limited. The rating is valid from September 22, 2026 to September 21, 2027.

    Emerging Credit Rating Limited has upgraded the long term credit rating to A- (Pronounced as ‘Single A Minus’) and

    0 comment / Rationale / Read More
    20 Sep

    ECRL has assigned ESME-3 credit rating with a Stable outlook to M/S Liza Enterprise. The rating is valid from September 20, 2026 to September 19, 2027.

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

    0 comment / Rationale / Read More
    17 Sep

    ECRL has assigned ESME-4 credit rating with a Stable outlook to Sheikh Jalal Tours And Travels. The rating is valid from September 17, 2026 to September 16, 2027.

    Emerging Credit Rating Limited (ECRL) has assigned ESME-4 credit rating to Sheikh Jalal Tours And Travels. The outlook of

    0 comment / Rationale / Read More
    15 Sep

    ECRL has assigned BBB+ (Pronounced as “Triple B Plus”) long term credit rating and ST-3 short term credit rating with a Stable outlook to IPCO Developments (Bangladesh) Limited. The rating is valid from September 15, 2026 to September 14, 2027.

    Emerging Credit Rating Limited has assigned BBB+ (Pronounced as “Triple B Plus”) long term credit rating and ST-3 short

    0 comment / Rationale / Read More
    14 Sep

    ECRL has assigned BBB (pronounced as Triple B) long term credit rating and ST-3 short term credit rating with a Stable outlook to Quazi Crop Solution Ltd. The rating is valid from September 14, 2026 to September 13, 2027.

    Emerging Credit Rating Limited has assigned BBB (pronounced as Triple B) long term credit rating and ST-3 short term

    0 comment / Rationale / Read More
    11 Sep

    ECRL has downgraded ESME-4 credit rating with a Stable outlook to M/S Boishakhi Electronics. The rating is valid from September 11, 2026 to September 10, 2027.

    Emerging Credit Rating Limited (ECRL) has downgraded ESME-4 credit rating to M/S Boishakhi Electronics. The outlook of the rating

    0 comment / Rationale / Read More
    08 Sep

    ECRL has assigned BBB- (Pronounced as triple B minus) long-term credit rating and ST-3 short-term credit rating with a Stable outlook to FINTRA. Securities Limited. The rating is valid from September 08, 2026 to September 07, 2027.

    Emerging Credit Rating Limited has assigned BBB- (Pronounced as triple B minus) as long-term credit rating and ST-3 as

    0 comment / Rationale / Read More
    02 Sep

    ECRL has downgraded ESME-4 credit rating with a Stable outlook to “Victory Footwear Industry Ltd.”. The rating is valid from September 02, 2026 to September 01, 2027.

    Emerging Credit Rating Limited (ECRL) has downgraded ESME-4 credit rating to “Victory Footwear Industry Ltd.”. The outlook of the

    0 comment / Rationale / Read More
    26 Aug

    ECRL has affirmed A- (pronounced as A minus) long term credit rating and ST-3 short term credit rating with a Stable outlook to Thermax Yarn Dyed Fabrics Limited. The rating is valid from August 26, 2026 to August 25, 2027.

    Emerging Credit Rating Limited has affirmed A- (pronounced as A minus) long term credit rating and ST-3 short term

    0 comment / Rationale / Read More
    25 Aug

    ECRL has affirmed AA (Pronounced as double A) long term credit rating and ST-2 short term credit rating with a Stable outlook to Rancon Motors Limited. The rating is valid from August 25, 2026 to August 24, 2027.

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

    0 comment / Rationale / Read More

    Copyright 2015 Emerging Credit Rating Ltd. | All Rights Reserved
    • Home
    • About ECRL
      • Our Vision, Mission & Goal
      • Board of Directors
      • Committee
        • Rating Committee
        • Risk Management Committee
      • Regulators and Affiliations
      • Code of Conduct
        • ECRL
        • ACRAA
        • IOSCO
      • Mile Stone
      • 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
      • 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
      • Business Development Senior Manager/Manager
      • Assistant Vice President
      • Recovery Officer
      • Department Head- Research & Consultancy
      • Senior Officer- Content & Communication
      • Research Analyst
    Emerging Credit Rating Ltd