Alpha Credit Rating Ltd

Press Release :

AlphaRating has announced the bond rating of A in favor of "BDT 4,000 Million Mudaraba Subordinated Bond" issued by Union Bank PLC with a stable outlook as on 03rd March, 2024 AlphaRating has announced the long term rating of A & short term rating of ST-2 in favor of MIDAS Financing Limited with a stable outlook as on 13th November, 2023 AlphaRating has announced the bond rating of AA+ in favor of IBBL 2nd Perpetual Mudaraba Bond issued by Islami Bank Bangladesh PLC with a stable outlook as on 29th August, 2023 AlphaRating has announced the long term rating of AA+ & short term rating of ST-1 in favor of Asia Pacific General Insurance Company Limited with a stable outlook as on 20th August, 2023 AlphaRating has announced the long term rating of AA- & short term rating of ST-2 in favor of Purabi General Insurance Company Limited with a stable outlook as on 14th August, 2023

(Alpha Credit Rating Limited)

(3rd Quarter, 2020)

01 July 2020 to 30 September 2020

Name_of_entity_or_instrument	Type_of_entity_or_issuer	Nature_of_rating	Source_of_rating	Quarter_of_rating	Rating_date	Long_term_rating	Long_expiry_date	Short_term_rating	Short_expiry_date	Outlook
Islami Bank Bangladesh Limited	Bank	Surveillance	Entity	Q3	07-16-20	AAA	07-15-21	ST-1	07-15-21	Stable
Agrani Bank Limited	Bank	Surveillance	Entity	Q3	07-26-20	A+	07-25-21	ST-2	07-25-21	Stable
State Bank of India (Bangladesh Operations)	Bank	Surveillance	Entity	Q3	07-27-20	AAA	07-26-21	ST-1	07-26-21	Stable

DHAKA OFFICE

Sadharan Bima Bhaban-2 (8th Floor), 139 Motijheel C/A, Dhaka-1000. Tel: +880-2-223353025-28 Cell: +88 01711-679042, +88 01975-001168 Email: info@alpharating.com.bd

CHITTAGONG OFFICE

Ilias Mansion, 1309, (2nd Floor), Gol Paharer More, O. R. Nizam Road, Panchlaish, Chattogram.

QUARTERLY CREDIT RATING REPORT

(Alpha Credit Rating Limited)

DHAKA OFFICE

CHITTAGONG OFFICE