QUARTERLY CREDIT RATING REPORT
(Alpha Credit Rating Limited)
(Fourth Quarter, 2020)
01 October 2020 to 31 December 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 |
| BDT 1500000000 fixed rate non-convertible unsecured green coupon bearing bond | Bond | Initial | Instrument Rating | Q4 | 10-11-20 | BBB+ | 10-10-21 | NA | 10-10-21 | Stable |
| 1st Tranche Issue of BDT 6000 Million of IBBL 3rd Mudaraba Redeemable Unsecured Non-Convertible Floating Rate Subordinated Bond Issued by Islami Bank Bangladesh Limited | Bond | Surveillance | Instrument Rating | Q4 | 10-27-20 | AA+ | 10-26-21 | NA | 10-26-21 | Stable |
| BDT 4000 Million Mudaraba Subordinated Bond-Union Bank Limited | Bond | Surveillance | Instrument Rating | Q4 | 11-02-20 | A | 11-01-21 | NA | 11-01-21 | Stable |
| SIBL Mudaraba Perpetual Bond | Bond | Initial | Instrument Rating | Q4 | 11-11-20 | AA- | 11-10-21 | NA | 11-10-21 | Stable |
| BDT 5000 Million Floating Rate Unsecured Subordinated Bond for Southeast Bank Limited | Bond | Surveillance | Instrument Rating | Q4 | 11-18-20 | AA- | 11-17-21 | NA | 11-17-21 | Stable |
| Coupon Bearing Floating Non-Convertible BDT 10000000000 Bond issued by North-West Power Generation Company Limited | Bond | Surveillance | Instrument Rating | Q4 | 11-26-20 | AAA | 11-25-21 | NA | 11-25-21 | Stable |
| Mercantile Bank 2nd Subordinated Bond | Bond | Surveillance | Instrument Rating | Q4 | 12-09-20 | AA- | 12-08-21 | NA | 12-08-21 | Stable |
| Agrani Bank 1st Subordinated Bond | Bond | Surveillance | Instrument Rating | Q4 | 12-20-20 | A | 12-19-21 | NA | 12-19-21 | Stable |