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)

(First Quarter, 2021)

01 January, 2021 to 31 March, 2021

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 2000 million Non-convertible unsecured and fully-redeemable fixed-rate Zero Coupon Bond-(BD Finance)	Bond	Initial	Instrument Rating	Q1	01-20-21	A+	01-19-22	NA	01-19-22	Stable
Social Islami Bank Limited	Bank	Initial	Entity	Q1	03-29-21	AA+	03-28-22	ST-2	03-28-22	Stable

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QUARTERLY CREDIT RATING REPORT

(Alpha Credit Rating Limited)

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