QUARTERLY CREDIT RATING REPORT
(Alpha Credit Rating Limited)
(Second 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 |
| Karmasangsthan Bank | Bank | Surveillance | Entity | Q2 | 04-13-21 | BBB+ | 04-12-22 | ST-3 | 04-12-22 | Stable |
| IBBL 2nd Perpetual Mudaraba Bond issued by Islami Bank Bangladesh Limited | Bond | Initial | Instrument Rating | Q2 | 04-29-21 | AA+ | 04-28-22 | NA | 04-28-22 | Stable |
| Union Bank Limited | Bank | Surveillance | Entity | Q2 | 06-17-21 | A+ | 06-16-22 | ST-2 | 06-16-22 | Stable |
| Global Islami Bank Limited | Bank | Surveillance | Entity | Q2 | 06-17-21 | A+ | 06-16-22 | ST-2 | 06-16-22 | Stable |
| Bangladesh Krishi Bank | Bank | Surveillance | Entity | Q2 | 06-22-21 | BB- | 06-21-22 | ST-4 | 06-21-22 | Stable |
| NCC Bank Non Convertible Subordinated Bond | Bond | Surveillance | Instrument Rating | Q2 | 06-24-21 | AA- | 06-23-22 | NA | 06-23-22 | Stable |
| Meghna Bank Limited | Bank | Surveillance | Entity | Q2 | 06-27-21 | AA- | 06-26-22 | ST-2 | 06-26-22 | Stable |