QUARTERLY CREDIT RATING REPORT
(Alpha Credit Rating Limited)
(3rd Quarter 2024)
01 July 2024 to 30 September 2024
| 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 |
| State Bank of India Bangladesh Operations | Bank | Surveillance | Entity | Q3 | 7/11/24 | AAA | 5/31/25 | ST-1 | 5/31/25 | Stable |
| NCC Bank Non Convertible Subordinated Bond | Bond | Surveillance | Instrument Rating | Q3 | 7/11/24 | AA | 6/22/25 | NA | 6/22/25 | Stable |
| Genex Infosys Convertible Redeemable Bond | Bond | Surveillance | Instrument Rating | Q3 | 7/24/24 | A+ | 7/23/25 | NA | 7/23/25 | Stable |
| BDT 4000 million floating rate redeemable nonconvertible unsecured subordinated bond VI issued by Trust Bank Limited | Bond | Surveillance | Instrument Rating | Q3 | 7/31/24 | AA | 6/13/25 | NA | 6/13/25 | Stable |
| Agrani Bank PLC | Bank | Surveillance | Entity | Q3 | 8/13/24 | A+ | 7/25/25 | ST-2 | 7/25/25 | Stable |
| Bangladesh Krishi Bank | Bank | Surveillance | Entity | Q3 | 9/5/24 | B+ | 6/21/25 | ST-5 | 6/21/25 | Stable |