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

Incorporated on the 24^th February 2011.
Became Technical Partner with TURKrating on the 21^th November 2011.
Bangladesh Security Exchange Commission Registration on the 20^th February 2012 as Credit Rating Company.
Insurance Development & Regulatory Authority (IDRA) Accreditation - 25^th June 2012.
Bangladesh Bank Accreditation – 25^th July 2012.
Association of Credit Rating Agencies in Bangladesh (ACRAB) Membership - April 2014.
Opened Chittagong Branch – 20^th April 2014.

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.