QUARTERLY CREDIT RATING REPORT

(Alpha Credit Rating Limited)

(Fouth Quarter, 2021)

01 October, 2021 to 31st December, 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
Fully Redeemable Non Convertible Unsecured Subordinated Bond III of Trust Bank Limited Bond Surveillance Instrument Rating Q4 10/11/21 AA- 10/10/22   10/10/22 Stable
BDT 500000 million Floating Rate Non Convertible Subordinated Bond IV of Trust Bank Limited Bond Surveillance Instrument Rating Q4 10/11/21 AA- 10/10/22   10/10/22 Stable
BDT 7500 million Floating Rate Non Convertible Subordinated Bond Bond Surveillance Instrument Rating Q4 10/18/21 AA 10/17/22   10/17/22 Stable
BDT 4000 Million Mudaraba Subordinated Bond of Union Bank Limited Bond Surveillance Instrument Rating Q4 10/24/21 A 10/23/22   10/23/22 Stable
BDT 5000 Million Floating Rate Unsecured Subordinated Bond for Southeast Bank Limited Bond Surveillance Instrument Rating Q4 11/30/21 AA- 11/29/22   11/29/22 Stable
SIBL Mudaraba Perpetual Bond Bond Surveillance Instrument Rating Q4 12/7/21 AA- 12/6/22   12/6/22 Stable
Coupon Bearing Floating Rate Non Convertible Secured BDT 10000000000 Bond issued by North West Power Generation Company Limited Bond Surveillance Instrument Rating Q4 12/7/21 AAA 12/6/22   12/6/22 Stable
Mercantile Bank 2nd Subordinated Bond issued by Mercantile Bank Limited Bond Surveillance Instrument Rating Q4 12/9/21 AA- 12/8/22   12/8/22 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 12/19/21 AA- 12/18/22   12/18/22 Stable
Agrani Bank 1st Subordinated Bond Bond Surveillance Instrument Rating Q4 12/20/21 A 12/19/22   12/19/22 Stable
ICB 1st Mudaraba Sukuk Bond Initial Instrument Rating Q4 12/21/21 AAA 12/20/22   12/20/22 Stable
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
Rajshahi Krishi Unnayan Bank Bank Initial Entity Q4 11/11/21 BB- 11/10/22 ST-3 11/10/22 Stable