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)

(Third Quarter, 2022)

01 July, 2022 to 30 September, 2022

Agrani Bank Limited	Bank	Surveillance	Entity	Q3	7/26/22	A+	7/25/23	ST-2	7/25/23	Stable
IBBL 2nd Perpetual Mudaraba Bond	Bond	Surveillance	Instrument Rating	Q3	7/28/22	AA+	7/27/23	NA	7/27/23	Stable
Bangladesh Krishi Bank	Bank	Surveillance	Entity	Q3	9/18/22	BB-	6/21/23	ST-4	6/21/23	Stable
Meridian Finance & Investment Limited	NBFI	Surveillance	Entity	Q3	8/4/22	A	8/3/23	ST-2	8/3/23	Stable
CVC Finance Ltd	NBFI	Surveillance	Entity	Q3	9/29/22	A+	8/15/23	ST-2	8/15/23	Stable

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.

QUARTERLY CREDIT RATING REPORT

(Alpha Credit Rating Limited)

DHAKA OFFICE

CHITTAGONG OFFICE