QUARTERLY CREDIT RATING REPORT
(Alpha Credit Rating Limited)
(Fourth Quarter, 2022)
01 October, 2022 to 31 December, 2022
| name_of_entity_or_instrument | type_of_entity_or_issuer | nature_of_rating | source_of_rating | quarter_of_rating | rating_date | long_term_rating | 
| BDT 6000 Million Floating Rate Non Convertible Subordinated Bond of Rupali Bank | Bond | Surveillance | Instrument Rating | Q4 | 10/4/2022 | BBB+ | 
| Fully Redeemable Non Convertible Unsecured Subordinated Bond III of Trust Bank Limited | Bond | Surveillance | Instrument Rating | Q4 | 10/25/2022 | AA | 
| BDT 500000 million Floating Rate Non Convertible Subordinated BondIV of Trust Bank Limited | Bond | Surveillance | Instrument Rating | Q4 | 10/25/2022 | AA | 
| BDT 7000 million Floating Rate Non Convertible Subordinated Bond of pubali bank | Bond | Surveillance | Instrument Rating | Q4 | 11/6/2022 | AA | 
| Phoenix Finance and Investments Limited | NBFI | Surveillance | Entity | Q4 | 11/21/2022 | A | 
| Aviva Finance Limited | NBFI | Surveillance | Entity | Q4 | 11/21/2022 | A- | 
| Mercantile Bank 2nd Subordinated Bond | Bond | Surveillance | Instrument Rating | Q4 | 12/8/2022 | AA- | 
| BDT 7000 million Floating Rate Non Convertible Subordinated Bond of pubali bank | Bond | Surveillance | Instrument Rating | Q4 | 12/12/2022 | AA | 
| BDT 4000 million floating rate redeemable non convertible unsecured subordinated bond VI of Trust Bank Limited | Bond | Initial | Instrument Rating | Q4 | 12/12/2022 | AA- | 
| SIBL 4th Mudaraba Subordinated Bond | Bond | Initial | Instrument Rating | Q4 | 12/12/2022 | AA- | 
| BDT 5000 Million Floating Rate Unsecured Subordinated Bond for Southeast Bank Limited | Bond | Surveillance | Instrument Rating | Q4 | 12/13/2022 | AA- | 
| 7500 million Floating Rate Non Convertible Subordinated Bond of Pubali Bank Limited | Bond | Surveillance | Instrument Rating | Q4 | 12/13/2022 | AA | 
| Coupon Bearing Floating Rate Non Convertible Secured BDT 10000000000 Bond issued by North West Power Generation Company Limited | Bond | Surveillance | Instrument Rating | Q4 | 12/20/2022 | AAA | 
| Paramount Textile Zero Coupon Bond | Bond | Initial | Instrument Rating | Q4 | 12/22/2022 | AA- | 
| Rajshahi Krishi Unnayan Bank | Bank | Surveillance | Entity | Q4 | 12/28/2022 | BB- |