QUARTERLY CREDIT RATING REPORT
(Alpha Credit Rating Limited)
(First Quarter, 2023)
01 January, 2023 to 31 March, 2023
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| SIBL Mudaraba Perpetual Bond | Bond | Surveillance | Instrument Rating | Q1 | 1/3/2023 | AA- | 12/6/2023 | NA | 12/6/2023 | Stable |
| BDT 4000 Million Mudaraba Subordinated BondIssued by Union Bank Limited | Bond | Surveillance | Instrument Rating | Q1 | 1/11/2023 | A | 10/23/2023 | NA | 10/23/2023 | Stable |
| ICB 1st Mudaraba Sukuk | Bond | Surveillance | Instrument Rating | Q1 | 1/12/2023 | AAA | 12/20/2023 | NA | 12/20/2023 | Stable |
| AGRANI BANK 1ST SUBORDINATED BOND | Bond | Surveillance | Instrument Rating | Q1 | 1/29/2023 | A | 12/19/2023 | NA | 12/19/2023 | Stable |
| 1st Tranche Issue of BDT 6000 Million of IBBL 3rd Mudaraba Redeemable Unsecured Non Convertible Floating Rate Subordinated Bond | Bond | Surveillance | Instrument Rating | Q1 | 1/29/2023 | AA+ | 12/18/2023 | NA | 12/18/2023 | Stable |
| City Auto Rice and Dal Mills Limited CARDML Zero Coupon Bond | Bond | Initial | Instrument Rating | Q1 | 2/9/2023 | AA | 2/8/2024 | NA | 2/8/2024 | Stable |