QUARTERLY CREDIT RATING REPORT
Quarterly Credit Rating Report
(Alpha Credit Rating Limited)
(Second Quarter, 2023)
01 April, 2023 to 30 June, 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 |
| Bangladesh Finance Limited | FI | Surveillance | Entity | Q2 | 5/7/2023 | AA | 4/12/2024 | ST-1 | 4/12/2024 | Stable |
| Bank Alfalah Limited Bangladesh operation | Bank | Surveillance | Entity | Q2 | 5/16/2023 | AA+ | 4/27/2024 | ST-1 | 4/27/2024 | Stable |
| PRAN Agro Bond II | Bond | Initial | Instrument Rating | Q2 | 5/29/2023 | A+ | 5/28/2024 | NA | 5/28/2024 | Stable |
| Karmasangsthan Bank | Bank | Surveillance | Entity | Q2 | 6/4/2023 | BBB+ | 6/3/2024 | ST-3 | 6/3/2024 | Stable |
| Union Bank Limited | Bank | Surveillance | Entity | Q2 | 6/15/2023 | A+ | 6/14/2024 | ST-2 | 6/14/2024 | Stable |
| Global Islami Bank PLC | Bank | Surveillance | Entity | Q2 | 6/15/2023 | A+ | 6/11/2024 | ST-2 | 6/11/2024 | Stable |
| Social Islami Bank Limited | Bank | Surveillance | Entity | Q2 | 6/18/2023 | AA+ | 5/15/2024 | ST-2 | 5/15/2024 | Stable |
| SIBL 4th Mudaraba Subordinated Bond | Bond | Surveillance | Instrument Rating | Q2 | 6/18/2023 | AA- | 5/31/2024 | NA | 5/31/2024 | Stable |
| Bangladesh Krishi Bank | Bank | Surveillance | Entity | Q2 | 6/22/2023 | BB- | 6/21/2024 | ST-4 | 6/21/2024 | Stable |
| Meghna Bank Limited | Bank | Surveillance | Entity | Q2 | 6/25/2023 | AA | 6/24/2024 | ST-2 | 6/24/2024 | Stable |
| NCC Bank Non Convertible Subordinated Bond | Bond | Surveillance | Instrument Rating | Q2 | 6/26/2023 | AA- | 6/22/2024 | NA | 6/22/2024 | Stable |