QUARTERLY CREDIT RATING REPORT
(Alpha Credit Rating Limited)
(First Quarter, 2017)
01 January 2017 to 31 March 2017
| Sl. No. | Name of Company | Type of Company | Rating Date | Long Term Rating | Expiry Date | Short Term Rating |
|---|---|---|---|---|---|---|
| 1 | Neo Printech BD Limited | Corporate | 1-Jan-17 | BBB | 31-Dec-17 | ST-3 |
| 2 | Global Sweater | Corporate | 2-Jan-17 | BBB | 1-Jan-18 | ST-3 |
| 3 | Honorable textile Composite Limited | Corporate | 2-Jan-17 | BBB | 1-Jan-18 | ST-3 |
| 4 | M/S Al Enayet Trading | Corporate | 2-Jan-17 | BBB+ | 1-Jan-18 | ST-3 |
| 5 | M/S Pabna Express | Corporate | 2-Jan-17 | BBB | 1-Jan-18 | ST-3 |
| 6 | M/S Transformer Electric | Corporate | 3-Jan-17 | BBB | 2-Jan-18 | ST-3 |
| 7 | M/S Rupali Trading Agency, M/S Noor E Madina Overseas & M/S ABH Corporation | Corporate | 3-Jan-17 | BBB+ | 2-Jan-18 | ST-3 |
| 8 | Oasis Hi Tech Sportswear Ltd | Corporate | 3-Jan-17 | BBB+ | 2-Jan-18 | ST-3 |
| 9 | M/S Sattar Metal Industries | Corporate | 4-Jan-17 | A- | 3-Jan-18 | ST-2 |
| 10 | Epique Home Appliances | Corporate | 4-Jan-17 | BBB | 3-Jan-18 | ST-3 |
| 11 | Kal Pataru Holiday Inn Limited | Corporate | 5-Jan-17 | BBB | 4-Jan-18 | ST-3 |
| 12 | Mahbub Brothers Pvt | Corporate | 8-Jan-17 | BBB+ | 7-Jan-18 | ST-3 |
| 13 | Banglar Mela Shangstha | Corporate | 9-Jan-17 | BBB | 8-Jan-18 | ST-3 |
| 14 | Bangladesh Development Society | Corporate | 10-Jan-17 | A | 9-Jan-18 | ST-2 |
| 15 | BeFresh Limited | Corporate | 10-Jan-17 | A- | 9-Jan-18 | ST-3 |
| 16 | GPH Power Generation Ltd. | Corporate | 11-Jan-17 | A- | 10-Jan-18 | ST-2 |
| 17 | M/S Kafil & Brothers | Corporate | 11-Jan-17 | BBB | 10-Jan-18 | ST-3 |
| 18 | Babar Cold Storage (Pvt.) Ltd. | Corporate | 14-Jan-17 | BBB+ | 13-Jan-18 | ST-3 |
| 19 | Eastern Steel Mills Limited | Corporate | 14-Jan-17 | BBB | 13-Jan-18 | ST-3 |
| 20 | Bangladesh Industrial Finance Company | NBFI | 15-Jan-17 | B | 14-Jan-18 | ST-5 |
| 21 | M/S Nabil Auto Flour Mill | Corporate | 15-Jan-17 | BBB | 14-Jan-18 | ST-3 |
| 22 | Progati Life Insurance | Life Insurance | 16-Jan-17 | A+ | 15-Jan-18 | ST-2 |
| 23 | M/S Bismillah Enterprise | Corporate | 16-Jan-17 | BBB+ | 15-Jan-18 | ST-3 |
| 24 | RM Medical Device Ltd. | Corporate | 16-Jan-17 | BBB | 15-Jan-18 | ST-3 |
| 25 | Fibre Deals Ltd. | Corporate | 16-Jan-17 | A- | 15-Jan-18 | ST-3 |
| 26 | Shreshtho Feed Ltd. | Corporate | 16-Jan-17 | BBB | 15-Jan-18 | ST-3 |
| 27 | M/S Gause Fabrics | Corporate | 17-Jan-17 | BBB- | 16-Jan-18 | ST-3 |
| 28 | M/S Bismillah Dal Mill | Corporate | 17-Jan-17 | BBB | 16-Jan-18 | ST-3 |
| 29 | M/S Shimul Enterprise | Corporate | 17-Jan-17 | BBB+ | 16-Jan-18 | ST-3 |
| 30 | Pacific Consumer Goods Limited | Corporate | 18-Jan-17 | BBB | 17-Jan-18 | ST-3 |
| 31 | Sandor Dialysis Srvices Bangladesh Private Limited | Corporate | 18-Jan-17 | BBB+ | 17-Jan-18 | ST-3 |
| 32 | Saima Samira Textile Mills Ltd. | Corporate | 18-Jan-17 | BBB+ | 17-Jan-18 | ST-3 |
| 33 | M/S J M Enterprise | Corporate | 22-Jan-17 | BBB | 21-Jan-18 | ST-3 |
| 34 | Nadia Foods & Agro Industries Pvt. Ltd. | Corporate | 23-Jan-17 | A- | 22-Jan-18 | ST-3 |
| 35 | M/S Belal Hossain | Corporate | 23-Jan-17 | A | 22-Jan-18 | ST-2 |
| 36 | M/S Laily Hossain | Corporate | 23-Jan-17 | A | 22-Jan-18 | ST-2 |
| 37 | B.H Hitech Food Industries (Pvt.) Limited | Corporate | 23-Jan-17 | A | 22-Jan-18 | ST-2 |
| 38 | Belcon Pvt. Ltd. | Corporate | 23-Jan-17 | A | 22-Jan-18 | ST-2 |
| 39 | M/S Nahid Hasan Sirajee | Corporate | 23-Jan-17 | A- | 22-Jan-18 | ST-3 |
| 40 | M/S Kashem Metal Industries Ltd | Corporate | 23-Jan-17 | BBB | 22-Jan-18 | ST-3 |
| 41 | Landmark Footwear Limited | Corporate | 23-Jan-17 | BBB | 22-Jan-18 | ST-3 |
| 42 | Bhai Borgo Auto Bricks Field | Corporate | 24-Jan-17 | BBB | 23-Jan-18 | ST-3 |
| 43 | Al Amin Ice & cold Storage | Corporate | 25-Jan-17 | A | 24-Jan-18 | ST-2 |
| 44 | Bangladesh Office Supply & Service | Corporate | 25-Jan-17 | BBB | 24-Jan-18 | ST-3 |
| 45 | M/S Oishi Construction & M/S Sharif Bastralay | Corporate | 25-Jan-17 | BBB | 24-Jan-18 | ST-3 |
| 46 | Sadharon Bima Corporation | Non-Life | 26-Jan-17 | AAA | 25-Jan-18 | ST-1 |
| 47 | Rupayan Housing Estate Limited | Corporate | 26-Jan-17 | BBB | 25-Jan-18 | ST-3 |
| 48 | Airbell Development Technologies Limited | Corporate | 29-Jan-17 | BB+ | 28-Jan-18 | ST-4 |
| 49 | Tista Salt Imdustries Limited | Corporate | 29-Jan-17 | A- | 28-Jan-18 | ST-3 |
| 50 | M/S Jonayid Sweater Link | Corporate | 30-Jan-17 | BBB+ | 29-Jan-18 | ST-3 |
| 51 | Ittadi Prokashoni & its sister concerns | Corporate | 30-Jan-17 | BBB | 29-Jan-18 | ST-3 |
| 52 | Lion Feeds Limited | Corporate | 31-Jan-17 | BBB+ | 30-Jan-18 | ST-3 |
| 53 | JAKAS Foundation | NGO | 31-Jan-17 | A+ | 30-Jan-18 | ST-2 |
| 54 | Map Agro Industries Ltd. | Corporate | 31-Jan-17 | BBB+ | 30-Jan-18 | ST-3 |
| 55 | Orchid Geotextile Limited | Corporate | 1-Feb-17 | BBB+ | 31-Jan-18 | ST-3 |
| 56 | K.N.B Agro Industries Limited | Corporate | 1-Feb-17 | BBB+ | 31-Jan-18 | ST-3 |
| 57 | Nikita Apparels Limited | Corporate | 2-Feb-17 | BBB | 1-Feb-18 | ST-3 |
| 58 | Iqbal Enterprise | Corporate | 2-Feb-17 | BBB | 1-Feb-18 | ST-3 |
| 59 | S. Alam Trading Pvt. Ltd. | Corporate | 2-Feb-17 | A | 1-Feb-18 | ST-2 |
| 60 | Taniya Trading House (Pvt.) Ltd. | Corporate | 5-Feb-17 | A- | 4-Feb-18 | ST-3 |
| 61 | Fareast Stocks & Bonds Limited | Corporate | 5-Feb-17 | BBB | 4-Feb-18 | ST-3 |
| 62 | M/S Ria International CO. | Corporate | 8-Feb-17 | BBB | 7-Feb-18 | ST-3 |
| 63 | Nari Uddog Kendro | NGO | 8-Feb-17 | BBB+ | 7-Feb-18 | ST-3 |
| 64 | M/S Noor Sons | Corporate | 8-Feb-17 | A- | 7-Feb-18 | ST-3 |
| 65 | Arrival Fashions Ltd | Corporate | 8-Feb-17 | BBB+ | 7-Feb-18 | ST-3 |
| 66 | Nirala Sea Foods Ltd. | Corporate | 8-Feb-17 | BB+ | 7-Feb-18 | ST-4 |
| 67 | Noakhali Rural & Development Society | NGO | 12-Feb-17 | BBB+ | 11-Feb-18 | ST-3 |
| 68 | Rokeya Spinning Mill Ltd. | Corporate | 12-Feb-17 | BBB+ | 11-Feb-18 | ST-3 |
| 69 | Star Line Auto Brick (Pvt.) Ltd | Corporate | 12-Feb-17 | BBB- | 11-Feb-18 | ST-3 |
| 70 | Multi Packaging & Printing Industries Limited | PF | 13-Feb-17 | D | 12-Feb-18 | ST-6 |
| 71 | Hamilton Metal Corporation Ltd. | Corporate | 14-Feb-17 | A- | 13-Feb-18 | ST-3 |
| 72 | Kohinoor Auto Rice Ltd. | Corporate | 16-Feb-17 | BBB- | 15-Feb-18 | ST-3 |
| 73 | The Cox Today Limited | Corporate | 20-Feb-17 | A- | 19-Feb-18 | ST-3 |
| 74 | M/S Rocky Enterprise | Corporate | 20-Feb-17 | BBB | 19-Feb-18 | ST-3 |
| 75 | Samia Ship Recycling Industries | Corporate | 20-Feb-17 | BBB- | 19-Feb-18 | ST-3 |
| 76 | Green Pack Woven Fabrics Ltd. (Baby Diaper Manufacturing Unit) | Corporate | 23-Feb-17 | BBB | 22-Feb-18 | ST-3 |
| 77 | Loma Engineering Limited | Corporate | 23-Feb-17 | A | 22-Feb-18 | ST-2 |
| 78 | Elaine Apparels Limited | Corporate | 26-Feb-17 | BBB | 25-Feb-18 | ST-3 |
| 79 | Dhaka Far-East Ltd. | Corporate | 26-Feb-17 | BBB | 25-Feb-18 | ST-3 |
| 80 | Wisteria Textiles Limited | Corporate | 26-Feb-17 | BB | 25-Feb-18 | ST-4 |
| 81 | Abdullah Foods Limited | PF | 27-Feb-17 | BBB | 26-Feb-18 | ST-3 |
| 82 | Nabil Textile Mills Ltd. | Corporate | 27-Feb-17 | BBB+ | 26-Feb-18 | ST-3 |
| 83 | Medicon Pharmanceuticals Ltd. | Corporate | 27-Feb-17 | BBB+ | 26-Feb-18 | ST-3 |
| 84 | Patenga Packaging & Accessories Industries Ltd | Corporate | 28-Feb-17 | BBB | 27-Feb-18 | ST-3 |
| 85 | Caesar Apparels Ltd. | Corporate | 28-Feb-17 | A- | 27-Feb-18 | ST-3 |
| 86 | Manzur Trading Co. Ltd | Corporate | 28-Feb-17 | BBB+ | 27-Feb-18 | ST-3 |
| 87 | M/S Mohammed Ali Sowdagar | Corporate | 28-Feb-17 | BBB+ | 27-Feb-18 | ST-3 |
| 88 | M/S Excellence Trading | Corporate | 28-Feb-17 | BBB+ | 27-Feb-18 | ST-3 |
| 89 | Mars Textile limited | Corporate | 1-Mar-17 | A | 28-Feb-18 | ST-2 |
| 90 | M.S Dyeing, Printing & Finishing | Corporate | 2-Mar-17 | BBB | 1-Mar-18 | ST-3 |
| 91 | Crystal Composite Ltd. | Corporate | 5-Mar-17 | BBB+ | 4-Mar-18 | ST-3 |
| 92 | Protec Power System | Corporate | 8-Mar-17 | BBB | 7-Mar-18 | ST-3 |
| 93 | M/S Orient Computers | Corporate | 8-Mar-17 | A- | 7-Mar-18 | ST-3 |
| 94 | M/S Ahona Auto Rice Mill & Its sister Concern | Corporate | 8-Mar-17 | BBB+ | 7-Mar-18 | ST-3 |
| 95 | Hill Bello Resort Ltd. | Corporate | 8-Mar-17 | BBB | 7-Mar-18 | ST-3 |
| 96 | Paramount Textile Limited | Corporate | 9-Mar-17 | A+ | 8-Mar-18 | ST-2 |
| 97 | Dhaka Hide & Skins Limited | Corporate | 9-Mar-17 | BBB+ | 8-Mar-18 | ST-3 |
| 98 | Green Dot Ltd. | Corporate | 9-Mar-17 | BBB+ | 8-Mar-18 | ST-3 |
| 99 | ABM Water Company | Corporate | 9-Mar-17 | A | 8-Mar-18 | ST-3 |
| 100 | M/S M.A.Khaleque Filling Station | Corporate | 9-Mar-17 | BBB | 8-Mar-18 | ST-3 |
| 101 | Sharif Home Appliances Limited | Corporate | 12-Mar-17 | A | 11-Mar-18 | ST-2 |
| 102 | Meghla Flour Mills (Pvt.) Ltd. | Corporate | 12-Mar-17 | BBB- | 11-Mar-18 | ST-3 |
| 103 | M/S Doyal Vander Agro | Corporate | 12-Mar-17 | BBB | 11-Mar-18 | ST-3 |
| 104 | M/S A.K. Refat & Sons Filling Station | Corporate | 12-Mar-17 | BBB+ | 11-Mar-18 | ST-3 |
| 105 | Nabil Cold Storage | Corporate | 13-Mar-17 | BBB | 12-Mar-18 | ST-3 |
| 106 | Sarker Brothers Filling Station | Corporate | 13-Mar-17 | BBB+ | 12-Mar-18 | ST-3 |
| 107 | M/S Agrani Agro Complex | Corporate | 13-Mar-17 | BBB | 12-Mar-18 | ST-3 |
| 108 | Bangladesh House International | Corporate | 13-Mar-17 | BBB | 12-Mar-18 | ST-3 |
| 109 | Social Advancement Through Unity | NGO | 14-Mar-17 | BBB+ | 13-Mar-18 | ST-3 |
| 110 | Criterion Developers Limited | Corporate | 16-Mar-17 | AA- | 15-Mar-18 | ST-2 |
| 111 | Shahriar Steel Mill | Corporate | 16-Mar-17 | A+ | 15-Mar-18 | ST-2 |
| 112 | M/S Azad Saw Mill & Timber Traders | Corporate | 16-Mar-17 | BBB- | 15-Mar-18 | ST-3 |
| 113 | Endeavour | NGO | 19-Mar-17 | BBB+ | 18-Mar-18 | ST-3 |
| 114 | Fully Redeemable, Non-Convertible, Unsecured Subordinated Bond 3 Issued by Trust Bank | bond | 21-Mar-17 | AA- | 20-Mar-18 | N/A |
| 115 | Tajarat Feed Mills Ltd. | Corporate | 21-Mar-17 | BBB | 20-Mar-18 | ST-3 |
| 116 | M/S Senu Miah Textile | Corporate | 21-Mar-17 | BBB | 20-Mar-18 | ST-3 |
| 117 | Metco Dairy Farm Limited | Corporate | 22-Mar-17 | BBB | 21-Mar-18 | ST-3 |
| 118 | Rony Dyeing & Finishing Mills (Pvt.) Ltd. | Corporate | 23-Mar-17 | BBB | 22-Mar-18 | ST-3 |
| 119 | Bengal Electronic Ltd. | Corporate | 23-Mar-17 | A- | 22-Mar-18 | ST-3 |
| 120 | AG Agro Food Ltd. | Corporate | 23-Mar-17 | BBB | 22-Mar-18 | ST-3 |
| 121 | Mamata Dairy & Food Products Limited | Corporate | 28-Mar-17 | A- | 27-Mar-18 | ST-3 |
| 122 | Evergreen Packaging & Accessories Ltd. | Corporate | 28-Mar-17 | BBB | 27-Mar-18 | ST-3 |
| 123 | Surakkha Hospital Limited | Project Finance | 28-Mar-17 | BBB | 27-Mar-18 | ST-3 |
| 124 | Faisal Spinning Mills Limited | Corporate | 28-Mar-17 | A | 27-Mar-18 | ST-2 |
| 125 | Tejarat Health Care Marketing Ltd. | Corporate | 29-Mar-17 | BBB+ | 28-Mar-18 | ST-3 |
| 126 | Shah Alam Enterprise | Corporate | 29-Mar-17 | BBB+ | 28-Mar-18 | ST-3 |
| 127 | Essential Polymer (Pet) Limited | Project Finance | 29-Mar-17 | BBB | 28-Mar-18 | ST-3 |
| 128 | Tejarat Animal Care Ltd. | Corporate | 30-Mar-17 | BBB+ | 29-Mar-18 | ST-3 |
| 129 | Bangladesh Army University of Engineering & Technology | University | 30-Mar-17 | BBB | 29-Mar-18 | ST-3 |
| 130 | M/S Bhai Bhai Rice Mill | Corporate | 30-Mar-17 | BBB | 29-Mar-18 | ST-3 |