QUARTERLY CREDIT RATING REPORT
(Alpha Credit Rating Limited)
(2nd Quarter 2024)
01 April 2024 to 30 June 2024
| 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 |
| City Auto Rice and Dal Mills Limited Zero Coupon Bond | Bond | Surveillance | Instrument Rating | Q2 | 4/28/24 | AA | 2/8/25 | 2/8/25 | Stable | |
| Social Islami Bank PLC | Bank | Surveillance | Entity | Q2 | 5/16/24 | AA+ | 5/15/25 | ST-2 | 5/15/25 | Stable |
| PRAN Agro Bond II | Bond | Surveillance | Instrument Rating | Q2 | 5/29/24 | A+ | 5/28/25 | 5/28/25 | Stable | |
| SIBL 4th Mudaraba Subordinated Bond | Bond | Surveillance | Instrument Rating | Q2 | 5/30/24 | AA | 5/29/25 | 5/29/25 | Stable | |
| Global Islami Bank PLC | Bank | Surveillance | Entity | Q2 | 6/12/24 | AA- | 6/11/25 | ST-2 | 6/11/25 | Stable |
| Union Bank PLC | Bank | Surveillance | Entity | Q2 | 6/13/24 | A+ | 6/12/25 | ST-2 | 6/12/25 | Stable |
| Meghna Bank PLC | Bank | Surveillance | Entity | Q2 | 6/25/24 | AA | 6/24/25 | ST-2 | 6/24/25 | Stable |