+8801975-001168 +8801712-335622 +8801939-906668 info@alpharating.com.bd
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Press Release :

AlphaRating has announced the bond rating of A in favor of "BDT 4,000 Million Mudaraba Subordinated Bond" issued by Union Bank PLC with a stable outlook as on 03rd March, 2024 AlphaRating has announced the long term rating of A & short term rating of ST-2 in favor of MIDAS Financing Limited with a stable outlook as on 13th November, 2023 AlphaRating has announced the bond rating of AA+ in favor of IBBL 2nd Perpetual Mudaraba Bond issued by Islami Bank Bangladesh PLC with a stable outlook as on 29th August, 2023 AlphaRating has announced the long term rating of AA+ & short term rating of ST-1 in favor of Asia Pacific General Insurance Company Limited with a stable outlook as on 20th August, 2023 AlphaRating has announced the long term rating of AA- & short term rating of ST-2 in favor of Purabi General Insurance Company Limited with a stable outlook as on 14th August, 2023

QUARTERLY CREDIT RATING REPORT

(Alpha Credit Rating Limited)

(3rd Quarter 2024)

01 July 2024 to 30 September 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
State Bank of India Bangladesh Operations Bank Surveillance Entity Q3 7/11/24 AAA 5/31/25 ST-1 5/31/25 Stable
NCC Bank Non Convertible Subordinated Bond Bond Surveillance Instrument Rating Q3 7/11/24 AA 6/22/25 NA 6/22/25 Stable
Genex Infosys Convertible Redeemable Bond Bond Surveillance Instrument Rating Q3 7/24/24 A+ 7/23/25 NA 7/23/25 Stable
BDT 4000 million floating rate redeemable nonconvertible unsecured subordinated bond VI issued by Trust Bank Limited Bond Surveillance Instrument Rating Q3 7/31/24 AA 6/13/25 NA 6/13/25 Stable
Agrani Bank PLC Bank Surveillance Entity Q3 8/13/24 A+ 7/25/25 ST-2 7/25/25 Stable
Bangladesh Krishi Bank Bank Surveillance Entity Q3 9/5/24 B+ 6/21/25 ST-5 6/21/25 Stable

DHAKA OFFICE

Sadharan Bima Bhaban-2 (2nd & 8th Floor), 139 Motijheel C/A, Dhaka-1000. Tel: +880-2-223353025-28 Cell: +8801975-001168 +8801712-335622 +8801939-906668 Email: info@alpharating.com.bd

CHITTAGONG OFFICE

Ilias Mansion, 1309, (2nd Floor), Gol Paharer More, O. R. Nizam Road, Panchlaish, Chattogram.

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