Alpha Credit Rating Ltd

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

(Alpha Credit Rating Limited)

(2nd Quarter 2025)

01 April 2025 to 30 June 2025

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
Meghna Bank PLC	Bank	Surveillance	Entity	Q2	2025-06-23	AA+	2026-06-22	ST-2	2026-06-22	Stable
Citizens Bank PLC	Bank	Initial	Entity	Q2	2025-06-30	A	2026-06-29	ST-3	2026-06-29	Stable
Woori Bank Bangladesh Branches	Bank	Initial	Entity	Q2	2025-06-30	AAA	2026-06-29	ST-1	2026-06-29	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.

QUARTERLY CREDIT RATING REPORT

(Alpha Credit Rating Limited)

DHAKA OFFICE

CHITTAGONG OFFICE