QUARTERLY CREDIT RATING REPORT
(Alpha Credit Rating Limited)
(Fourth Quarter, 2017)
01 October 2017 to 31 December 2017
| SL. No. | Name of Company | Type of Company | Rating Date | Long Term Rating | Expiry Date | Short Term Rating |
|---|---|---|---|---|---|---|
| 1 | Saimax Leather Products Limited | Corporate | 2-Oct-17 | BBB | 1-Oct-18 | ST-3 |
| 2 | Modele De Capital Ind. Ltd | Corporate | 4-Oct-17 | A | 3-Oct-18 | ST-2 |
| 3 | S.M. Cartoon & Accessories | Corporate | 4-Oct-17 | BBB+ | 3-Oct-18 | ST-3 |
| 4 | M/S Islam Semi Auto Rice | Corporate | 5-Oct-17 | BBB | 4-Oct-18 | ST-3 |
| 5 | AG Green Property Development Limited | Corporate | 8-Oct-17 | BBB+ | 7-Oct-18 | ST-3 |
| 6 | Mollah Automatic Rice Mills (Pvt) Ltd. | Corporate | 9-Oct-17 | BBB+ | 8-Oct-18 | ST-3 |
| 7 | Srinagar Cold Storage Limited | Corporate | 9-Oct-17 | A- | 8-Oct-18 | ST-3 |
| 8 | Thermax Spinning Mills Limited | Corporate | 10-Oct-17 | BBB- | 9-Oct-18 | ST-3 |
| 9 | Thermax Textile Mills Limited | Corporate | 10-Oct-17 | BBB | 9-Oct-18 | ST-3 |
| 10 | Padma Satel Arab Fashions Limited | Corporate | 10-Oct-17 | BBB | 9-Oct-18 | ST-3 |
| 11 | IIDFC Capital Ltd. | Corporate | 11-Oct-17 | A | 10-Oct-18 | ST-3 |
| 12 | Bangladesh Development Bank Limited | Bank | 11-Oct-17 | A- | 10-Oct-18 | ST-3 |
| 13 | Hira Biscuit (Private) Ltd. | Corporate | 12-Oct-17 | BBB+ | 11-Oct-18 | ST-3 |
| 14 | Desh General Insurance Company Limited | Non life | 15-Oct-17 | A+ | 14-Oct-18 | ST-3 |
| 15 | M/S Amin Auto Rice Industries | Corporate | 15-Oct-17 | BBB+ | 14-Oct-18 | ST-3 |
| 16 | M/S A & E International & its sister concerns M/S BB Telecom, M/S Surovi Associates, M/S BB Vigilance & M/S BB Finance | Corporate | 16-Oct-17 | A- | 15-Oct-18 | ST-3 |
| 17 | Page Development Centre | NGO | 17-Oct-17 | A- | 16-Oct-18 | ST-2 |
| 18 | JMI Hospital Requisite Ltd. | Corporate | 17-Oct-17 | A+ | 16-Oct-18 | ST-2 |
| 19 | Urmee Knitwear Limited | Corporate | 17-Oct-17 | BB | 16-Oct-18 | ST-5 |
| 20 | M/S Shajinaz EximPack Limited | Corporate | 17-Oct-17 | A | 16-Oct-18 | ST-2 |
| 21 | MTS Garments Ltd. | Corporate | 17-Oct-17 | BBB | 16-Oct-18 | ST-3 |
| 22 | A.B Woven Bag Industries Ltd. | Corporate | 17-Oct-17 | A- | 16-Oct-18 | ST-3 |
| 23 | Suruj Miah Textile Mills | Corporate | 18-Oct-17 | BBB+ | 17-Oct-18 | ST-3 |
| 24 | Eminence Chemical Industries Limited | Corporate | 18-Oct-17 | A- | 17-Oct-18 | ST-3 |
| 25 | Dhaka High Tech Automation Ltd. | Project Finance | 19-Oct-17 | BBB | 18-Oct-18 | ST-3 |
| 26 | Petra Synthetics Ltd. | Corporate | 22-Oct-17 | BBB | 21-Oct-18 | ST-3 |
| 27 | Jassika Trade International Ltd | Corporate | 22-Oct-17 | BBB | 21-Oct-18 | ST-3 |
| 28 | RNP Export & Import Ltd. | Corporate | 23-Oct-17 | BBB+ | 22-Oct-18 | ST-3 |
| 29 | Mahmuda Hai Chemi Ltd. | Corporate | 23-Oct-17 | BBB | 22-Oct-18 | ST-3 |
| 30 | Escort Hospital Ltd. | Corporate | 23-Oct-17 | BBB- | 22-Oct-18 | ST-4 |
| 31 | Janata Insurance Company Limited | Non-Life | 25-Oct-17 | A | 24-Oct-18 | ST-3 |
| 32 | Mamico Tech Limited | Corporate | 25-Oct-17 | BBB+ | 24-Oct-18 | ST-3 |
| 33 | Kutir Nirman Kousholi Limited | Corporate | 25-Oct-17 | BBB+ | 24-Oct-18 | ST-3 |
| 34 | Mamico Limited | Corporate | 26-Oct-17 | A- | 25-Oct-18 | ST-3 |
| 35 | M/S H.T. Power Engineering | Corporate | 29-Oct-17 | BBB | 28-Oct-18 | ST-3 |
| 36 | M/S Khan Traders | 30-Oct-17 | 29-Oct-18 | |||
| 37 | Taci Gold Agro Ltd. | Corporate | 30-Oct-17 | BBB- | 29-Oct-18 | ST-3 |
| 38 | GBB Limited | Corporate | 31-Oct-17 | BB | 30-Oct-18 | ST-4 |
| 39 | M/S Rina Enterprise | Corporate | 31-Oct-17 | BBB | 30-Oct-18 | ST-3 |
| 40 | Beach Auto Rice Mill Industries Limited | Corporate | 2-Nov-17 | BBB | 1-Nov-18 | ST-3 |
| 41 | Three Star Fabrics (pvt) Limited | Corporate | 2-Nov-17 | BBB+ | 1-Nov-18 | ST-3 |
| 42 | M/S G.M. Trading Corporation & M/S Labib Corporation | Corporate | 5-Nov-17 | BB- | 4-Nov-18 | ST-4 |
| 43 | BKS Apparels Limited | Corporate | 5-Nov-17 | BBB | 4-Nov-18 | ST-3 |
| 44 | A.S.M Industries Limited' | Corporate | 5-Nov-17 | BBB | 4-Nov-18 | ST-3 |
| 45 | Meghna Fabrics Industries Limited | Corporate | 5-Nov-17 | BBB | 4-Nov-18 | ST-3 |
| 46 | GBB Power Ltd. | Corporate | 6-Nov-17 | AA | 5-Nov-18 | ST-1 |
| 47 | M/S T & A Technology | Corporate | 6-Nov-17 | BBB | 5-Nov-18 | ST-3 |
| 48 | Daffodil Knit Fabrics Limited | Corporate | 6-Nov-17 | BBB | 5-Nov-18 | ST-3 |
| 49 | Christian Service Society | NGO | 6-Nov-17 | A | 5-Nov-18 | ST-3 |
| 50 | M/S Bearing Sales Corporation | Corporate | 7-Nov-17 | BBB+ | 6-Nov-18 | ST-3 |
| 51 | Naheed Feed Mills Ltd | Corporate | 7-Nov-17 | BBB | 6-Nov-18 | ST-3 |
| 52 | Purbasha Composite Tex Ltd. | Corporate | 7-Nov-17 | BBB | 6-Nov-18 | ST-3 |
| 53 | Kingshuk Bahumukhi Somobay Somity Ltd. | NGO | 7-Nov-17 | A- | 6-Nov-18 | ST-2 |
| 54 | Dak Diye Jai | Corporate | 8-Nov-17 | A- | 7-Nov-18 | ST-3 |
| 55 | Madina Trading Corporation (Pvt.) Ltd. | Corporate | 9-Nov-17 | BBB+ | 8-Nov-18 | ST-3 |
| 56 | Madina Fruits Center | Corporate | 9-Nov-17 | BBB | 8-Nov-18 | ST-3 |
| 57 | Madina Fruits Limited | Corporate | 9-Nov-17 | BBB | 8-Nov-18 | ST-3 |
| 58 | M/S Tuhin Bricks Traders & its sister concern M/S Zihan Bricks Traders | 12-Nov-17 | 11-Nov-18 | |||
| 59 | Development Organisation of Rural People | NGO | 12-Nov-17 | BBB | 11-Nov-18 | ST-3 |
| 60 | Arab Apparel Industries Limited | Corporate | 13-Nov-17 | BBB | 12-Nov-18 | ST-3 |
| 61 | Highspeed Shipbuilding & Engineering Co. Ltd. | Corporate | 13-Nov-17 | A | 12-Nov-18 | ST-2 |
| 62 | Rangdhanu Spinning Mills Limited | Corporate | 14-Nov-17 | BBB | 13-Nov-18 | ST-3 |
| 63 | Phoenix Spinning Mills | Corporate | 14-Nov-17 | BBB+ | 13-Nov-18 | ST-3 |
| 64 | Fair Distribution Limited | Corporate | 14-Nov-17 | A | 13-Nov-18 | ST-2 |
| 65 | Bengal Biscuit Limited | Corporate | 15-Nov-17 | BBB+ | 14-Nov-18 | ST-3 |
| 66 | JMI Syringes & Medical Devices Limited | Corporate | 16-Nov-17 | A+ | 15-Nov-18 | ST-2 |
| 67 | Unicorn Freight Services Limited | Corporate | 16-Nov-17 | BBB | 15-Nov-18 | ST-3 |
| 68 | Sea Wheel Ltd. | Corporate | 16-Nov-17 | BBB | 15-Nov-18 | ST-3 |
| 69 | Powermann Bangladesh Limited | Corporate | 17-Nov-17 | A | 16-Nov-18 | ST-3 |
| 70 | SBC Securities & Investment Limited | Securities | 19-Nov-17 | A | 18-Nov-18 | ST-2 |
| 71 | Shaarat Fashion Wear Ltd. | Corporate | 19-Nov-17 | BBB | 18-Nov-18 | ST-3 |
| 72 | JMI Industrisl Gas Ltd. | Corporate | 19-Nov-17 | A | 18-Nov-18 | ST-2 |
| 73 | The Farmers Bank Limited | Bank | 20-Nov-17 | A- | 19-Nov-18 | ST-3 |
| 74 | BDT 5000 million Variable Coupon Rate of The Farmers Bank Prosperity Bond-2017 | Bond | 20-Nov-17 | A- | 19-Nov-18 | |
| 75 | M/S Sadia Traders | Corporate | 20-Nov-17 | BBB | 19-Nov-18 | ST-3 |
| 76 | M/S Adil Corporation | Corporate | 20-Nov-17 | BBB | 19-Nov-18 | ST-3 |
| 77 | S.Alam & Company | Corporate | 20-Nov-17 | BBB | 19-Nov-18 | ST-3 |
| 78 | Deshi Consumer Products Ltd. | Corporate | 20-Nov-17 | BBB+ | 19-Nov-18 | ST-3 |
| 79 | Jupiter Readymade Garments Limited | Corporate | 20-Nov-17 | BBB | 19-Nov-18 | ST-3 |
| 80 | Dakhina Real Estate (Pvt.) Limited | Corporate | 22-Nov-17 | BBB | 21-Nov-18 | ST-3 |
| 81 | M/S Grameen Agro Auto Rice Mills | Corporate | 23-Nov-17 | BBB | 22-Nov-18 | ST-3 |
| 82 | M/S Gulshan Bostro Bitan | Corporate | 23-Nov-17 | BBB+ | 22-Nov-18 | ST-3 |
| 83 | BDBL Securities Limited | Securities | 23-Nov-17 | A- | 22-Nov-18 | ST-2 |
| 84 | Aftabunnesa Garments Ltd. | Corporate | 23-Nov-17 | BB | 22-Nov-18 | ST-4 |
| 85 | Unique Woven Bag Industries Ltd. | Corporate | 23-Nov-17 | BBB | 22-Nov-18 | ST-4 |
| 86 | Shopan Plastic Industries Limited | Corporate | 23-Nov-17 | A- | 22-Nov-18 | ST-3 |
| 87 | Golden Jute Indusries Limited | Corporate | 26-Nov-17 | BBB | 25-Nov-18 | ST-3 |
| 88 | Al Haz Mostafa Hakim Cement Industries Ltd | Corporate | 27-Nov-17 | BBB+ | 26-Nov-18 | ST-3 |
| 89 | M/S B S Leather Complex | Corporate | 27-Nov-17 | BBB | 26-Nov-18 | ST-3 |
| 90 | SKPF (Pvt.) Limited | Corporate | 28-Nov-17 | BBB | 27-Nov-18 | ST-3 |
| 91 | Alliance Holdings Limited | Corporate | 28-Nov-17 | A | 27-Nov-18 | ST-2 |
| 92 | Bangladesh Crown Italian Terazzo Works | Corporate | 28-Nov-17 | BBB | 27-Nov-18 | ST-3 |
| 93 | Sagarika Samaj Unnayan Sangstha | Corporate | 28-Nov-17 | BBB | 27-Nov-18 | ST-3 |
| 94 | V-Teac Fashion (Pvt) Limited | Corporate | 29-Nov-17 | A- | 28-Nov-18 | ST-3 |
| 95 | M/S Rakib Textile Mills | Corporate | 29-Nov-17 | BBB+ | 28-Nov-18 | ST--3 |
| 96 | Pesh Accessories Limited | Corporate | 29-Nov-17 | BBB | 28-Nov-18 | ST-3 |
| 97 | Orion Power Rupsha Ltd. | Structured Finance | 29-Nov-17 | BBB+ | 28-Nov-18 | ST-3 |
| 98 | Corbel International Ltd. | Corporate | 29-Nov-17 | A | 28-Nov-18 | ST-2 |
| 99 | BioPharma Ltd. | Corporate | 29-Nov-17 | A | 28-Nov-18 | ST-2 |
| 100 | Shirin Spinning Mills Limited | Corporate | 29-Nov-17 | A | 28-Nov-18 | ST-2 |
| 101 | Golden Container Ltd. | Corporate | 30-Nov-17 | BBB+ | 29-Nov-18 | ST-3 |
| 102 | Fabian Multiplex Industries Limited | Corporate | 30-Nov-17 | A- | 29-Nov-18 | ST-2 |
| 103 | Dipon Gas Company Limited | Corporate | 30-Nov-17 | AA | 29-Nov-18 | ST-1 |
| 104 | Dipon Infrastructure Services Limited | Corporate | 30-Nov-17 | AA- | 29-Nov-18 | ST-2 |
| 105 | Petroleum Products Ltd. | Corporate | 3-Dec-17 | BBB+ | 2-Dec-18 | ST-3 |
| 106 | M/S Meherun Nesa Auto Rice Mill | Corporate | 3-Dec-17 | BBB | 2-Dec-18 | ST-3 |
| 107 | Shaya Apparel Ltd. | Corporate | 3-Dec-17 | BBB | 2-Dec-18 | ST-3 |
| 108 | M/S World Trade & its sister concerns | Corporate | 3-Dec-17 | BBB+ | 2-Dec-18 | ST-3 |
| 109 | Agrani Bank Limited | Bank | 4-Dec-17 | A- | 3-Dec-18 | ST-3 |
| 110 | SF Agro Industries (Pvt) Ltd. | Corporate | 4-Dec-17 | BBB+ | 3-Dec-18 | ST-3 |
| 111 | M/S Shah Traders | Corporate | 5-Dec-17 | A- | 4-Dec-18 | ST-2 |
| 112 | Heaven House BD Limited | Corporate | 5-Dec-17 | BBB- | 4-Dec-18 | ST-3 |
| 113 | M/S Siam Traders | Corporate | 6-Dec-17 | A- | 5-Dec-18 | ST-2 |
| 114 | Phoenix Finance & Investments Limited | Financial Institute | 6-Dec-17 | A+ | 5-Dec-18 | ST-2 |
| 115 | Steelcore Ltd. | project finance | 6-Dec-17 | BBB | 5-Dec-18 | ST-3 |
| 116 | Haji Saber Ahmed Timber Co. Ltd. | Corporate | 6-Dec-17 | BBB | 5-Dec-18 | ST-3 |
| 117 | Green Valley Park Ltd. | Corporate | 6-Dec-17 | BBB | 5-Dec-18 | ST-3 |
| 118 | International Dekuan (Bangladesh Co Ltd.) | Corporate | 6-Dec-17 | BBB | 5-Dec-18 | ST-3 |
| 119 | Prilink Securities Limited | Corporate | 6-Dec-17 | BBB | 5-Dec-18 | ST-3 |
| 120 | S.Alam Cold Rolled Steel Limited | Corporate | 7-Dec-17 | A+ | 6-Dec-18 | ST-3 |
| 121 | Titas Food Products Ltd. | Corporate | 7-Dec-17 | BBB+ | 6-Dec-18 | ST-3 |
| 122 | Kid Leather Industry Limited | Corporate | 7-Dec-17 | BBB | 6-Dec-18 | ST-3 |
| 123 | Securex (Pvt) Limited | Corporate | 7-Dec-17 | A | 6-Dec-18 | ST-2 |
| 124 | Agrani Bank 1st Subordinated Bond Issued by Agrani Bank Limited | Bond | 10-Dec-17 | BBB+ | 9-Dec-18 | |
| 125 | Mercantile Bank 2nd Subordinated Bond Issued By Mercantile Bank Limited | Bond | 10-Dec-17 | AA- | 9-Dec-18 | |
| 126 | M/S Seraphic Associate | Corporate | 10-Dec-17 | BBB | 9-Dec-18 | ST-3 |
| 127 | M/S Kingwood | Corporate | 10-Dec-17 | BBB | 9-Dec-18 | ST-3 |
| 128 | M/S Noor Nabi Mojumder | Corporate | 10-Dec-17 | BBB | 9-Dec-18 | ST-3 |
| 129 | Madina Polymer Industries Limited | Corporate | 10-Dec-17 | BBB+ | 9-Dec-18 | ST-3 |
| 130 | N Ahmed Agro Feed Mills Limited | Corporate | 11-Dec-17 | BBB | 10-Dec-18 | ST-3 |
| 131 | Transbangla Ocean Carries Ltd. | Corporate | 11-Dec-17 | BBB | 10-Dec-18 | ST-3 |
| 132 | AB Investment Limited | Securities | 12-Dec-17 | A | 11-Dec-18 | ST-2 |
| 133 | Asian Dredgers Limited | Corporate | 12-Dec-17 | BB- | 11-Dec-18 | ST-5 |
| 134 | M/S Rahmat & Co | Corporate | 12-Dec-17 | BBB- | 11-Dec-18 | ST-3 |
| 135 | Velox Agencies Limited | Corporate | 12-Dec-17 | BBB- | 11-Dec-18 | ST-4 |
| 136 | M/S Abdul Halim & Brothers | Corporate | 12-Dec-17 | BBB+ | 11-Dec-18 | ST-3 |
| 137 | M/S Leeu Fashion Limited | Corporate | 13-Dec-17 | BBB+ | 12-Dec-18 | ST-3 |
| 138 | M M Jute Fibres Industries Ltd. | Corporate | 13-Dec-17 | BBB+ | 12-Dec-18 | ST-3 |
| 139 | Pran Foods Limited | Corporate | 13-Dec-17 | A- | 12-Dec-18 | ST-3 |
| 140 | AB Securities Limited | Securities | 13-Dec-17 | A- | 12-Dec-18 | ST-2 |
| 141 | J.C Trading Company | Corporate | 13-Dec-17 | BBB | 12-Dec-18 | ST-3 |
| 142 | Pioneer Insurance Company Limited | Non Life | 14-Dec-17 | AAA | 11-Dec-18 | ST-1 |
| 143 | Kanika Commercial Ltd. | project finance | 14-Dec-17 | BBB | 13-Dec-18 | ST-3 |
| 144 | Majib Fashions Limited | Corporate | 14-Dec-17 | BBB+ | 13-Dec-18 | ST-3 |
| 145 | S. Alam Super Edible Oil Limited | Corporate | 14-Dec-17 | BBB+ | 13-Dec-18 | ST-3 |
| 146 | Shepherd Industries Limited | Corporate | 17-Dec-17 | BBB- | 16-Dec-18 | ST-4 |
| 147 | Padma Dredgers Limited | Corporate | 17-Dec-17 | BBB | 16-Dec-18 | ST-3 |
| 148 | Superior Leather Industry Limited | Corporate | 17-Dec-17 | BBB | 16-Dec-18 | ST-3 |
| 149 | City Brokerage Limited | Securities | 17-Dec-17 | A- | 16-Dec-18 | ST-3 |
| 150 | M/S Haque Engineering Works | Corporate | 17-Dec-17 | BBB | 16-Dec-18 | ST-3 |
| 151 | M/S Knit Synidicate | Corporate | 18-Dec-17 | BBB | 17-Dec-18 | ST-3 |
| 152 | Aeromate Services Limited | Corporate | 18-Dec-17 | BBB+ | 17-Dec-18 | ST-3 |
| 153 | K A Design Limited | Corporate | 19-Dec-17 | BBB+ | 18-Dec-18 | ST-3 |
| 154 | M M Spinning Mills Ltd. | Corporate | 20-Dec-17 | A- | 19-Dec-18 | ST-3 |
| 155 | Navana Engineering Ltd. | Corporate | 20-Dec-17 | A- | 19-Dec-18 | ST-2 |
| 156 | Samannita Jono kallyan Kendra | Corporate | 21-Dec-17 | BBB | 20-Dec-18 | ST-3 |
| 157 | J.S Accessories Limited | Corporate | 21-Dec-17 | BB+ | 20-Dec-18 | ST-3 |
| 158 | Excellent Ceramic Industries Ltd. | Corporate | 21-Dec-17 | BBB+ | 20-Dec-18 | ST-3 |
| 159 | M/S Islam Traders | Corporate | 21-Dec-17 | BBB+ | 20-Dec-18 | ST-3 |
| 160 | Agrotech International Limited | Corporate | 21-Dec-17 | A- | 20-Dec-18 | ST-3 |
| 161 | Narayangonj Engineering & Shipbuilding Limited | Corporate | 21-Dec-17 | BBB | 20-Dec-18 | ST-3 |
| 162 | Farseeing Knit Composit Limited | Corporate | 21-Dec-17 | A- | 20-Dec-18 | ST-3 |
| 163 | Good Day Apparel Ltd. | Corporate | 21-Dec-17 | BBB | 20-Dec-18 | ST-3 |
| 164 | Voyager Apparels Ltd. | Corporate | 21-Dec-17 | BBB+ | 20-Dec-18 | ST-3 |
| 165 | Dolphin Brothers Limited | Corporate | 24-Dec-17 | BBB | 23-Dec-18 | ST-3 |
| 166 | Araf Weaving & Dyeing Limited | Corporate | 24-Dec-17 | BBB | 23-Dec-18 | ST-3 |
| 167 | M/S Raju Enterprise | Corporate | 26-Dec-17 | BBB+ | 25-Dec-18 | ST-3 |
| 168 | Salma Cold Storage Pvt Ltd. | Corporate | 26-Dec-17 | BBB | 25-Dec-18 | ST-3 |
| 169 | AG Hi Tech Limited | Corporate | 26-Dec-17 | BBB | 25-Dec-18 | ST-3 |
| 170 | H.M.Steel & Industry Limited | Corporate | 26-Dec-17 | BBB+ | 25-Dec-18 | ST-3 |
| 171 | Fully Redeemable, Non- Convertible, Unsecured Subordinated Bond 2 | Bond | 27-Dec-17 | AA- | 26-Dec-18 | |
| 172 | Sena Kalyan Sangshta | Corporate | 27-Dec-17 | AA- | 26-Dec-18 | ST-2 |
| 173 | Green Agency Trading Limited | Corporate | 27-Dec-17 | BBB+ | 26-Dec-18 | ST-3 |
| 174 | M/S Sarker Brothers Filling Station | Corporate | 27-Dec-17 | BBB+ | 26-Dec-18 | ST-3 |
| 175 | Mundipharma (Bangladesh) Pvt. Ltd. | Corporate | 27-Dec-17 | BBB | 26-Dec-18 | ST-3 |
| 176 | M/S Brothers Furniture Ltd. | Corporate | 27-Dec-17 | BBB | 26-Dec-18 | ST-3 |
| 177 | Blue Planet Knitwear Ltd. | Corporate | 28-Dec-17 | A | 27-Dec-18 | ST-2 |
| 178 | Interloop BD Limited | Corporate | 28-Dec-17 | BBB+ | 27-Dec-18 | ST-3 |
| 179 | Shohag Timber International (Pvt) Ltd. | Corporate | 28-Dec-17 | BBB+ | 27-Dec-18 | ST-3 |
| 180 | State Bank of India Bangladesh Operation | Bank | 28-Dec-17 | AA | 27-Dec-18 | ST-2 |
| 181 | Hasan Pulp & Paper Mills Ltd. | Corporate | 28-Dec-17 | BBB | 27-Dec-18 | ST-3 |
| 182 | IPE Technologies Ltd. | Corporate | 28-Dec-17 | BBB | 27-Dec-18 | ST-3 |
| 183 | Sky Apparels Limited | Corporate | 28-Dec-17 | BBB | 27-Dec-18 | ST-3 |
| 184 | Sonali Associates & Properties Ltd. | Corporate | 29-Dec-17 | BBB+ | 28-Dec-18 | ST-3 |
| 185 | Disney Sweater Limited | Corporate | 30-Dec-17 | A- | 26-Dec-18 | ST-3 |
| 186 | Banga Dredgers Ltd. | Corporate | 30-Dec-17 | BBB | 29-Dec-18 | ST-3 |
| 187 | Rangpur Army Medical College | Corporate | 30-Dec-17 | A- | 29-Dec-18 | ST-3 |
| 188 | Web Coats Ltd | Corporate | 31-Dec-17 | BBB- | 30-Dec-18 | ST-4 |