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Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
Corporate and SME1 3M SME Surveillance CRAB-SE 4 - - - 12-Dec-20
2 7 Star Brick Field SME Initial Rating CRAB-SE 4 - - - 30-Mar-20
3 A & B Outwear Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 30-Jun-20
4 A & J International SME Surveillance CRAB-SE 4 - - - 04-Mar-20
5 A B Rice Mill SME Initial Rating CRAB-SE 4 - - - 28-Dec-20
6 A D Sons Marine Tech SME Initial Rating CRAB-SE 3 - - - 06-Mar-20
7 A H Corporation SME Initial Rating CRAB-SE 3 - - - 24-Apr-20
8 A H Enterprise Corporate Initial Rating - BB1(Lr) ST-4 - 06-Aug-20
9 A H Trading Corporation SME Surveillance CRAB-SE 3 - - - 26-Sep-20
10 A J C Poultry & Agrovet SME Initial Rating CRAB-ME 4 - - - 06-Feb-20
11 A K Engineering SME Initial Rating CRAB-SE 3 - - - 21-Aug-20
12 A Kashem Timber & Sawmill SME Surveillance CRAB-ME 3 - - - 14-Dec-20
13 A Khayer Auto Rice Mill Corporate Surveillance BBB3(pr)/SE 3 - - - 02-May-20
14 A M Associates SME Surveillance CRAB-SE 3 - - - 23-Dec-20
15 A M I And Company SME Surveillance CRAB-ME 2 - - - 22-Feb-20
16 A N Associates SME Initial Rating CRAB-SE 4 - - - 06-Aug-20
17 A One (BD) Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable 30-Jun-20
18 A parvez Chowdhury SME Surveillance CRAB-SE 4 - - - 13-Sep-20
19 A R Trading SME Initial Rating CRAB-SE 4 - - - 23-Jun-20
20 A Rahman & Brothers SME Initial Rating CRAB-SE 3 - - - 23-Jun-20
21 A Roshid Auto SME Initial Rating CRAB-SE 3 - - - 22-May-20
22 A S Bricks SME Surveillance CRAB-SE 4 - - - 28-Dec-20
23 A S Enterprise SME Surveillance CRAB-ME 2 - - - 23-Dec-20
24 A Tex International Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 10-May-20
25 A Z Leather -1 (SME) SME Initial Rating CRAB-SE 4 - - - 13-Jan-20
26 AA Knitspin Limited Corporate Surveillance - BBB3(Lr) - - 31-May-20
27 AA Synthetic Fibers Mills Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 31-Dec-20
28 AAA High Tech Industries Ltd. Corporate Initial Rating BBB2(pr) - - - 30-Jun-20
29 AAA Stone Tech Limited Corporate Initial Rating - BBB3(Lr) ST-3 - 28-May-20
30 AB & Brothers SME Surveillance CRAB-SE 4 - - - 27-Mar-20
31 AB Ceramic Industries Corporate Initial Rating - BBB1(Lr) ST-3 - 23-Dec-20
32 AB Glass Industries Corporate Initial Rating - BBB1(Lr) ST-3 - 23-Dec-20
33 Abashik Bastraloy and Afzal Shoe Store SME Surveillance CRAB-SE 3 - - - 01-May-20
34 Abbas Shopping Complex SME Surveillance CRAB-SE 3 - - - 26-Dec-20
35 Abbas Steel House SME Surveillance CRAB-ME 2 - - - 30-Jun-20
36 ABC Glass SME Initial Rating CRAB-SE 3 - - - 29-Jun-20
37 Abdul Ali Filling Station SME Surveillance CRAB-SE 3 - - - 11-Sep-20
38 Abdul Aziz & Brothers SME Initial Rating CRAB-SE 4 - - - 10-Dec-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation, Dr-Debenture Rating
* Short Term loans include both funded and non-funded limits.
39 Abdul Gani SME Initial Rating CRAB-SE 4 30-Dec-20
40 Abdul Gani Traders SME Initial Rating CRAB-SE 3 - - - 28-Dec-20
41 Abdul Latif Khan SME Initial Rating CRAB-SE 3 - - - 06-Nov-20
42 Abdul Sukkur Corporate Initial Rating - - ST-3 - 30-Jan-20
43 Abdullah Al Jarbowa Makkah Fillung Station SME Surveillance CRAB-SE 3 - - - 28-Jun-20
44 Abdullah and Sons SME Surveillance CRAB-SE 3 - - - 23-May-20
45 Abdullah Rice Mill Corporate Surveillance - BBB3(Lr) ST-3 - 06-Jul-20
46 Abdullah Store SME Initial Rating CRAB-SE 4 - - - 28-May-20
47 Abdullah Traders SME Initial Rating CRAB-SE 4 - - - 28-Jun-20
48 Abdur Razzak and Sons and Motsho Khamar SME Initial Rating CRAB-SE 4 - - - 23-Jan-20
** Entity ratings are valid till mentioned date; Loan ratings are valid up to limit expiry date of respective credit facilities or till mentioned date, whichever is earlier.
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
1
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
49 Abdur Razzaque SME Initial Rating CRAB-SE 4 - - - 13-Mar-20
50 Abdus Samad SME Surveillance CRAB-ME 3 - - - 15-Aug-20
51 Abejan Chaul Kal SME Surveillance CRAB-SE 2 - - - 10-Jun-20
52 Abid Enterprise SME Surveillance CRAB-SE 4 - - - 27-Nov-20
53 Abida Enterprise SME Initial Rating CRAB-SE 3 - - - 23-Dec-20
54 Abir Paribahan Sangstha Corporate Surveillance - - ST-3 - 30-Jun-20
55 Able Shipping Lines SME Initial Rating CRAB-ME 3 - - - 13-Nov-20
56 Abrar Traders SME Surveillance CRAB-SE 4 - - - 15-Nov-20
57 Absolute Quality Wear Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-4 Stable 05-Sep-20
58 Abu Nayem Enterprise SME Initial Rating CRAB-SE 4 - - - 13-Nov-20
59 Abu Toiyab Enterprise SME Surveillance CRAB-SE 3 - - - 31-Jul-20
60 Abul Hasan Enterprise SME Surveillance CRAB-SE 3 - - - 11-Sep-20
61 Abul Khair Ceramic Industries Ltd. Corporate Surveillance A1 A1(Lr) ST-2 Stable 30-Sep-20
62 Abul Khair Limited Corporate Surveillance AA1 AA1(Lr) ST-1 Stable 30-Jun-20
63 Abul Khair Steel Products Ltd. Corporate Surveillance AA1 AA1(Lr) ST-1 Stable 30-Jun-20
64 Access Trade International SME Surveillance CRAB-SE 4 - - - 10-Oct-20
65 Acme Traders SME Surveillance CRAB-SE 3 - - - 06-May-20
66 Adams Garments Ltd. Corporate Surveillance - BBB3(Lr) ST-4 - 07-Dec-20
67 Adarsha Agro International SME Surveillance CRAB-SE 4 - - - 23-May-20
68 Adex Corporation Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable 30-Jun-20
69 Adex Engineering Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable 30-Jun-20
70 Adhunik Poshak Shilpa Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 30-Jun-20
71 Adiba Apparels SME Initial Rating CRAB-SE 4 - - - 29-Sep-20
72 Adit Motor Cycle Gallery SME Initial Rating CRAB-SE 4 - - - 17-Dec-20
73 Adnan Stone Crusher SME Initial Rating CRAB-SE 4 - - - 10-Dec-20
74 Adoria Services SME Initial Rating CRAB-SE 4 - - - 28-Jun-20
75 Advance Animal Science Co. Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 30-Jun-20
76 Advanced Development & Tech. Ltd. Corporate Surveillance - B1(Lr) ST-5 - 31-Jul-20
77 Advanced Ready Mix Concrete Ind. Ltd. Corporate Surveillance - B1(Lr) ST-5 - 31-Jul-20
78 Advanced Technology & Ideas Ltd. Corporate Surveillance - B1(Lr) ST-5 - 31-Jul-20
79 Aegis Cotton Mills Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 15-Feb-20
80 Aegis Spinning Mills Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 15-Feb-20
81 Aftab Automobiles Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 28-Feb-20
82 Agradoot Traders Ltd. SME Surveillance CRAB-SE 3 - - - 12-Sep-20
83 Agrivision international SME Surveillance CRAB-SE 4 - - - 29-Jun-20
84 Agrocare Ltd. SME Initial Rating CRAB-SE 4 - - - 19-Feb-20
85 Agrotech Feeds Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 15-Feb-20
86 AH Khan & Co. and M/S Borak Filling Station & Service Center SME Initial Rating CRAB-SE 3 - - - 17-Dec-20
87 Ahad & Co SME Initial Rating CRAB-SE 4 - - - 28-Dec-20
88 Ahad Traders SME Surveillance CRAB-SE 4 - - - 25-Jan-20
89 Ahammed Traders SME Surveillance CRAB-SE 4 - - - 07-Mar-20
90 Ahasan Trading Co Ltd. SME Initial Rating CRAB-SE 4 - - - 17-Sep-20
91 Ahmed Enterprise SME Initial Rating CRAB-SE 3 - - - 29-Jun-20
92 Ahmedia Apartment & Developers Ltd. Corporate Surveillance BB1 BB1(Lr) - Stable 27-Sep-20
93 Ahmedia Enterprise Corporate Surveillance - BBB3(Lr) ST-3 - 29-Sep-20
94 Ahmedia Library SME Initial Rating CRAB-SE 3 - - - 20-Nov-20
95 Air Condition World SME Surveillance CRAB-SE 3 - - - 21-Aug-20
96 Air Galaxy Ltd. Corporate Surveillance - - ST-3 - 30-Sep-20
97 AITCO SME Surveillance CRAB-SE 4 - - - 26-Apr-20
98 AJ Fashions Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 31-Oct-20
99 Akanda Traders (Dhaka Bank) SME Initial Rating CRAB-SE 3 - - - 18-Jun-20
100 Akata Container Carrier Service SME Surveillance CRAB-ME 3 - - - 01-Aug-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
2
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
101 Akbor Traders SME Initial Rating CRAB-SE 3 - - - 16-Oct-20
102 Akco Industries and Cold Storage Ltd. Corporate Surveillance - A2(Lr) ST-2 - 30-Jun-20
103 Akhi Enterprise SME Surveillance CRAB-SE 4 - - - 14-Nov-20
104 Akhi International SME Initial Rating CRAB-ME 3 - - - 26-Jun-20
105 Akhond Textile Ltd. SME Surveillance CRAB-SE 3 - - - 30-Dec-20
106 Akkas Construction SME Surveillance CRAB-SE 3 - - - 18-Jan-20
107 Akota Iron Store SME Initial Rating CRAB-SE 3 - - - 28-Dec-20
108 Akota Rice Agency SME Initial Rating CRAB-SE 4 - - - 23-Dec-20
109 Akota Traders and its sister concern SME Surveillance CRAB-SE 4 - - - 16-May-20
110 Al Akaied Enterprise SME Initial Rating CRAB-SE 4 - - - 23-Dec-20
111 Al Amin Atop Rice Mill SME Initial Rating CRAB-SE 3 - - - 31-Jul-20
112 Al Amin Enterprise SME Surveillance CRAB-ME 3 - - - 04-Sep-20
113 Al Amin Enterprise (SIBL) SME Surveillance CRAB-SE 3 - - - 12-Sep-20
114 Al Amin Marine Engineering Works SME Surveillance CRAB-SE 4 - - - 20-Jun-20
115 Al Amin Steel SME Surveillance CRAB-SE 4 - - - 20-Jul-20
116 Al Amin textile SME Surveillance CRAB-SE 4 - - - 29-Jun-20
117 Al Barakah Enterprise SME Initial Rating CRAB-SE 3 - - - 24-Apr-20
118 Al Burak Traders SME Initial Rating CRAB-SE 3 - - - 27-Nov-20
119 AL Hamra International Corporate Initial Rating - BBB1(Lr) - - 26-Jun-20
120 Al Joynal Knit Garmants SME Initial Rating CRAB-SE 3 - - - 31-Jul-20
121 Al Macca Hardware SME Initial Rating CRAB-SE 3 - - - 29-Sep-20
122 Al Madina Steel SME Surveillance CRAB-SE 3 - - - 02-Aug-20
123 Al Mina Textile Ltd. SME Surveillance CRAB-SE 4 - - - 22-Nov-20
124 Al Mostafa Printing & Packaging Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Nov-20
125 Al Noor Steel Complex Ltd. Corporate Surveillance - A2(Lr) ST-3 - 31-Dec-19
126 Al Tech Aluminium Industries Ltd. Corporate Initial Rating A3 A3(Lr) ST-3 Stable 30-Jan-20
127 Alam & Brothers SME Initial Rating CRAB-SE 3 - - - 30-Jan-20
128 Alam & Co. Corporate Surveillance - BB1(Lr) ST-3 - 21-Mar-20
129 Alam Filling Station SME Initial Rating CRAB-SE 3 - - - 28-May-20
130 Alam Store Corporate Surveillance - - ST-3 - 28-Sep-20
131 Alam Traders SME Initial Rating CRAB-SE 3 - - - 13-Mar-20
132 Alam Trading Corporation Corporate Surveillance - BBB2(Lr) ST-3 - 21-Mar-20
133 Alamdanga Motors SME Initial Rating CRAB-SE 4 - - - 28-Dec-20
134 Alauddin Traders SME Surveillance CRAB-SE 4 - - - 27-Jun-20
135 ALEMA Textiles Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 30-Jun-20
136 Alfis Limited Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 31-Dec-20
137 Alhaj Abul Kashem Himagar Ltd. SME Initial Rating CRAB-SE 3 - - - 22-May-20
138 Alhaj Abul Kashem Sowdagor SME Surveillance CRAB-SE 3 - - - 23-Aug-20
139 Alhaz Ariz Enterprise SME Surveillance CRAB-SE 4 - - - 08-May-20
140 Ali Enterprise SME Surveillance CRAB-SE 3 - - - 28-Dec-20
141 Ali Hossain Traders Corporate Surveillance - BBB3(Lr) ST-3 - 30-Jun-20
142 Alif Steel Mills Ltd. SME Surveillance CRAB-ME 2 - - - 08-Feb-21
143 Alif Traders SME Initial Rating CRAB-SE 3 - - - 27-Nov-20
144 Alifa Enterprise & It's Sister Concern SME Surveillance CRAB-SE 3 - - - 06-Nov-20
145 Alizan Steel Industries SME Surveillance CRAB-ME 3 - - - 08-Nov-20
146 Al-Joynal Hosiery Garmants SME Initial Rating CRAB-SE 3 - - - 31-Jul-20
147 Allar Dan Mayer Doa Enterprise (SME) SME Initial Rating CRAB-ME 3 - - - 23-Jan-20
148 Allardarga Traders SME Initial Rating CRAB-SE 3 - - - 29-Sep-20
149 Alliance Stitches Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 15-Feb-20
150 Al-Mahmud Filling Station Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 23-Jun-20
151 Almas Co. SME Surveillance CRAB-ME 2 - - - 28-May-20
152 Almedia Pharmacy SME Initial Rating CRAB-SE 4 - - - 04-Dec-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
3
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
153 Alpha Plastics & Packaging Corporate Surveillance - BBB2(Lr) ST-3 - 26-Dec-20
154 AL-Riyadh Fish and Poultry Feed Mills Ltd. SME Initial Rating CRAB-SE 3 - - - 10-Dec-20
155 Al-Rowad Iron & Thai Aluminium And Its Sister Concern Al-Rowad Enterprise SME Surveillance CRAB-SE 3 - - - 10-Dec-20
156 Al-salam Febrics (Pvt.) Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 30-Sep-20
157 Aman Electronics SME Surveillance CRAB-SE 3 - - - 25-Jan-20
158 Aman Feed Ltd. Corporate Surveillance A1 A1(Lr) ST-2 Stable 31-Dec-19
159 Aman Spinning Mills Corporate Surveillance A2 A2(Lr) ST-3 Stable 15-May-20
160 Amana Daily Shop SME Surveillance CRAB-SE 3 - - - 13-Feb-20
161 Amanna Trading Co. SME Initial Rating CRAB-SE 4 - - - 16-Oct-20
162 Ambition Trading and Engineering SME Initial Rating CRAB-SE 3 - - - 28-Aug-20
163 AMC Knit Composite Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Sep-20
164 Amena Enterprise SME Surveillance CRAB-SE 3 - - - 01-Mar-20
165 Amena Motors SME Initial Rating CRAB-SE 3 - - - 27-Mar-20
166 Amena Traders SME Initial Rating CRAB-SE 4 - - - 13-Feb-20
167 Amex-co. SME Surveillance CRAB-SE 4 - - - 12-Dec-20
168 Amica Sweater SME Surveillance CRAB-SE 4 - - - 08-May-20
169 Amicus Accessories Ltd. SME Initial Rating CRAB-SE 4 - - - 27-Mar-20
170 Amin Corporation SME Initial Rating CRAB-SE 3 - - - 07-Jan-20
171 Amin Enterprise SME Initial Rating CRAB-SE 4 - - - 27-Mar-20
172 Amin Motors SME Initial Rating CRAB-SE 4 - - - 20-Nov-20
173 Amin Trading Corporation & Its Sister Concern SME Surveillance CRAB-SE 3 - - - 19-Sep-20
174 Amir and Sons SME Initial Rating CRAB-SE 3 - - - 13-Feb-20
175 Amir Brothers SME Surveillance CRAB-SE 3 - - - 04-Nov-20
176 Amir Sweaters & Fabrics Ltd. SME Surveillance CRAB-SE 4 - - - 19-Feb-20
177 Amiruzzaman Chowdhury SME Surveillance CRAB-SE 3 - - - 15-Aug-20
178 Amity Design Ltd. Corporate Surveillance BB1 BB1(Lr) ST-4 Stable 28-Dec-20
179 AMMS logistics SME Surveillance CRAB-ME 2 - - - 06-Nov-20
180 AMN Steel Corporate Initial Rating - - ST-4 - 30-Jun-20
181 Amotex Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 23-Sep-20
182 Amran Textile SME Surveillance CRAB-SE 4 - - - 05-Apr-20
183 Amzad Hossain Trading SME Surveillance CRAB-SE 2 - - - 12-Sep-20
184 An Ideal Tours & Travels SME Surveillance CRAB-SE 4 - - - 19-Feb-20
185 Anam Construction Ltd. SME Initial Rating CRAB-SE 3 - - - 04-Sep-20
186 Anannya Traders Corporate Surveillance - BBB1(Lr) ST-3 - 14-Nov-20
187 Ananta Apparels Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable 31-Mar-20
188 Ananta Paper Mills Ltd. Corporate Surveillance - AA3(Lr) ST-2 - 31-Dec-20
189 Ananto Poultry & Fish Feed SME Initial Rating CRAB-SE 3 - - - 20-Mar-20
190 ANB Bricks SME Surveillance CRAB-SE 4 - - - 27-Sep-20
191 Angel Textile Composite Mills Ltd. Corporate Initial Rating BBB3(Pr) - - - 29-Feb-20
192 Ani Enterprise Corporate Surveillance - - ST-3 - 23-Mar-20
193 Anik Composite Mills Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 30-Dec-20
194 Anik Textile Mills Ltd. Corporate Surveillance - BBB3(Lr) ST-4 - 11-Oct-20
195 Anika Enterprise SME Initial Rating CRAB-SE 4 - - - 15-May-20
196 Anika Fashion SME Initial Rating CRAB-SE 4 - - - 13-Feb-20
197 Anima Traders SME Initial Rating CRAB-SE 3 - - - 14-Nov-20
198 Anowar Trading SME Surveillance CRAB-SE 4 - - - 04-Dec-20
199 Anowar Trading (CTG-IBBL) SME Surveillance CRAB-SE 3 - - - 30-Jun-20
200 Ansar Agro Food Products SME Surveillance CRAB-SE 3 - - - 31-Aug-20
201 Anurag Traders SME Surveillance CRAB-ME 3 - - - 24-Feb-20
202 Anwar & Son's poultry Feed SME Initial Rating CRAB-SE 4 - - - 10-Dec-20
203 Anwar Traders SME Initial Rating CRAB-SE 3 - - - 28-Dec-20
204 Anwara Mannan Textile Mills Corporate Surveillance A3 A3(Lr) ST-3 Stable 31-Dec-19
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
4
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
205 Anwer Khan Modern Hospital Ltd. Corporate Surveillance - A1(Lr) ST-3 - 15-Jan-20
206 Apartment Design And Holdings Ltd. SME Surveillance CRAB-SE 4 - - - 19-Jul-20
207 Apex Foods Ltd. Corporate Surveillance A2 A2(Lr) ST-1, ST-3 Stable 31-Dec-20
208 Apex Lingerie Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 30-Jan-20
209 Apex Spinning & Knitting Mills Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 30-Jan-20
210 Apex Textile Printing Mills Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 30-Jan-20
211 Apex Yarn Dyeing Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 30-Jan-20
212 Apollo Sewing & Garments Ltd. Corporate Initial Rating BB2 BB2(Lr) ST-4 Stable 26-Jun-20
213 Apollo Traders Corporate Surveillance - BBB3(Lr) ST-3 - 14-Jun-20
214 Appollo Ispat Complex Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-4 Stable 23-Jan-20
215 Appollo Power Cables Industries SME Initial Rating CRAB-SE 3 - - - 20-Nov-20
216 Arab Electronics SME Initial Rating CRAB-SE 4 - - - 23-Sep-20
217 Arabian Enterprise SME Initial Rating CRAB-SE 4 - - - 06-Feb-20
218 Araf Enterprise SME Surveillance CRAB-SE 4 - - - 19-Dec-20
219 Arco Cold Storage Ltd. Corporate Surveillance - BB3(Lr) ST-4 - 15-Jan-20
220 Ardent Marine Ltd. SME Initial Rating CRAB-SE 3 - - - 23-Sep-20
221 Aries Agro (BD) Ltd. SME Initial Rating CRAB-SE 3 - - - 19-Feb-20
222 Arif Enterprise SME Surveillance CRAB-SE 3 - - - 04-Nov-20
223 Arif Enterprise (SME) SME Initial Rating CRAB-SE 3 - - - 27-Mar-20
224 Arion Agro Industries Ltd. Corporate Initial Rating BBB3(Pr) - - - 31-Mar-20
225 ARL Ship Breaking Ltd. Corporate Surveillance - BB1(Lr) - - 30-Dec-20
226 ARMAC Services Ltd. Corporate Surveillance - BB3(Lr) ST-4 - 19-Sep-20
227 Arman Flour Mills SME Surveillance CRAB-SE 3 - - - 14-Feb-20
228 Arman Traders SME Initial Rating CRAB-SE 3 - - - 17-Sep-20
229 Armor Bangladesh Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-3 Stable 30-Mar-20
230 Army Medical College Cumilla Corporate Initial Rating BBB1 - - Stable 29-Sep-20
231 Arnab Traders (SME) SME Initial Rating CRAB-SE 3 - - - 13-Mar-20
232 Array International Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 30-Jun-20
233 Arrow Speed SME Surveillance CRAB-SE 3 - - - 17-Dec-20
234 ARS Washing Ltd. SME Surveillance CRAB-ME 4 - - - 27-Apr-20
235 Arshad Brothers SME Surveillance CRAB-SE 3 - - - 17-Oct-20
236 Artisan Outfitters Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable 01-Sep-20
237 Aryan Stone and Marble Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 31-Mar-20
238 Asad Morad Bricks SME Surveillance CRAB-SE 4 - - - 27-Sep-20
239 Asef Packaging and Printing Industry SME Initial Rating CRAB-SE 4 - - - 29-Sep-20
240 Asha Enterprise SME Surveillance CRAB-SE 4 - - - 14-Dec-20
241 Ashrafuzzaman & Co. SME Surveillance CRAB-ME 2 - - - 28-May-20
242 Asia Car BD Ltd. Corporate Surveillance - - ST-3 - 23-Nov-20
243 Asia Industries (Pvt) Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 29-Aug-20
244 Asia Pacific Logistics SME Initial Rating CRAB-SE 3 - - - 28-Dec-20
245 Asian Cosmetics SME Initial Rating CRAB-SE 4 - - - 19-Feb-20
246 Asif & Brothers SME Initial Rating CRAB-SE 4 - - - 30-Jan-20
247 Asif Enterprise SME Surveillance CRAB-SE 4 - - - 14-Nov-20
248 Asif Enterprise (SEBL) SME Initial Rating CRAB-SE 3 - - - 13-Feb-20
249 Asif Traders (NCC Bank) Corporate Surveillance - BB3(Lr) ST-4 - 17-Apr-20
250 Askar Corporation SME Surveillance CRAB-SE 3 - - - 31-Jan-20
251 ASL Systems Ltd. SME Initial Rating CRAB-SE 3 BBB2(Lr) ST-1 - 01-May-20
252 Asma Chaul Kal & Nurani Motsho Khamar SME Initial Rating CRAB-SE 4 - - - 19-Feb-20
253 Asma Printing & Pakaging Industries SME Surveillance CRAB-SE 3 - - - 21-Mar-20
254 Asma Shopping Center SME Initial Rating CRAB-ME 3 - - - 30-Jan-20
255 Asset Development & Holdings Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable 26-Dec-20
256 Assurance Developments Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 30-Nov-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
5
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
257 AST Beverage Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable 30-Nov-20
258 Astorion Ltd. SME Surveillance CRAB-SE 3 - - - 28-Aug-20
259 Astro Pharmaceuticals Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 28-Sep-20
260 Astro Trading Ltd. SME Surveillance CRAB-SE 3 - - - 23-Mar-20
261 Athina Filling Station SME Surveillance CRAB-SE 4 - - - 29-May-20
262 Atlas Footwear Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 30-Dec-20
263 Atlas Toiletries Ltd. SME Surveillance CRAB-SE 2 - - - 13-Feb-20
264 Atoar Traders SME Surveillance CRAB-SE 3 - - - 08-May-20
265 Auleek Services & Oncosys International JV Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 23-Jan-20
266 Aulia Rice Mill & its sister concern SME Surveillance CRAB-SE 3 - - - 17-Oct-20
267 Auto Emporium SME Surveillance CRAB-SE 3 - - - 07-Mar-20
268 Auto Motor Importing SME Surveillance CRAB-SE 4 - - - 25-Nov-20
269 Avenger Textils Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 03-Feb-21
270 Axis Knitwears Ltd. Corporate Surveillance - BB1(Lr) ST-4 - 11-Oct-20
271 Ayath Enterprise SME Surveillance CRAB-SE 4 - - - 02-Mar-20
272 Ayub & Sons SME Surveillance CRAB-SE 3 - - - 08-May-20
273 Ayubpur Textile Mills Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 30-Sep-20
274 AZ Apparels SME Initial Rating CRAB-SE 3 - - - 03-Jul-20
275 Azad & Sons SME Surveillance CRAB-SE 4 - - - 05-Dec-20
276 Azad Particle Board Mills SME Surveillance CRAB-ME 3 - - - 23-Dec-20
277 Azad Pulp & Paper Mills Corporate Surveillance - BBB1(Lr) ST-3 - 23-Dec-20
278 Azad Store SME Surveillance CRAB-ME 3 - - - 23-Dec-20
279 Azad Twist Thread Mills SME Surveillance CRAB-ME 4 - - - 23-Dec-20
280 Aziz & Sons SME Surveillance CRAB-SE 3 - - - 23-Oct-20
281 Azmeer Traders SME Surveillance CRAB-SE 3 - - - 26-Sep-20
282 Azmi Foods Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 30-Nov-20
283 Azmir Shopping Center SME Initial Rating CRAB-SE 3 - - - 23-Oct-20
284 Azmiri Steel Corporation Ltd. SME Initial Rating CRAB-SE 4 - - - 30-Dec-20
285 B M Traders SME Surveillance CRAB-SE 4 - - - 03-Jun-20
286 B S Engineering works SME Surveillance CRAB-SE 3 - - - 25-Jan-20
287 Babu Hardware & Sanitary SME Initial Rating CRAB-SE 4 - - - 31-Jul-20
288 Babul Textile & Sizing Mills SME Surveillance CRAB-SE 4 - - - 13-Feb-20
289 Babul Weaving Factory SME Initial Rating CRAB-ME 3 - - - 23-Dec-20
290 Baby Enterprise SME Initial Rating CRAB-SE 4 - - - 28-Dec-20
291 Badal & Company Corporate Surveillance - BBB3(Lr) ST-1, ST-3 - 03-Jun-20
292 Badal Mia SME Surveillance CRAB-SE 3 - - - 19-Dec-20
293 Badgetex Apparels Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 14-Feb-20
294 Baengal Traders SME Surveillance CRAB-SE 4 - - - 10-Oct-20
295 Bagdad Paribahan Sangstha SME Surveillance CRAB-ME 4 - - - 24-Feb-20
296 Bahar Enterprise SME Initial Rating CRAB-SE 4 - - - 19-Feb-20
297 Bajaj Mela SME Initial Rating CRAB-SE 3 - - - 23-Oct-20
298 Bajaj Palace SME Initial Rating CRAB-SE 3 - - - 23-Sep-20
299 Bajaj Plus SME Initial Rating CRAB-SE 5 - - - 20-Nov-20
300 Baktiar Enterprise SME Surveillance CRAB-SE 3 - - - 15-May-20
301 Bakul Shoe Store SME Surveillance CRAB-SE 3 - - - 01-Mar-20
302 Balaka Press & Publications Corporate Surveillance - BBB2(Lr) ST-3 - 22-May-20
303 Baly Garments SME Surveillance CRAB-ME 3 - - - 22-Apr-20
304 Bandar Steel Industries Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 31-Mar-20
305 Bangla Chemical SME Surveillance CRAB-SE 2 - - - 29-Nov-20
306 Bangla Foils Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 29-Oct-20
307 Bangla Gold Impex Corporation SME Initial Rating CRAB-ME 3 - - - 27-Nov-20
308 Bangla Iron Agency SME Initial Rating CRAB-SE 3 - - - 13-Feb-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
6
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
309 Bangladesh Army International University of Science & Technology (BAIUST)Corporate Surveillance - BBB2(Lr) - - 29-Dec-20
310 Bangladesh Auto Spring Industry Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 04-Nov-20
311 Bangladesh Bricks SME Initial Rating CRAB-SE 4 - - - 20-Mar-20
312 Bangladesh Double Glazed Ltd. SME Initial Rating CRAB-SE 3 - - - 01-May-20
313 Bangladesh Industrial Gases Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 03-Oct-20
314 Bangladesh Krishi Feeds Ltd. SME Initial Rating CRAB-SE 3 - - - 28-Aug-20
315 Bangladesh Technosity Ltd. Corporate Surveillance A3(Pr) - - - 31-Jan-20
316 Banoful & Co. Ltd. Corporate Surveillance - A3(Lr) ST-3 - 24-Feb-20
317 Banolata Sweets & Bakery SME Initial Rating CRAB-ME 3 - - - 02-Mar-20
318 Baraka Fashions Ltd Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 25-Apr-20
319 Baraka Patenga Power Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable 24-Jan-21
320 Baraka Power Ltd. Corporate Surveillance AA1 AA1(Lr) ST-2 Stable 27-Dec-20
321 Bari Agro Machineries SME Surveillance CRAB-SE 3 - - - 14-Jun-20
322 Baridhi Garments Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 31-Oct-20
323 Barind Medical College and Hospital Ltd. Corporate Initial Rating - BBB3(Lr) ST-3 - 23-Dec-20
324 Barisal Surgical SME Initial Rating CRAB-SE 3 - - - 27-Mar-20
325 Barotopa Printers Ltd. Corporate Initial Rating - BBB3(Lr) ST-4 - 17-Sep-20
326 Base Technologies Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 31-Aug-20
327 Bashar Mollah Company SME Surveillance CRAB-ME 3 - - - 18-Oct-20
328 Bashundhara Chemical Industries Ltd. Corporate Surveillance BBB2(Pr) - - - 30-Jun-20
329 Bashundhara Industrial Complex Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 30-Nov-20
330 Bashundhara Infrastructure Company Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 31-Dec-19
331 Bashundhara LP Gas Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 30-Nov-20
332 Bashundhara Multi Paper Industries Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Nov-20
333 Bashundhara Multi Trading Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-3 Stable 30-Oct-20
334 Bashundhara Oil & Gas Company Ltd. Corporate Surveillance BBB1(Pr) - - - 30-Apr-20
335 Bashundhara Paper mills ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 31-Oct-20
336 Bashundhara Steel & Engineering Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 30-Nov-20
337 Bashundhara Trading SME Initial Rating CRAB-SE 3 - - - 23-Dec-20
338 Basoti Shomaj & Poribesh Unnayon Foundation SME Surveillance CRAB-SE 4 - - - 24-Apr-20
339 Bata Shoe Company (Bangladesh) Ltd. Corporate Surveillance AAA - ST-1 Stable 31-Mar-20
340 Bay Development Ltd. Corporate Surveillance AA2 AA2(Lr) ST-3 Stable 31-Dec-20
341 BD Corporation & Allied Concern Corporate Surveillance - BBB1(Lr) ST-3 - 30-Nov-20
342 BD Foods Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 30-Nov-20
343 BD Plast Ltd. SME Surveillance CRAB-SE 3 - - - 08-Nov-20
344 BD Sea Food Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Nov-20
345 Beacon Knitwear Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 30-Dec-20
346 Beacon Pharmaceuticals Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 10-Sep-20
347 Belamy Textiles Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 30-Nov-20
348 Bellal Brothers SME Surveillance CRAB-SE 4 - - - 07-Nov-20
349 Bemisal Enterprise SME Surveillance CRAB-SE 2 - - - 29-Jun-20
350 Bengal Agencies SME Initial Rating CRAB-SE 3 - - - 18-Jun-20
351 Bengal Auto Rice Mill Corporate Surveillance - BBB3(Lr) - - 27-Mar-20
352 Bengal Glory Ltd. SME Surveillance CRAB-SE 3 - - - 30-Dec-20
353 Bengal Herbal Garden Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-4 Stable 29-Sep-20
354 Bengal Knittex Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 30-Nov-20
355 Bengal Meat Processing Ind. Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 29-Dec-20
356 Bengal NFK Textile Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 16-Oct-20
357 Bengal Pacific (Pvt.) Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 14-Dec-20
358 Bengal Technological Corporation Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 06-Nov-20
359 Bengal Trading Co. SME Surveillance CRAB-SE 2 - - - 12-Dec-20
360 Bengal Windsor Thermoplastics Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 26-Dec-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
7
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
361 Bepary Rice Mill SME Initial Rating CRAB-SE 3 - - - 28-Dec-20
362 Best Bricks SME Initial Rating CRAB-SE 4 - - - 29-Sep-20
363 Best Shirts Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 18-Jun-20
364 Best Steel Industries Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 31-Dec-19
365 Best Wool Sweaters Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 06-Nov-20
366 BEXIM SME Surveillance CRAB-SE 4 30-Dec-20
367 Bhai Bhai Auto Rice Mill SME Initial Rating CRAB-SE 3 - - - 10-Dec-20
368 Bhai Bhai Auto Rice Mill (IBBL_Bogura) Corporate Initial Rating - BBB3(Lr) ST-4 - 27-Mar-20
369 Bhai Bhai Enterprise SME Surveillance CRAB-SE 4 - - - 23-May-20
370 Bhai Bhai Hardware Store SME Initial Rating CRAB-SE 3 - - - 06-Mar-20
371 Bhai Bhai Poultry Farm SME Surveillance CRAB-SE 4 - - - 21-Nov-20
372 Bhai Bhai Poultry Suppliers SME Initial Rating CRAB-SE 3 - - - 10-Dec-20
373 Bhai Bhai Rice Mill SME Initial Rating CRAB-SE 3 - - - 02-Mar-20
374 Bhai Bhai Traders SME Surveillance CRAB-SE 4 - - - 16-May-20
375 Bhawal Construction Corporate Surveillance - BB1(Lr) ST-3 - 20-Dec-20
376 Bhuiyan and Co. Corporate Surveillance - - ST-3 - 31-Oct-20
377 Bhuiyan and Haque Construction Co. SME Initial Rating CRAB-SE 4 - - - 04-Dec-20
378 Bhuiyan Chaul Kol SME Surveillance CRAB-SE 4 - - - 21-Mar-20
379 Bhuiyan International SME Initial Rating CRAB-SE 3 - - - 22-May-20
380 Bhuiyan M S Fish Feed Ltd. SME Surveillance CRAB-SE 3 - - - 29-Jun-20
381 Bhuiyan Rexin House SME Initial Rating CRAB-SE 3 - - - 24-Jul-20
382 Big Boss Corporation Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 04-Sep-20
383 Bijoy Ratna Saha SME Initial Rating CRAB-SE 3 - - - 04-Dec-20
384 Bikash Cutting & Corrugated Ind. SME Surveillance CRAB-SE 3 - - - 29-May-20
385 Bikrampur Potato Flakes Ind. Ltd. Corporate Surveillance - A3(Lr) ST-3 - 31-Dec-20
386 Bikrampur Re-Rolling Mills Ltd. Corporate Initial Rating BBB2 BBB2(Lr) ST-3 Stable 31-Dec-20
387 Biky Enterprise SME Initial Rating CRAB-SE 3 - - - 26-Jun-20
388 Bilal Trading (Pvt) Limited Corporate Initial Rating - BBB1(Lr) ST-3 - 23-Dec-20
389 Binimoy Enterprise SME Surveillance CRAB-SE 4 - - - 03-Jun-20
390 Bio Health Co. Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 24-Sep-20
391 Biolife Nutritionals SME Surveillance CRAB-SE 4 - - - 29-Jun-20
392 Biplob Enterprise SME Initial Rating CRAB-SE 3 - - - 08-May-20
393 Bismillah Chem (SME) SME Initial Rating CRAB-SE 3 - - - 13-Feb-20
394 Bismillah Enterprise Corporate Surveillance - BBB3(Lr) ST-3 - 30-Sep-20
395 Bismillah Fish Traders SME Initial Rating CRAB-SE 4 - - - 04-Dec-20
396 Bismillah Furniture and Timber suppliers & its sister concerSME Initial Rating CRAB-SE 2 - - - 28-Aug-20
397 Bismillah Iron Store. Corporate Surveillance - - ST-3 - 30-Mar-20
398 Bismillah Moshari Store Corporate Surveillance - BBB2(Lr) - - 30-Mar-20
399 Bismillah Motso Khamar SME Surveillance CRAB-SE 4 - - - 29-Aug-20
400 Bismillah Store Corporate Initial Rating A3 A3(Lr) ST-3 Stable 15-May-20
401 Bismillah Traders SME Initial Rating CRAB-SE 3 - - - 30-Oct-20
402 Bismillah Traders (Bank Asia) SME Surveillance CRAB-SE 3 - - - 28-May-20
403 Biswanath Traders (SME) SME Initial Rating CRAB-SE 4 - - - 20-Mar-20
404 Biswas Traders & VIP Rice Mills Corporate Surveillance - BBB2(Lr) ST-3 - 17-Jan-21
405 BJIT Limited Corporate Initial Rating A2 - - Stable 31-Jul-20
406 BK Fashion Wear Ltd. SME Initial Rating CRAB-SE 4 - - - 04-Dec-20
407 Blazon Trims & Packaging Ltd. Corporate Initial Rating BBB3 - - Stable 28-Mar-20
408 Bloomingtex Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-3 Stable 04-Dec-20
409 Blue North Fisheries Corporate Initial Rating - BB1(Lr) - - 30-Oct-20
410 Blue Sky Enterprise Corporate Surveillance - BBB2(Lr) ST-3 - 15-Dec-20
411 BNF Engineers Ltd. SME Surveillance CRAB-SE 3 - - - 17-May-20
412 Bogdad Traders SME Surveillance CRAB-SE 3 - - - 07-Mar-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
8
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
413 Bogra Electric & Engineering Works SME Surveillance CRAB-ME 4 - - - 27-Mar-20
414 Bogra Motors Pvt. Ltd. SME Surveillance CRAB-SE 3 - - - 27-Jun-20
415 Bonafide Knitting Mills Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 27-Nov-20
416 Bonanza Trade Marketing. Corporate Surveillance - BBB3(Lr) ST-3 - 30-Nov-20
417 Bongo Stitches Ltd. Corporate Surveillance - - ST-4 - 28-Jun-20
418 Bonito Communication SME Surveillance CRAB-SE 2 - - - 14-Mar-20
419 Book Center SME Initial Rating CRAB-SE 3 - - - 28-Dec-20
420 Bookman Printers & Publications Corporate Surveillance - BBB1(Lr) ST-3 - 14-Nov-20
421 Borak Trading & Carrier SME Surveillance CRAB-ME 3 - - - 24-Oct-20
422 Borhan Enterprise SME Initial Rating CRAB-SE 3 - - - 26-Jun-20
423 Borotakia Construction SME Surveillance CRAB-SE 3 - - - 20-Sep-20
424 Borotakia Enterprise SME Surveillance CRAB-SE 4 - - - 20-Sep-20
425 Borotakia Motors (Pvt.) Ltd. SME Surveillance CRAB-ME 4 - - - 20-Sep-20
426 Brahmmaputra Printing & Packaging SME Surveillance CRAB-SE 3 - - - 25-Oct-20
427 British Bangla Chemical Ltd. Corporate Initial Rating BBB3(Pr) - - - 23-Jun-20
428 Broad Band Telecom Services Ltd. Corporate Surveillance BBB3 BBB3(Lr) - Stable 31-May-20
429 Brothers Construction SME Initial Rating CRAB-ME 3 - - - 11-Sep-20
430 Brothers Corporation SME Initial Rating CRAB-SE 2 - - - 10-Apr-20
431 Brothers Enterprise SME Surveillance CRAB-SE 4 - - - 29-Aug-20
432 Brothers Flour Mill SME Initial Rating CRAB-ME 3 - - - 15-May-20
433 Brothers Plastic Industries Corporate Initial Rating - BB1(Lr) ST-4 - 27-Mar-20
434 Brothers Store SME Surveillance CRAB-SE 4 - - - 26-Sep-20
435 Brothers Syndicate SME Initial Rating CRAB-SE 3 - - - 13-Feb-20
436 Brothers Trade International SME Initial Rating CRAB-SE 4 - - - 06-Nov-20
437 Brothers Trading SME Initial Rating CRAB-SE 3 - - - 20-Mar-20
438 BSM Syndicate Corporate Surveillance - - ST-3 - 15-Dec-20
439 BSST Trading Corporation SME Initial Rating CRAB-SE 4 - - - 28-Dec-20
440 BTL Active SME Initial Rating CRAB-SE 4 - - - 06-Aug-20
441 Building Technology & Ideas Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable 29-Jun-20
442 Bulbul General Electronics SME Surveillance CRAB-SE 3 - - - 14-Mar-20
443 Bulbul Traders SME Surveillance CRAB-SE 3 - - - 24-Jul-20
444 Butterfly Marketing Ltd. Corporate Surveillance A1 A1(Lr) ST-2 Stable 30-Oct-20
445 C & A Agro Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 29-Mar-20
446 Camy Electrical Industries SME Surveillance CRAB-SE 2 - - - 12-Dec-20
447 Capital Fashions Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-3 Stable 24-Apr-20
448 Car Selection Corporate Surveillance - BBB1(Lr) ST-3 - 05-Mar-20
449 Carbon Bangladesh (Pvt) Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Sep-20
450 CB Hospital Ltd. Corporate Surveillance - BBB3(Lr) - - 02-Mar-20
451 CBM Bricks SME Surveillance CRAB-ME 4 - - - 20-Jun-20
452 CD Electric SME Initial Rating CRAB-SE 3 - - - 09-Jul-20
453 Celluler Mobile Pte Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 30-Jan-20
454 Cemex Properties Ltd. SME Initial Rating CRAB-SE 3 - - - 13-Mar-20
455 Center Point SME Surveillance CRAB-ME 3 - - - 16-Oct-20
456 Centro Tex Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-1 Stable 23-Jan-20
457 Century Engineering and Tube Industries SME Surveillance CRAB-SE 4 - - - 28-Nov-20
458 Chancellor Garments Ltd. Corporate Initial Rating - - ST-3 - 03-Jul-20
459 Charm Fashion Corporate Surveillance - BBB2(Lr) ST-3 - 30-Nov-20
460 Charu Ceramic Industries Ltd. Corporate Surveillance - A3(Lr) ST-3 - 31-Aug-20
461 Charu Traders SME Initial Rating CRAB-SE 4 - - - 22-May-20
462 Chattagram Enterprise SME Surveillance CRAB-SE 3 - - - 26-Sep-20
463 Chayanika SME Initial Rating CRAB-SE 3 - - - 06-Aug-20
464 Cherry Knitwear Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 31-Mar-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
9
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
465 Chetona Model Academy SME Initial Rating CRAB-SE 3 - - - 11-Sep-20
466 China Bangla Foods SME Surveillance CRAB-ME 3 - - - 19-Aug-20
467 China Bangla Shopping Complex SME Surveillance CRAB-ME 3 - - - 19-Aug-20
468 China Bazar SME Surveillance CRAB-SE 3 - - - 30-Dec-20
469 Chittagong Asian Apparels Limited. Corporate Surveillance A2 A2(Lr) ST-3 Stable 29-Sep-20
470 Chittagong Asian Paper Mills (Pvt.) Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 29-Dec-20
471 Chittagong Electronics SME Surveillance CRAB-SE 3 - - - 29-Jun-20
472 Chittagong Golden Services Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 08-Nov-20
473 Chittagong Waste Treatment Plants Ltd. SME Surveillance CRAB-ME 4 28-Nov-20
474 Chowdhury Mercerize Process Mill SME Initial Rating CRAB-SE 4 - - - 22-May-20
475 Chung Hua Aluminium Industry Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 21-May-20
476 City Dal Mills Ltd. Corporate Surveillance AA1 AA1(Lr) ST-1 Stable 31-Dec-20
477 City Feed Products Ltd. Corporate Surveillance AA1 AA1(Lr) ST-1 Stable 31-Dec-20
478 City Foils Ltd. SME Surveillance CRAB-SE 3 - - - 24-Oct-20
479 City Navigations Ltd. Corporate Surveillance AA1 AA1(Lr) ST-1 Stable 31-Dec-20
480 City Seed Crushing Industries Ltd. Corporate Surveillance AAA AAA(Lr) ST-1 Stable 31-Dec-20
481 City Sugar Industries Ltd. Corporate Surveillance AAA AAA(Lr) ST-1 Stable 31-Dec-20
482 City Trading Corporation SME Surveillance CRAB-SE 3 - - - 23-Dec-20
483 Clamoon Garments Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 31-Jul-20
484 Classic Dye-Chem Company SME Initial Rating CRAB-SE 3 - - - 15-May-20
485 Classic Provita Agro Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-3 Stable 13-Nov-20
486 CM Servicing Station SME Surveillance CRAB-SE 3 - - - 28-May-20
487 Cobite Computers SME Surveillance CRAB-SE 3 - - - 26-Dec-20
488 Color Vision SME Surveillance CRAB-SE 4 - - - 27-Mar-20
489 Colors And Stitches Ltd. Corporate Initial Rating - BB2(Lr) ST-4 - 31-Jan-20
490 Combined Food & Cold Storage Ltd. Corporate Surveillance - A2(Lr) ST-2 - 30-Jun-20
491 Comfit Composite Knit Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 02-Mar-20
492 Comfort Diagnostic Centre Pvt. Ltd. Corporate Initial Rating BBB2 BBB2(Lr) ST-3 Stable 04-Dec-20
493 Compustar (Pvt) Ltd. Corporate Surveillance BB2 BB2(Lr) ST-4 Stable 30-Jun-20
494 Comtrade Enterprise SME Surveillance CRAB-ME 2 - - - 25-Jan-20
495 Cona Enterprise SME Surveillance CRAB-SE 4 - - - 12-Sep-20
496 Confidence Trade Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 19-Apr-20
497 Confidence Traders SME Surveillance CRAB-SE 3 - - - 29-Aug-20
498 ConnectBD Ltd. SME Surveillance CRAB-ME 2 - - - 27-Sep-20
499 Continental Garments Industries (Pvt.) Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 28-Nov-20
500 Convoy Service SME Initial Rating CRAB-SE 3 - - - 13-Nov-20
501 Cosmopolitan Industries Pvt. Ltd. Corporate Surveillance AA1 AA1(Lr) ST-1 Stable 29-Feb-20
502 Cosmos Enterprise Corporate Surveillance - BB2(Lr) ST-4 - 15-Nov-20
503 Cotton Mart International SME Initial Rating CRAB-SE 4 - - - 08-May-20
504 Country Boy (PVT) Ltd. SME Initial Rating CRAB-SE 3 - - - 11-Sep-20
505 CP Bangladesh Co. Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable 30-Sep-20
506 Crazy Fashions Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 30-Jun-20
507 Cristal Trading SME Surveillance CRAB-SE 3 - - - 13-Feb-20
508 Crony Apparels Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 04-Dec-20
509 Crossline Factory (Pvt.) Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 30-Apr-20
510 Crossline Knit Fabrics Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 30-Apr-20
511 Crown Cement Concrete & Building Products Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 11-May-20
512 Crown Cement Trading Co. Corporate Initial Rating - BBB3(Lr) - - 17-Dec-20
513 Crown Lub SME Surveillance CRAB-SE 4 - - - 28-Mar-20
514 Crown Mariners Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 11-May-20
515 Crown Metal Merchandising Corporate Surveillance - BBB3(Lr) ST-3 - 21-Jul-20
516 Crown Polymer Bagging Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 11-May-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
10
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
517 Crown Transportation Logistics Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 11-May-20
518 Croydon Kowloon Corporate Initial Rating BBB1 BBB1(Lr) ST-3 Stable 08-May-20
519 Crymson Glory SME Surveillance CRAB-SE 3 - - - 27-Sep-20
520 CSF Garments (Pvt.) Ltd. Corporate Surveillance - - ST-4 - 25-Aug-20
521 Cutting Edge Garments Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 29-Dec-20
522 CVO Petrochemical Refinery Ltd. Corporate Surveillance BBB2 BBB2(Lr) - Stable 30-Dec-20
523 D & S Pretty Fashions Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 21-Aug-20
524 D S Fashion Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 31-Mar-20
525 Dacca Textiles Ltd. Corporate Initial Rating BBB2(Pr) - - - 23-Dec-20
526 Daeyu Bangladesh Ltd. Corporate Surveillance BB1 BB1(Lr) ST-3 Stable 05-Jun-20
527 Daffodils SME Initial Rating CRAB-ME 2 - - - 24-Apr-20
528 DAL Knitwear Ltd. Corporate Surveillance - A3(Lr) ST-3 - 30-Jun-20
529 Danish Condensed Milk Bangladesh Ltd. Corporate Surveillance - AA2(Lr) ST-2 - 26-Dec-20
530 Danish Foods Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 11-Jul-20
531 Danish Milk Bangladesh Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 22-Mar-20
532 Danys Knitwear Ltd. SME Surveillance CRAB-ME 3 - - - 26-Aug-20
533 Dapunia Iron Store SME Initial Rating CRAB-SE 3 - - - 26-Jun-20
534 Darkesh Tex Wear Ltd SME Initial Rating CRAB-SE 3 - - - 22-May-20
535 Darussalam Enterprise Corporate Surveillance - BBB1(Lr) ST-3 - 01-Feb-20
536 Data Solution Ltd. SME Surveillance CRAB-SE 3 - - - 08-Aug-20
537 Dazzling Dresses Ltd. Corporate Initial Rating A3 A3(Lr) ST-3 Stable 30-Jan-20
538 Decent Pharma Laboratories Corporate Surveillance - BBB3(Lr) ST-3 - 31-Dec-20
539 Deen Paper Converting & Packaging Ltd. Corporate Surveillance - BB1(Lr) ST-4 - 30-Aug-20
540 Deepa Food Products Ltd. Corporate Surveillance AAA AAA(Lr) ST-1 Stable 31-Dec-20
541 Defy Trading SME Initial Rating CRAB-SE 3 - - - 06-Nov-20
542 Dekko Knitwears Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 31-Dec-20
543 Delco Engineering SME Surveillance CRAB-SE 3 - - - 23-Jan-20
544 Delco Engineering Ltd. SME Surveillance CRAB-SE 3 - - - 23-Jan-20
545 Delmon Trade International SME Surveillance CRAB-SE 5 - - - 27-Nov-20
546 Delta Diagnostic Centre SME Surveillance CRAB-SE 3 - - - 07-Nov-20
547 Delta Health Care Mirpur Ltd. Corporate Surveillance - B2(Lr) - - 21-Mar-20
548 Delta Hospital Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Dec-20
549 Denim Attires Limited Corporate Surveillance - BBB1(Lr) ST-3 - 27-Mar-20
550 Denim Expert Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 30-Jun-20
551 Desh International SME Surveillance CRAB-SE 3 - - - 25-Oct-20
552 Desh Ship Building Engineering Ltd. Corporate Surveillance - BBB3(Lr) - - 15-Sep-20
553 Design Collection SME Initial Rating CRAB-SE 3 - - - 10-Dec-20
554 Devine Design Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Nov-20
555 Devine Intimates Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 20-Dec-20
556 Devine Trading Company SME Surveillance CRAB-ME 3 - - - 08-Mar-20
557 Dewan Electronics SME Surveillance CRAB-SE 4 - - - 23-Dec-20
558 Dewan Saw Mill SME Surveillance CRAB-SE 3 - - - 06-Nov-20
559 Dhaka Assembly of God Church & Bethel Assembly of God ChurchCorporate Initial Rating BBB1 BBB1(Lr) - Stable 06-Mar-20
560 Dhaka Bricks Supply & Co. SME Surveillance CRAB-ME 3 - - - 05-Nov-20
561 Dhaka Medical Services SME Surveillance CRAB-SE 4 - - - 28-Dec-20
562 Dhaka Metal SME Surveillance CRAB-SE 3 - - - 15-Dec-20
563 Dhaka Traders SME Initial Rating CRAB-SE 4 - - - 29-Sep-20
564 Diamond Net Industries SME Surveillance CRAB-SE 3 - - - 01-Mar-20
565 Diamond Steel Product Co. (Pvt) Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 30-Sep-20
566 Diamond World Corporate Surveillance - BBB3(Lr) ST-3 - 19-Sep-20
567 Diba Rathry CNG Filling Station SME Initial Rating CRAB-SE 3 - - - 29-Jun-20
568 Didar Machineries SME Surveillance CRAB-SE 4 - - - 03-Oct-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
11
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
569 Didar Store SME Surveillance CRAB-SE 4 - - - 17-May-20
570 Digital Power and Associates Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 31-Jul-20
571 Dinar Enterprise SME Initial Rating CRAB-SE 3 - - - 29-Sep-20
572 Dip Knitwear Ltd. Corporate Surveillance - BBB3(Lr) ST-4 - 04-Dec-20
573 Dipjol Enterpris SME Initial Rating CRAB-SE 2 - - - 22-May-20
574 Dorbesh Enterprise SME Surveillance CRAB-SE 4 - - - 26-Dec-20
575 Doreen Hotels and Resorts Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 24-Jul-20
576 Dr. Haider Clinic (Pvt.) Hospital SME Surveillance CRAB-ME 3 - - - 31-Dec-20
577 Dragon Steel Plant Corporate Initial Rating - - ST-4 - 28-Jun-20
578 Dreamland Resorts Ltd. Corporate Surveillance - BB2(Lr) - - 29-Jun-20
579 Ducati Apparels Ltd. Corporate Initial Rating - B1(Lr) ST-5 - 29-Sep-20
580 Dutch Bangla Power & Associates Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable 19-Aug-20
581 Dynamic Trading Service SME Surveillance CRAB-SE 2 - - - 12-Dec-20
582 E K Automobiles SME Initial Rating CRAB-SE 4 - - - 01-May-20
583 E R Enterprise SME Surveillance CRAB-SE 3 - - - 23-May-20
584 Eagle Fiber Industries Ltd. SME Initial Rating CRAB-ME 3 - - - 28-May-20
585 Eagle Watch Co. SME Initial Rating CRAB-SE 4 - - - 30-Dec-20
586 Earthmoving Rental Ltd. SME Surveillance CRAB-ME 4 - - - 11-Apr-20
587 Earthmoving Solution Ltd. SME Surveillance CRAB-ME 3 - - - 11-Apr-20
588 East Asia Trading SME Surveillance CRAB-ME 2 - - - 29-Jun-20
589 East West Property Development Co. Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable 31-Dec-19
590 Eastern Medical College & Hospital Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 31-Dec-19
591 Eastern Printing & Packaging SME Initial Rating CRAB-SE 3 - - - 20-Mar-20
592 Eastern University Corporate Initial Rating BBB3 BBB3(Lr) ST-4 Stable 10-Apr-20
593 Easy Food Products SME Initial Rating CRAB-SE 4 - - - 31-Jul-20
594 Eaty Enterprise SME Surveillance CRAB-SE 3 - - - 26-Dec-20
595 ECM Footwear Ltd. SME Initial Rating CRAB-ME 4 - - - 23-Dec-20
596 Edotco Bangladesh Co. Ltd. Corporate Surveillance A1 A1(Lr) ST-2 Stable 30-Jun-20
597 E-Engineering Ltd. Corporate Initial Rating BBB2 BBB2(Lr) ST-3 Stable 31-Jan-20
598 Ehshan Enterprise SME Surveillance CRAB-SE 4 - - - 14-Dec-20
599 Ekram Insaf Mega Shop & Its sister Concern (Rahmat Ent.) SME Surveillance CRAB-SE 4 - - - 19-Sep-20
600 Electrical & Electronics Company Ltd Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable 31-Mar-20
601 Electro Battery Company Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 16-May-20
602 Electro Fair SME Surveillance CRAB-SE 3 - - - 27-Sep-20
603 Electro Led & Light Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 16-May-20
604 Electro Mart Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 30-Nov-20
605 Electro Mechanical Service Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 16-May-20
606 Electro Solar Power Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 16-May-20
607 Electro Transformer & Switchgear co. Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 16-May-20
608 Electron Power SME Initial Rating CRAB-SE 4 - - - 21-Aug-20
609 Elham Fashion Ltd. Corporate Surveillance - BB1(Lr) ST-4 - 29-Sep-20
610 Elham International Ltd. Corporate Initial Rating - BB1(Lr) - - 29-Sep-20
611 Elite Super Plastic Ind. (Pvt.) Ltd. Corporate Initial Rating BBB1 BBB1(Lr) ST-1 Stable 06-Nov-20
612 EM Power Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 16-May-20
613 Emem System Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-4 Stable 29-Jun-20
614 Empire Dyeing Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 28-Aug-20
615 Emran Enterprise SME Surveillance CRAB-SE 3 - - - 27-Mar-20
616 Enayetpur Spinning Mills Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 30-Dec-20
617 Energon Renewables (BD) Ltd. Corporate Surveillance BBB2(Pr) - - - 30-Apr-20
618 Energy Meter Company Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 16-May-20
619 Energypac Confidence Power Venture Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 04-Nov-20
620 Energypac Power Generation Ltd. Corporate Surveillance AA2 AA2(Lr)/AAA (Lr)ST-2 Stable 31-Oct-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
12
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
621 Engineer Builders SME Surveillance CRAB-SE 3 - - - 23-Sep-20
622 Enroute International Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 26-Apr-20
623 Envoy Textiles Ltd. Corporate Surveillance AA1 AA1(Lr) ST-2 Stable 31-Aug-20
624 Epic Garments & Manufacturing Co. Ltd. Corporate Surveillance AA1 AA1(Lr) ST-2 Stable 29-Feb-20
625 Epsilon LPG SME Initial Rating CRAB-SE 4 - - - 13-Nov-20
626 EPV Chittagong Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 15-Jun-20
627 EPV Thakurgaon Ltd. Corporate Initial Rating A3(Pr) - - - 30-Jun-20
628 Epyllion Fabrics Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 31-Dec-20
629 Epyllion Knitex Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 31-Jan-20
630 Epyllion Knitwears Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 31-Dec-20
631 Epyllion Limited Corporate Surveillance A1 A1(Lr) ST-3 Stable 31-Jan-20
632 Epyllion Style Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 31-Dec-20
633 Epyllion Washing Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 31-Jan-20
634 Eque Paper Mills Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 11-Sep-20
635 Era Construction Corporate Surveillance - BBB2(Lr) ST-3 - 10-Sep-20
636 Esack Brothers Industries Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable 30-Jun-20
637 Esquire Accessories Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 30-Jun-20
638 Esquire Dyeing Industries Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable 30-Jun-20
639 Esquire Electronics Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 30-Jun-20
640 Esquire Knit Composite Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 25-Oct-20
641 Esquire Plastics Ltd. Corporate Surveillance - - ST-4 - 21-Sep-20
642 Etasia Interlinings Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 12-Mar-20
643 Euro Arte Apparels Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-3 Stable 17-Apr-20
644 Euro Bangla Ceramics Ltd. Corporate Initial Rating - C(Lr) - 10-Apr-20
645 Euro Food Products & Packaging SME Initial Rating CRAB-SE 3 - - - 17-Dec-20
646 Euro Star Home Appliance Ind. Ltd. SME Initial Rating CRAB-ME 2 - - - 06-Mar-20
647 Europa Cold Storage Ltd. Corporate Surveillance - A2(Lr) ST-3 - 30-Jun-20
648 Eurozone Fashion Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 30-Dec-20
649 Eutech Systems Ltd. SME Initial Rating CRAB-SE 3 - - - 19-Feb-20
650 Excel Technologies Ltd. Corporate Initial Rating - BBB3(Lr) ST-3 - 21-Aug-20
651 Excel Telecom Pvt Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Dec-20
652 Excom Fashions Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-3 Stable 20-Nov-20
653 Exotic Knit Apparels Ltd. SME Surveillance CRAB-ME 4 - - - 30-Jul-20
654 Expose Trading Co. SME Initial Rating CRAB-SE 4 - - - 17-Sep-20
655 F K Filling Station SME Initial Rating CRAB-SE 4 - - - 19-Feb-20
656 F M Rubber & Chemical SME Surveillance CRAB-SE 4 - - - 28-Sep-20
657 F M Steel House SME Surveillance CRAB-SE 3 - - - 30-Mar-20
658 F N Logistic Corporate Surveillance - BBB3(Lr) - - 30-Oct-20
659 Fabulous Mega Mall & its Sister Concern SME Surveillance CRAB-SE 3 - - - 15-Aug-20
660 Fahad Enterprise SME Surveillance CRAB-SE 4 - - - 04-Aug-20
661 Fahim & Brothers SME Surveillance CRAB-SE 4 - - - 04-Sep-20
662 Fahim Enterprise SME Surveillance CRAB-SE 4 - - - 30-Nov-20
663 Fahim Stone House SME Initial Rating CRAB-SE 3 - - - 10-Dec-20
664 Fahmida Enterprise SME Initial Rating CRAB-SE 4 - - - 28-May-20
665 Fair Apparels Ltd. Corporate Surveillance - BBB3(Lr) ST-4 - 23-Sep-20
666 Fair Electric SME Initial Rating CRAB-SE 4 - - - 12-Jun-20
667 Faisal Hardware Store SME Surveillance CRAB-SE 3 - - - 26-Sep-20
668 Faisal Machinery Store and Hardware SME Initial Rating CRAB-SE 4 - - - 15-Jun-20
669 Faisal Traders & It’s Sister Concern (Monir & Brothers)SME Initial Rating CRAB-SE 3 - - - 24-Apr-20
670 Fakhor Uddin Ali Ahmed Corporate Initial Rating - A3(Lr) ST-3 - 17-Dec-20
671 Fakir Apparels Ltd. Corporate Surveillance AA1 AA1(Lr) ST-2 Stable 30-Nov-20
672 Fakir Fashion Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable 30-Nov-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
13
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
673 Fakir Flour & Daul Mill SME Surveillance CRAB-ME 2 - - - 07-Jun-20
674 Fakir International SME Surveillance CRAB-SE 3 - - - 10-Jun-20
675 Fakir Knitwears Ltd. Corporate Surveillance AA1 AA1(Lr) ST-2 Stable 28-Feb-20
676 Fame Apparels Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 27-Sep-20
677 Fame Design Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 27-Sep-20
678 Farheen Auto Flour Mill SME Surveillance CRAB-SE 4 - - - 03-May-20
679 Farid Labels SME Surveillance CRAB-ME 3 - - - 30-Dec-20
680 Faridul Alam Enterprise SME Initial Rating CRAB-SE 4 - - - 04-Dec-20
681 Farmland Green Auto Bricks Ltd. Corporate Initial Rating - BBB3(Lr) - - 13-Feb-20
682 Faruk Dugdha Khamar SME Initial Rating CRAB-SE 4 - - - 27-Mar-20
683 Faruk Enterprise SME Surveillance CRAB-SE 3 - - - 15-Aug-20
684 Faruk Textile SME Surveillance CRAB-ME 3 - - - 31-Dec-20
685 Farzana Oil Refineries Ltd. Corporate Surveillance AAA AAA(Lr) ST-1 Stable 31-Dec-20
686 Fashion Bangla SME Initial Rating CRAB-SE 4 - - - 29-Sep-20
687 Fashion Flash Ltd. Corporate Surveillance - BBB1(Lr) ST-3 - 27-Mar-20
688 Fashion Step Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 14-Mar-20
689 Fashion Watch Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-3 Stable 31-Jul-20
690 FASN Corporation SME Surveillance CRAB-SE 4 - - - 13-Sep-20
691 Faststream Logistics Ltd. Corporate Surveillance - BBB3(Lr) - - 10-Feb-20
692 Fatema Gani Enterprise SME Initial Rating CRAB-SE 4 - - - 06-Feb-20
693 Fatema Hardware & Electric Paints SME Surveillance CRAB-SE 3 - - - 19-Sep-20
694 Fawn Engineering & Electronics SME Initial Rating CRAB-SE 3 - - - 23-Jun-20
695 Fawn International SME Surveillance CRAB-ME 3 - - - 20-Nov-20
696 Fazar Ali Enterprise SME Initial Rating CRAB-SE 3 - - - 18-Jun-20
697 FCI (BD) Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 15-Feb-20
698 Ferdaous Steel Corporation Corporate Surveillance - BBB3(Lr) ST-3 - 10-Nov-20
699 Feroza Bricks Masnufacturing Co. SME Initial Rating CRAB-ME 4 - - - 28-May-20
700 Feroza Steel SME Surveillance CRAB-ME 3 - - - 25-Jul-20
701 Ferro Alloy Co. (Pvt) Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 30-Sep-20
702 Fiber@Home Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 13-Feb-20
703 Fine Tex Knitwears Ltd. Corporate Initial Rating - BBB3(Lr) - - 06-Aug-20
704 Finlay Properties Ltd. Corporate Initial Rating BBB2 BBB2(Lr) ST-3 Stable 15-May-20
705 Fintu Super Auto Rice Mill SME Initial Rating CRAB-SE 4 - - - 04-Dec-20
706 Firoz Traders SME Surveillance CRAB-SE 4 - - - 01-Feb-20
707 First Iron & Steel Trading SME Surveillance CRAB-SE 3 - - - 21-Mar-20
708 Fishtech (BD) Ltd. SME Initial Rating CRAB-ME 2 - - - 22-May-20
709 Five Star Ice & Clod Storage Ltd. Corporate Surveillance - A2(Lr) ST-3 - 30-Jun-20
710 Fiza & Co (Pvt) Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 28-Nov-20
711 Flora Limited Corporate Surveillance A3 A3(Lr) ST-3 Stable 17-Apr-20
712 Flyer Travel Express Ltd. SME Surveillance CRAB-ME 3 - - - 07-Mar-20
713 FM Pet Industries SME Initial Rating CRAB-SE 3 - - - 26-Jun-20
714 Focus Apparels (BD) Limited SME Surveillance CRAB-SE 4 - - - 18-Jul-20
715 Fortune Apparels Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 29-Dec-20
716 Fortune Navigation Corporate Surveillance - BBB3(Lr) - - 08-Nov-20
717 Four H Apparels Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 30-Nov-20
718 Four H Dyeing & Printing Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 15-Mar-20
719 Four H Fashion Ltd. Corporate Surveillance A1 A1(Lr) ST-2 Stable 30-Jun-20
720 Four H Lingerie Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 30-Nov-20
721 Friends Food And Snacks Ltd. SME Initial Rating CRAB-ME 3 - - - 19-Feb-20
722 Fu Wang Foods Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 30-Jun-20
723 Fuji Knitwears Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 07-Mar-20
724 Furuk Traders SME Initial Rating CRAB-SE 3 - - - 13-Feb-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
14
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
725 Fusion Accessories (BD) Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 27-Jul-20
726 Future Agro Complex (Pvt) Ltd. Corporate Surveillance - BB1(Lr) - - 04-Jan-20
727 Fu-Wang Ceramic Industry Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 28-Feb-20
728 G H Haewae Company Ltd. Corporate Initial Rating A3 A3(Lr) ST-3 Stable 24-Jul-20
729 G M Properties Ltd. SME Surveillance CRAB-SE 4 - - - 18-Jun-20
730 G Net Digital Communacation SME Surveillance CRAB-ME 3 - - - 20-Dec-20
731 Gaffar Iron Store SME Surveillance CRAB-SE 4 - - - 29-Mar-20
732 Gafur Enterprise SME Surveillance CRAB-SE 4 - - - 11-Sep-20
733 Galaxy Aviation Services Ltd. Corporate Surveillance - - ST-3 - 30-Sep-20
734 Galaxy Holidays Ltd. Corporate Surveillance - - ST-2 - 30-Sep-20
735 Galaxy Hotels & Resorts Ltd. Corporate Surveillance - BBB3(Lr) - - 30-Sep-20
736 Galaxy Lines Ltd. Corporate Surveillance BB1 - - Stable 30-Sep-20
737 Galaxy Travel International Corporate Surveillance - - ST-2 - 30-Sep-20
738 Galaxy World Logistic Ltd. Corporate Surveillance - A3(Lr) ST-2 - 30-Sep-20
739 Garib-E-Newaz Clod Storage Ltd. Corporate Surveillance - A2(Lr) ST-3 - 30-Jun-20
740 Gateway Real Estate Development Corporate Surveillance - BB1(Lr) - - 29-Sep-20
741 Gausia Motors SME Surveillance CRAB-SE 3 - - - 12-Sep-20
742 Gazi Fish Feed, Poultry Feed & Fisheries SME Surveillance CRAB-SE 3 - - - 23-May-20
743 Gazi Jute International SME Initial Rating CRAB-SE 3 - - - 28-Jun-20
744 Gazi Renewable Energy Company Ltd. Corporate Initial Rating BBB3 BBB3(Lr) - Stable 12-Jun-20
745 Gazipore & Marzapore Tea Estates (BD) Ltd. Corporate Surveillance A3 A3(Lr) ST-2 Stable 15-Dec-20
746 GBX Logistics Ltd. Corporate Surveillance - A2(Lr) ST-3 - 30-Sep-20
747 Gen Air Technology SME Initial Rating CRAB-SE 3 - - - 31-Jul-20
748 General Pharmaceuticals Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable 31-Dec-20
749 General Scientific Company Ltd. SME Surveillance CRAB-SE 4 - - - 04-Dec-20
750 General Trading Company Corporate Surveillance - BBB2(Lr) ST-3 - 30-Dec-20
751 Genuine Enterpris SME Initial Rating CRAB-SE 3 - - - 11-Sep-20
752 German Bangladesh Machine and steel SME Surveillance CRAB-SE 4 - - - 28-Jun-20
753 Ghazi Real Estate Ltd. SME Surveillance CRAB-SE 3 - - - 05-Dec-20
754 Gias Uddin Textile SME Surveillance CRAB-SE 4 - - - 30-Dec-20
755 Gift Gallery SME Surveillance CRAB-SE 3 - - - 27-Jun-20
756 Glasstech Ltd. SME Surveillance CRAB-SE 3 - - - 30-Jun-20
757 Global Brand (Pvt) Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 31-Dec-20
758 Global Electrode Ltd. Corporate Initial Rating BBB3(pr) - - - 27-May-20
759 Global Hi Tec Engineering Ltd. SME Initial Rating CRAB-SE 4 - - - 09-Oct-20
760 Global Impex SME Surveillance CRAB-SE 4 - - - 02-Mar-20
761 Global Knitwear Ltd. Corporate Surveillance - BBB3(Lr) ST-1, ST-3 - 18-Nov-20
762 Global Trims Industries Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable 12-Sep-20
763 Global Vision SME Surveillance CRAB-SE 3 - - - 27-Sep-20
764 Globe Agrovet Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Nov-20
765 Globe Biscuits & Dairy Milk Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 30-Nov-20
766 Globe Drugs Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 30-Nov-20
767 Globe Edible Oil Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 30-Nov-20
768 Globe Fisheries Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Nov-20
769 Globe Pharmaceuticals Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 30-Nov-20
770 Globe Soft Drinks Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable 30-Nov-20
771 Globex Marketing Company Ltd. Corporate Surveillance A3 A3(Lr) ST-1, ST-3 Stable 30-Sep-20
772 Glorious Fish & Meat Ltd. SME Surveillance CRAB-SE 4 - - - 24-Feb-20
773 Glory Polymer (Pvt.) Ltd. SME Initial Rating CRAB-ME 3 - - - 28-Dec-20
774 Glory Recycling Oil Industries Ltd. SME Surveillance CRAB-SE 3 - - - 21-Sep-20
775 Gobindapur Motsha Khamar SME Initial Rating CRAB-SE 4 - - - 17-Sep-20
776 Golam Mostofa SME Initial Rating CRAB-SE 4 - - - 10-Dec-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
15
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
777 Gold Star Electronics SME Surveillance CRAB-SE 3 - - - 06-Jun-20
778 Golden Electronics SME Surveillance CRAB-SE 3 - - - 02-Dec-20
779 Golden Son Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-1, ST-4 Stable 31-Dec-20
780 Golden Star Industries Ltd. Corporate Surveillance - BB2(Lr) ST-3 - 31-Oct-20
781 Golden Traders Corporate Surveillance - BBB3(Lr) ST-3 - 29-Sep-20
782 Good Heal Hospital SME Initial Rating CRAB-SE 3 - - - 30-Oct-20
783 Good Rich Sweaters Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 30-Jun-20
784 Gousia Machinery Store SME Initial Rating CRAB-SE 3 - - - 06-Nov-20
785 Gousia Mill Store SME Initial Rating CRAB-SE 3 - - - 06-Feb-20
786 Gram Bangla Tubes Ltd. Corporate Surveillance - - ST-4 - 30-Jun-20
787 Grameen Computer SME Initial Rating CRAB-SE 3 - - - 17-Dec-20
788 Grameen Tubes & Bulbs Co. SME Initial Rating CRAB-SE 4 - - - 27-Mar-20
789 Grand Zam Zam Tower Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 26-Dec-20
790 Graphics Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-1, ST-3 Stable 10-Dec-20
791 Graphics Textiles Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 27-Mar-20
792 Great Wall Ceramics Industries Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 29-Jun-20
793 Great Wall Printing and Packaging Ltd. Corporate Initial Rating BBB2 BBB2(Lr) ST-3 Stable 31-Dec-20
794 Green Arrow Sweater Industries Ltd. Corporate Surveillance - - ST-4 - 29-Jun-20
795 Green Grain International SME Initial Rating CRAB-SE 3 - - - 31-Dec-19
796 Green Granite & Marble Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 31-Mar-20
797 Green Life Natural Healthcare SME Surveillance CRAB-SE 3 - - - 30-Oct-20
798 Green View Resort & Convention Center Ltd. SME Initial Rating CRAB-SE 4 - - - 06-Feb-20
799 Greenstone Knitwears Ltd. SME Surveillance CRAB-SE 3 - - - 20-Sep-20
800 GS Sweaters Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 30-Nov-20
801 GSM Trading SME Surveillance CRAB-SE 3 - - - 20-Jun-20
802 GTA Sports Ltd. Corporate Surveillance - BB1(Lr) ST-4 - 29-Mar-20
803 Gulf Knitting & Textile Ltd. Corporate Surveillance - BBB1(Lr) ST-3 - 24-Nov-20
804 Gulzar Enterprise SME Initial Rating CRAB-SE 3 - - - 30-Dec-20
805 H B Traders SME Initial Rating CRAB-SE 3 - - - 25-Dec-20
806 H Bricks SME Surveillance CRAB-SE 4 - - - 10-Oct-20
807 H I Apparels Ltd. SME Surveillance CRAB-ME 3 - - - 20-May-20
808 H K Apparels Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 28-Aug-20
809 H K Steel Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 31-Dec-19
810 H M Rahman LPG Gas Plant SME Surveillance CRAB-ME 4 - - - 22-Nov-20
811 H R Corporation SME Surveillance CRAB-SE 3 - - - 17-May-20
812 H R Trade International SME Surveillance CRAB-SE 4 - - - 04-Dec-20
813 H R Transport Agency SME Surveillance CRAB-ME 2 - - - 17-Apr-20
814 H S Corporation Corporate Surveillance - BBB3(Lr) ST-3 - 08-Jun-20
815 Habib & Sons SME Surveillance CRAB-SE 4 - - - 21-Dec-20
816 Habib Aggregate Industries SME Surveillance CRAB-SE 3 - - - 18-Apr-20
817 Habib Chaul Kal SME Surveillance CRAB-SE 4 - - - 29-May-20
818 Habib Clinic & Diagnostic Center and its Sister Concern (M/S. Laila Drug House, M/S. New Layla Drug House)SME Surveillance CRAB-ME 3 - - - 21-Mar-20
819 Habib CNG Filling Station SME Surveillance CRAB-SE 3 - - - 24-Jan-20
820 Habib Filling Station SME Surveillance CRAB-SE 3 - - - 08-May-20
821 Habib Store & its Sister Concern SME Initial Rating CRAB-SE 4 - - - 23-Jan-20
822 Habiganj Agro Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable 04-Dec-20
823 Hafeza General Store SME Initial Rating CRAB-SE 4 - - - 30-Oct-20
824 Haider Construction (Pvt.) Ltd. SME Initial Rating CRAB-SE 4 - - - 13-Nov-20
825 Haider Machinaries Corporate Surveillance - BBB3(Lr) ST-3 - 21-Mar-20
826 Haider Machinery Store Corporate Surveillance - - ST-3 - 20-May-20
827 Haider Motors Corporate Surveillance - - ST-3 - 17-Feb-20
828 Hajee Abdul Gafur and Alamgir Steel and Iron SME Initial Rating CRAB-SE 3 - - - 30-Oct-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
16
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
829 Hajee Automobiles Corporate Surveillance - BBB2(Lr) ST-3 - 30-Jun-20
830 Hajee Nuru Miah SME Initial Rating CRAB-SE 4 - - - 20-Nov-20
831 Haji Gous Miah SME Initial Rating CRAB-SE 2 - - - 01-May-20
832 Haji Kabir Traders SME Surveillance CRAB-SE 3 - - - 20-Sep-20
833 Haji Store SME Initial Rating CRAB-SE 4 - - - 28-May-20
834 Hakim & Sons SME Surveillance CRAB-ME 4 - - - 29-Jun-20
835 Hakim Chaul Kall SME Surveillance CRAB-SE 4 - - - 07-Mar-20
836 Halima Chaul Kal SME Surveillance CRAB-SE 4 - - - 16-May-20
837 Halima Enterprise SME Initial Rating CRAB-SE 3 - - - 28-Jun-20
838 Halima Enterprise (MTBL) SME Initial Rating CRAB-SE 4 - - - 31-Jul-20
839 Hamdard Laboratories (WAQF) Bangladesh Corporate Surveillance AA3 AA3(Lr) ST-3 Stable 13-Dec-20
840 Hamid & Sons Auto Rice Mill SME Initial Rating CRAB-SE 4 - - - 28-Jun-20
841 Hamid Fabrics Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 31-Dec-20
842 Hamid Steel Re-Rolling Mills SME Surveillance CRAB-ME 3 - - - 17-Oct-20
843 Hamid Weaving Mills Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 31-Dec-20
844 Hamida Plastic Ltd. Corporate Surveillance AA1 AA1(Lr) ST-1 Stable 31-Dec-20
845 Hanifi Auto Board Mills Ltd. SME Initial Rating CRAB-SE 4 - - - 17-Dec-20
846 Hanto Engineering and Foundry SME Initial Rating CRAB-SE 3 - - - 27-Mar-20
847 Happy Traders SME Surveillance CRAB-SE 3 - - - 26-Sep-20
848 Haq’s Bay Automobiles Ltd. Corporate Initial Rating - BB1(Lr) ST-4 - 10-Apr-20
849 Haque & Sons SME Surveillance CRAB-ME 4 - - - 17-Sep-20
850 Haque and Company Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 31-Mar-20
851 Haque Auto Rice Mill SME Initial Rating CRAB-SE 4 - - - 17-Apr-20
852 Haque Auto Rice Mill (Unit-3) SME Initial Rating CRAB-SE 4 - - - 17-Apr-20
853 Haque Chemicals Enterprise SME Surveillance CRAB-SE 3 - - - 23-Oct-20
854 Haque Enterprise SME Surveillance CRAB-SE 3 - - - 27-Jun-20
855 Haque Food Industries Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 07-Feb-20
856 Haque International SME Initial Rating CRAB-SE 4 - - - 30-Dec-20
857 Haque Poultry SME Initial Rating CRAB-SE 3 - - - 24-Apr-20
858 Harrods Knit Wear Ltd. Corporate Surveillance - BB1(Lr) ST-4 - 20-Dec-20
859 Harun & Brothers SME Surveillance CRAB-SE 4 - - - 23-Oct-20
860 Harun Enterprise SME Initial Rating CRAB-SE 4 - - - 30-Mar-20
861 Harun Flour Mills Ltd. Corporate Surveillance - BBB3(Lr) - - 30-Apr-20
862 Hasan Ali Khan SME Surveillance CRAB-SE 4 - - - 06-Jun-20
863 Hasan and Brothers SME Initial Rating CRAB-SE 4 - - - 13-Feb-20
864 Hasan Book Depot Corporate Surveillance - BBB1(Lr) ST-3 - 14-Nov-20
865 Hasan Chaul Kal SME Surveillance CRAB-SE 3 - - - 26-Jul-20
866 Hasan Enterprise SME Initial Rating CRAB-SE 4 - - - 13-Nov-20
867 Hasan Enterprise (Khulna 2) SME Initial Rating CRAB-SE 4 - - - 27-Nov-20
868 Hasan Enterprise (Khulna) SME Initial Rating CRAB-SE 3 - - - 20-Nov-20
869 Hasan Enterprise (Pubali Bank) SME Initial Rating CRAB-SE 3 - - - 30-Mar-20
870 Hasan Flour Mills Ltd. Corporate Surveillance AA1 AA1(Lr) ST-1 Stable 31-Dec-20
871 Hasan Store SME Surveillance CRAB-SE 4 - - - 10-Oct-20
872 Hasen Ali SME Initial Rating CRAB-SE5 - - - 28-Jun-20
873 Hasen Cold Storage Ltd. Corporate Initial Rating - B1(Lr) ST-5 - 28-Jun-20
874 Hasen Jute Industries Ltd. Corporate Initial Rating - B1(Lr) ST-5 - 28-Jun-20
875 Hashem Bricks Manufacturing SME Initial Rating CRAB-SE 4 - - - 13-Feb-20
876 Hasib Chaul Kal Corporate Surveillance - - ST-3 - 28-Sep-20
877 Hasib Electric Corporate Surveillance - - ST-3 - 30-Jun-20
878 Hasna Textile SME Initial Rating CRAB-SE 3 - - - 22-May-20
879 Hassan Brothers Corporate Surveillance - BBB1(Lr) ST-3 - 14-Nov-20
880 Have International SME Initial Rating CRAB-SE 3 - - - 26-Jun-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
17
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
881 Hazi Composite Poultry Ltd. Corporate Initial Rating BB1(pr) - - - 21-May-20
882 Hazi Gofur Enterprise SME Surveillance CRAB-SE 4 - - - 25-Apr-20
883 Hazi Pharmacy SME Surveillance CRAB-SE 4 - - - 10-May-20
884 Hazi Traders SME Initial Rating CRAB-SE 4 - - - 30-Oct-20
885 Hazi Villa (SME) SME Initial Rating CRAB-SE 4 - - - 06-Feb-20
886 HDS Construction Ltd. SME Initial Rating CRAB-SE 3 - - - 03-Jul-20
887 Health Care Solution Ltd. SME Initial Rating CRAB-SE 3 - - - 13-Nov-20
888 Heart Beat Telecom SME Initial Rating CRAB-SE 4 - - - 11-Sep-20
889 Heaven Assets Ltd. SME Initial Rating CRAB-SE 3 - - - 21-Aug-20
890 Hejaj Steel Corporate Surveillance - BBB3(Lr) ST-3 - 30-Sep-20
891 Helicon Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 15-Feb-20
892 Herbo laboratories Unani SME Surveillance CRAB-SE 4 - - - 07-Nov-20
893 Heritage Interlinings Ltd. SME Initial Rating CRAB-SE 4 - - - 28-Dec-20
894 Heritage Polymer & Lami Tubes Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 19-Mar-20
895 Highway Accessories Ltd. SME Initial Rating CRAB-SE 4 - - - 12-Jun-20
896 Highway Bricks SME Initial Rating CRAB-ME 3 - - - 28-May-20
897 Highway Filling Station SME Surveillance CRAB-ME 3 - - - 03-Jun-20
898 Hili Motors SME Initial Rating CRAB-SE 3 - - - 04-Sep-20
899 HKF Group of Industries SME Surveillance CRAB-SE 3 - - - 06-Jun-20
900 HNM Packaging Industries Corporate Surveillance - BBB3(Lr) - - 30-Jun-20
901 HNMJ Fashion Ltd. SME Initial Rating CRAB-SE 4 - - - 28-Jun-20
902 Home Pest Control Ltd. And Its Sister Concern (Rahman Pesticide & Chemicals Co.)SME Surveillance CRAB-SE 3 - - - 06-Feb-20
903 Hoque Traders SME Surveillance CRAB-SE 3 - - - 16-May-20
904 Horayss And Company Ltd. SME Surveillance CRAB-SE 5 - - - 27-Mar-20
905 Horizon Fashion Wear Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 15-Dec-20
906 Hossain Brothers SME Surveillance CRAB-SE 4 - - - 18-Oct-20
907 Hossain Electronics SME Surveillance CRAB-SE 4 - - - 10-May-20
908 Hossain Steel Industries SME Initial Rating CRAB-ME 3 - - - 13-Nov-20
909 Hossain Traders SME Surveillance CRAB-ME 3 - - - 26-Jun-20
910 Hossainia Flour Mills SME Surveillance CRAB-SE 3 - - - 21-Mar-20
911 Hossan & Brothers SME Initial Rating CRAB-SE 3 - - - 19-Feb-20
912 Hotel Ababil SME Initial Rating CRAB-SE 3 - - - 23-Jun-20
913 Hotel Arena SME Initial Rating CRAB-SE 3 - - - 17-Dec-20
914 Hotel Miami (Pvt.) Ltd. SME Surveillance CRAB-ME 3 - - - 04-Dec-20
915 HRC Technologies Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable 31-Aug-20
916 Hredi Construction & Its sister concern Sunrise EngineeringSME Initial Rating CRAB-SE 3 - - - 17-Sep-20
917 HRM Corporation SME Surveillance CRAB-ME 2 - - - 30-Dec-20
918 Hujaifa Builders SME Surveillance CRAB-SE 4 - - - 26-Dec-20
919 Hujaifa Enterprise SME Surveillance CRAB-SE 3 - - - 26-Dec-20
920 Huma Trims Ltd. SME Surveillance CRAB-SE 3 - - - 17-May-20
921 Hyder Automobiles SME Surveillance CRAB-SE 3 - - - 20-Jun-20
922 Hydroxide Knitwear Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 23-Jan-20
923 Hygienic Care Product Industries Corporate Initial Rating - BBB3(Lr) ST-3 - 30-Dec-20
924 I.Q Knit & Fabrics and Its sister concern (Iqbal Hardware and paints)SME Initial Rating CRAB-SE 3 - - - 06-Feb-20
925 IBCO Food Industries Ltd. Corporate Initial Rating BBB2 BBB2(Lr) ST-3 Stable 29-Sep-20
926 IBN SINA Hospital Sylhet Ltd. Corporate Surveillance - A3(Lr) - - 30-Dec-20
927 IBN Sina Trust Corporate Initial Rating A2 - - Stable 16-Oct-20
928 Ibrahim Knit Garments (Pvt.) Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 15-Dec-20
929 Ichamati Clinic SME Initial Rating CRAB-SE 4 - - - 24-Jul-20
930 ICS Drug Corner (SME) SME Initial Rating CRAB-SE 3 - - - 15-May-20
931 Ideal Electrical Enterprise Ltd. Corporate Surveillance - - ST-3 - 15-May-20
932 Ideal Printing House Corporate Initial Rating - BBB3(Lr) ST-3 - 21-Mar-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
18
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
933 IFAD Autos Ltd. Corporate Surveillance AA2 AA2(Lr) ST-3 Stable 15-Mar-20
934 IFAD Motors Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 26-Jun-20
935 IFAD Multi Products Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 28-Feb-20
936 Image and its Sister Concern Alaluddin Brothers SME Surveillance CRAB-SE 4 - - - 08-May-20
937 Impex International Corporate Surveillance - BBB3(Lr) - - 14-Dec-20
938 Impex Trade International SME Surveillance CRAB-SE 2 - - - 30-Apr-20
939 Impress-Newtex Composite Textiles Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 04-Dec-20
940 Imran Enterprise SME Initial Rating CRAB-SE 3 - - - 23-Sep-20
941 Index Agro Industries Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Sep-20
942 Infer International SME Surveillance CRAB-SE 4 - - - 27-Sep-20
943 Infinity Engineering Ltd. & Its Sister Concern Razu EnterpriseSME Surveillance CRAB-SE 3 - - - 18-Jun-20
944 Infratech Construction Company Corporate Initial Rating - BB3(Lr) - - 16-Oct-20
945 Innovative International SME Surveillance CRAB-SE 4 - - - 19-Feb-20
946 INTEFA Corporate Surveillance - - ST-3 - 30-Jun-20
947 Integrated Power & Engineering SME Surveillance CRAB-SE 3 - - - 12-Sep-20
948 Integrated Security Services Ltd. Corporate Surveillance - BBB3(Lr) - - 24-Mar-20
949 Interlink Accessories Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 31-Dec-19
950 Interlink Apparels Corporate Surveillance - BBB3(Lr) ST-3 - 31-Dec-19
951 Interlink Dresses Corporate Surveillance - BBB3(Lr) ST-3 - 31-Dec-19
952 International Marine Services SME Initial Rating CRAB-SE 3 - - - 04-Sep-20
953 International Trading Services Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 23-Sep-20
954 Intimate printing & Packaging Corporate Surveillance - - ST-3 - 22-Oct-20
955 Intimate Trading House Ltd. Corporate Surveillance - - ST-3 - 22-Jun-20
956 Intimates Elastic Industries Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 30-Mar-20
957 Iqbal Enterprise SME Surveillance CRAB-SE 4 - - - 16-Aug-20
958 Iqbal Trading Corpora Corporate Surveillance - - ST-3 - 28-May-20
959 Iqramul Haque Store SME Surveillance CRAB-SE 3 - - - 08-Aug-20
960 IR Limited SME Initial Rating CRAB-ME 4 - - - 13-Nov-20
961 Irfan Traders SME Surveillance CRAB-SE 4 - - - 15-Nov-20
962 Irfat Enterprise SME Surveillance CRAB-SE 4 - - - 15-Nov-20
963 Ishfar Oil Mills Ltd. Corporate Initial Rating BBB2 BBB2(Lr) ST-3 Stable 15-May-20
964 Ishmam Enterprise SME Initial Rating CRAB-SE 3 - - - 24-Jul-20
965 Islam Construction SME Initial Rating CRAB-SE 4 - - - 30-Dec-20
966 Islam Engineering Co. SME Surveillance CRAB-SE 3 - - - 17-Feb-20
967 Islam Enterprise SME Initial Rating CRAB-SE 3 - - - 26-Jun-20
968 Islam Enterprise SME Initial Rating CRAB-SE 3 - - - 15-Dec-20
969 Islam Foam Traders SME Initial Rating CRAB-SE 3 - - - 24-Apr-20
970 Islam Garments SME Surveillance CRAB-SE 4 - - - 30-Mar-20
971 Islam Garments Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 30-Jun-20
972 Islam Knit Design Ltd. Corporate Surveillance - A3(Lr) ST-3 - 31-Dec-20
973 Islam Motors & Electronics SME Initial Rating CRAB-SE 3 - - - 27-Nov-20
974 Islam Pack & Accessories Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 30-Nov-20
975 Islam Traders (Chapai Nawabgonj) SME Initial Rating CRAB-SE 4 - - - 17-Dec-20
976 Islam Trading SME Surveillance CRAB-SE 4 - - - 14-Jun-20
977 Islam Trading Corporation SME Surveillance CRAB-SE 3 - - - 12-Sep-20
978 Islami Rice Agency SME Initial Rating CRAB-SE 4 - - - 28-Dec-20
979 Islampur Trading SME Surveillance CRAB-SE 4 - - - 29-Aug-20
980 Ismail Enterprise & Its Sister Concern (M S Traders) SME Surveillance CRAB-SE 3 - - - 29-Nov-20
981 Ismail Hossain SME Surveillance CRAB-SE 3 - - - 08-May-20
982 Ispahani Agro Ltd. Corporate Surveillance A3 A3(Lr) ST-2 Stable 15-Dec-20
983 Ispahani Foods Ltd. Corporate Surveillance A2 A2(Lr) ST-2 Stable 15-Dec-20
984 Ispahani Marshal Limited Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 15-Dec-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
19
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
985 Ispahani Tea Ltd. Corporate Surveillance A1 A1(Lr) ST-2 Stable 15-Dec-20
986 ITD Bangladesh Company Ltd. Corporate Surveillance - A3(Lr) - - 30-Jun-20
987 J & J Equipements Service SME Initial Rating CRAB-SE 4 - - - 10-Dec-20
988 J B Cylinder Ltd. SME Surveillance CRAB-ME 3 - - - 15-Mar-20
989 J H Enterprise SME Initial Rating CRAB-SE 4 - - - 17-Dec-20
990 J H Enterprise and Its sister Consern M/s Jubayer EnterpriseSME Surveillance CRAB-SE 3 - - - 25-Jul-20
991 J J Knitting SME Surveillance CRAB-SE 4 - - - 27-Sep-20
992 J K Cotton Mills Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 31-Dec-19
993 J K Knit Composite Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 31-Dec-19
994 J k Sanittary SME Surveillance CRAB-SE 3 - - - 04-Nov-20
995 J K Spinning Mills Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 31-Dec-19
996 J K Synthetic Mills Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 31-Dec-19
997 J S Construction SME Initial Rating CRAB-SE 4 - - - 06-Mar-20
998 J S Fish Traders SME Initial Rating CRAB-SE 3 - - - 01-May-20
999 J S M Corporation SME Initial Rating CRAB-SE 3 - - - 24-Apr-20
1000 Jaantex Industries Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-1, ST-2, ST-3Stable 29-Aug-20
1001 Jaba Semi Auto Rice Mill SME Surveillance CRAB-SE 3 - - - 28-Dec-20
1002 Jabal E Nur International SME Surveillance CRAB-SE 3 - - - 05-Sep-20
1003 Jabbaria Enterprise SME Surveillance CRAB-ME 4 - - - 08-Mar-20
1004 Jabed Agro Food Processing Ltd. Corporate Initial Rating - BBB3(Lr) - - 13-Mar-20
1005 Jabreen International Corporate Surveillance - BBB3(Lr) ST-3 - 29-May-20
1006 Jahangir & Others Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 15-Dec-20
1007 Jahangir Dal Mill SME Initial Rating CRAB-SE 3 - - - 29-Sep-20
1008 Jahangir Enterprise SME Initial Rating CRAB-SE 3 - - - 23-Dec-20
1009 Jahid Enterprise SME Surveillance CRAB-SE 4 - - - 24-Oct-20
1010 Jalal Chaul Kall & sister concern Alamgir Dairy Farm SME Initial Rating CRAB-SE 4 - - - 16-Oct-20
1011 Jalil Enterprise SME Initial Rating CRAB-SE 4 - - - 20-Nov-20
1012 Jaman Enterprise SME Initial Rating CRAB-SE 4 - - - 04-Dec-20
1013 Jamil Garments SME Initial Rating CRAB-SE 3 - - - 23-Oct-20
1014 Jamuna CNG Station SME Surveillance CRAB-SE 3 - - - 15-Apr-20
1015 Jamuna Edible Oil Industries Corporate Surveillance - BB2(Lr) ST-4 - 31-Dec-19
1016 Jamuna Edible Oil Industries Ltd. Unit-2 Corporate Surveillance - BB2(Lr) ST-4 - 07-Jun-20
1017 Jamuna Jute Industries Ltd. Corporate Surveillance - BB1(Lr) ST-4 - 31-Dec-19
1018 Jamuna National Park SME Surveillance CRAB-ME 4 - - - 15-Apr-20
1019 Jamuna Seeds Storage (Pvt.) Ltd. Corporate Surveillance - BB3(Lr) ST-4 - 31-Dec-19
1020 Janani Auto Chira & Rice Mill SME Initial Rating CRAB-SE 3 - - - 20-Nov-20
1021 Janata Auto Center SME Surveillance CRAB-SE 3 - - - 26-Dec-20
1022 Janata Flour & Rice Mill & its Sistar Concern Janata Oil Mill (SME)SME Initial Rating CRAB-SE 3 - - - 06-Mar-20
1023 Jannat Flour Mills SME Surveillance CRAB-ME 3 - - - 30-Jun-20
1024 Jannat Foods SME Initial Rating CRAB-SE 4 - - - 26-Jun-20
1025 Janoni Traders SME Initial Rating CRAB-SE 4 - - - 13-Feb-20
1026 Jans Elastica Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 02-Dec-20
1027 Jarin Corporation Corporate Initial Rating - BBB2(Lr) ST-3 - 15-May-20
1028 Jarina Metal Works SME Surveillance CRAB-SE 4 - - - 29-Dec-20
1029 Jashim Store SME Initial Rating CRAB-SE 3 - - - 27-Nov-20
1030 Jashim Traders (DBBL) SME Surveillance CRAB-SE 3 - - - 29-Sep-20
1031 Jazira Fabric SME Surveillance CRAB-ME 3 - - - 05-Dec-20
1032 JBP Creation Point Ltd. SME Initial Rating CRAB-SE 4 - - - 04-Dec-20
1033 JC Printing and Packaging SME Initial Rating CRAB-SE 3 - - - 08-May-20
1034 Jeans Manufacturing Co. Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 30-Oct-20
1035 Jeans Treat Ltd. SME Surveillance CRAB-ME 4 - - - 19-Dec-20
1036 Jenil Filling Station SME Surveillance CRAB-SE 3 - - - 31-May-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
20
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
1037 Jewel Construction (PVT) Ltd. SME Initial Rating CRAB-SE 4 - - - 29-Sep-20
1038 Jewel Enterprise SME Surveillance CRAB-SE 4 - - - 09-Oct-20
1039 Jhatika Traders Ltd. SME Surveillance CRAB-ME 4 - - - 19-Jul-20
1040 Jhorna Printers Unit-2 SME Initial Rating CRAB-SE 3 - - - 23-Jun-20
1041 Jhuma Accessories Ltd. SME Surveillance CRAB-SE 3 - - - 17-May-20
1042 Jihan Footwear Pvt. Ltd. SME Surveillance CRAB-ME 3 - - - 24-Feb-20
1043 JME Packaging SME Initial Rating CRAB-SE 3 - - - 23-Jun-20
1044 JME Trade Link Ltd. SME Surveillance CRAB-SE 4 - - - 22-May-20
1045 JMG International SME Surveillance CRAB-SE 3 - - - 18-Jun-20
1046 JMS Garments Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 15-Dec-20
1047 Jonaki Traders SME Surveillance CRAB-SE 3 - - - 27-Sep-20
1048 Jononi Traders SME Surveillance CRAB-SE 3 - - - 07-Jan-20
1049 Joty Plastic Company SME Surveillance CRAB-SE 3 - - - 27-Nov-20
1050 Joy & 3 Stars Pvt. Ltd. SME Initial Rating CRAB-SE 4 - - - 17-Apr-20
1051 Joy Flour Mills SME Surveillance CRAB-ME 3 - - - 07-Jun-20
1052 Joy Jute Mills SME Surveillance CRAB-SE 3 - - - 07-Jun-20
1053 Joydev Saha SME Initial Rating CRAB-SE 4 - - - 17-Dec-20
1054 Joynal Abedin SME Surveillance CRAB-SE 4 - - - 06-Feb-20
1055 Joyram Vandar SME Initial Rating CRAB-SE 3 - - - 10-Dec-20
1056 Jui Juthi Filling Station SME Initial Rating CRAB-SE 3 - - - 24-Apr-20
1057 Jui Juthi Service Centre SME Initial Rating CRAB-SE 3 - - - 24-Apr-20
1058 Jumara Enterprise SME Initial Rating CRAB-SE 3 - - - 29-Jun-20
1059 Jupiter Enterprise SME Surveillance CRAB-ME 2 - - - 15-Nov-20
1060 Just Bricks Manufacturer SME Surveillance CRAB-SE 3 - - - 24-Jul-20
1061 Juventus International and its sister concern SME Initial Rating CRAB-SE 3 - - - 18-Jun-20
1062 Juyairia International SME Initial Rating CRAB-SE 3 - - - 17-Apr-20
1063 K B Traders Corporate Surveillance - - ST-3 - 30-Dec-20
1064 K M Traders SME Surveillance CRAB-SE 4 - - - 07-Mar-20
1065 K R Fish SME Initial Rating CRAB-SE 3 - - - 27-Nov-20
1066 K S Farms SME Surveillance CRAB-SE 4 - - - 24-Feb-20
1067 K T Dal Mill SME Surveillance CRAB-SE 4 - - - 15-Jun-20
1068 Kadena Sportwear Ltd. Corporate Initial Rating A2 A2(Lr) ST-3 Stable 22-Sep-20
1069 Kaium Enterprise SME Initial Rating CRAB-SE 4 - - - 20-Nov-20
1070 Kamal Iron Mart SME Surveillance CRAB-SE 3 - - - 30-Aug-20
1071 Kamal Kanti Saha SME Surveillance CRAB-SE 3 - - - 21-Sep-20
1072 Kamal Motors Oil & Parts SME Surveillance CRAB-SE 3 - - - 21-Sep-20
1073 Kamal Textile SME Initial Rating CRAB-ME 4 - - - 10-Dec-20
1074 Kamal Yarn Storre SME Initial Rating CRAB-ME 4 - - - 10-Dec-20
1075 Kamarjani Traders SME Surveillance CRAB-SE 3 - - - 06-Mar-20
1076 Kamrul Trading Corporation SME Initial Rating CRAB-ME 3 - - - 30-Dec-20
1077 Karim & Sons SME Surveillance CRAB-SE 4 - - - 29-Aug-20
1078 Karim Enterprise SME Initial Rating CRAB-SE 4 - - - 13-Nov-20
1079 Karim Spinning Mills Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 18-Jun-20
1080 Karim Store SME Surveillance CRAB-SE 3 - - - 23-Jun-20
1081 Karim Textiles Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 18-Jun-20
1082 Karnaphuli Travel Agency Ltd. SME Initial Rating CRAB-SE 4 - - - 24-Apr-20
1083 Karnophuli Traders SME Initial Rating CRAB-SE 3 - - - 04-Sep-20
1084 Karooni Knit Composite Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 31-Jan-20
1085 Karotoa Spinning Mills Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 30-Dec-20
1086 Kartik Store (SME_Surveillance) SME Surveillance CRAB-SE 3 - - - 19-Feb-20
1087 Kashem & Rahman Printing Press SME Surveillance CRAB-SE 4 - - - 15-Jun-20
1088 Kaveri Sweaters Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 30-Dec-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
21
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
1089 Kazal Enterprise SME Initial Rating CRAB-SE 4 - - - 23-Dec-20
1090 Kazi Additive Ltd. SME Initial Rating CRAB-SE 3 - - - 31-Jul-20
1091 Kazi Moynul Hussain SME Initial Rating CRAB-SE 3 - - - 04-Dec-20
1092 Kazi Trust Link SME Initial Rating CRAB-SE 3 - - - 31-Jul-20
1093 Kazipur Fashions Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Jun-20
1094 KB International SME Initial Rating CRAB-SE 3 - - - 28-Jun-20
1095 Kentucky Textile Ltd. Corporate Surveillance - BB1(Lr) ST-4 Stable 29-Sep-20
1096 Keranigonj Enterprise and Its Sister Concerns SME Surveillance CRAB-SE 3 - - - 11-Apr-20
1097 Khagrachari Stone Suppliers SME Initial Rating CRAB-SE 4 - - - 27-Mar-20
1098 Khaja Air Liner SME Surveillance CRAB-SE 4 - - - 17-Dec-20
1099 Khaja Enterprise SME Initial Rating CRAB-SE 4 30-Dec-20
1100 Khaja Polythine Mart SME Surveillance CRAB-SE 3 - - - 09-Dec-20
1101 Khaled Trade International Corporate Surveillance - B2(Lr) ST-5 - 29-May-20
1102 Khaleque Enterprise SME Initial Rating CRAB-SE 4 - - - 04-Dec-20
1103 Khalil & Sons SME Surveillance CRAB-SE 3 - - - 13-Mar-20
1104 Khan & Sons Auto Rice Mill Corporate Surveillance - BBB3(Lr) ST-3 - 05-Aug-20
1105 Khan Auto Rice Mill Ltd. SME Surveillance CRAB-ME 3 - - - 13-Nov-20
1106 Khan Brothers CNG (Pvt) Limited SME Surveillance CRAB-ME 3 - - - 06-Feb-20
1107 Khan Brothers Ship Building Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable 29-Jun-20
1108 Khan Enterprise SME Initial Rating CRAB-ME 3 - - - 27-Nov-20
1109 Khan Traders SME Surveillance CRAB-SE 3 - - - 08-May-20
1110 Khan Traders SME Initial Rating CRAB-SE 3 - - - 28-Dec-20
1111 Khan Traders (IBBL) SME Surveillance CRAB-SE 3 - - - 20-Sep-20
1112 Khan Trading & Saw Mill SME Surveillance CRAB-SE 3 - - - 30-Dec-20
1113 Khandker Metal Industries SME Initial Rating CRAB-SE 5 - - - 27-Nov-20
1114 Khantex Fashions Ltd. Corporate Initial Rating - BB1(Lr) ST-4 - 18-Jun-20
1115 Khaza Azmir Enterprise SME Initial Rating CRAB-SE 4 - - - 04-Dec-20
1116 Khaza Chaul Kal SME Initial Rating CRAB-SE 4 - - - 11-Sep-20
1117 KHM Power Ltd. SME Initial Rating CRAB-ME 3 - - - 20-Mar-20
1118 Khokan Enterprise SME Initial Rating CRAB-SE 3 - - - 30-Jan-20
1119 Khokon Traders SME Initial Rating CRAB-SE 4 - - - 17-Dec-20
1120 Khondakar Trading Corporation SME Initial Rating CRAB-SE 3 - - - 28-Aug-20
1121 Khondoker Traders SME Surveillance CRAB-SE 4 - - - 20-May-20
1122 Khusbu Enterprise SME Initial Rating CRAB-SE 3 - - - 23-Oct-20
1123 KHWAJA Enterprise (IBBL) SME Surveillance CRAB-SE 3 - - - 15-Sep-20
1124 Kibria Agro Industries Corporate Surveillance - BBB2(Lr) ST-3 - 14-Jun-20
1125 Kibria Paper Mill Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 29-Mar-20
1126 Kibria Traders Corporate Surveillance - BBB2(Lr) ST-3 - 14-Jun-20
1127 Kishwan Agro Products Ltd. Corporate Surveillance - A3(Lr) ST-3 - 24-Feb-20
1128 Kishwan Sancks Ltd. Corporate Surveillance - A3(Lr) ST-3 - 24-Feb-20
1129 Kismat Trading Corporation Corporate Surveillance - BBB3(Lr) ST-3 - 14-Jun-20
1130 Knit City Ltd. Corporate Surveillance - - ST-3 - 30-Jun-20
1131 Knit Radix Ltd. Corporate Surveillance - BB1(Lr) ST-4 - 19-Apr-20
1132 Knitexpo Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 30-Mar-20
1133 Knitivo Fashion Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 16-Aug-20
1134 Kolka CNG SME Surveillance CRAB-SE 3 - - - 12-Mar-20
1135 Korban Ali Engineering Works SME Surveillance CRAB-ME 3 - - - 08-Aug-20
1136 Korotoa Chemical SME Surveillance CRAB-SE 3 - - - 30-Dec-20
1137 Kosturi Restora SME Surveillance CRAB-SE 4 - - - 12-Dec-20
1138 Krishan Auto Rice Mill Corporate Surveillance - BBB3(Lr) ST-3 - 21-Dec-20
1139 Krishan Enterprise Corporate Surveillance - BBB3(Lr) ST-3 - 21-Dec-20
1140 Kron Sweater Ltd. Corporate Initial Rating - BBB3(Lr) ST-3 - 23-Dec-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
22
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
1141 Kushiara International Conventional Hall SME Initial Rating CRAB-SE 3 - - - 29-Jun-20
1142 Kushtia Rice Mill SME Surveillance CRAB-SE 3 - - - 30-Jul-20
1143 Kushtia Trading Agency Ltd. SME Initial Rating CRAB-SE 4 - - - 29-Sep-20
1144 Kyros Footwear Industries Ltd. Corporate Surveillance - BBB3(Lr) ST-4 - 12-Dec-20
1145 L M T Co. SME Surveillance CRAB-ME 3 - - - 01-Aug-20
1146 Labaid Hospital Ltd. Corporate Initial Rating A3(Pr) - - - 29-Feb-20
1147 Labbayek Masrasing & Press SME Surveillance CRAB-SE 4 - - - 11-Nov-20
1148 Labib Enterprise SME Initial Rating CRAB-SE 3 - - - 28-Jun-20
1149 Lafzu Enterprise SME Surveillance CRAB-SE 3 - - - 23-Nov-20
1150 Laila Steel Corporation SME Initial Rating CRAB-SE 4 - - - 18-Jun-20
1151 La-Jownes International SME Initial Rating CRAB-SE 3 - - - 02-Mar-20
1152 Lakdhanavi Bangla Power Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 28-Feb-20
1153 Lal Mia & Co SME Surveillance CRAB-ME 3 - - - 30-Jun-20
1154 Lam Mim Associates Corporate Surveillance - BBB3(Lr) ST-3 - 26-Dec-20
1155 Lamia Varities Store SME Initial Rating CRAB-SE 4 - - - 08-May-20
1156 Lamisha Trading SME Surveillance CRAB-SE 4 - - - 06-Jun-20
1157 Lantus Holdings Ltd. Corporate Surveillance - BB3(Lr) ST-4 - 30-Jun-20
1158 LBA Traders SME Initial Rating CRAB-SE 3 - - - 18-Jun-20
1159 Letter & Colour Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-3 Stable 29-Jun-20
1160 Liberty Traders SME Initial Rating CRAB-SE 3 - - - 28-Dec-20
1161 Lida Textiles and Dyeing Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Nov-20
1162 Ligion Herbal Ltd. SME Surveillance CRAB-ME 3 - - - 04-Apr-20
1163 Lima Enterprise SME Surveillance CRAB-SE 3 - - - 15-Sep-20
1164 Limon Brothers SME Initial Rating CRAB-SE 3 - - - 24-Apr-20
1165 Linkers Travels (Pvt.) Ltd. SME Initial Rating CRAB-SE 4 - - - 28-Dec-20
1166 Lipika SME Surveillance CRAB-SE 4 - - - 07-Nov-20
1167 Lipu Dal Mill SME Initial Rating CRAB-SE 4 - - - 30-Dec-20
1168 Lipu Traders SME Initial Rating CRAB-SE 4 - - - 30-Dec-20
1169 Lira Doors Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 27-Mar-20
1170 Lira Industries Enterprise Ltd. Corporate Surveillance - A3(Lr) ST-1, ST-3 - 29-Sep-20
1171 Lira Polymer Industries Corporate Surveillance - BBB2(Lr) ST-3 - 29-Sep-20
1172 Liton Enterprise SME Surveillance CRAB-SE 3 - - - 29-Jun-20
1173 Liton Traders SME Initial Rating CRAB-SE 3 - - - 31-Jul-20
1174 Liz Fashion Industries Ltd. Corporate Surveillance A1 A1(Lr) ST-2 Stable 30-Dec-20
1175 Lodestar Fashions Ltd. Corporate Surveillance - BB2(Lr) ST-4 - 28-Dec-20
1176 Lodestar Packaging Corporate Surveillance - BB1(Lr) - - 28-Dec-20
1177 Lohagara Ma-Moni Hospital Ltd. Corporate Initial Rating - BBB3(Lr) ST-3 - 24-Apr-20
1178 Louietex Manufacturing Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 21-Sep-20
1179 Lucky Star Apparels Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 31-Oct-20
1180 M & M Travelling Goods (BD) Ltd. SME Initial Rating CRAB-SE 3 - - - 06-Feb-20
1181 M & M Washing & Deying SME Surveillance CRAB-SE 4 - - - 28-Jun-20
1182 M A A Auto Bricks SME Surveillance CRAB-ME 3 - - - 07-Mar-20
1183 M A Bashar & Brothers SME Initial Rating CRAB-SE 3 - - - 04-Sep-20
1184 M A Enterprise SME Surveillance CRAB-SE 3 - - - 02-Aug-20
1185 M A Sattar & Co. SME Initial Rating CRAB-SE 4 - - - 27-Nov-20
1186 M A Zaher SME Surveillance CRAB-ME 3 - - - 28-Aug-20
1187 M Alam & Company Corporate Initial Rating - BBB3(Lr) ST-3 - 21-Mar-20
1188 M Alam & Sons SME Initial Rating CRAB-SE 3 - - - 19-Feb-20
1189 M Ali Construction & its sister concern M. Ali Steel Corporation Corporate Surveillance - BBB3(Lr) ST-3 - 12-Dec-20
1190 M D Steel Custing Industries Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 30-Jun-20
1191 M H Bricks SME Surveillance CRAB-ME 4 - - - 04-Sep-20
1192 M H Enterprise SME Surveillance CRAB-SE 4 - - - 14-Jun-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
23
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
1193 M H J Products SME Surveillance CRAB-SE 3 - - - 10-Oct-20
1194 M H R Traders SME Initial Rating CRAB-SE 4 - - - 29-Sep-20
1195 M I Cement Factory Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable 31-Dec-20
1196 M K Enterprise Corporate Surveillance - - ST-3 - 05-Mar-20
1197 M M Associates Ltd. Corporate Surveillance - BBB3(Lr) - - 23-May-20
1198 M M Ispahani Ltd. Corporate Surveillance AA1 AA1(Lr) ST-1 Stable 29-Jun-20
1199 M M Jute Fibres & Industries Ltd. Corporate Initial Rating A3 A3(Lr) ST-3 Stable 30-Mar-20
1200 M M Ship Builders & Engineers SME Initial Rating CRAB-SE 4 - - - 30-Jan-20
1201 M M Traders SME Surveillance CRAB-SE 4 - - - 21-Mar-20
1202 M N Fishing Ltd. Corporate Surveillance - BB1(Lr) - - 21-Apr-20
1203 M N Huda Construction Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 29-Sep-20
1204 M N Metal SME Surveillance CRAB-SE 4 - - - 26-Apr-20
1205 M R Aluminium Cap Co. Ltd. Corporate Initial Rating - BB1(Lr) ST-4 - 26-Jun-20
1206 M R B Bricks SME Surveillance CRAB-SE 4 - - - 09-Oct-20
1207 M R Brothers Corporate Surveillance - A3(Lr) ST-3 - 20-Jun-20
1208 M R Construction SME Initial Rating CRAB-SE 3 - - - 20-Mar-20
1209 M R Enterprise SME Initial Rating CRAB-SE 3 - - - 27-Nov-20
1210 M R Enterprise (South East) SME Initial Rating CRAB-SE 4 - - - 13-Feb-20
1211 M R Metal Wire & Cables Ind. SME Surveillance CRAB-SE 4 - - - 07-Nov-20
1212 M R Plastic Industries SME Initial Rating CRAB-SE 3 - - - 01-May-20
1213 M R Trade International SME Surveillance CRAB-SE 3 - - - 27-Mar-20
1214 M R Traders SME Initial Rating CRAB-SE 4 - - - 30-Jan-20
1215 M Rahman Corporate Surveillance - BBB2(Lr) ST-3 - 30-Dec-20
1216 M Rahman & Co. SME Surveillance CRAB-ME 5 - - - 23-Sep-20
1217 M S Enterprise Corporate Initial Rating - BBB2(Lr) ST-3 - 30-Dec-20
1218 M S Jute Shoe Thread & Accessories Factory SME Surveillance CRAB-ME 3 - - - 12-Sep-20
1219 M/S. Shadow Corporate Surveillance - BB1(Lr) ST-4 - 29-Sep-20
1220 Ma Enterprise SME Surveillance CRAB-SE 2 - - - 27-Mar-20
1221 Ma Enterprise and Auto Atop Rice Mill SME Initial Rating CRAB-SE 4 - - - 15-May-20
1222 Ma Moni Enterprise & its Sister Concern SME Initial Rating CRAB-SE 4 - - - 30-Jan-20
1223 Ma Moni Tyre Centre SME Initial Rating CRAB-SE 3 - - - 20-Nov-20
1224 Ma Stone Crusher (SME) SME Initial Rating CRAB-SE 3 - - - 23-Jan-20
1225 Maa Enterprise SME Initial Rating CRAB-SE 3 - - - 28-Aug-20
1226 Maa Moni Enterprise SME Initial Rating CRAB-SE 3 - - - 06-Nov-20
1227 Maa Sakhina Textile Mills SME Surveillance CRAB-ME 2 - - - 04-Feb-20
1228 Maa Traders SME Initial Rating CRAB-SE 3 - - - 29-Sep-20
1229 MAB Packaging Industries SME Initial Rating CRAB-ME 3 - - - 18-Jun-20
1230 MAB Paper Products SME Initial Rating CRAB-ME 3 - - - 18-Jun-20
1231 Macca Marine Ship Builders SME Surveillance CRAB-SE 3 - - - 12-Sep-20
1232 Macca Trading Corporation SME Surveillance CRAB-SE 4 - - - 07-Feb-20
1233 Madarbari Iron Mart SME Initial Rating CRAB-SE 3 - - - 28-Dec-20
1234 Madina Cement Ind. Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 31-Mar-20
1235 Madina Enterprise Corporate Surveillance - BBB1(Lr) ST-3 - 01-Feb-20
1236 Madina Maritime Ltd. Corporate Surveillance BBB1 - - Stable 27-Mar-20
1237 Madina Trading Corporation SME Surveillance CRAB-SE 3 - - - 10-May-20
1238 MAF Shoes Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 31-Oct-20
1239 Maggie & Liz Corporation (Pvt.) Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 11-Jun-20
1240 Magnet Electronics and its s SME Initial Rating CRAB-SE 3 - - - 06-Aug-20
1241 Magnum Steel Industries Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Positive 30-Jun-20
1242 Mahboob Enterprise SME Initial Rating CRAB-SE 3 - - - 16-Oct-20
1243 Mahbub Alam SME Initial Rating CRAB-SE 4 - - - 28-Jun-20
1244 Mahbub Traders SME Initial Rating CRAB-SE 4 - - - 23-Jan-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
24
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
1245 Maheen Enterprise Corporate Surveillance - BB1(Lr) ST-4 - 15-Dec-20
1246 Mahi Enterprise SME Initial Rating CRAB-SE 3 - - - 20-Mar-20
1247 Mahin Enterprise SME Initial Rating CRAB-SE 4 - - - 04-Dec-20
1248 Mahmud Fish Traders Corporate Initial Rating - - ST-3 - 23-Jun-20
1249 Mahmudul Hossain Tufa SME Surveillance CRAB-SE 3 - - - 26-Dec-20
1250 Mahthir Enterprise SME Initial Rating CRAB-SE 4 - - - 27-Nov-20
1251 Majib Enterprise and Its Sister Concern SME Initial Rating CRAB-SE 3 - - - 11-Sep-20
1252 Majumder garments Ltd. Corporate Surveillance - BBB2(Lr) ST-1, ST-3 - 31-Aug-20
1253 MAK Corporation Corporate Surveillance - - ST-3 - 30-Mar-20
1254 Mak-2 Poultry SME Initial Rating CRAB-SE 3 - - - 23-Dec-20
1255 Makka Paper & Board Mills Ltd. Corporate Surveillance - A3(Lr) ST-3 - 31-Dec-19
1256 Makkah Store SME Surveillance CRAB-SE 3 - - - 04-Sep-20
1257 Makkah Tubes & Industries. SME Initial Rating CRAB-SE 4 - - - 06-Aug-20
1258 Maksud Engineering Works SME Surveillance CRAB-SE 4 - - - 29-May-20
1259 Maliha Chaul Kal SME Surveillance CRAB-SE 3 - - - 18-Apr-20
1260 Malik Salt Industries SME Initial Rating CRAB-SE 4 - - - 17-Dec-20
1261 Malik Sons SME Initial Rating CRAB-SE 4 - - - 17-Dec-20
1262 Mallick Agro Food Industries Ltd. Corporate Initial Rating A3 A3(Lr) ST-3 Stable 30-Mar-20
1263 Mama Bhagina Jwellery Store SME Surveillance CRAB-SE 3 - - - 07-Jun-20
1264 Mama Bhagna Khaddo Vander SME Surveillance CRAB-SE 3 - - - 06-Jun-20
1265 Mamun Fashion SME Initial Rating CRAB-SE 3 - - - 17-Dec-20
1266 MAN Enterprise SME Surveillance CRAB-ME 3 - - - 17-Dec-20
1267 Manha Traders SME Initial Rating CRAB-SE 3 - - - 02-Mar-20
1268 Manik Bastralaya SME Initial Rating CRAB-SE 3 - - - 14-Dec-20
1269 Manik Builders SME Initial Rating CRAB-SE 3 - - - 10-Apr-20
1270 Manik Traders SME Surveillance CRAB-SE 4 - - - 25-Apr-20
1271 Mannan Corporation and its Sister Concern Khan Metal IndustriesSME Surveillance CRAB-SE 3 - - - 09-Aug-20
1272 Mannan Enterprise SME Initial Rating CRAB-SE 2 - - - 28-Aug-20
1273 Mannan Mansion SME Initial Rating CRAB-SE 3 - - - 20-Nov-20
1274 Manobi Construction SME Initial Rating CRAB-SE 3 - - - 28-May-20
1275 Mantaka Printing & Packaging Ltd. SME Initial Rating CRAB-SE 5 - - - 04-Dec-20
1276 Mantasa Trading Agency SME Initial Rating CRAB-SE 4 - - - 18-Jun-20
1277 Marine Explorer Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 23-Jun-20
1278 Marium Textile Mills Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 29-Jun-20
1279 Mark Corporation SME Surveillance CRAB-SE 3 - - - 06-Aug-20
1280 Maruf Ahmed SME Initial Rating CRAB-SE 3 - - - 17-Apr-20
1281 Mary Gold Agro Science SME Surveillance CRAB-SE 3 - - - 26-Dec-20
1282 Mas Trade International Garments Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable 25-Apr-20
1283 Mashrifa Food Products Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 30-Jun-20
1284 Masihata Sweaters Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 31-Jan-20
1285 Master & Brothers Corporate Surveillance - - ST-3 - 30-Jun-20
1286 Master and Sons SME Initial Rating CRAB-SE 4 - - - 17-Dec-20
1287 Master Engineering Works SME Initial Rating CRAB-SE 4 - - - 29-Jun-20
1288 Master Feeds Mill & Its Sister Concern SME Surveillance CRAB-SE 4 - - - 31-Jul-20
1289 Master Simex Paper Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 30-Sep-20
1290 Masud & Brothers Corporate Surveillance - A3(Lr) ST-3 - 15-Dec-20
1291 Masum & Brothers Cloth Store SME Surveillance CRAB-ME 3 - - - 30-Mar-20
1292 Masum Enterprise SME Initial Rating CRAB-SE 4 - - - 28-Dec-20
1293 Masum Trade International SME Surveillance CRAB-SE 4 - - - 12-Sep-20
1294 Matador Ball Pen Industries Corporate Surveillance - A3(Lr) ST-3 - 15-Jan-20
1295 Matex Bangladesh Ltd. Corporate Surveillance A1 A1(Lr) ST-2 Stable 30-Jan-20
1296 Matin & Brothers SME Initial Rating CRAB-SE 2 - - - 06-Nov-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
25
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
1297 Matin Khadya Bhander SME Surveillance CRAB-SE 4 - - - 26-Sep-20
1298 Matri Bangla Dredging & Engineering Ltd. SME Surveillance CRAB-ME 3 - - - 12-Dec-20
1299 Matrix Metallurgical Industries Ltd. Corporate Surveillance A3 A3(Lr) ST-5 Stable 12-Dec-20
1300 Matrix Styles Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 30-Jun-20
1301 Maven Design Ltd. Corporate Initial Rating - - ST-4 - 19-Feb-20
1302 Maven Fashion Ltd. Corporate Initial Rating - - ST-4 - 19-Feb-20
1303 Mawa Saw Mills & Industries SME Initial Rating CRAB-SE 4 - - - 24-Jul-20
1304 Max Infrastructure Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 28-Feb-20
1305 Max Sweaters (BD) Ltd. Corporate Initial Rating BB1 BB1(Lr) ST-4 Stable 27-Mar-20
1306 May International Trade Services Ltd. Corporate Surveillance BBB3 BBB3(Lr) - Stable 14-Feb-20
1307 Mayc’s Garments Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 18-Dec-20
1308 Mayer Dan Rice Mill SME Initial Rating CRAB-SE 4 - - - 23-Dec-20
1309 Mayer Doa Enterprise SME Surveillance CRAB-SE 4 - - - 01-Jun-20
1310 Mayer Doa Poultry Feed SME Initial Rating CRAB-SE 4 - - - 30-Dec-20
1311 Mayer Doya Fisheries SME Initial Rating CRAB-SE 4 - - - 30-Dec-20
1312 Mazidsons Construction Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 11-Sep-20
1313 MBM Enterprise SME Surveillance CRAB-SE 4 - - - 28-May-20
1314 MBM Garments Ltd. Corporate Initial Rating A1 A1(Lr) ST-3 Stable 30-Dec-20
1315 Md Atik Hussain Corporate Surveillance - BBB3(Lr) ST-3 - 27-Nov-20
1316 Md Jahangir Alam Chowdhury SME Surveillance CRAB-SE 4 - - - 18-Oct-20
1317 Md. Abdul Kaium SME Initial Rating CRAB-SE 3 - - - 10-Dec-20
1318 Md. Anisur Rahman Corporate Initial Rating - B2(Lr) ST-5 - 27-Mar-20
1319 Md. Golam Mostafa (Babu) SME Initial Rating CRAB-SE 4 - - - 28-Jun-20
1320 Md. Mafizul Islam Khan SME Initial Rating CRAB-SE 4 - - - 30-Dec-20
1321 Md. Mashiur Rahman Chowdhury Corporate Initial Rating - BBB3(Lr) ST-3 - 30-Jun-20
1322 Md. Muklesur Rahman SME Surveillance CRAB-SE 4 - - - 12-Sep-20
1323 Md. Rakib Uddin Dewan & Md. Rukon Uddin Dewan Corporate Surveillance - BBB2(Lr) - - 03-Jun-20
1324 Md. Tohidul Islam SME Surveillance CRAB-SE 4 - - - 10-Jun-20
1325 Medha Enterprise SME Surveillance CRAB-SE 3 - - - 16-Oct-20
1326 Media Electronics Industries Ltd. SME Initial Rating CRAB-SE 3 - - - 13-Nov-20
1327 Media World Ltd. Corporate Surveillance AA1 AA1(Lr) ST-2 Stable 26-Sep-20
1328 Meejab Ltd. Corporate Initial Rating - BB1(Lr) ST-4 - 15-May-20
1329 Meek Knit Ltd. SME Surveillance CRAB-ME 3 - - - 30-Jun-20
1330 Meem Mimi Enterprise SME Initial Rating CRAB-SE 5 - - - 20-Nov-20
1331 Meena Sweets & Confectioneries Ltd. Corporate Initial Rating A3 A3(Lr) ST-3 Stable 28-Jun-20
1332 Mega S S System Ltd. SME Surveillance CRAB-SE 4 - - - 22-Nov-20
1333 Mega Yarn Dyeing Mills Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 31-Jan-20
1334 Meghna Cement Mills Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 31-Dec-20
1335 Meghna Motors SME Surveillance CRAB-SE 4 - - - 10-Jun-20
1336 Meghna Star Cables & Electrical Appliance Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 28-Dec-20
1337 Mehedi Traders SME Surveillance CRAB-SE 4 - - - 06-Feb-20
1338 Mehedi Traders (IBBL) SME Surveillance CRAB-SE 3 - - - 29-Aug-20
1339 Mehnaz Styles & Craft Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Jun-20
1340 Memory International SME Surveillance CRAB-SE 3 - - - 15-Aug-20
1341 Mercer Design Tex Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Dec-20
1342 Metalon Industries Ltd. SME Initial Rating CRAB-SE 3 - - - 19-Feb-20
1343 Metalon Label and Tube Ltd. SME Initial Rating CRAB-SE 4 - - - 30-Dec-20
1344 Metro Knitting & Dyeing Mills Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 30-Dec-20
1345 Metro Spinning Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable 31-Dec-19
1346 MF Consumers Ltd. Corporate Initial Rating BBB2 BBB2(Lr) ST-3 Stable 30-Mar-20
1347 Miami Foods Ltd. SME Initial Rating CRAB-SE 3 - - - 20-Mar-20
1348 Miami Roto Film Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 15-Feb-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
26
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
1349 Miami Trading SME Initial Rating CRAB-SE 4 - - - 13-Mar-20
1350 MID Asia Fashion Ltd. Corporate Surveillance - BB1(Lr) ST-4 - 28-Dec-20
1351 Midland Power Co. Ltd. Corporate Surveillance A1 A1(Lr) - Negative 28-Feb-20
1352 Might Corporation SME Surveillance CRAB-SE 3 - - - 31-Oct-20
1353 Mihran Ship Recycling Industries Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable 03-Sep-20
1354 Milko Dairy & Poultry Feeds Ltd. Corporate Surveillance BB2(Pr) - - - 29-Mar-20
1355 Milon Watch Service SME Surveillance CRAB-SE 4 - - - 26-Sep-20
1356 MIM Design Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Jun-20
1357 MIM Sweaters Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Jun-20
1358 Mim Traders SME Initial Rating CRAB-SE 3 - - - 06-Nov-20
1359 Minar Automatic Rice Mill & Haji Trading Corporation SME Surveillance CRAB-SE 3 - - - 07-Nov-20
1360 Mintu Carton Store & Packaging SME Surveillance CRAB-SE 4 - - - 21-Mar-20
1361 Mir Enterprise SME Surveillance CRAB-SE 3 - - - 28-Feb-20
1362 Mir Trading SME Surveillance CRAB-SE 4 - - - 14-Jun-20
1363 Misami Garments Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 31-Oct-20
1364 Misham Agro Industries Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 31-Oct-20
1365 Misham Feeds Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 05-Sep-20
1366 Miss Shoes SME Initial Rating CRAB-SE 3 - - - 26-Jun-20
1367 Mitali Enterprise SME Initial Rating CRAB-SE 4 - - - 04-Sep-20
1368 Mitali Hardware SME Initial Rating CRAB-SE 3 - - - 10-Dec-20
1369 Mitali Stone Crusher SME Surveillance CRAB-SE 3 - - - 06-Jun-20
1370 Mitali Traders SME Initial Rating CRAB-SE 4 - - - 23-Dec-20
1371 Miton Cottage Industries SME Surveillance CRAB-ME 3 - - - 23-Dec-20
1372 Mitu Traders SME Surveillance CRAB-SE 3 - - - 17-Nov-20
1373 Mitul Khan Rice Store SME Initial Rating CRAB-SE 4 - - - 08-May-20
1374 Mizan Store SME Surveillance CRAB-SE 3 - - - 01-May-20
1375 MM Ship Breaking Industries Corporate Surveillance - BBB2(Lr) ST-3 - 15-Dec-20
1376 MM Trading SME Surveillance CRAB-SE 3 - - - 13-Jun-20
1377 Mobarak Bricks And Its sister Concern Mobarak Traders SME Surveillance CRAB-ME 3 - - - 14-Dec-20
1378 Mobasher Hassan SME Initial Rating CRAB-SE 4 - - - 27-Mar-20
1379 Modern Accessories SME Surveillance CRAB-SE 3 - - - 17-Sep-20
1380 Modern Biponi Bitan SME Initial Rating CRAB-SE 3 30-Dec-20
1381 Modern Diagnostic Centre Ltd. Corporate Surveillance - A2(Lr) ST-3 - 31-Dec-20
1382 Modhoil Filling Station SME Surveillance CRAB-SE 3 - - - 12-Jun-20
1383 Modhuban Bakery & Sweets SME Surveillance CRAB-SE 4 - - - 30-Oct-20
1384 Modina Enterprise SME Surveillance CRAB-SE 4 - - - 12-Sep-20
1385 Modina Filling Station & Its Sister Concern (Modina Traders) SME Surveillance CRAB-SE 4 - - - 30-Dec-20
1386 Modiste (Bangladesh) Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 30-Jun-20
1387 Modiste (CEPZ) Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 30-Jun-20
1388 Modon Mohon Vander SME Surveillance CRAB-ME 3 - - - 21-Mar-20
1389 Mohadeb Chandra Chando SME Surveillance CRAB-SE 3 - - - 01-May-20
1390 Mohaimin Hardware SME Initial Rating CRAB-SE 3 - - - 28-Jun-20
1391 Mohammad & Sons SME Initial Rating CRAB-SE 4 - - - 23-Oct-20
1392 Mohammad Abu Taher SME Initial Rating CRAB-SE 4 - - - 04-Dec-20
1393 Mohammad Elias SME Initial Rating CRAB-SE 4 - - - 06-Feb-20
1394 Mohammadi Electric Corporate Surveillance - BBB2(Lr) ST-3 - 31-Mar-20
1395 Mohammadia Iron Industries SME Surveillance CRAB-SE 3 - - - 16-May-20
1396 Mohammadia Wire Nail Industries & Its Sister Concern SME Initial Rating CRAB-SE 3 - - - 13-Nov-20
1397 Mohammed & Sons Corporate Surveillance - - ST-3 - 20-Jun-20
1398 Mohammed Jamal Ullah Corporate Initial Rating - A3(Lr) ST-3 - 29-Sep-20
1399 Mohara Asian Apparels Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 29-Sep-20
1400 Mohona Bricks SME Initial Rating CRAB-SE 3 - - - 10-Dec-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
27
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
1401 Mohosin Motors SME Surveillance CRAB-SE 4 - - - 15-Feb-20
1402 Mohsin Drugs SME Initial Rating CRAB-SE 4 - - - 17-Dec-20
1403 Mohsin Trading Corporation SME Surveillance CRAB-SE 4 - - - 11-Apr-20
1404 Mojumder Enterprise SME Initial Rating CRAB-SE 3 - - - 02-Mar-20
1405 Mojumder Traders SME Initial Rating CRAB-SE 4 - - - 12-Jun-20
1406 Molla Salt (Triple Refined) Industry Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 31-Aug-20
1407 Molla Traders SME Initial Rating CRAB-SE 3 - - - 23-Jan-20
1408 Mollah Enterprise SME Initial Rating CRAB-SE 4 - - - 30-Jan-20
1409 Mollah Store SME Initial Rating CRAB-SE 4 - - - 06-Nov-20
1410 Mollah Traders SME Initial Rating CRAB-SE 3 - - - 27-Mar-20
1411 Mollah Traders (Uttara Bank) SME Initial Rating CRAB-SE 4 - - - 08-May-20
1412 Mollik Engineering Workshop & Its Sister Concern SME Initial Rating CRAB-SE 4 - - - 28-Aug-20
1413 Mollik Traders SME Initial Rating CRAB-SE 3 - - - 17-Dec-20
1414 Mom Tex Expo Ltd. Corporate Surveillance - A3(Lr) ST-3 - 28-Dec-20
1415 Mom Tex Ltd. Corporate Surveillance - A2(Lr) ST-3 - 26-Dec-20
1416 Momena Auto Corporation SME Initial Rating CRAB-SE 4 - - - 23-Oct-20
1417 Momin & Co. SME Initial Rating CRAB-SE 4 - - - 23-Sep-20
1418 Momin Spinning Mills Corporate Surveillance - BBB2(Lr) ST-3 - 31-Mar-20
1419 Momin Textile Corporate Surveillance - BBB2(Lr) ST-3 - 31-Mar-20
1420 Momo Jute Mills Ltd. SME Initial Rating CRAB-ME 5 - - - 29-Jun-20
1421 Momotaz Enterprise SME Initial Rating CRAB-SE 4 - - - 06-Mar-20
1422 Mona Food Industries Corporate Surveillance - A3(Lr) ST-3 - 28-Dec-20
1423 Monarch Engineers Corporate Surveillance - - ST-3 - 11-Dec-20
1424 Mondal Electronics & Electric SME Initial Rating CRAB-SE 3 - - - 01-May-20
1425 Mondal Traders SME Surveillance CRAB-SE 3 - - - 21-Mar-20
1426 Mondol Chaul Kal & its sister concern M/s. Tafhim Poultry & Motsho Khamar SME Initial Rating CRAB-SE 4 - - - 13-Nov-20
1427 Mondol Dairy Firm SME Surveillance CRAB-SE 4 - - - 26-Sep-20
1428 Mondol Rice Mill SME Initial Rating CRAB-SE 4 - - - 28-Dec-20
1429 Mongol Bakery SME Surveillance CRAB-ME 3 - - - 08-Mar-20
1430 Monir Timber & Saw mill SME Surveillance CRAB-SE 4 - - - 12-Oct-20
1431 Monira Enterprise SME Initial Rating CRAB-SE 4 - - - 10-Apr-20
1432 Monju Bazar SME Surveillance CRAB-SE 3 - - - 15-Mar-20
1433 Monorupa Cloth Store SME Initial Rating CRAB-SE 4 - - - 28-May-20
1434 Monowara Fabrics Ltd. SME Initial Rating CRAB-SE 3 - - - 06-Feb-20
1435 Monowara Knit Fashions Ltd. SME Surveillance CRAB-SE 3 - - - 10-Jun-20
1436 Monowara Trading SME Surveillance CRAB-ME 4 - - - 27-Mar-20
1437 Monzil Flour Mill SME Initial Rating CRAB-SE 3 - - - 04-Dec-20
1438 Monzil Foods SME Initial Rating CRAB-SE 3 - - - 04-Dec-20
1439 Moon Enterprise SME Initial Rating CRAB-SE 3 - - - 19-Feb-20
1440 Moonlux Apparels Limited Corporate Surveillance - BB1(Lr) ST-3 - 28-Sep-20
1441 Moonlux Composite Knit Garments Limited Corporate Surveillance - BB1(Lr) ST-3 - 28-Sep-20
1442 Moriom Cement Sheet Mills Ltd. SME Initial Rating CRAB-SE 3 - - - 29-Sep-20
1443 Moriom Particle Board SME Initial Rating CRAB-SE 3 - - - 29-Sep-20
1444 Mosco Marketing Company SME Surveillance CRAB-SE 3 - - - 10-Dec-20
1445 Mosharef Hossain Dulal SME Initial Rating CRAB-SE 4 - - - 01-May-20
1446 Moslah Uddin Traders SME Initial Rating CRAB-SE 4 - - - 28-Jun-20
1447 Mostafiz & Brothers SME Surveillance CRAB-ME 3 - - - 29-Jun-20
1448 Mostafiz Trade International SME Initial Rating CRAB-SE 4 - - - 17-Apr-20
1449 Mostan Enterprise SME Initial Rating CRAB-SE 4 - - - 01-May-20
1450 Mostofa Motors Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 01-Jun-20
1451 Motaleb Store SME Initial Rating CRAB-SE 4 - - - 17-Sep-20
1452 Mother Steel Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 30-Nov-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
28
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
1453 Mother Textile Mills Corporate Surveillance - BBB1(Lr) ST-3 - 28-Mar-20
1454 Mothers Care SME Surveillance CRAB-SE 3 - - - 16-Aug-20
1455 Motigonj Bricks SME Initial Rating CRAB-ME 3 - - - 28-May-20
1456 Mouchak Food Products SME Surveillance CRAB-SE 3 - - - 20-Jun-20
1457 Mouchak Knit Composite Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 10-Dec-20
1458 Moula Boksh Karim Boksh SME Surveillance CRAB-ME 2 - - - 17-Oct-20
1459 Moula Boksh Karim Boksh Ltd. SME Initial Rating CRAB-ME 3 - - - 23-Dec-20
1460 Mousumi Chaul Kal SME Surveillance CRAB-SE 2 - - - 10-Jun-20
1461 Mowalana Shah Ahmedullah Enterprise SME Initial Rating CRAB-SE 3 - - - 04-Dec-20
1462 Mozammel Haque Jewel SME Initial Rating CRAB-SE 4 - - - 06-Mar-20
1463 MRM International Corporate Surveillance - BBB3(Lr) ST-3 - 10-Sep-20
1464 MS Knit Design ltd. Corporate Initial Rating - - ST-1,ST-3 - 13-Feb-20
1465 MSA Spinning Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 31-Dec-20
1466 MSA Textiles Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 30-Nov-20
1467 MSM Bricks SME Surveillance CRAB-SE 3 - - - 14-Apr-20
1468 Muhibur Rahman Corporate Surveillance - - ST-3 - 28-Dec-20
1469 Mukta Hardware Store SME Surveillance CRAB-SE 3 - - - 17-Jun-20
1470 Multi Safh Bags Ltd. Corporate Surveillance BB1 BB1(Lr) ST-4 Stable 30-Jun-20
1471 Multi Trade Enterprise Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 31-Jan-20
1472 Multibiz Pipe Industries Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 27-Nov-20
1473 Mum Trading and Co. SME Initial Rating CRAB-SE 3 - - - 27-Nov-20
1474 Muna Travels & Tours Ltd. Corporate Initial Rating - - ST-3 - 19-Feb-20
1475 Munir Chaul Kall SME Surveillance CRAB-SE 4 - - - 23-May-20
1476 Munna Traders SME Surveillance CRAB-SE 4 - - - 03-Oct-20
1477 Munni Enterprise SME Surveillance CRAB-SE 4 - - - 14-Mar-20
1478 Munshigonj Fiber & Agro Industries Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Mar-20
1479 Musa Sowdagor Corporate Surveillance - BBB1(Lr) ST-3 - 15-Sep-20
1480 Mutual Apparels Ltd. Corporate Surveillance - BB1(Lr) - - 23-Dec-20
1481 Mutual Food Products Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 11-May-20
1482 My One Energy Ltd. SME Surveillance CRAB-ME 3 - - - 20-Nov-20
1483 MZM (CEPZ) Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 15-May-20
1484 N and N Flour Mills SME Initial Rating CRAB-ME 3 - - - 15-May-20
1485 N I Member Agro Farm SME Surveillance CRAB-SE 4 - - - 28-Nov-20
1486 N I Traders SME Initial Rating CRAB-SE 3 - - - 04-Dec-20
1487 N N Enterprise SME Surveillance CRAB-SE 3 - - - 29-Aug-20
1488 N R Enterprise SME Initial Rating CRAB-SE 4 - - - 23-Jan-20
1489 N R Traders SME Initial Rating CRAB-SE 4 - - - 23-Oct-20
1490 N S Steel SME Surveillance CRAB-SE 3 - - - 06-May-20
1491 N S Steel Wire Nail Industries SME Surveillance CRAB-SE 4 - - - 30-Oct-20
1492 Nabisco Biscuit & Bread Factory Ltd. SME Surveillance CRAB-ME 3 - - - 27-Mar-20
1493 Nafisa Apparels Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 15-Dec-20
1494 Nahar Enterprise SME Initial Rating CRAB-ME 3 - - - 11-Sep-20
1495 Nahartex Denim Wear Ltd. Corporate Initial Rating BBB3(Pr) - - - 31-Jul-20
1496 Nahid Advertise & Printing SME Surveillance CRAB-SE 3 - - - 28-Feb-20
1497 Nahid Plastic (BD) Ltd. Corporate Surveillance - BBB1(Lr) ST-3 - 31-Jul-20
1498 Nahid Traders SME Surveillance CRAB-SE 3 - - - 23-Mar-20
1499 Nakshatra SME Surveillance CRAB-ME 3 - - - 30-Jun-20
1500 NAM Enterprise SME Surveillance CRAB-SE 3 - - - 31-May-20
1501 Namira Enterprise SME Surveillance CRAB-ME 3 - - - 07-Feb-20
1502 Nan Auto Rice Mill SME Initial Rating CRAB-SE 4 - - - 20-Nov-20
1503 Nannu & Brothers SME Surveillance CRAB-SE 4 24-Jan-21
1504 Nannu Spinning Mills Ltd. Corporate Surveillance - BBB1(Lr) ST-3 - 29-Sep-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
29
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
1505 Nannu Textile Mills Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 29-Sep-20
1506 Naser Construction SME Initial Rating CRAB-ME 4 - - - 27-Nov-20
1507 Naser Enterprise SME Surveillance CRAB-SE 3 - - - 20-Dec-20
1508 Nasir Traders SME Initial Rating CRAB-SE 4 - - - 15-May-20
1509 Nasiruddin Traders SME Surveillance CRAB-SE 3 - - - 04-May-20
1510 National Color Point SME Surveillance CRAB-SE 4 - - - 28-Dec-20
1511 National Grain Products Ltd. Corporate Initial Rating A3 A3(Lr) ST-3 Stable 30-Mar-20
1512 National Insulation Industries Ltd. SME Initial Rating CRAB-SE 3 - - - 06-Nov-20
1513 National Machinery SME Surveillance CRAB-SE 3 - - - 01-May-20
1514 National Machinery Corporation SME Surveillance CRAB-SE 3 - - - 07-Feb-20
1515 National Trading SME Initial Rating CRAB-SE 3 - - - 20-Nov-20
1516 Natore Jute Mills SME Surveillance CRAB-ME 3 - - - 30-Dec-20
1517 Natural SME Initial Rating CRAB-SE 3 - - - 28-Jun-20
1518 Nature & Care Agro Products Ltd. SME Surveillance CRAB-ME 3 - - - 10-Oct-20
1519 Nature Flywood & Partical Board SME Initial Rating CRAB-SE 4 - - - 19-Feb-20
1520 Navana Batteries Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable 31-May-20
1521 Navana Building Products Ltd. Corporate Surveillance - A3(Lr) ST-3 Stable 31-Dec-20
1522 Navana Construction Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 31-Mar-20
1523 Navana Foods Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 31-May-20
1524 Navana Limited Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 31-Jan-20
1525 Navana Real Estate Limited Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 31-Dec-20
1526 Navid Knit Fabric Ltd. SME Surveillance CRAB-ME 3 - - - 15-Apr-20
1527 Nawab Enterprise SME Initial Rating CRAB-SE 4 - - - 06-Aug-20
1528 Nawaj Sharif Traders SME Surveillance CRAB-SE 3 - - - 29-May-20
1529 NAZ Bangladesh Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 24-Jul-20
1530 Naz Electronics SME Initial Rating CRAB-SE 4 - - - 04-Dec-20
1531 Nazim Enterprise SME Initial Rating CRAB-SE 4 - - - 08-May-20
1532 Nazim Uddin & Brothers SME Surveillance CRAB-SE 3 - - - 29-Jun-20
1533 Nazir Ahmed SME Initial Rating CRAB-SE 4 - - - 23-Sep-20
1534 Nazmul Haque Enterprise and Its Sister Concern Sakib Trading SME Surveillance CRAB-SE 4 - - - 08-May-20
1535 Nazrul Islam Traders SME Surveillance CRAB-SE 4 - - - 02-Mar-20
1536 Needle Work Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 04-Dec-20
1537 Nehan Traders Corporate Surveillance - - ST-3 - 30-Dec-20
1538 Neo Zipper Company Ltd. Corporate Surveillance A1 A1(Lr) ST-2 Stable 09-Oct-20
1539 Neptune Electric Electronics Mechanical & EngineeringSME Surveillance CRAB-SE 3 - - - 15-Feb-20
1540 Neptune Enterprise SME Initial Rating CRAB-SE 4 - - - 04-Dec-20
1541 Neptune Pharma SME Initial Rating CRAB-SE 4 - - - 26-Jun-20
1542 NES Trading Ltd. SME Surveillance CRAB-SE 3 - - - 11-Sep-20
1543 New Afrin Cold Storage Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 04-May-20
1544 New Alif Cargo Service SME Initial Rating CRAB-ME 3 - - - 17-Dec-20
1545 New Amin Jewellers Corporate Surveillance - BBB2(Lr) - - 22-Oct-20
1546 New Auto Galaxy Corporate Surveillance - BB1(Lr) ST-4 - 12-Dec-20
1547 New Bismillah Steel Iron SME Initial Rating CRAB-SE 4 - - - 20-Mar-20
1548 New Bogdad Rice Mill Corporate Surveillance - - ST-3 - 30-Jun-20
1549 New Boss Bricks & Sister Concern SME Surveillance CRAB-SE 3 - - - 24-Jul-20
1550 New Chayanika SME Initial Rating CRAB-SE 3 - - - 04-Dec-20
1551 New Dhaka Rice Mill SME Initial Rating CRAB-SE 4 - - - 30-Dec-20
1552 New F Karim Brothers SME Initial Rating CRAB-SE 3 - - - 28-May-20
1553 New Generation Fashion Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 04-Dec-20
1554 New Hasan Autos SME Initial Rating CRAB-SE 4 - - - 30-Dec-20
1555 New Jamuna Shrimps Hatchery & Culture SME Initial Rating CRAB-SE 4 - - - 28-Dec-20
1556 New Jorina Machineries SME Initial Rating CRAB-SE 3 - - - 24-Jul-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
30
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
1557 New Light Sweaters Industries Ltd. SME Initial Rating CRAB-ME 3 - - - 17-Dec-20
1558 New Lucky Moni SME Surveillance CRAB-SE 4 - - - 30-Dec-20
1559 New Nani Products SME Surveillance CRAB-SE 3 - - - 24-May-20
1560 New Parag Enterprise SME Surveillance CRAB-SE 3 - - - 30-Dec-20
1561 New Parjoar Electric SME Initial Rating CRAB-SE 3 - - - 30-Mar-20
1562 New Popy Textile Mills SME Initial Rating CRAB-SE 4 - - - 13-Mar-20
1563 New Rakib Enterprise SME Surveillance CRAB-SE 4 - - - 30-Oct-20
1564 New Sandwip SME Initial Rating CRAB-SE 4 - - - 30-Jun-20
1565 New Shafique Car Paint SME Surveillance CRAB-SE 4 - - - 20-Dec-20
1566 New Shitolakha Flour Mills SME Surveillance CRAB-SE 3 - - - 29-Sep-20
1567 New Siddiques SME Surveillance CRAB-SE 3 - - - 11-Aug-20
1568 New Star Service Co. SME Initial Rating CRAB-SE 3 - - - 27-Nov-20
1569 New Sun Bricks & Manufactures SME Surveillance CRAB-ME 4 - - - 24-May-20
1570 Next Zone SME Surveillance CRAB-SE 4 - - - 08-Nov-20
1571 Nextgen Style Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 04-Dec-20
1572 NHQ Distributions Ltd. Corporate Surveillance - BBB3(Lr) ST-1, ST-3 - 23-Apr-20
1573 Niagara Textiles Ltd Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 31-May-20
1574 Niaz & Brothers SME Initial Rating CRAB-SE 3 - - - 13-Nov-20
1575 Nice Alliance & Agro Ltd. SME Surveillance CRAB-SE 3 - - - 19-Feb-20
1576 Nice Denim Mills Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 30-Nov-20
1577 Nice Synthetic Yarn Mills Ltd. Corporate Surveillance A3(pr) - - - 04-Jun-20
1578 Nikhut Traders SME Surveillance CRAB-SE 4 - - - 23-May-20
1579 Nikki Thai Aluminium Industries Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 31-Dec-19
1580 Nilufa Rice Mill SME Initial Rating CRAB-SE 4 - - - 23-Dec-20
1581 Nina Holdings Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 31-Jan-20
1582 Nipa Oil & Flour Mills Corporate Initial Rating - BBB3(Lr) ST-3 - 29-Jun-20
1583 Nirmal Kanti Saha SME Initial Rating CRAB-SE 4 - - - 27-Nov-20
1584 Nirman Prokausholy Corporate Surveillance - BB1(Lr) ST-4 - 29-Mar-20
1585 Nirman Traders SME Surveillance CRAB-SE 3 - - - 29-Jul-20
1586 Nishi Enterprise SME Surveillance CRAB-SE 3 - - - 29-Sep-20
1587 Nissan Electro Co. SME Initial Rating CRAB-SE 5 - - - 23-Jan-20
1588 Nissho Koeki Tissue Papers Co. Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 29-Jun-20
1589 Nizam & Brothers SME Surveillance CRAB-SE 4 - - - 27-Jun-20
1590 Nizam Enterprise SME Surveillance CRAB-SE 3 - - - 29-Sep-20
1591 Noakhali Plastic Industries SME Initial Rating CRAB-SE 3 - - - 27-Nov-20
1592 Nobin Textile Mills (Pvt) Ltd. SME Initial Rating CRAB-SE 4 - - - 07-Jan-20
1593 Noble Imaging Ltd. SME Initial Rating CRAB-SE 4 - - - 04-Sep-20
1594 Noble navigation and Shipping Line SME Surveillance CRAB-SE 4 - - - 25-Oct-20
1595 Noble Unani Laboratories SME Initial Rating CRAB-SE 4 - - - 23-Oct-20
1596 Noman Fabrics Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 29-Jun-20
1597 Noman Home Textile Mills Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable 29-Jun-20
1598 Noman Spinning Mills Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 29-Jun-20
1599 Noman Terry Towel Mills Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 29-Sep-20
1600 Noman Textiles Mills Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable 29-Jun-20
1601 Noor Auto Trading (SME) SME Initial Rating CRAB-SE 3 - - - 13-Mar-20
1602 Noor Enterprise (Bangshal) SME Initial Rating CRAB-SE 3 - - - 09-Jul-20
1603 Noor Motors SME Initial Rating CRAB-SE 3 - - - 30-Oct-20
1604 Noor Traders (SME) SME Initial Rating CRAB-SE 3 - - - 13-Mar-20
1605 Noori SME Initial Rating CRAB-SE 4 - - - 29-Jun-20
1606 Noorjahan Hospital PVT. Ltd. SME Surveillance CRAB-SE 3 - - - 30-Dec-20
1607 Norm Outfit & Accessories Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable 30-Jun-20
1608 Norp Knit Industries Ltd. Corporate Initial Rating A1 A1(Lr) ST-2 Stable 17-Sep-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
31
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
1609 North Bengal Cement Industries Ltd. Corporate Initial Rating A3 A3(Lr) ST-3 Stable 30-Mar-20
1610 North Bengal Grain Industries Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Sep-20
1611 Northern Agriscience Ltd. Corporate Surveillance - BB2(Lr) ST-4 - 31-Jan-20
1612 Northern Hatcheries Ltd. Corporate Surveillance - BBB3(Lr) ST-4 - 31-Aug-20
1613 Northern Paddy Bi-Product Corporate Surveillance - BB2(Lr) ST-4 - 29-May-20
1614 Nova Fish SME Initial Rating CRAB-SE 3 - - - 20-Nov-20
1615 Novem Ltd. SME Initial Rating CRAB-SE 3 - - - 11-Sep-20
1616 Novo Corporation SME Surveillance CRAB-ME 3 - - - 26-Apr-20
1617 Nowapara Clod Storage Ltd. Corporate Surveillance - A2(Lr) ST-3 - 30-Jun-20
1618 Nowhata Green Bricks Ltd. Corporate Surveillance BBB3(Pr) - - - 31-Dec-19
1619 NS Construction SME Surveillance CRAB-ME 3 - - - 31-Jan-20
1620 NS Trading Corporation SME Initial Rating CRAB-SE 4 - - - 15-May-20
1621 Nur jahan & Sons Corporate Surveillance - BBB2(Lr) ST-3 - 28-Nov-20
1622 Nur Traders SME Surveillance CRAB-SE 3 - - - 23-Oct-20
1623 Nurayeez Apparels Ltd. SME Initial Rating CRAB-SE 4 - - - 21-Aug-20
1624 Nur-E-Alahee & Brothers (Pvt.) Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 25-Aug-20
1625 Nuru Motors SME Surveillance CRAB-SE 4 - - - 25-Jan-20
1626 Nurul Azam SME Surveillance CRAB-SE 4 - - - 12-Dec-20
1627 Nurul Huda Filling Station Corporate Surveillance - BBB3(Lr) - - 30-Jun-20
1628 Nurun Nessa Saw Mill & Furniture SME Surveillance CRAB-SE 4 - - - 16-May-20
1629 Nusrat Builders Corporate Surveillance - BBB3(Lr) ST-3 - 30-Sep-20
1630 Nusrat Development Company (Pvt) Ltd. SME Surveillance CRAB-SE 3 - - - 30-Oct-20
1631 Nusrat International SME Initial Rating CRAB-SE 4 - - - 04-Sep-20
1632 Nusrat Motsha Khamar & M/S Nazat Enterprise SME Surveillance CRAB-SE 4 - - - 16-May-20
1633 Nusrat Trading Company Corporate Surveillance - BB1(Lr) ST-3 - 07-Nov-20
1634 Nutan Bidyut (Bangladesh) Ltd. Corporate Surveillance A3(Pr) - - - 16-May-20
1635 O S Traders SME Initial Rating CRAB-SE 3 - - - 20-Mar-20
1636 Oasis Services (Agro) Ltd. Corporate Surveillance BBB2 BBB2(Lr) - Stable 01-Aug-20
1637 Oculin Tech BD Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-1, ST-3 Stable 08-Nov-20
1638 Ohiduzzaman Chowdhury SME Surveillance CRAB-SE 3 - - - 15-Aug-20
1639 Oishi Enterprice SME Initial Rating CRAB-SE 4 - - - 23-Dec-20
1640 OK Enterprise Pvt. Ltd. Corporate Surveillance - BB2(Lr) - - 28-Dec-20
1641 OK Properties Ltd. Corporate Surveillance - BB2(Lr) - - 28-Dec-20
1642 OK Trade International Corporate Surveillance - BB3(Lr) ST-4 - 20-Dec-20
1643 OKM Food Products Ltd. Corporate Initial Rating - BBB3(Lr) ST-3 - 28-Aug-20
1644 OKM Trading Corporation Corporate Surveillance - BBB3(Lr) ST-3 - 15-Dec-20
1645 Oli Enterprise SME Surveillance CRAB-SE 3 - - - 19-Dec-20
1646 Olympic Cement Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Positive 30-Jun-20
1647 Olympic Travels (BD) Ltd. SME Surveillance CRAB-SE 4 - - - 20-Sep-20
1648 Omni Power Ltd. SME Surveillance CRAB-SE 4 - - - 18-Oct-20
1649 One Construction SME Initial Rating CRAB-SE 3 - - - 30-Oct-20
1650 One Telecom SME Surveillance CRAB-SE 3 - - - 31-Jan-20
1651 One World Systems Ltd. Corporate Initial Rating BB2(Pr) - - - 26-Jun-20
1652 Onix Computers System SME Initial Rating CRAB-SE 4 - - - 23-Oct-20
1653 Onnivision Trade International Ltd. SME Surveillance CRAB-SE 4 - - - 23-May-20
1654 Opal International & Its Sister Concern JN Trade International SME Initial Rating CRAB-ME 3 - - - 17-Dec-20
1655 Oracle Services Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 04-Dec-20
1656 Orange Design Ltd. Corporate Surveillance - BB1(Lr) ST-3 - 30-Jun-20
1657 Orbital International SME Surveillance CRAB-ME 3 - - - 11-Apr-20
1658 Orient Export Import Co. Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 31-Mar-20
1659 Oriental Oil Company Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable 29-Sep-20
1660 Orion Gas Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 17-Jun-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
32
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
1661 Orion Infrastructure Ltd. Corporate Surveillance BBB2 BBB2(Lr) BBB2(SO) Stable 31-Mar-20
1662 Orion Infrastructure Ltd. (Preference Share) Corporate Surveillance BBB2(SO) - - - 31-Mar-20
1663 Orion Infusion Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 31-Dec-19
1664 Orion Pharma Ltd. Corporate Surveillance A2 A2(Lr), BB3(Lr) ST-3 Stable 30-Jun-20
1665 Orion Power Meghnaghat Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 30-Jun-20
1666 Orion Tea Company Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 28-Feb-20
1667 Orlance Shipping & Trading Agency SME Surveillance CRAB-SE 3 - - - 11-Nov-20
1668 Orpita Traders SME Initial Rating CRAB-SE 3 - - - 16-Oct-20
1669 Ortack Company SME Surveillance CRAB-ME 3 - - - 30-Dec-20
1670 Othoy Astha Motsho Khamar SME Initial Rating CRAB-SE 4 - - - 30-Mar-20
1671 Oxford Colours Ltd. Corporate Surveillance BBB1(Pr) - - - 17-Jun-20
1672 Oxford Shirt Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 16-Oct-20
1673 Oyaliullah Navigation SME Initial Rating CRAB-SE 4 - - - 17-Dec-20
1674 P K Trading SME Surveillance CRAB-SE 3 - - - 29-Jun-20
1675 P R International SME Initial Rating CRAB-SE 3 30-Dec-20
1676 P2P Engineering & Condtruction Corporate Initial Rating - BBB1(Lr) ST-3 - 20-Mar-20
1677 P4S Packaging & Accessories Ltd. SME Surveillance CRAB-SE 3 - - - 03-Jun-20
1678 Pacific Ispat Mills SME Surveillance CRAB-ME 3 - - - 10-Feb-20
1679 Packmat Industries Ltd. Corporate Initial Rating AA2 AA2(Lr) ST-2 Stable 30-Dec-20
1680 Pack-O-Mat Printing & Packaging SME Initial Rating CRAB-SE 4 - - - 15-May-20
1681 Padma LPG Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 16-Dec-20
1682 Padma Traders Corporate Surveillance - BBB2(Lr) ST-3 - 29-Aug-20
1683 Paduka Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-4 Stable 05-Dec-20
1684 Pakiza Apparels Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 28-Dec-20
1685 Pakiza Cotton Spinning Mills (Pvt.) Ltd. Corporate Surveillance - A1(Lr) ST-3 - 29-Jun-20
1686 Pakiza Dyeing & Printing Industries Ltd. Corporate Surveillance - A1(Lr) ST-3 - 26-Dec-20
1687 Pakiza Knit Composite Ltd. Corporate Surveillance - A2(Lr) ST-3 - 26-Dec-20
1688 Pakiza Spinning Mills Ltd. Corporate Surveillance - A1(Lr) ST-3 - 26-Dec-20
1689 Pakiza Textiles Ltd. Corporate Surveillance - A1(Lr) ST-3 - 26-Dec-20
1690 Pakiza Woven Fashion Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 28-Dec-20
1691 Pam Complex (Pvt.) Ltd. SME Initial Rating CRAB-SE 3 - - - 06-Aug-20
1692 Pampas Agro & Logistics Ltd. SME Initial Rating CRAB-SE 3 - - - 13-Mar-20
1693 Pan Mark Apparels (Pvt.) Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 29-Sep-20
1694 Pan Pacific Sweaters Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 30-Nov-20
1695 Panasia Clothing Ltd. Corporate Surveillance - BBB1(Lr) ST-3 - 31-Mar-20
1696 Pandit Engineering Corporation SME Surveillance CRAB-SE 3 - - - 28-Feb-20
1697 Panjeree Publications Ltd. Corporate Initial Rating A3 A3(Lr) ST-3 Stable 26-Jun-20
1698 Panorama Apparels Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Jun-20
1699 Panorama Washing Co. Ltd. Corporate Surveillance - BBB2(Lr) - - 08-Dec-20
1700 Panta Plastic Industries Ltd. SME Initial Rating CRAB-SE 4 - - - 24-Jul-20
1701 Papella Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable 05-Dec-20
1702 Papyrus fastQ (BD) Ltd. SME Surveillance CRAB-ME 3 - - - 27-Apr-20
1703 Paradigm Architects and Engineers SME Surveillance CRAB-ME 3 - - - 08-Aug-20
1704 Paradise Sun Company Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 19-Aug-20
1705 Paradise Sweets Meats SME Initial Rating CRAB-SE 3 - - - 24-Jul-20
1706 Paramount Trading SME Surveillance CRAB-SE 3 - - - 29-Oct-20
1707 Parity Fashions Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 28-Aug-20
1708 Partex Aeromarine Logistics Ltd. Corporate Initial Rating - A3(Lr) ST-3 - 28-Dec-20
1709 Partex Agro Ltd. Corporate Initial Rating A3 A3(Lr) ST-3 Stable 30-Dec-20
1710 Partex Cables Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 06-Jul-20
1711 Partex Furniture Industries Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 30-Jun-20
1712 Partex Laminates Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 30-Jun-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
33
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
1713 Partex Tissue Ltd. Corporate Surveillance A3(Pr) - - - 30-Jun-20
1714 Parul Enterprize SME Initial Rating CRAB-SE 4 - - - 10-Apr-20
1715 Pasha Electro Industries Ltd. SME Initial Rating CRAB-ME 3 - - - 28-Dec-20
1716 Pasha Poles Ltd. SME Initial Rating CRAB-ME 2 - - - 20-Mar-20
1717 Pasha Transformers Ltd. SME Initial Rating CRAB-ME 3 - - - 30-Mar-20
1718 Pathorbari Enterprise & Stone Crusher SME Initial Rating CRAB-SE 4 - - - 06-Feb-20
1719 Patwary Enterprise SME Initial Rating CRAB-SE 4 - - - 28-Jun-20
1720 Paul Khadya Vander SME Initial Rating CRAB-SE 3 - - - 28-Aug-20
1721 Paving SME Initial Rating CRAB-SE 3 - - - 30-Oct-20
1722 Pearl Garments Company Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable 29-Feb-20
1723 Pearls & Pouce Ltd. Corporate Surveillance - BBB1(Lr) ST-3 - 31-Mar-20
1724 PEB Steel Alliance Ltd. Corporate Surveillance A1 A1(Lr) ST-2 Stable 12-Dec-20
1725 Peerless Venture Ltd. SME Initial Rating CRAB-SE 3 - - - 17-Dec-20
1726 Petromax Cylinders Ltd. Corporate Initial Rating BBB2 BBB2(Lr) ST-3 Stable 27-Mar-20
1727 Petromax LPG Ltd. Corporate Initial Rating BBB2 BBB2(Lr) - Stable 13-Mar-20
1728 PF Corporation SME Initial Rating CRAB-SE 4 - - - 28-Aug-20
1729 Pioneer Imaging Systems Ltd. SME Surveillance CRAB-SE 3 - - - 04-Sep-20
1730 Pita Putro Husking & Semi Auto Chaul Kall SME Initial Rating CRAB-SE 4 - - - 18-Jun-20
1731 Piticon Industries SME Surveillance CRAB-ME 3 - - - 29-Sep-20
1732 Plastic Concern (Pvt) Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 31-Jul-20
1733 Pole Star Fashion Design Ltd. Corporate Surveillance - BB2(Lr) ST-3 - 15-Apr-20
1734 Poly Point Ltd. SME Surveillance CRAB-SE 3 - - - 12-Aug-20
1735 Poly Traders SME Surveillance CRAB-SE 3 - - - 12-Apr-20
1736 Popular Distribution Mart SME Surveillance CRAB-SE 4 - - - 26-Dec-20
1737 Popular Trade Agency SME Surveillance CRAB-SE 3 - - - 23-May-20
1738 Port Land International Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 15-Dec-20
1739 Poseidon Enterprise Ltd. Corporate Initial Rating BBB3 - - Stable 26-Jun-20
1740 Power & Project Controls Ltd. SME Surveillance CRAB-SE 4 - - - 11-Sep-20
1741 Power Shovel International SME Surveillance CRAB-SE 4 - - - 31-Oct-20
1742 Power Solution Trading Company SME Initial Rating CRAB-SE 3 - - - 30-Dec-20
1743 Power Source SME Initial Rating CRAB-SE 3 - - - 04-Sep-20
1744 Prantik Enterprise SME Surveillance CRAB-SE 3 - - - 30-Dec-20
1745 Prantik Marine Service Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 15-Sep-20
1746 Pratik Apparels Ltd. Corporate Surveillance BB1 BB1(Lr) ST-3 Stable 29-Jun-20
1747 Precision Weighing Solution Co. SME Surveillance CRAB-SE 3 - - - 30-Nov-20
1748 Premier Accessories Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 15-Mar-20
1749 Premium Fish & Agro Industries Ltd. SME Initial Rating CRAB-SE 3 - - - 30-Jan-20
1750 Prestige Bengal Ltd. Corporate Initial Rating - BB1(Lr) ST-4 - 20-Mar-20
1751 Pretty Auto Bricks Ltd. Corporate Surveillance BBB2(Pr) - - - 29-Jun-20
1752 Pretty Composite Textiles Ltd. Corporate Surveillance - A3(Lr) ST-3 - 30-Dec-20
1753 Pretty Sweaters Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 30-Dec-20
1754 Pretty Washing Ltd. Corporate Surveillance BBB1(Pr) - - - 18-Jun-20
1755 Prime Electronics SME Initial Rating CRAB-SE 3 - - - 06-Nov-20
1756 Prime Footwears Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable 05-Dec-20
1757 Prime International Corporate Initial Rating - BBB3(Lr) ST-3 - 17-Apr-20
1758 Prime Sweater Ltd. Corporate Surveillance - BB2(Lr) ST-4 - 26-Dec-20
1759 Printing Mart Ltd. SME Surveillance CRAB-ME 3 - - - 10-Dec-20
1760 Prithibi Printing Press SME Initial Rating CRAB-SE 3 - - - 23-Jun-20
1761 Prium Enterprise SME Surveillance CRAB-SE 4 - - - 05-Dec-20
1762 Priyam Garments Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 29-Dec-20
1763 Priyo Construction SME Initial Rating CRAB-SE 4 - - - 09-Oct-20
1764 Probridhi Apparels Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 31-Jan-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
34
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
1765 Prodhan Food Agro Industries Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 30-Dec-20
1766 Prodhan Oil Mills Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 30-Dec-20
1767 Prodhan Traders Corporate Surveillance - BBB3(Lr) ST-3 - 30-Dec-20
1768 Progoti Consortium SME Initial Rating CRAB-SE 4 - - - 15-May-20
1769 Progoti Filling Station SME Surveillance CRAB-SE 3 - - - 20-Nov-20
1770 Progoti Optics SME Initial Rating CRAB-SE 3 - - - 29-Sep-20
1771 Progressive Fishing Ltd. Corporate Surveillance - BB1(Lr) - - 21-Apr-20
1772 Prome Agro Foods Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 28-Dec-20
1773 Promixco Ltd. Corporate Surveillance BB1 BB1(Lr) ST-4 Stable 13-Mar-20
1774 Prompt Packaging Limited SME Surveillance CRAB-SE 4 - - - 03-Oct-20
1775 Pronayan SME Surveillance CRAB-SE 2 - - - 08-Nov-20
1776 Protiva Enterprise SME Surveillance CRAB-SE 4 - - - 27-Jun-20
1777 Prottasha Enterprise SME Surveillance CRAB-SE 3 - - - 24-Jul-20
1778 Provita Breeders Limited Corporate Initial Rating BBB1 BBB1(Lr) ST-3 Stable 11-Sep-20
1779 Provita Chicks Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 22-Sep-20
1780 Provita Hatcheries Ltd. Corporate Initial Rating BBB1 BBB1(Lr) ST-3 Stable 11-Sep-20
1781 Proyash Distribution Co. Ltd. SME Initial Rating CRAB-SE 3 - - - 11-Sep-20
1782 Pul Industries Ltd. SME Surveillance CRAB-ME 3 - - - 30-Oct-20
1783 Pulse Communication SME Surveillance CRAB-ME 3 - - - 21-Mar-20
1784 Pulse Engineering Limited Ltd. SME Surveillance CRAB-SE 3 - - - 28-Dec-20
1785 Punam Enterprise SME Surveillance CRAB-SE 4 - - - 03-Oct-20
1786 Punarbhaba Security Construction & Services Ltd. SME Initial Rating CRAB-ME 3 - - - 28-May-20
1787 Purbani Fabrics Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 18-Jun-20
1788 Purbani Rotor Spinning Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 18-Jun-20
1789 Purbani Synthetic Spinning Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 18-Jun-20
1790 Purbani Yarn Dyeing Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 18-Jun-20
1791 Purple Telecom Ltd. SME Surveillance CRAB-ME 3 - - - 30-Apr-20
1792 Q n Queue Accessories Ltd. Corporate Surveillance BB1 BB1(Lr) ST-4 Stable 31-Jul-20
1793 Q R Builders Ltd. SME Initial Rating CRAB-SE 4 - - - 23-Jan-20
1794 QNS Container Services Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-2 Stable 15-Dec-20
1795 QNS Industries Ltd. Corporate Surveillance BB1 BB1(Lr) ST-4 Stable 31-Mar-20
1796 Quality Apparels SME Initial Rating CRAB-SE 4 - - - 30-Dec-20
1797 Quality Enterprise Corporate Initial Rating - BBB3(Lr) ST-3 - 17-Apr-20
1798 Quantam Builders & Engineering Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 04-Sep-20
1799 Quantam LA Construction Corporate Surveillance - BBB2(Lr) ST-3 - 04-Sep-20
1800 Quartel Infotech Ltd. Corporate Surveillance BB1 BB1(Lr) ST-4 Stable 30-Jun-20
1801 Quasem Food Products Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 15-Dec-20
1802 Quasem Industries Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 15-Dec-20
1803 Quasem Lamps Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-3 Stable 30-Jan-20
1804 Quasem Zinc Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable 15-Dec-20
1805 Quest Accessories (BD) Ltd. Corporate Surveillance - - ST-3 - 31-Jul-20
1806 Quick Energy SME Initial Rating CRAB-SE 4 - - - 13-Mar-20
1807 R Islam Accessories SME Surveillance CRAB-SE 4 - - - 06-Jun-20
1808 R Islam Plastic Karkhana SME Surveillance CRAB-SE 4 - - - 25-Jul-20
1809 R K Fashion Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 28-Aug-20
1810 R K Spinning Mills Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 28-Aug-20
1811 R M Fabitech Ltd. SME Surveillance CRAB-ME 2 - - - 30-Jun-20
1812 R M Interlinings Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 29-Jun-20
1813 R M International SME Surveillance CRAB-ME 3 - - - 30-Oct-20
1814 R R Fisheries SME Initial Rating CRAB-SE 4 - - - 28-Dec-20
1815 R R P Agro Farms Corporate Initial Rating - - ST-2 - 06-Feb-20
1816 R S Machineries Corporate Surveillance - BBB2(Lr) ST-3 - 30-Jun-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
35
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
1817 R S Trade International SME Surveillance CRAB-SE 3 - - - 10-Jun-20
1818 Rabbani Autos SME Surveillance CRAB-SE 3 - - - 12-Sep-20
1819 Rabeya Tiles & Sanitary SME Surveillance CRAB-SE 3 - - - 21-Sep-20
1820 RAB-RC (Pvt.) Ltd. SME Surveillance CRAB-ME 2 - - - 30-Sep-20
1821 Radha kantha Nath SME Initial Rating CRAB-SE 4 - - - 28-Jun-20
1822 Radial International Ltd. Corporate Surveillance - A2(Lr) ST-3 - 31-Mar-20
1823 Radiance Fashion Ltd. Corporate Surveillance - BBB1(Lr) ST-3 - 31-Mar-20
1824 Radiance Jeans Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 31-Mar-20
1825 Radiance Packaging & Accessories Ltd. Corporate Surveillance - BBB1(Lr) ST-3 - 31-Mar-20
1826 Radiant Sweater Industries Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 04-Dec-20
1827 Radisson Casualwear Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 12-Sep-20
1828 Radisson Garments Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 20-Apr-20
1829 Rafi Weaving Factory SME Initial Rating CRAB-ME 3 - - - 28-Dec-20
1830 Rafim Enterprise SME Surveillance CRAB-SE 3 - - - 25-Jul-20
1831 Rafique & Brothers SME Surveillance CRAB-SE 4 - - - 26-May-20
1832 Rafique Enterprise SME Surveillance CRAB-SE 3 - - - 27-Nov-20
1833 Rafiqul Islam SME Initial Rating CRAB-SE 4 - - - 28-Aug-20
1834 Rahat Construction SME Initial Rating CRAB-SE 4 - - - 10-Dec-20
1835 Rahi & Rahat Traders SME Initial Rating CRAB-SE 4 - - - 06-Nov-20
1836 Rahim Energy Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 30-Sep-20
1837 Rahim Fashion SME Initial Rating CRAB-SE 3 - - - 28-Dec-20
1838 Rahim Hardware & Electric SME Initial Rating CRAB-SE 4 - - - 20-Mar-20
1839 Rahim Steel Mills Co. (Pvt) Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 30-Sep-20
1840 Rahim Super Extreme Ltd. Corporate Initial Rating A2 A2(Lr) ST-3 Stable 13-Feb-20
1841 Rahman & Co. Corporate Surveillance - - ST-4 - 08-May-20
1842 Rahman Corporation & Its Sister Concern SME Initial Rating CRAB-SE 3 - - - 30-Mar-20
1843 Rahman Emporium SME Surveillance CRAB-SE 4 - - - 23-Dec-20
1844 Rahman International SME Surveillance CRAB-ME 3 - - - 30-Oct-20
1845 Rahman Jute Mills (Pvt.) Ltd. Corporate Surveillance - BB1(Lr) ST-4 - 31-Dec-19
1846 Rahman Steel House SME Surveillance CRAB-SE 3 - - - 24-Jun-20
1847 Rahmania Enterprise SME Initial Rating CRAB-SE 3 - - - 28-May-20
1848 Rahmat Ali & Co. SME Surveillance CRAB-SE 3 - - - 17-Sep-20
1849 Rahmatullah Jute Traders SME Initial Rating CRAB-SE 4 - - - 30-Jan-20
1850 Rahul Consumer Product SME Surveillance CRAB-ME 3 - - - 31-Jan-20
1851 Raihan Enterprise SME Surveillance CRAB-SE 4 - - - 13-Feb-20
1852 Raika Sharee Fashion SME Initial Rating CRAB-SE 4 - - - 19-Feb-20
1853 Rainbow Associates Corporate Surveillance - BBB3(Lr) ST-3 - 19-Feb-20
1854 Rainbow Chemicals SME Surveillance CRAB-SE 4 - - - 15-Jun-20
1855 Rainbow Jute Mills Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 19-Feb-20
1856 Raipur Enterprise SME Initial Rating CRAB-SE 3 - - - 30-Oct-20
1857 Raisha Enterprise SME Surveillance CRAB-SE 4 - - - 19-Feb-20
1858 Raj Auto Rice Mill SME Initial Rating CRAB-SE 3 - - - 28-May-20
1859 Raj Lanka Power Co. Limited Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 30-Nov-20
1860 Raj Lanka Power Company Ltd. (Preference Share) Corporate Surveillance AA2 AA2(SO) ST-3 Stable 30-Nov-20
1861 Rajmahal & Grossery Shop SME Initial Rating CRAB-SE 3 - - - 27-Mar-20
1862 Rajnagar Tea Company Ltd. Corporate Initial Rating - BB3(Lr) ST-4 - 17-Dec-20
1863 Rakhee Shoes SME Surveillance CRAB-SE 3 - - - 03-Oct-20
1864 Rakhi Three Piece SME Surveillance CRAB-SE 4 - - - 18-Apr-20
1865 Rakib Enterprise SME Surveillance CRAB-SE 4 - - - 27-Nov-20
1866 Rakin Enterprise SME Initial Rating CRAB-SE 5 - - - 06-Mar-20
1867 Ramzan & Brothers SME Initial Rating CRAB-SE 3 - - - 23-Dec-20
1868 Rana Enterprise & Rozina Enterprise SME Initial Rating CRAB-SE 4 - - - 27-Mar-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
36
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
1869 Rana Metal Industries SME Surveillance CRAB-SE 3 - - - 26-Sep-20
1870 Rang Bitan SME Surveillance CRAB-SE 4 - - - 21-Mar-20
1871 Rangs Motors Ltd. Corporate Surveillance - A2(Lr) ST-3 Stable 30-Nov-20
1872 Ranjay Metal Works SME Initial Rating CRAB-SE 3 - - - 23-Jun-20
1873 Ranks FC Properties Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 15-Dec-20
1874 Ranks Motors Workshops Ltd. Corporate Surveillance - A3(Lr) ST-3 - 30-Nov-20
1875 Ranks Real Estate Ltd. Corporate Surveillance - BBB3(Lr) - - 30-Apr-20
1876 Rapid Trim Solution SME Surveillance CRAB-SE 3 - - - 15-Mar-20
1877 Rasel Enterprise SME Surveillance CRAB-SE 3 - - - 15-Dec-20
1878 Rashed & Brothers SME Surveillance CRAB-SE 4 - - - 14-Feb-20
1879 Rashed Cycle Mart SME Initial Rating CRAB-SE 3 - - - 30-Oct-20
1880 Rashed Enterprise SME Surveillance CRAB-SE 3 - - - 27-Dec-20
1881 Rashid & Brothers Rice Mill SME Surveillance CRAB-SE 3 - - - 15-Mar-20
1882 Rashid & Co. SME Initial Rating CRAB-SE 3 - - - 05-Oct-20
1883 Rashid & Sons International SME Surveillance CRAB-SE 3 - - - 27-Nov-20
1884 Rashid Agro Food Products Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 31-Dec-19
1885 Rashid Atop Automatic rice Mill Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 06-Sep-20
1886 Rashid Automatic Rice Mills Ltd. Corporate Surveillance A2 A2(Lr) ST-2 Stable 26-Oct-20
1887 Rashid Enterprise Corporate Surveillance - BBB2(Lr) - - 31-Aug-20
1888 Rashid Enterprise (EXIM Bank) Corporate Surveillance - - ST-3 - 14-Mar-20
1889 Rashid Enterprise (SME) SME Surveillance CRAB-SE 4 - - - 28-Aug-20
1890 Rashid Oil Mills Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 01-Mar-20
1891 Rashid Paper Mills Ltd. Corporate Surveillance BBB3(Pr) - - - 30-Apr-20
1892 Rashidul Harun Sajal SME Initial Rating CRAB-SE 4 - - - 06-Mar-20
1893 Rasna Pharmaceuticals Unani SME Surveillance CRAB-SE 4 - - - 30-Jun-20
1894 Ratul Collection Corporate Surveillance - BBB3(Lr) ST-3 - 30-Jun-20
1895 Rayfung Trading International SME Surveillance CRAB-SE 3 - - - 30-Oct-20
1896 Rayshine Electronics Ltd. SME Surveillance CRAB-SE 3 - - - 26-Apr-20
1897 Raza Enterprise SME Initial Rating CRAB-SE 3 - - - 11-Sep-20
1898 Razia Automatic Rice Mill SME Surveillance CRAB-SE 3 14-Nov-20
1899 Razon Traders SME Surveillance CRAB-SE 4 - - - 21-Mar-20
1900 Razzak & Co. SME Surveillance CRAB-SE 4 - - - 23-May-20
1901 Razzak Brothers Corporate Surveillance - BBB2(Lr) ST-3 - 04-Feb-20
1902 Razzak Enterprise SME Initial Rating CRAB-SE 3 - - - 11-Sep-20
1903 Razzak Enterprise (SJIBL) SME Initial Rating CRAB-SE 4 - - - 30-Oct-20
1904 Razzak Enterprise (SME_CTG) SME Initial Rating CRAB-SE 4 - - - 11-Sep-20
1905 Razzak Khadya Bhander SME Surveillance CRAB-SE 4 - - - 30-Dec-20
1906 Razzak Textile Mills Ltd. SME Surveillance CRAB-SE 4 - - - 02-Mar-20
1907 Redoy Accessories & Its Sister Concern Redoy Packaging SME Initial Rating CRAB-SE 4 - - - 09-Oct-20
1908 Reid & Fashion SME Surveillance CRAB-SE 3 - - - 28-Dec-20
1909 Rejaul Traders SME Surveillance CRAB-SE 3 - - - 22-May-20
1910 Reliable Steel Ltd. Corporate Initial Rating BBB2 BBB2(Lr) - Stable 30-Mar-20
1911 Reliance Auto SME Initial Rating CRAB-SE 3 - - - 13-Feb-20
1912 Reliance Engineering & Trading SME Initial Rating CRAB-ME 3 - - - 17-Dec-20
1913 Reliance Steel Ltd. Corporate Surveillance BBB3(Pr) - - - 31-Jan-20
1914 Reliance Trade International SME Surveillance CRAB-ME 3 - - - 28-Aug-20
1915 Reliance Trim Park Ltd. Corporate Initial Rating - BB1(Lr) ST-3 - 08-May-20
1916 Remi Holdings Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 31-Oct-20
1917 Renata Agro Industries Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 12-Apr-20
1918 Rensco Rice Mill SME Surveillance CRAB-SE 4 - - - 20-Jun-20
1919 Reshma Traders SME Initial Rating CRAB-SE 4 - - - 20-Mar-20
1920 Resource Planning & Management Consultants (Pvt) Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 29-May-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
37
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
1921 Reverie Power & Automation Engineering Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 31-May-20
1922 Reyan Machineries Equipment and its sister concern SME Surveillance CRAB-SE 3 - - - 29-Sep-20
1923 Rez Trading SME Surveillance CRAB-SE 4 - - - 07-Nov-20
1924 Reza Traders SME Initial Rating CRAB-SE 4 - - - 24-Jul-20
1925 RGR Sweater Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 30-Sep-20
1926 Rich Plus Knitwear Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-3 Stable 22-May-20
1927 Rifat Traders & Sanitary Pathor Khuty SME Initial Rating CRAB-SE 3 - - - 02-Mar-20
1928 Rigs Marketing Corporate Surveillance - BBB1(Lr) ST-3 - 30-Dec-20
1929 Rimme Enterprise SME Initial Rating CRAB-SE 4 - - - 04-Dec-20
1930 Ripon Knitwear Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 13-Mar-20
1931 Ripon Packaging Ind. (Pvt.) Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 13-Mar-20
1932 Ripon Traders SME Surveillance CRAB-SE 3 - - - 04-Feb-20
1933 Rishan Enterprise SME Surveillance CRAB-SE 3 - - - 13-Nov-20
1934 River Side Enterprise SME Initial Rating CRAB-SE 5 - - - 17-Dec-20
1935 Rizia Battery and Prapty Traders SME Initial Rating CRAB-SE 4 - - - 27-Nov-20
1936 RJM Footwear Ltd. Corporate Initial Rating - BBB3(Lr) ST-3 - 23-Dec-20
1937 RK Feed & Poultry Limited Corporate Initial Rating BBB3(Pr) - - - 31-Jan-20
1938 RK Greenland Ltd. Corporate Surveillance BBB3(Pr) - - - 22-May-20
1939 RN Yakub & Brothers Private Limited SME Surveillance CRAB-ME 3 - - - 23-Oct-20
1940 Robi Axiata Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 31-Mar-20
1941 Robiul Boylar & Chaul Kall SME Surveillance CRAB-SE 3 - - - 01-Aug-20
1942 Rocky Knitting Mills (Pvt.) Ltd. Corporate Surveillance - BBB3(Lr) ST-4 - 31-Aug-20
1943 Rokeya & Sons & Its Sister Concern SME Surveillance CRAB-ME 3 - - - 07-Feb-20
1944 Rokeya International SME Surveillance CRAB-SE 3 - - - 30-Dec-20
1945 Roman Enterprise SME Surveillance CRAB-SE 3 - - - 17-Feb-20
1946 Romon Azad Enterprise SME Surveillance CRAB-SE 4 - - - 31-Jan-20
1947 Roni Traders SME Initial Rating CRAB-SE 4 - - - 27-Nov-20
1948 Rony Car's SME Initial Rating CRAB-SE 4 - - - 27-Nov-20
1949 Rony Enterprise Corporate Surveillance - - ST-3 - 08-May-20
1950 Rony Fish SME Initial Rating CRAB-SE 4 - - - 24-Jul-20
1951 Rony Limes SME Initial Rating CRAB-SE 3 - - - 11-Sep-20
1952 Rony Traders SME Initial Rating CRAB-SE 4 - - - 21-Aug-20
1953 Rose View Complex Pvt Ltd. Corporate Surveillance - BBB3(Lr) - - 25-Jul-20
1954 Roshni Vila SME Initial Rating CRAB-SE 3 - - - 19-Feb-20
1955 Rowza Pure Foods Ltd. SME Surveillance CRAB-SE 3 - - - 15-Mar-20
1956 RP Animal Health Co. Corporate Surveillance - BBB3(Lr) ST-3 - 24-Sep-20
1957 RR Automobiles Pvt. Ltd. SME Initial Rating CRAB-SE 3 - - - 06-Nov-20
1958 RR Imperial Electricals Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 15-Dec-20
1959 RS & Brothers SME Surveillance CRAB-SE 3 - - - 31-May-20
1960 RSM Enterprise SME Initial Rating CRAB-SE 4 - - - 17-Sep-20
1961 RSM Leather Goods Ltd. SME Initial Rating CRAB-SE 4 - - - 06-Nov-20
1962 RTT Textile Industries (PVT.) Ltd. SME Initial Rating CRAB-ME 4 - - - 23-Jun-20
1963 RTT Towels (BD) Ltd. SME Initial Rating CRAB-ME 3 - - - 23-Jun-20
1964 Rubel Bostra Bitan SME Initial Rating CRAB-SE 4 - - - 11-Sep-20
1965 Rubel Steel Mills Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Dec-20
1966 Rubia Textile Mills SME Surveillance CRAB-SE 3 - - - 10-Dec-20
1967 Ruby Enterprise SME Surveillance CRAB-SE 4 - - - 30-Mar-20
1968 Ruby Food Products Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 15-Dec-20
1969 Ruhul Amin & Brothers SME Surveillance CRAB-ME 3 - - - 16-May-20
1970 Ruhul Amin Banijjaloy SME Initial Rating CRAB-SE 3 - - - 04-Dec-20
1971 Ruhul Enterprise SME Surveillance CRAB-SE 4 - - - 04-Apr-20
1972 Rumon dugdha Khamar SME Surveillance CRAB-SE 3 - - - 15-Nov-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
38
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
1973 Runner Automobiles Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 30-Nov-20
1974 Runner Motors Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 30-Nov-20
1975 Rupali Agencies Corporate Surveillance - BBB2(Lr) ST-3 - 30-Nov-20
1976 Rupsha Automatic Rice Mill SME Surveillance CRAB-SE 3 - - - 28-Jun-20
1977 Ruslan Corporation Corporate Surveillance - BB1(Lr) ST-4 - 15-Dec-20
1978 Rustom Sawdagar SME Surveillance CRAB-ME 3 - - - 30-Nov-20
1979 S & S Ship Management SME Surveillance CRAB-ME 3 - - - 20-Dec-20
1980 S A Tank Terminal Ltd. Corporate Surveillance - B3(Lr) - - 29-Jun-20
1981 S Ahmed Trading Corporation Corporate Surveillance - BBB1(Lr) ST-3 - 30-Dec-20
1982 S B M Motsho Khamar SME Surveillance CRAB-SE 4 - - - 28-Nov-20
1983 S K Steel & Re Rolling Mills Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 30-Dec-20
1984 S K Traders SME Surveillance CRAB-SE 3 - - - 05-Dec-20
1985 S M Enterprise Corporate Initial Rating - BB1(Lr) ST-4 - 29-Jun-20
1986 S M Trading Co. Corporate Surveillance - BBB3(Lr) ST-3 - 15-Apr-20
1987 S N Corporation Corporate Surveillance - - ST-3 - 15-Mar-20
1988 S N Enterprise SME Initial Rating CRAB-SE 4 - - - 27-Mar-20
1989 S O Trade SME Surveillance CRAB-SE 4 - - - 21-Nov-20
1990 S R Enterprise SME Surveillance CRAB-SE 3 - - - 26-May-20
1991 S R Motors SME Surveillance CRAB-SE 4 - - - 17-Oct-20
1992 S R Tours & Travels SME Initial Rating CRAB-SE 4 - - - 15-May-20
1993 S R Traders SME Initial Rating CRAB-SE 4 - - - 24-Apr-20
1994 S R Trading SME Initial Rating CRAB-SE 4 - - - 04-Dec-20
1995 S S Chemicals SME Initial Rating CRAB-SE 4 - - - 23-Jan-20
1996 S S Doors & Furniture SME Surveillance CRAB-SE 3 - - - 01-Mar-20
1997 S S Enterprise SME Initial Rating CRAB-SE 3 - - - 13-Feb-20
1998 S S Enterprise (CTG-DBBL) SME Initial Rating CRAB-SE 4 - - - 13-Mar-20
1999 S S Helencha Ltd. Corporate Surveillance - - ST-3 - 20-Dec-20
2000 S S Trading SME Surveillance CRAB-SE 3 - - - 22-Feb-20
2001 S T Trading SME Surveillance CRAB-SE 3 - - - 28-Sep-20
2002 S Tel (SME) SME Initial Rating CRAB-SE 4 - - - 27-Mar-20
2003 S. Suhi Industrial Park Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 21-Aug-20
2004 SA International SME Initial Rating CRAB-SE 3 - - - 30-Dec-20
2005 SA Traders SME Initial Rating CRAB-SE 4 - - - 26-Jun-20
2006 Saad Biriyani Ghar & Restaurant SME Surveillance CRAB-ME 4 - - - 30-Jun-20
2007 Saba Poultry & Dairy Firm SME Initial Rating CRAB-SE 3 - - - 30-Mar-20
2008 Sabbir Auto Flour Mill SME Initial Rating CRAB-SE 3 - - - 06-Mar-20
2009 Sabbir Cottage SME Surveillance CRAB-ME 4 - - - 01-Jun-20
2010 Sabjiana Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 30-Nov-20
2011 Sabrina Enterprise SME Initial Rating CRAB-SE 4 - - - 30-Jan-20
2012 Sabuj Agro Industries SME Surveillance CRAB-SE 4 - - - 17-Aug-20
2013 Sabuj Enterprise SME Initial Rating CRAB-SE 4 - - - 27-Nov-20
2014 Sachi Auni CNG Fuel & Conversion Ltd. SME Surveillance CRAB-SE 3 - - - 01-Feb-20
2015 Sadakalo Pvt. Limited SME Surveillance CRAB-ME 3 - - - 27-Mar-20
2016 Sadi Enterprise SME Initial Rating CRAB-SE 3 - - - 20-Nov-20
2017 Sadma Fashion wear Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 27-Nov-20
2018 Safa Traders SME Surveillance CRAB-SE 3 - - - 25-Oct-20
2019 Safari Sports SME Initial Rating CRAB-SE 3 - - - 28-May-20
2020 Safatulla Filling Station SME Surveillance CRAB-SE 3 - - - 14-Mar-20
2021 Safe Traders SME Initial Rating CRAB-SE 4 - - - 30-Jan-20
2022 Safety Concern SME Initial Rating CRAB-SE 4 - - - 07-Jan-20
2023 Safique & Brothers SME Surveillance CRAB-SE 4 - - - 03-Oct-20
2024 Sagarika Ship Breaking Industry Corporate Surveillance - - ST-4 - 29-Oct-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
39
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
2025 Sagor Engineering Works SME Surveillance CRAB-SE 3 - - - 29-May-20
2026 Sagor Enterprise SME Initial Rating CRAB-SE 4 - - - 02-Mar-20
2027 Saha Brothers SME Surveillance CRAB-SE 3 - - - 21-Sep-20
2028 Saha Enterprise SME Initial Rating CRAB-SE 4 - - - 04-Dec-20
2029 Sahara Green Bricks Ltd. Corporate Surveillance BB3(Pr) - - - 30-Jun-20
2030 Sahazatri Enterprise SME Surveillance CRAB-SE 4 - - - 30-Jun-20
2031 Saif Enterprise SME Initial Rating CRAB-SE 4 - - - 27-Mar-20
2032 Saif Powertec Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 31-Jan-20
2033 Saiful & Co. SME Surveillance CRAB-SE 3 - - - 29-Jun-20
2034 Saiham Cotton Mills Ltd. (Surveillance) Corporate Surveillance A2 A2(Lr), AA3(Lr) ST-3 Stable 02-Mar-20
2035 Saiham Knit Composite Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 26-Dec-20
2036 Saiham Suits Ltd. Corporate Surveillance BBB1(Pr) - - - 24-Apr-20
2037 Sajal Enterprise SME Surveillance CRAB-SE 3 - - - 01-Feb-20
2038 Sajan International Trading Co. Ltd. SME Surveillance CRAB-SE 4 - - - 27-Mar-20
2039 Sajib Rice Mill SME Initial Rating CRAB-SE 4 - - - 28-Dec-20
2040 Sajjad Impex SME Surveillance CRAB-ME 3 - - - 06-Nov-20
2041 Saju Enterprise SME Surveillance CRAB-SE 3 - - - 31-Dec-19
2042 Saki Filling Station SME Initial Rating CRAB-SE 3 - - - 04-Dec-20
2043 Sakib Enterprise SME Initial Rating CRAB-SE 4 - - - 30-Oct-20
2044 Sakib Traders SME Initial Rating CRAB-SE 3 - - - 23-Oct-20
2045 Sakura Filling Station SME Surveillance CRAB-SE 5 - - - 23-Jan-20
2046 Sakura Paribahan Pvt. Ltd. Corporate Surveillance - BB1(Lr) ST-4 - 17-May-20
2047 Salam Traders & its Sister Concern SME Initial Rating CRAB-SE 3 - - - 28-Aug-20
2048 Salauddin & Sons SME Surveillance CRAB-SE 3 - - - 29-Jun-20
2049 Salehi Cottage Industries SME Surveillance CRAB-ME 3 - - - 05-Sep-20
2050 Salim Saw Mill & Rakib Furniture Mart SME Initial Rating CRAB-SE 3 - - - 16-Oct-20
2051 Salim Uddin Ahmed SME Surveillance CRAB-SE 3 - - - 28-Feb-21
2052 Sam Associates Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 23-Jun-20
2053 Sam Filling Station Corporate Initial Rating - BBB3(Lr) - - 26-Jun-20
2054 Sam International SME Initial Rating CRAB-SE 4 - - - 13-Nov-20
2055 Sam Ree Dyeing (BD) Ltd. Corporate Surveillance - BB1(Lr) ST-3 - 05-Jun-20
2056 SAM Steel Corporate Surveillance - BBB3(Lr) ST-3 - 05-May-20
2057 Samad Hardware Store SME Surveillance CRAB-SE 4 - - - 15-Oct-20
2058 Samad Trading Corporation & Its Sister Cosern SME Surveillance CRAB-SE 3 - - - 24-Jan-20
2059 Sameer Enterprise Corporate Surveillance - - ST-4 - 30-Jun-20
2060 Samorita Hospital Ltd. Corporate Initial Rating A3 - - Stable 06-Nov-20
2061 Samrat Industries Corporate Surveillance - BBB2(Lr) ST-3 - 20-Nov-20
2062 Samrat Traders SME Surveillance CRAB-SE 3 - - - 03-Oct-20
2063 Sanitary Vision SME Surveillance CRAB-SE 4 - - - 17-Dec-20
2064 Sanjib Majumder SME Initial Rating CRAB-SE 3 - - - 10-Dec-20
2065 Sans Packaging And Accessories Industries Ltd. Corporate Initial Rating - BBB3(Lr) ST-3 - 09-Oct-20
2066 Sanuara Oil Mill SME Surveillance CRAB-SE 3 - - - 20-Dec-20
2067 Sanzi Textile Mills Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 31-Mar-20
2068 Sapahar Filling Station SME Surveillance CRAB-SE 3 - - - 12-Jun-20
2069 Sapahar Rice Agency SME Surveillance CRAB-SE 3 - - - 28-May-20
2070 Sapahar Traders SME Surveillance CRAB-SE 3 - - - 28-May-20
2071 Sardar Matsho Khamar Ltd. SME Initial Rating CRAB-SE 3 - - - 10-Dec-20
2072 Sarder Store SME Initial Rating CRAB-SE 4 - - - 31-Jul-20
2073 Sarder Traders SME Initial Rating CRAB-SE 4 - - - 28-Aug-20
2074 Sarker Printing & Publishing Corporate Surveillance - BBB1(Lr) ST-3 - 14-Nov-20
2075 Sat Rong Electronics SME Surveillance CRAB-SE 4 - - - 28-Nov-20
2076 Satata Enterprise SME Surveillance CRAB-SE 3 - - - 21-Sep-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
40
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
2077 Satata Enterprise (NRBC Bank) SME Initial Rating CRAB-SE 3 - - - 06-Mar-20
2078 Satata Motors SME Surveillance CRAB-SE 4 - - - 26-Dec-20
2079 Satata RCC Pipe SME Surveillance CRAB-SE 3 - - - 14-Feb-20
2080 Sathkania Hardware & Chemical Agency SME Initial Rating CRAB-SE 3 - - - 29-Sep-20
2081 Satota Electronics SME Initial Rating CRAB-SE 3 - - - 31-Jul-20
2082 Satter & Brothers Corporate Surveillance - - ST-3 - 17-Jun-20
2083 Saturn Textiles Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 29-Jun-20
2084 Saudia Sanitary SME Surveillance CRAB-SE 3 - - - 26-Dec-20
2085 Saurav Textile SME Surveillance CRAB-SE 3 - - - 18-Jun-20
2086 Sawon Traders SME Initial Rating CRAB-SE 3 - - - 17-Dec-20
2087 Sayed Ali SME Initial Rating CRAB-SE 4 - - - 30-Dec-20
2088 Sayed Traders SME Surveillance CRAB-SE 4 - - - 23-Jan-20
2089 Sayed Traders (SEBL) SME Surveillance CRAB-SE 4 - - - 15-Dec-20
2090 Sayem Fashions Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 04-Dec-20
2091 Sayeman Beach Resort Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 15-Dec-20
2092 Sayera Enterprise SME Surveillance CRAB-ME 3 - - - 15-Jun-20
2093 Sayka Motors SME Initial Rating CRAB-SE 3 - - - 23-Oct-20
2094 Sazid Construction SME Initial Rating CRAB-SE 4 - - - 02-Oct-20
2095 Sazzad Enterprise SME Surveillance CRAB-SE 3 - - - 23-Oct-20
2096 Sazzad Steel Mills Corporate Surveillance - BBB3(Lr) ST-3 - 30-Nov-20
2097 SB Solution SME Surveillance CRAB-SE 3 - - - 27-Mar-20
2098 SBS Corporation SME Surveillance CRAB-SE 3 - - - 26-Dec-20
2099 SBS Motor Workshop SME Surveillance CRAB-SE 3 - - - 07-Jun-20
2100 Scandex Textile Industries Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 30-Dec-20
2101 SD Camical Company SME Initial Rating CRAB-SE 4 - - - 28-Jun-20
2102 SD Trade International SME Initial Rating CRAB-SE 4 - - - 28-Jun-20
2103 Sea Blue Textile Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 20-May-20
2104 Sea Tex Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 17-May-20
2105 Sea Trade Fertilizer Ltd. Corporate Initial Rating - BBB3(Lr) ST-4 - 30-Dec-20
2106 Seamark (BD) Ltd. Corporate Initial Rating A2 A2(Lr) ST-3 Stable 29-Sep-20
2107 Secura Bangladesh Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 15-Aug-20
2108 Seiko Steel Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 01-Feb-20
2109 Self Innovative Fashion Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 08-May-20
2110 SENS SME Surveillance CRAB-SE 4 - - - 24-May-20
2111 Server Station SME Surveillance CRAB-ME 3 - - - 15-Mar-20
2112 Service Bangladesh SME Surveillance CRAB-SE 3 - - - 29-Jun-20
2113 Seth Properties Ltd. Corporate Initial Rating - BBB3(Lr) ST-3 - 20-Mar-20
2114 Seth Trading Corporate Initial Rating - BBB3(Lr) ST-3 - 20-Mar-20
2115 Seven Seas Shipping Corporate Surveillance BB2 - - Stable 15-Dec-20
2116 SF Sweaters Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 30-Sep-20
2117 Shaad & Co Ltd. SME Initial Rating CRAB-SE 3 - - - 17-Dec-20
2118 Shabbir Enterprise SME Initial Rating CRAB-SE 3 - - - 28-Jun-20
2119 Shachu Enterprice SME Initial Rating CRAB-SE 4 - - - 04-Dec-20
2120 Shadid Enterprise (SME) SME Initial Rating CRAB-SE 3 - - - 02-Mar-20
2121 Shafali Rahman SME Initial Rating CRAB-SE 3 - - - 06-Nov-20
2122 Shafi Food Products SME Surveillance CRAB-SE 4 - - - 21-Nov-20
2123 Shafikul Traders SME Surveillance CRAB-SE 4 - - - 26-Dec-20
2124 Shafiq Brothers Corporate Surveillance - BBB3(Lr) ST-3 - 20-Jun-20
2125 Shah Amanat Cutting Center Corporate Surveillance - BBB1(Lr) ST-3 - 26-Apr-20
2126 Shah Amanat Elastic and Accessories SME Initial Rating CRAB-SE 4 - - - 28-Aug-20
2127 Shah Amanat Enterprise SME Initial Rating CRAB-SE 3 - - - 04-Dec-20
2128 Shah Amanat Traders SME Surveillance CRAB-SE 3 - - - 20-Dec-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
41
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
2129 Shah Gazipuri Enterprise SME Initial Rating CRAB-SE 3 - - - 10-Dec-20
2130 Shah Majidia SME Surveillance CRAB-ME 4 - - - 10-Oct-20
2131 Shah Rice Mill SME Surveillance CRAB-SE 4 - - - 15-Mar-20
2132 Shah Sultan Biz Himagar Corporate Initial Rating - - ST-4 - 30-Dec-20
2133 Shaha Ali Chaul Kol SME Initial Rating CRAB-SE 3 - - - 17-Sep-20
2134 Shahab Uddin & Brothers SME Surveillance CRAB-SE 3 - - - 29-Mar-20
2135 Shahab Uddin Villa SME Initial Rating CRAB-SE 4 - - - 06-Nov-20
2136 Shahadat Hossain SME Surveillance CRAB-ME 3 - - - 26-Apr-20
2137 Shahadat Metal and Engineering Works SME Initial Rating CRAB-SE 3 - - - 24-Jul-20
2138 Shahed Alam & Brothers SME Initial Rating CRAB-ME 4 - - - 23-Sep-20
2139 Shaheen General Store SME Surveillance CRAB-SE 3 - - - 17-May-20
2140 Shahil Garments SME Initial Rating CRAB-SE 4 - - - 23-Dec-20
2141 Shahin Industries SME Initial Rating CRAB-SE 3 - - - 28-Jun-20
2142 Shahin Thai & SS SME Initial Rating CRAB-SE 3 - - - 13-Feb-20
2143 Shahjahan & Brothers SME Initial Rating CRAB-SE 4 - - - 30-Oct-20
2144 Shahjahan Brothers SME Initial Rating CRAB-SE 3 - - - 06-Aug-20
2145 Shahjalal & Shahporan Enterprise SME Initial Rating CRAB-SE 4 - - - 29-Sep-20
2146 Shahjalal Store SME Surveillance CRAB-SE 3 - - - 14-Mar-20
2147 Shahjibazar Power Company Ltd. Corporate Surveillance AA1 AA1(Lr) ST-2 Stable 27-Jan-20
2148 Shahnaj Furniture SME Initial Rating CRAB-SE 4 - - - 20-Nov-20
2149 Shaikat Enterprise SME Initial Rating CRAB-SE 3 - - - 06-Mar-20
2150 Shaikat Knitwear Corporate Surveillance - BBB2(Lr) ST-3 - 02-Mar-20
2151 Shaista Miah SME Initial Rating CRAB-SE 4 - - - 13-Nov-20
2152 Shajedur Rahman Shajid Construction SME Initial Rating CRAB-SE 4 - - - 30-Dec-20
2153 Shamim Enterprise SME Surveillance CRAB-SE 4 - - - 29-Aug-20
2154 Shamimur Rahman SME Initial Rating CRAB-SE 3 - - - 13-Nov-20
2155 Shampa Flour Mills Ltd. Corporate Surveillance AA1 AA1(Lr) ST-1 Stable 31-Dec-20
2156 Shams Styling Wear Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Jun-20
2157 Shamser Knit Fashions Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 11-Sep-20
2158 Shankar Majumder SME Initial Rating CRAB-SE 3 - - - 10-Dec-20
2159 Shanon Sweaters Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-3 Stable 20-Mar-20
2160 Shanta Moni Traders SME Surveillance CRAB-SE 4 - - - 13-Sep-20
2161 Shanto Enterprise SME Surveillance CRAB-ME 3 - - - 27-Nov-20
2162 Shaodagor SME Surveillance CRAB-SE 3 - - - 07-Mar-20
2163 Shapla Enterprise SME Initial Rating CRAB-SE 3 - - - 29-Jun-20
2164 Shapla Filling Station SME Initial Rating CRAB-SE 3 - - - 23-Sep-20
2165 Shapla Rice Mill SME Surveillance CRAB-SE 3 - - - 30-Dec-20
2166 Sharaf LPG Ltd. Corporate Initial Rating BBB3(Pr) - - - 26-Jun-20
2167 Sharafat & Brothers SME Surveillance CRAB-SE 3 - - - 30-Dec-20
2168 Sharder Enterprise SME Initial Rating CRAB-SE 4 - - - 30-Jan-20
2169 Sharif & Sons SME Initial Rating CRAB-SE 3 - - - 20-Nov-20
2170 Sharif Clod Storage Ltd. Corporate Surveillance - A2(Lr) ST-3 - 30-Jun-20
2171 Sharif Engineering Cran & Raker Service SME Initial Rating CRAB-SE 3 - - - 27-Mar-20
2172 Sharmin Traders SME Initial Rating CRAB-SE 4 - - - 16-Oct-20
2173 Sharoda Dal & Food Industries Corporate Surveillance - BBB3(Lr) - - 31-May-20
2174 Sharoda Flour Mills Corporate Surveillance - BBB3(Lr) - - 31-May-20
2175 Sharoda Traders Corporate Surveillance - BBB3(Lr) ST-3 - 31-May-20
2176 Sharp Kargo Kare Ltd. SME Surveillance CRAB-SE 4 - - - 23-Jun-20
2177 Shasha Garments Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 30-Nov-20
2178 Shathi Cloth & Garments SME Initial Rating CRAB-SE 4 - - - 28-Aug-20
2179 Shatu Pipes Ltd. SME Surveillance CRAB-SE 3 - - - 23-May-20
2180 Shatu Steels Corporate Surveillance - - ST-4 - 14-Feb-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
42
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
2181 Shefa Fabrics SME Initial Rating CRAB-SE 3 - - - 14-Feb-20
2182 Shehzad Food Products Ltd. Corporate Initial Rating BBB1 BBB1(Lr) ST-3 Stable 15-May-20
2183 Sheikh Traders SME Initial Rating CRAB-SE 3 - - - 20-Mar-20
2184 Shekh Ridoy Fashion SME Initial Rating CRAB-SE 3 - - - 11-Sep-20
2185 Shell Hometex Industry SME Surveillance CRAB-ME 4 - - - 19-Feb-20
2186 Sheltech (PVT) Limited Corporate Surveillance A2 A2(Lr) ST-3 Stable 31-Oct-20
2187 Sheltech Ceramics Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 31-Dec-19
2188 Sheltech Engineering Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 31-Oct-20
2189 Sheltech Technology ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 31-Oct-20
2190 Shetue Fish Food SME Surveillance CRAB-SE 3 - - - 25-Nov-20
2191 Shetue Plastic Industries SME Initial Rating CRAB-SE 4 - - - 13-Nov-20
2192 Shikto Printing and Trading SME Initial Rating CRAB-SE 3 - - - 04-Dec-20
2193 Shine Pukur Corporation SME Surveillance CRAB-SE 3 - - - 29-Aug-20
2194 Shipon Light House & Electronics SME Surveillance CRAB-SE 3 - - - 24-Jan-20
2195 Shirt Maker Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 24-May-20
2196 Shishubag Prokashoni SME Initial Rating CRAB-SE 4 30-Dec-20
2197 SHK Corporation SME Initial Rating CRAB-SE 4 - - - 30-Dec-20
2198 Shoaib Enterprise SME Surveillance CRAB-SE 3 - - - 27-Sep-20
2199 Shoam Enterprise SME Surveillance CRAB-SE 4 - - - 11-Oct-20
2200 Shoeb Corporation Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 29-Sep-20
2201 Shoghanda SME Surveillance CRAB-SE 3 - - - 29-Jun-20
2202 Shohagpur Textile Mills Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 18-Jun-20
2203 Shohel Time Center SME Initial Rating CRAB-SE 4 - - - 30-Dec-20
2204 Shondhan Shoes & Its Sister Concern SME Initial Rating CRAB-SE 4 - - - 06-Nov-20
2205 Shosty Auto SME Initial Rating CRAB-SE 3 - - - 19-Feb-20
2206 Shourov Shuvo Enterprise SME Initial Rating CRAB-SE 3 - - - 28-Aug-20
2207 Shova Enterprise SME Surveillance CRAB-SE 4 - - - 11-May-20
2208 Shovan Enterprise SME Initial Rating CRAB-SE 4 - - - 27-Mar-20
2209 Shujan Construction SME Initial Rating CRAB-SE 4 - - - 27-Nov-20
2210 Shuvo Atop Rice Mill SME Initial Rating CRAB-SE 3 - - - 31-Jul-20
2211 Shuvo Enterprise SME Surveillance CRAB-SE 3 - - - 26-Sep-20
2212 Shuvo Shourov Traders SME Initial Rating CRAB-SE 3 - - - 28-Aug-20
2213 Siam Saad Construction SME Surveillance CRAB-SE 3 - - - 07-Mar-20
2214 Siba Textile Processing Ltd. SME Surveillance CRAB-SE 4 - - - 08-May-20
2215 SIC Syndicate Corporate Surveillance - - ST-3 - 13-Feb-20
2216 Siddeswari Clod Storage Ltd. Corporate Surveillance - A2(Lr) ST-3 - 30-Jun-20
2217 Siddique Ahmed Filling Station SME Surveillance CRAB-SE 3 - - - 28-Jun-20
2218 Signcom Digital Ltd. SME Surveillance CRAB-SE 4 - - - 20-Dec-20
2219 Silua Traders SME Surveillance CRAB-SE 4 - - - 04-Dec-20
2220 Silver Dal Mills Ltd. Corporate Initial Rating BBB1 BBB1(Lr) ST-3 Stable 15-May-20
2221 Silver Fabrics Ltd. SME Surveillance CRAB-SE 4 - - - 17-Oct-20
2222 Silver Gallery Ltd. Corporate Initial Rating BBB3 - - Stable 10-Dec-20
2223 Simantik Builders & Suppliers SME Initial Rating CRAB-SE 4 - - - 20-Nov-20
2224 Sindabad.com Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 05-Dec-20
2225 Siraj Apparels (PVT) Ltd. SME Surveillance CRAB-SE 4 - - - 16-May-20
2226 Siraj Mozumder SME Surveillance CRAB-SE 4 - - - 03-Oct-20
2227 Sitalpur Auto Steel Mills Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 25-Jan-20
2228 Sitalpur Steel Mills Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 25-Jan-20
2229 SK Enterprise SME Surveillance CRAB-SE 4 - - - 20-Jun-20
2230 SK Enterprise (IBBL) SME Surveillance CRAB-SE 3 - - - 28-May-20
2231 Sk Maa Knitwear SME Surveillance CRAB-SE 4 - - - 15-May-20
2232 SKN Traders SME Initial Rating CRAB-SE 4 - - - 06-Aug-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
43
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
2233 Sky Dragos Industries Ltd. Corporate Surveillance BBB3(Pr) - - - 31-Jul-20
2234 Sky Tracker Ltd. SME Initial Rating CRAB-SE 4 - - - 21-Aug-20
2235 Skylark Fashions SME Initial Rating CRAB-SE 3 - - - 30-Jan-20
2236 Skyline Apparels Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 30-Jun-20
2237 Skyline Garments Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 30-Jun-20
2238 Sobhan Ice & Clod Storage Ltd. Corporate Surveillance - A2(Lr) ST-3 - 30-Jun-20
2239 Society Aviation SME Surveillance CRAB-SE 4 - - - 10-May-20
2240 Soft Touch Bio Medics SME Surveillance CRAB-SE 3 - - - 29-Mar-20
2241 Sohan Traders SME Initial Rating CRAB-SE 4 - - - 13-Feb-20
2242 Sohel Auto Electric SME Initial Rating CRAB-SE 3 - - - 23-Dec-20
2243 Sohel Store SME Initial Rating CRAB-SE 3 - - - 30-Jan-20
2244 Sohel Trading SME Surveillance CRAB-SE 4 - - - 28-Feb-20
2245 Sohel Trading Corporation Ltd. Corporate Surveillance - A3(Lr) - - 07-Jun-20
2246 Solid Feeds Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 30-Jun-20
2247 Solid Flour Mills Ltd. SME Surveillance CRAB-SE 3 - - - 23-Aug-20
2248 Solmons Computer Sales & Service SME Initial Rating CRAB-SE 3 - - - 27-Nov-20
2249 Sonali Bricks & Co. SME Surveillance CRAB-SE 4 - - - 25-Jan-20
2250 Sonali Dredgers Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 28-Mar-20
2251 Sonali Enterprise & M/S Sonali Filling Station SME Initial Rating CRAB-SE 4 - - - 23-Oct-20
2252 Sonali Mansion SME Initial Rating CRAB-SE 3 - - - 20-Nov-20
2253 Sonali Ofset Printers SME Surveillance CRAB-SE 3 - - - 14-Mar-20
2254 Sonali Paper & Board Mills Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 31-Dec-20
2255 Sonali Paribahan Sangstha SME Surveillance CRAB-SE 3 - - - 12-Sep-20
2256 Sonali Traders SME Initial Rating CRAB-SE 3 - - - 23-Jun-20
2257 Sonapahar Filling Station SME Surveillance CRAB-ME 3 - - - 17-Aug-20
2258 Sonargaon Computer (SME) SME Initial Rating CRAB-SE 4 - - - 13-Feb-20
2259 Sonargaon Steel Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 30-Sep-20
2260 Sonda Cottage Industries SME Surveillance CRAB-SE 3 - - - 09-Sep-20
2261 Sonia Metal Industries SME Surveillance CRAB-SE 3 - - - 11-Sep-20
2262 Sonica Agri Foods Corporate Surveillance - BBB2(Lr) ST-3 - 30-Dec-20
2263 Sony Bricks & Co SME Surveillance CRAB-ME 3 - - - 13-Nov-20
2264 Sony Plastic Karkhana SME Initial Rating CRAB-SE 3 - - - 13-Mar-20
2265 Souda Enterprise SME Initial Rating CRAB-SE 4 - - - 28-Dec-20
2266 Soudia Polymer Industries SME Surveillance CRAB-SE 4 - - - 21-Nov-20
2267 South Eastern Tank Terminal Ltd. Corporate Surveillance - BB2(Lr) - - 29-Jun-20
2268 Southern Clothings Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 28-Dec-20
2269 Southern Services Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 28-Dec-20
2270 SP Fabrics SME Surveillance CRAB-SE 3 - - - 01-Feb-20
2271 SP Fashions Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 30-Sep-20
2272 Spacia Apparels Ltd. SME Surveillance CRAB-ME 5 - - - 29-Jun-20
2273 Spectra Dye-Chem (Pvt.) Ltd. SME Surveillance CRAB-SE 4 - - - 26-Sep-20
2274 Spectrum Technocracy SME Initial Rating CRAB-SE 3 - - - 19-Feb-20
2275 Speed Care Distribution Ltd. Corporate Surveillance BB1 BB1(Lr) ST-4 Stable 01-Jun-20
2276 Speedway Logistics SME Surveillance CRAB-ME 3 - - - 10-Jun-20
2277 Sports Bazar SME Surveillance CRAB-SE 3 - - - 23-Mar-20
2278 Spring Trade Ltd. Corporate Surveillance BBB3 - ST-3 Stable 27-Mar-20
2279 Srabon Fabrics SME Surveillance CRAB-SE 3 - - - 15-Aug-20
2280 Sree Guru Bastralay SME Initial Rating CRAB-SE 4 - - - 04-Dec-20
2281 SRP Sweaters Corporate Surveillance - - ST-3 - 31-May-20
2282 Standard Collection Manufacturing Co. SME Surveillance CRAB-SE 4 - - - 05-Mar-20
2283 Standard Engineers Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 29-Jun-20
2284 Standard Essential Company Ltd. SME Initial Rating CRAB-SE 4 - - - 06-Aug-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
44
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
2285 Standard Finis Oil Co. Corporate Surveillance - BBB1(Lr) ST-3 - 19-Sep-20
2286 Standard Group Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 23-Sep-20
2287 Standard Stitches Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable 30-Jun-20
2288 Star Adhesive Ltd. Corporate Surveillance - A2(Lr) ST-3 - 30-Dec-20
2289 Star Foam Industries Ltd. SME Surveillance CRAB-SE 3 - - - 13-Sep-20
2290 Star Line Auto Major Flour Mills Ltd. SME Initial Rating CRAB-ME 3 - - - 11-Sep-20
2291 Star Line Food Products Ltd. SME Initial Rating CRAB-ME 3 - - - 11-Sep-20
2292 Star Line Special Ltd. SME Initial Rating CRAB-ME 3 - - - 11-Sep-20
2293 Star Padding Industries Ltd. SME Surveillance CRAB-ME 2 - - - 14-Sep-20
2294 Star Partical Board Mills Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable 30-Jun-20
2295 Steel & Cement Corporation Corporate Surveillance - A3(Lr) ST-3 - 30-Oct-20
2296 Steel Home SME Surveillance CRAB-SE 3 - - - 01-Aug-20
2297 Steeltech Industries Ltd. Corporate Initial Rating A3 A3(Lr) ST-3 Stable 29-Jun-20
2298 Sterling Designs Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 05-Dec-20
2299 STS Holdings Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable 31-Mar-20
2300 Stylecraft Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 30-Sep-20
2301 Subarna Agro Food Products SME Initial Rating CRAB-ME 3 - - - 19-Feb-20
2302 Subarna Agro Food Products Unit-2 SME Initial Rating CRAB-ME 3 - - - 19-Feb-20
2303 Sufia Fabrics Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 29-Jun-20
2304 Sufia Traders SME Surveillance CRAB-SE 4 - - - 23-Mar-20
2305 Sujone Marine Enterprise SME Initial Rating CRAB-SE 3 - - - 23-Jan-20
2306 Sultan Motors Tailring SME Surveillance CRAB-SE 3 - - - 01-Mar-20
2307 Sultan Trading Co. SME Initial Rating CRAB-SE 3 - - - 30-Dec-20
2308 Sultana Traders SME Surveillance CRAB-SE 4 - - - 27-Jun-20
2309 Suma International Services SME Surveillance CRAB-SE 3 - - - 26-Sep-20
2310 Summit Alliance Port Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 27-Mar-20
2311 Sumon & Brothers SME Surveillance CRAB-SE 4 - - - 25-Oct-20
2312 Sumon & Nirob Auto Rice Mill SME Initial Rating CRAB-ME 3 - - - 15-May-20
2313 Sumon Traders SME Surveillance CRAB-SE 3 - - - 01-Mar-20
2314 Sunbeam Construction SME Surveillance CRAB-ME 3 - - - 30-Dec-20
2315 Sunbeams School Ltd. SME Surveillance CRAB-ME 3 - - - 27-Jun-20
2316 Sunbird Trading Company SME Initial Rating CRAB-SE 4 - - - 04-Sep-20
2317 Sundarban Industrial Complex Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Nov-20
2318 Sunil Store SME Initial Rating CRAB-SE 3 - - - 20-Nov-20
2319 Sunlite Trading and Services Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 16-Oct-20
2320 Sunnex Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-3 Stable 29-Jun-20
2321 Sunny Auto Rice Mill SME Initial Rating CRAB-SE 3 - - - 28-Dec-20
2322 Super Medical Hospital (Pvt.) Ltd. SME Surveillance CRAB-ME 3 - - - 28-Dec-20
2323 Super Power Pharmaceuticals Ltd. SME Surveillance CRAB-SE 4 - - - 14-Feb-20
2324 Super Sign Industries Electrical Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 12-Dec-20
2325 Supersign Electronics Industries Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-4 Stable 30-Dec-20
2326 Supreme Filling Station SME Surveillance CRAB-SE 2 - - - 18-Jul-20
2327 Surovi Partical Gallery SME Surveillance CRAB-SE 3 - - - 29-Mar-20
2328 Suzan Metal Industries SME Initial Rating CRAB-SE 3 - - - 12-Jun-20
2329 Swapan Enterprise SME Surveillance CRAB-SE 3 - - - 04-Sep-20
2330 Swapnil Enterprise SME Initial Rating CRAB-SE 4 - - - 02-Mar-20
2331 Swedish Motors Ltd. Corporate Surveillance - - ST-4 - 30-Mar-20
2332 Syed Imrul Sirajee SME Surveillance CRAB-SE 3 - - - 06-Jun-20
2333 Sylhet Printing & Packaging SME Initial Rating CRAB-SE 4 - - - 23-Dec-20
2334 Systems Solutions & Development Technologies Ltd. Corporate Surveillance A1 A1(Lr) ST-2 Stable 30-Nov-20
2335 T H Enterprise SME Initial Rating CRAB-ME 3 - - - 27-Nov-20
2336 Taha Enterprise SME Surveillance CRAB-SE 3 - - - 21-Dec-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
45
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
2337 Taher Enterprise SME Initial Rating CRAB-SE 3 - - - 17-Apr-20
2338 Taher Traders SME Initial Rating CRAB-SE 3 - - - 06-Aug-20
2339 Taher Uddin SME Initial Rating CRAB-SE 4 - - - 13-Nov-20
2340 Tahera Poultry SME Initial Rating CRAB-SE 4 - - - 10-Dec-20
2341 Tahmeena Enterprise SME Surveillance CRAB-ME 3 - - - 30-Sep-20
2342 Tahsin Agro SME Surveillance CRAB-SE 4 - - - 29-Aug-20
2343 Tahsin Enterprise SME Surveillance CRAB-SE 4 - - - 04-Sep-20
2344 Taimur Plastic Non Oven Fabrics SME Surveillance CRAB-SE 3 - - - 01-Mar-20
2345 Taj International Ltd. SME Surveillance CRAB-SE 4 - - - 19-Apr-20
2346 Tajkia Enterprise SME Surveillance CRAB-SE 3 - - - 19-Nov-20
2347 Tajmahal Traders SME Surveillance CRAB-SE 3 - - - 27-Sep-20
2348 Tajriyan Food & Beverages (Pvt.) Ltd. SME Surveillance CRAB-SE 3 - - - 18-Jul-20
2349 Takeout Ltd. SME Initial Rating CRAB-ME 3 - - - 23-Oct-20
2350 Talha Tex Pro Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 29-Sep-20
2351 Tallsman Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 15-Feb-20
2352 Tampaco Foils Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 04-Dec-20
2353 Tanayabi Enterprise Corporate Surveillance - BB1(Lr) - - 19-Feb-20
2354 Tangail Flour & Dall Mill SME Surveillance CRAB-SE 3 - - - 03-May-20
2355 Tania Agro Food Industries Corporate Surveillance - BBB3(Lr) ST-3 - 30-Dec-20
2356 Tania Enterprise SME Initial Rating CRAB-SE 3 - - - 27-Nov-20
2357 Tanima Knit Composite Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 31-Dec-19
2358 Tanisha Enterprise SME Surveillance CRAB-SE 4 - - - 27-Dec-20
2359 Tannima Enterprise SME Surveillance CRAB-SE 4 - - - 10-Jun-20
2360 Tarasima Apparels Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 31-Oct-20
2361 Taratex (BD) Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 06-Nov-20
2362 Tasfia Yarn Trading SME Surveillance CRAB-SE 3 - - - 14-Mar-20
2363 Taslim Enterprise SME Surveillance CRAB-SE 4 - - - 10-May-20
2364 Tawakkal Enterprise (Pvt.) Ltd. SME Surveillance CRAB-SE 3 - - - 27-Nov-20
2365 Tazrian Weaving Mills Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 31-Dec-20
2366 Tech Pro Tele Engineering SME Initial Rating CRAB-SE 4 - - - 23-Sep-20
2367 Techno Power Vision SME Initial Rating CRAB-SE 4 - - - 10-Apr-20
2368 Techsol Engineering Ltd. Corporate Initial Rating - BBB2(Lr) ST-3 - 01-May-20
2369 Tex Tailor Export (BD) Ltd. Corporate Surveillance - BBB3(Lr) ST-4 - 31-Dec-19
2370 Texmart Trading Co. Ltd. Corporate Surveillance - BBB2(Lr) - - 09-Mar-20
2371 Thai-Foils & Polymer Industries Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 31-Aug-20
2372 Thakral Information System Pvt. Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 27-Sep-20
2373 The Aristocrat Agro Ltd. Corporate Initial Rating B3 B3(Lr) - Stable 24-Jul-20
2374 The Aristocrat Airlines Ltd. Corporate Initial Rating B1(Pr) - - - 31-Jan-20
2375 The Aristocrat Builders Ltd. Corporate Initial Rating B3 B3(Lr) - Stable 24-Jul-20
2376 The Aristocrat Filling Ltd. Corporate Initial Rating B3 B3(Lr) - Stable 24-Jul-20
2377 The Aristocrat Foods Ltd. Corporate Initial Rating BB1 - - Stable 24-Jul-20
2378 The Aristocrat Non-Woven Industries Ltd. Corporate Initial Rating B3 B3(Lr) - Stable 24-Jul-20
2379 The Civil Engineers Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 23-Sep-20
2380 The Electric View and its sister concerns SME Initial Rating CRAB-SE 3 - - - 13-Nov-20
2381 The Fashion Island Ltd. Corporate Initial Rating BBB2 BBB2(Lr) ST-3 Stable 30-Dec-20
2382 The Genius Press and Publication SME Initial Rating CRAB-ME 3 - - - 28-Dec-20
2383 The Merchants Ltd. Corporate Initial Rating BBB1 BBB1(Lr) ST-3 Stable 27-Mar-20
2384 The Peninsula Chittagong Ltd. Corporate Surveillance AA3 - ST-1, ST-3 Stable 06-Nov-20
2385 The Pipeline Engineers & Associates Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable 08-Mar-20
2386 The Platinum Flour Mills SME Initial Rating CRAB-SE 3 - - - 30-Mar-20
2387 The Rose Dresses Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 31-Jan-20
2388 The Sages International Corporate Initial Rating - BB1(Lr) ST-4 - 30-Mar-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
46
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
2389 The Sylhet Tea Company Ltd. Corporate Initial Rating - BB3(Lr) ST-4 - 17-Dec-20
2390 Theme Engineers Ltd. SME Initial Rating CRAB-SE 3 - - - 13-Mar-20
2391 Thousand Smiles SME Initial Rating CRAB-SE 3 - - - 27-Nov-20
2392 Three R Agro Food and Beverage SME Initial Rating CRAB-SE 3 - - - 24-Jul-20
2393 Tiger IT Bangladesh Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 31-Dec-19
2394 Tiles View SME Surveillance CRAB-SE 3 - - - 14-Jun-20
2395 Tilottoma Lifestyle Ltd. SME Surveillance CRAB-SE 3 - - - 27-Sep-20
2396 Tilottoma Trade Center SME Surveillance CRAB-SE 3 - - - 27-Sep-20
2397 Tip Top Fashions Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Jun-20
2398 Tithi Textile Mills (Pvt) Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 30-Dec-20
2399 TNTS Enterprise Corporate Surveillance - BB2(Lr) - - 30-Jun-20
2400 Tofazzal Book House SME Initial Rating CRAB-SE 3 - - - 01-May-20
2401 Tofazzal Cosmetics & Gift Shop SME Initial Rating CRAB-SE 3 - - - 20-Nov-20
2402 Tofazzal Trade International SME Initial Rating CRAB-SE 4 - - - 01-May-20
2403 Toggi Services Ltd. Corporate Initial Rating BBB1 BBB1(Lr) ST-3 Stable 31-Jan-20
2404 Tohorul Traders SME Initial Rating CRAB-SE 4 - - - 30-Jan-20
2405 Toma Construction & Co. Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 31-Oct-20
2406 Tonmoy Traders Corporate Surveillance - BBB2(Lr) ST-3 - 05-Aug-20
2407 Top Jeans Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 09-Jul-20
2408 Top Muk Shoes SME Initial Rating CRAB-SE 3 - - - 22-May-20
2409 Torque Apparels Ltd. Corporate Initial Rating - BBB3(Lr) ST-3 - 11-Sep-20
2410 Trade International SME Surveillance CRAB-ME 3 - - - 11-Nov-20
2411 Trade International Industries Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 30-Dec-20
2412 Trade Logy Ltd. SME Surveillance CRAB-SE 4 - - - 29-Sep-20
2413 Trade Port SME Surveillance CRAB-SE 4 - - - 26-Dec-20
2414 Trade Power International SME Surveillance CRAB-SE 4 - - - 28-Feb-20
2415 Traders Hub SME Initial Rating CRAB-SE 3 - - - 06-Nov-20
2416 Traders Syndicate SME Surveillance CRAB-SE 3 - - - 29-Jun-20
2417 Transworld Sweaters Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 23-Sep-20
2418 Treat Point Limited Corporate Surveillance BBB3(pr) - - - 30-Jun-20
2419 Triple Apparels Ltd. Corporate Surveillance - A3(Lr) ST-3 - 31-Jan-20
2420 TS Transformer Ltd. Corporate Initial Rating A3 A3(Lr) ST-3 Stable 01-May-20
2421 TSCO Power Ltd. Corporate Initial Rating BBB1 BBB1(Lr) ST-3 Stable 15-May-20
2422 Tuha Enterprise SME Surveillance CRAB-SE 3 - - - 26-Apr-20
2423 Tuhin Textile SME Initial Rating CRAB-SE 3 - - - 15-May-20
2424 Turjo Enterprise SME Initial Rating CRAB-SE 4 - - - 06-Feb-20
2425 Tushar Metal Industries SME Initial Rating CRAB-SE 4 - - - 30-Jan-20
2426 Tusuka Apparels Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 22-Apr-20
2427 Tusuka Denim Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 22-Apr-20
2428 Tusuka Fashions Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 22-Apr-20
2429 Tusuka Jeans Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 22-Apr-20
2430 Tusuka Washing Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 22-Apr-20
2431 Twin Traders SME Initial Rating CRAB-SE 3 - - - 06-Aug-20
2432 TY Traders Corporate Surveillance - BBB3(Lr) - - 15-Nov-20
2433 U F M (BD) Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 05-Dec-20
2434 U I C SME Surveillance CRAB-SE 3 - - - 20-Jun-20
2435 Ultimate Fashions Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 04-Apr-20
2436 Unicom Textile Mills Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 11-Jun-20
2437 Unifill Composite Dyeing Mills Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-4 Stable 29-Jun-20
2438 Uniform Textile Ltd. Corporate Initial Rating BBB2 BBB2(Lr) ST-1, ST-3 Stable 20-Mar-20
2439 Unilliance Textiles Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable 30-Jan-20
2440 Unimex Textile Mills Ltd. Corporate Surveillance - BB2(Lr) ST-4 - 30-Sep-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
47
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
2441 Union Agro Industries SME Surveillance CRAB-SE 3 - - - 17-Oct-20
2442 Union BD Consumer Ltd. SME Surveillance CRAB-SE 3 - - - 15-Apr-20
2443 Unique Enterprise SME Surveillance CRAB-SE 5 - - - 01-Feb-20
2444 Unique Footwear Industries Corporate Surveillance - BBB2(Lr) ST-3 - 30-Jun-20
2445 Unique Meghnaghat Power Ltd. Corporate Surveillance A3(Pr) - - - 31-Jan-20
2446 Unison Homoeo Laboratories SME Surveillance CRAB-ME 3 - - - 09-Mar-20
2447 United Anwara Power Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 20-Mar-20
2448 United Traders Corporate Surveillance - AA3(Lr) ST-2 - 28-Mar-20
2449 Unity Accessories (Pvt.) Ltd. SME Surveillance CRAB-ME 3 - - - 20-Sep-20
2450 Universal Agency SME Initial Rating CRAB-ME 3 - - - 30-Dec-20
2451 Universal Denims Ltd. Corporate Surveillance BBB3(Pr) - - - 30-Jun-20
2452 Universal Engineering SME Surveillance CRAB-ME 4 - - - 01-Aug-20
2453 Universal Enterprise SME Surveillance CRAB-SE 3 - - - 01-Aug-20
2454 Universal Gas & Gas Cylinder Ltd. Corporate Initial Rating - BBB2(Lr) ST-3 - 30-Dec-20
2455 Universal Menswear Ltd. (Surveillance) Corporate Surveillance AA3 AA3(Lr) ST-3 Stable 14-Jan-20
2456 Universal Power Ltd. SME Initial Rating CRAB-ME 3 - - - 17-Apr-20
2457 Universal Sweater Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 10-Aug-20
2458 Universal Textile Machinery & Parts Ltd. SME Surveillance CRAB-SE 4 - - - 06-Mar-20
2459 Update Care Hospital SME Initial Rating CRAB-SE 3 - - - 19-Feb-20
2460 Uposham SME Initial Rating CRAB-SE 4 - - - 28-Dec-20
2461 Urmi Sormi Weaving Factory SME Initial Rating CRAB-ME 3 - - - 23-Sep-20
2462 US Energy And Power (Pvt) Ltd. Corporate Initial Rating - BBB2(Lr) ST-3 - 30-Dec-20
2463 USA Agro and Auto Bricks Ltd. Corporate Surveillance BBB3(Pr) - - - 31-Dec-19
2464 Usha Construction SME Surveillance CRAB-ME 3 - - - 14-Nov-20
2465 Usha Silk Printing & Weaving Factory SME Initial Rating CRAB-SE 3 - - - 23-Jan-20
2466 Uttara University Corporate Surveillance - BBB1(Lr) ST-1 - 17-Nov-20
2467 Uzzal Enterprise SME Surveillance CRAB-SE 3 - - - 06-Mar-20
2468 Uzzal Traders SME Surveillance CRAB-SE 4 - - - 21-Mar-20
2469 Vai Vai Oil Mills SME Surveillance CRAB-SE 4 - - - 26-Sep-20
2470 Vai Vai Steel King SME Surveillance CRAB-SE 4 - - - 31-Oct-20
2471 Vai Vai Traders (IBBL_Bogura) SME Surveillance CRAB-SE 4 - - - 07-Mar-20
2472 Vai Vai Traders (Naogaon) SME Initial Rating CRAB-SE 4 - - - 23-Jan-20
2473 Vandari Chaul Kol SME Surveillance CRAB-SE 3 - - - 01-Aug-20
2474 Vandary Auto Rice Mill SME Surveillance CRAB-SE 5 - - - 20-Dec-20
2475 VAST Bangladesh SME Initial Rating CRAB-SE 3 - - - 06-Nov-20
2476 Venus Glass Ltd. SME Initial Rating CRAB-SE 3 - - - 28-Jun-20
2477 Venus Telecom Ltd. SME Surveillance CRAB-ME 3 - - - 21-Jul-20
2478 Versatile Textiles Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-4 Stable 30-Mar-20
2479 Vertex Traders SME Initial Rating CRAB-SE 4 - - - 17-Dec-20
2480 Victor Feeds Ltd. SME Surveillance CRAB-SE 3 - - - 11-Sep-20
2481 VIP Auto Flour Mill Corporate Initial Rating - BBB3(Lr) ST-3 - 06-Feb-20
2482 VIP Electronics SME Initial Rating CRAB-SE 4 - - - 31-Jul-20
2483 VIP Store SME Surveillance CRAB-SE 3 - - - 29-Dec-20
2484 Virgo Shipping Line Ltd. SME Initial Rating CRAB-SE 3 - - - 23-Sep-20
2485 Vision JIT Enterprise Corporate Initial Rating - BBB3(Lr) ST-4 - 28-Jun-20
2486 Vitalac Dairy & Food Industries Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 28-Dec-20
2487 Voltex Battery Manufacturing Com. Ltd. SME Surveillance CRAB-ME 3 - - - 17-Apr-20
2488 Von Dutch SME Initial Rating CRAB-SE 3 - - - 30-Oct-20
2489 VOTT Oil Refineries Ltd. Corporate Surveillance AAA AAA(Lr) ST-1 Stable 31-Dec-20
2490 W Apparels SME Initial Rating CRAB-SE 3 - - - 30-Dec-20
2491 W H Trims & Packaging Industries Ltd. Corporate Surveillance - BBB3(Lr) - - 30-Jun-20
2492 Wahidul Islam Enterprise SME Surveillance CRAB-SE 3 - - - 19-Sep-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
48
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
2493 Walford International and its sister concern Maisha EnterpriseSME Initial Rating CRAB-SE 4 - - - 08-May-20
2494 Wasco Biscuit & Bread Factory Corporate Surveillance - BBB1(Lr) - - 15-Dec-20
2495 Wasi Trade International SME Surveillance CRAB-ME 3 - - - 15-Sep-20
2496 Wave Jute Mills Ltd. SME Surveillance CRAB-ME 3 - - - 29-Jun-20
2497 Wear Mag Ltd. Corporate Surveillance AA2 AA2(Lr) ST-3 Stable 30-Jun-20
2498 Well Accessories Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 29-Jun-20
2499 Well Designers Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 19-Mar-20
2500 Well Distribution And Marketing Company Ltd. Corporate Initial Rating - BBB3(Lr) ST-3 - 08-May-20
2501 Well Dresses Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 15-Mar-20
2502 Well Fabrics Corporate Surveillance - BBB3(Lr) ST-3 - 29-Jun-20
2503 Well Fashion Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 26-Mar-20
2504 Well Food & Beverage Company Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 12-Dec-20
2505 Well Foods Ltd Corporate Surveillance A3 A3(Lr) ST-3 Stable 15-Sep-20
2506 Well Mart Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 13-Mar-20
2507 Well Step Shoes SME Surveillance CRAB-SE 4 - - - 10-May-20
2508 Well Trade Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 15-Mar-20
2509 Western Electronics Ind. Syndicate Ltd. Corporate Surveillance - BBB3(Lr) ST-4 - 07-Nov-20
2510 Western Marine Services Ltd. Corporate Surveillance - BBB3(Lr) ST-4 - 15-Dec-20
2511 William Agencies Corporate Surveillance - - ST-3 - 11-May-20
2512 Wilts Marketing Co. Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 28-Aug-20
2513 Win East Paper Trading SME Surveillance CRAB-SE 3 - - - 08-Nov-20
2514 Wohab Traders & Zahid Biz Vander SME Surveillance CRAB-SE 3 - - - 23-Nov-20
2515 Woodland Development Ltd. SME Initial Rating CRAB-ME 4 - - - 30-Dec-20
2516 World Book Distribution Center Corporate Surveillance - BBB1(Lr) ST-3 - 28-May-20
2517 X Ceramics Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 31-Dec-20
2518 Xclusive Can Ltd. Corporate Surveillance - BBB1(Lr) ST-3 - 10-Aug-20
2519 XEBEC Trade International & it’s Sister Concern Corporate Initial Rating - BBB3(Lr) ST-3 - 27-Mar-20
2520 Xenesis Innovations Ltd. SME Initial Rating CRAB-SE 4 - - - 29-Jun-20
2521 Xylia Developers SME Initial Rating CRAB-SE 4 - - - 20-Mar-20
2522 Y S Shipping Lines Corporate Initial Rating - BBB3(Lr) - - 06-Feb-20
2523 Yeamin Motors and Variety Store SME Initial Rating CRAB-SE 4 - - - 23-Oct-20
2524 Yeasin Electronics & Its sister concern Century Trade InternationalSME Surveillance CRAB-SE 3 - - - 30-Jun-20
2525 Yosuf Store SME Initial Rating CRAB-SE 4 - - - 23-Dec-20
2526 Young Fashion SME Initial Rating CRAB-SE 3 - - - 28-Dec-20
2527 Youngones (Bangladesh) Ltd. Unit-II Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 31-Dec-19
2528 Younus Cold Storage Ltd. Corporate Surveillance - A2(Lr) ST-3 - 30-Jun-20
2529 Younus Fine Paper Mills Ltd. Corporate Surveillance - AA3(Lr) ST-2 - 31-Dec-20
2530 Younus Newsprint Mill Ltd. Corporate Surveillance - A1(Lr) ST-3 - 30-Jun-20
2531 Younus Offset Paper Mills Ltd. Corporate Surveillance - AA3(Lr) ST-2 - 31-Dec-20
2532 Younus Paper Mills Ltd. Corporate Surveillance - A1(Lr) ST-3 - 30-Jun-20
2533 Younus Specialized Cold Storage Ltd. Corporate Surveillance - A2(Lr) ST-3 - 30-Jun-20
2534 Younus Spinning Mills Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 31-Dec-20
2535 Your Fashion Sweater Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 23-Sep-20
2536 Yousuf & Sons SME Surveillance CRAB-SE 3 - - - 23-Aug-20
2537 Z H Agro Park SME Initial Rating CRAB-SE 3 - - - 30-Dec-20
2538 Zaber & Brothers SME Initial Rating CRAB-SE 3 - - - 17-Dec-20
2539 Zahed Traders SME Surveillance CRAB-SE 3 - - - 01-Aug-20
2540 Zahir Steel & Re-rollong Mills Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 05-Sep-20
2541 Zahir uddin Motsho Khamar SME Initial Rating CRAB-SE 4 - - - 06-Nov-20
2542 Zakir & Sons SME Initial Rating CRAB-SE 3 - - - 10-Dec-20
2543 Zakir Enterprise Corporate Surveillance - BBB3(Lr) ST-4 - 18-Apr-20
2544 Zakir Food Products and SIster Concern Noor Food product SME Initial Rating CRAB-SE 3 - - - 10-Dec-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
49
Rating Update -December 2019 (Update up to 31 December 2019)
Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)
Firm TypeRating Long Term Short Term* Outlook Validity**
2545 Zakmars Fashion Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 29-Dec-20
2546 Zam Zam Rice Agency SME Surveillance CRAB-ME 3 - - - 30-Dec-20
2547 Zaman Enterprise SME Initial Rating CRAB-ME 3 - - - 27-Nov-20
2548 Zaman Traders SME Surveillance CRAB-ME 2 - - - 02-Oct-20
2549 Zamson & Company SME Initial Rating CRAB-SE 2 - - - 10-Apr-20
2550 Zannat Motors SME Initial Rating CRAB-SE 4 - - - 28-May-20
2551 Zannath Metal Industries ( Pvt) Ltd & Its Sister Concern Zannath Polymer & Packaging ( Pvt ) Ltd & Zannath EnterpriseSME Initial Rating CRAB-SE 3 - - - 21-Aug-20
2552 Zara Zaman Technology SME Surveillance CRAB-SE 2 - - - 31-Jan-20
2553 Zareen Farms Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-3 Stable 06-Aug-20
2554 Zareen Plantation Ltd. Corporate Surveillance A3 A3(Lr) ST-2 Stable 15-Dec-20
2555 Zehas Enterprise SME Surveillance CRAB-SE 3 - - - 17-May-20
2556 Zeil Wears Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-1, ST-4 Stable 05-Dec-20
2557 Zenith Spinning Mills Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 31-Dec-20
2558 Zia Enterprise SME Surveillance CRAB-SE 3 - - - 29-Sep-20
2559 Zillu Motors SME Surveillance CRAB-SE 3 - - - 03-Feb-20
2560 Zim Enterprise Ltd. and it’s sister concern Mamun StationarySME Initial Rating CRAB-SE 3 - - - 02-Mar-20
2561 Ziri Subedar Steel Re-Rolling Mills Corporate Surveillance - BBB3(Lr) ST-3 - 10-Nov-20
2562 Ziska Pharmaceuticals Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 31-Dec-19
2563 ZK Foils Ltd. Corporate Surveillance - BBB1(Lr) ST-3 - 08-Nov-20
2564 ZMS Steel SME Surveillance CRAB-SE 4 - - - 03-May-20
2565 Zohura Agriculture Industries & Auto Rice Mills (Pvt.) Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 04-Dec-20
2566 ZRB Distribution SME Initial Rating CRAB-SE 3 - - - 24-Jul-20
2567 Zubair & Brothers SME Surveillance CRAB-SE 3 - - - 24-Jan-20
2568 Zubair Vision Electronics SME Surveillance CRAB-SE 4 - - - 14-Mar-20
2569 Zulfiquer Enterprise SME Surveillance CRAB-ME 3 - - - 14-Dec-20
2570 Zulfiquer Enterprise SME Surveillance CRAB-ME 3 - - - 14-Dec-20
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation, Dr-Debenture Rating
* Short Term loans include both funded and non-funded limits.
*** Rating completed but unpublished, as client has not yet collected the report.
For any clarification please contact:
H S Sohrawardhi, Company Secretary & Executive Vice PresidentCell: 01713 032807, E-mail: [email protected]
Ehsanul Kabir, SVP & Head of RatingsCell: 01715 064775, E-mail: [email protected]
Sanjay Kanti Das, First Assistant Vice President, Rating AdministrationCell: 01712-887456, E-mail: [email protected]
** Entity ratings are valid till mentioned date; Loan ratings are valid up to limit expiry date of respective credit facilities or till mentioned date, whichever is earlier.
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,
50