50
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 Type Rating Long Term Short Term* Outlook Validity** Corporate and SME 1 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 BBB 1 BBB 1 (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 - BB 1 (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 BBB 3 (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 BBB 3 BBB 3 (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 A 3 A 3 (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 - BBB 3 (Lr) - - 31-May-20 27 AA Synthetic Fibers Mills Ltd. Corporate Surveillance A 3 A 3 (Lr) ST-3 Stable 31-Dec-20 28 AAA High Tech Industries Ltd. Corporate Initial Rating BBB 2 (pr) - - - 30-Jun-20 29 AAA Stone Tech Limited Corporate Initial Rating - BBB 3 (Lr) ST-3 - 28-May-20 30 AB & Brothers SME Surveillance CRAB-SE 4 - - - 27-Mar-20 31 AB Ceramic Industries Corporate Initial Rating - BBB 1 (Lr) ST-3 - 23-Dec-20 32 AB Glass Industries Corporate Initial Rating - BBB 1 (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 - BBB 3 (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

Corporate and SME · 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

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Page 1: Corporate and SME · 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

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

Page 2: Corporate and SME · 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

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

Page 3: Corporate and SME · 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

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

Page 4: Corporate and SME · 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

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

Page 5: Corporate and SME · 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

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

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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**

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

Page 7: Corporate and SME · 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

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

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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**

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

Page 9: Corporate and SME · 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

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

Page 10: Corporate and SME · 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

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

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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**

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

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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**

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

Page 13: Corporate and SME · 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

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

Page 14: Corporate and SME · 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

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

Page 15: Corporate and SME · 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

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

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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**

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

Page 17: Corporate and SME · 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

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

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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**

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

Page 19: Corporate and SME · 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

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

Page 20: Corporate and SME · 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

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

Page 21: Corporate and SME · 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

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

Page 22: Corporate and SME · 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

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

Page 23: Corporate and SME · 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

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

Page 24: Corporate and SME · 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

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

Page 25: Corporate and SME · 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

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

Page 26: Corporate and SME · 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

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

Page 27: Corporate and SME · 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

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

Page 28: Corporate and SME · 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

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

Page 29: Corporate and SME · 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

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

Page 30: Corporate and SME · 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

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

Page 31: Corporate and SME · 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

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

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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**

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

Page 33: Corporate and SME · 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

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

Page 34: Corporate and SME · 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

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

Page 35: Corporate and SME · 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

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

Page 36: Corporate and SME · 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

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

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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**

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

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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**

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

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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**

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

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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**

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

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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**

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

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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**

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

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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**

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

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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**

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

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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**

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

Page 46: Corporate and SME · 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

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

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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**

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

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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**

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

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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**

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

Page 50: Corporate and SME · 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

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