rating update -june 2019 (update up to 30 june 2019) · 2019. 7. 24. · rating update -june 2019...

54
Rating Update -June 2019 (Update up to 30 June 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-19 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 and B Bricks SME Initial Rating CRAB-SE 4 - - - 10-Oct-19 6 A B M Enterprise SME Initial Rating CRAB-SE 4 - - - 10-Oct-19 7 A D Sons Marine Tech SME Initial Rating CRAB-SE 3 - - - 06-Mar-20 8 A H Corporation SME Initial Rating CRAB-SE 3 - - - 24-Apr-20 9 A H Khan & Co Corporate Surveillance - BBB 1 (Lr) ST-1 - 26-Dec-19 10 A H Trading Corporation SME Initial Rating CRAB-SE 3 - - - 26-Sep-19 11 A J C Poultry & Agrovet SME Initial Rating CRAB-ME 4 - - - 06-Feb-20 12 A K Shoes SME Surveillance CRAB-SE 3 - - - 20-Dec-19 13 A Kashem Timber & Sawmill SME Surveillance CRAB-ME 3 - - - 14-Dec-19 14 A Khayer Auto Rice Mill Corporate Surveillance BBB 3 (Pr)/CRAB-SE - - - 31-Oct-19 15 A M Cold Storage Ltd. Corporate Surveillance A 3 A 3 (Lr) ST-3 Stable 31-Oct-19 16 A M I And Company SME Surveillance CRAB-ME 2 - - - 22-Feb-20 17 A M pack Ltd. SME Surveillance CRAB-ME 4 - - - 28-Dec-19 18 A One (BD) Ltd. Corporate Surveillance BBB 3 BBB 3 (Lr) ST-4 Stable 30-Jun-20 19 A parvez Chowdhury SME Surveillance CRAB-SE 4 - - - 13-Sep-19 20 A R Embroidery & Design Ltd. SME Initial Rating CRAB-SE 4 - - - 12-Sep-19 21 A R Trading SME Initial Rating CRAB-SE 4 - - - 23-Jun-20 22 A Rahman & Brothers SME Initial Rating CRAB-SE 3 - - - 23-Jun-20 23 A Roshid Auto SME Initial Rating CRAB-SE 3 - - - 22-May-20 24 A S Enterprise SME Surveillance CRAB-ME 2 - - - 23-Dec-19 25 A Tex International Ltd. Corporate Surveillance A 3 A 3 (Lr) ST-3 Stable 10-May-20 26 A Z Leather -1 (SME) SME Initial Rating CRAB-SE 4 - - - 13-Jan-20 27 AA Knitspin Limited Corporate Surveillance - BBB 3 (Lr) - - 31-May-20 28 AA Synthetic Fibers Mills Ltd. Corporate Surveillance - BBB 1 (Lr) ST-3 - 31-Dec-19 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 Abashik Bastraloy and Afzal Shoe Store SME Surveillance CRAB-SE 3 - - - 01-May-20 32 Abbas Shopping Complex SME Surveillance CRAB-SE 3 - - - 26-Dec-19 33 Abbas Steel House SME Surveillance CRAB-ME 2 - - - 30-Jun-20 34 ABC Glass SME Initial Rating CRAB-SE 3 - - - 29-Jun-20 35 ABC Leather SME Surveillance CRAB-SE 3 - - - 19-Jul-19 36 Abdul Ali Filling Station SME Surveillance CRAB-SE 4 - - - 31-Aug-19 37 Abdul Awal Corporate Initial Rating - - ST-3 - 05-Dec-19 38 Abdul Barek Traders SME Surveillance CRAB-SE 3 - - - 27-Oct-19 Lr-Loan rating, Pr-Project rating, SO-Structured Obligation, Dr-Debenture Rating * Short Term loans include both funded and non-funded limits. 39 Abdul Sukkur Corporate Initial Rating - - ST-3 - 30-Jan-20 40 Abdullah and Sons SME Surveillance CRAB-SE 3 - - - 23-May-20 41 Abdullah Rice Mill Corporate Surveillance - BBB 3 (Lr) ST-3 - 06-Jul-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

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Page 1: Rating Update -June 2019 (Update up to 30 June 2019) · 2019. 7. 24. · Rating Update -June 2019 (Update up to 30 June 2019) Sl No. Name of Client/Company Company/ Rating Type Entity

Rating Update -June 2019 (Update up to 30 June 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-19

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 and B Bricks SME Initial Rating CRAB-SE 4 - - - 10-Oct-19

6 A B M Enterprise SME Initial Rating CRAB-SE 4 - - - 10-Oct-19

7 A D Sons Marine Tech SME Initial Rating CRAB-SE 3 - - - 06-Mar-20

8 A H Corporation SME Initial Rating CRAB-SE 3 - - - 24-Apr-20

9 A H Khan & Co Corporate Surveillance - BBB1(Lr) ST-1 - 26-Dec-19

10 A H Trading Corporation SME Initial Rating CRAB-SE 3 - - - 26-Sep-19

11 A J C Poultry & Agrovet SME Initial Rating CRAB-ME 4 - - - 06-Feb-20

12 A K Shoes SME Surveillance CRAB-SE 3 - - - 20-Dec-19

13 A Kashem Timber & Sawmill SME Surveillance CRAB-ME 3 - - - 14-Dec-19

14 A Khayer Auto Rice Mill Corporate Surveillance BBB3(Pr)/CRAB-SE 3- - - 31-Oct-19

15 A M Cold Storage Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 31-Oct-19

16 A M I And Company SME Surveillance CRAB-ME 2 - - - 22-Feb-20

17 A M pack Ltd. SME Surveillance CRAB-ME 4 - - - 28-Dec-19

18 A One (BD) Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable 30-Jun-20

19 A parvez Chowdhury SME Surveillance CRAB-SE 4 - - - 13-Sep-19

20 A R Embroidery & Design Ltd. SME Initial Rating CRAB-SE 4 - - - 12-Sep-19

21 A R Trading SME Initial Rating CRAB-SE 4 - - - 23-Jun-20

22 A Rahman & Brothers SME Initial Rating CRAB-SE 3 - - - 23-Jun-20

23 A Roshid Auto SME Initial Rating CRAB-SE 3 - - - 22-May-20

24 A S Enterprise SME Surveillance CRAB-ME 2 - - - 23-Dec-19

25 A Tex International Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 10-May-20

26 A Z Leather -1 (SME) SME Initial Rating CRAB-SE 4 - - - 13-Jan-20

27 AA Knitspin Limited Corporate Surveillance - BBB3(Lr) - - 31-May-20

28 AA Synthetic Fibers Mills Ltd. Corporate Surveillance - BBB1(Lr) ST-3 - 31-Dec-19

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 Abashik Bastraloy and Afzal Shoe Store SME Surveillance CRAB-SE 3 - - - 01-May-20

32 Abbas Shopping Complex SME Surveillance CRAB-SE 3 - - - 26-Dec-19

33 Abbas Steel House SME Surveillance CRAB-ME 2 - - - 30-Jun-20

34 ABC Glass SME Initial Rating CRAB-SE 3 - - - 29-Jun-20

35 ABC Leather SME Surveillance CRAB-SE 3 - - - 19-Jul-19

36 Abdul Ali Filling Station SME Surveillance CRAB-SE 4 - - - 31-Aug-19

37 Abdul Awal Corporate Initial Rating - - ST-3 - 05-Dec-19

38 Abdul Barek Traders SME Surveillance CRAB-SE 3 - - - 27-Oct-19

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation, Dr-Debenture Rating

* Short Term loans include both funded and non-funded limits.

39 Abdul Sukkur Corporate Initial Rating - - ST-3 - 30-Jan-20

40 Abdullah and Sons SME Surveillance CRAB-SE 3 - - - 23-May-20

41 Abdullah Rice Mill Corporate Surveillance - BBB3(Lr) ST-3 - 06-Jul-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: Rating Update -June 2019 (Update up to 30 June 2019) · 2019. 7. 24. · Rating Update -June 2019 (Update up to 30 June 2019) Sl No. Name of Client/Company Company/ Rating Type Entity

Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

42 Abdullah Store SME Initial Rating CRAB-SE 4 - - - 28-May-20

43 Abdullah Traders SME Initial Rating CRAB-SE 4 - - - 28-Jun-20

44 Abdur Razzak and Sons and Motsho Khamar SME Initial Rating CRAB-SE 4 - - - 23-Jan-20

45 Abdur Razzaque SME Initial Rating CRAB-SE 4 - - - 13-Mar-20

46 Abdus Samad SME Initial Rating CRAB-ME 3 - - - 15-Aug-19

47 Abid Enterprise SME Surveillance CRAB-SE 4 - - - 26-Jul-19

48 Abir Paribahan Sangstha Corporate Surveillance - - ST-3 - 30-Jun-20

49 Abrar Traders SME Surveillance CRAB-SE 4 - - - 15-Nov-19

50 Absolute Quality Wear Ltd. Corporate Initial Rating BBB1 BBB1(Lr) ST-4 Stable 05-Sep-19

51 Abu Toiyab Enterprise SME Surveillance CRAB-SE 3 - - - 03-Jul-19

52 Abul Hasan Enterprise SME Surveillance CRAB-SE 3 - - - 11-Sep-19

53 Abul Khair Ceramic Industries Ltd. Corporate Surveillance A1 A1(Lr) ST-2 Stable 30-Sep-19

54 Abul Khair Limited Corporate Surveillance AA1 AA1(Lr) ST-1 Stable 30-Jun-20

55 Abul Khair Steel Products Ltd. Corporate Surveillance AA1 AA1(Lr) ST-1 Stable 30-Jun-20

56 Access Trade International SME Initial Rating CRAB-SE 4 - - - 10-Oct-19

57 Acme Traders SME Surveillance CRAB-SE 3 - - - 06-May-20

58 Adams Garments Ltd. Corporate Surveillance - BBB3(Lr) - - 07-Dec-19

59 Adarsha Agro International SME Surveillance CRAB-SE 4 - - - 23-May-20

60 Adex Corporation Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable 30-Sep-19

61 Adex Engineering Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable 30-Sep-19

62 Adhunik Poshak Shilpa Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 30-Jun-20

63 Adoria Services SME Initial Rating CRAB-SE 4 - - - 28-Jun-20

64 Advance Animal Science Co. Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 30-Jun-20

65 Aegis Cotton Mills Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 15-Feb-20

66 Aegis Spinning Mills Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 15-Feb-20

67 Aftab Automobiles Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 28-Feb-20

68 Afzal Traders SME Surveillance CRAB-SE 3 - - - 30-Dec-19

69 Aghraz Trading SME Surveillance CRAB-ME 3 - - - 29-Sep-19

70 Agradoot Traders Ltd. SME Initial Rating CRAB-SE 3 - - - 12-Sep-19

71 Agrocare Ltd. SME Initial Rating CRAB-SE 4 - - - 19-Feb-20

72 Agrotech Feeds Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 15-Feb-20

73 Ahad Traders SME Surveillance CRAB-SE 4 - - - 25-Jan-20

74 Ahammad Cycle Store SME Surveillance CRAB-ME 3 - - - 13-Aug-19

75 Ahammed Traders SME Surveillance CRAB-SE 4 - - - 07-Mar-20

76 Ahanaf Fabrics SME Surveillance CRAB-SE 4 - - - 31-Aug-19

77 Ahmed Enterprise SME Initial Rating CRAB-SE 3 - - - 29-Jun-20

78 Ahmedia Apartment & Developers Ltd. Corporate Surveillance BB2 BB2(Lr) - Stable 27-Sep-19

79 Ahmedia Enterprise Corporate Surveillance - BBB3(Lr) ST-3 - 29-Sep-19

80 AHS Enterprise SME Surveillance CRAB-SE 4 - - - 27-Sep-19

81 Air Galaxy Ltd. Corporate Surveillance - A3(Lr) ST-3 - 30-Sep-19

82 AITCO SME Surveillance CRAB-SE 4 - - - 26-Apr-20

83 AJ Fashions Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 20-Sep-19

84 Akanda Traders SME Initial Rating CRAB-SE 3 - - - 18-Jun-20

85 Akando Traders SME Initial Rating CRAB-SE 4 - - - 30-Dec-19

86 Akata Container Carrier Service SME Surveillance CRAB-ME 3 - - - 01-Aug-19

87 Akbar Library SME Initial Rating CRAB-SE 4 - - - 30-Dec-19

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

2

Page 3: Rating Update -June 2019 (Update up to 30 June 2019) · 2019. 7. 24. · Rating Update -June 2019 (Update up to 30 June 2019) Sl No. Name of Client/Company Company/ Rating Type Entity

Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

88 Akco Industries and Cold Storage Ltd. Corporate Surveillance - A2(Lr) ST-2 - 30-Jun-20

89 Akhi Enterprise SME Initial Rating CRAB-SE 4 - - - 14-Nov-19

90 Akhi International SME Initial Rating CRAB-ME 3 - - - 26-Jun-20

91 Akhond Textile Ltd. SME Surveillance CRAB-SE 3 - - - 30-Dec-19

92 Akkas Construction SME Surveillance CRAB-SE 3 - - - 18-Jan-20

93 Akota Traders and its sister concern SME Surveillance CRAB-SE 4 - - - 16-May-20

94 Aktar Textile SME Surveillance CRAB-SE 4 - - - 28-Dec-19

95 Al Amin Banijjalay SME Surveillance CRAB-SE 4 - - - 20-Dec-19

96 Al Amin Brick Fields SME Initial Rating CRAB-SE 4 - - - 24-Oct-19

97 Al Amin Enterprise (Dhaka) SME Initial Rating CRAB-SE 3 - - - 12-Sep-19

98 Al Amin Fish SME Initial Rating CRAB-SE 4 - - - 25-Jul-19

99 Al Amin Marine Engineering Works SME Surveillance CRAB-SE 4 - - - 20-Jun-20

100 Al Amin Plywood Industries Ltd. Corporate Surveillance BB3 BB3(Lr) ST-4 Stable 30-Dec-19

101 Al Amin Steel SME Surveillance CRAB-SE 4 - - - 20-Jul-19

102 Al Amin textile SME Surveillance CRAB-SE 4 - - - 29-Jun-20

103 Al Amin textile (Premier Bank) SME Surveillance CRAB-ME 3 - - - 13-Sep-19

104 Al Barakah Enterprise SME Initial Rating CRAB-SE 3 - - - 24-Apr-20

105 AL Hamra International Corporate Initial Rating - BBB1(Lr) - - 26-Jun-20

106 Al Madina Enterprise SME Initial Rating CRAB-SE 3 - - - 26-Dec-19

107 Al Madina Steel SME Initial Rating CRAB-SE 3 - - - 02-Aug-19

108 Al Mina Textile Ltd. SME Surveillance CRAB-SE 4 - - - 22-Nov-19

109 Al Mostafa Printing & Packaging Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Nov-19

110 Al Noor Steel Complex Ltd. Corporate Surveillance - A2(Lr) ST-3 - 30-Oct-19

111 Al Tech Aluminium Industries Ltd. Corporate Initial Rating A3 A3(Lr) ST-3 Stable 30-Jan-20

112 Alam & Brothers SME Initial Rating sme3 - - - 30-Jan-20

113 Alam & Brothers (SME) SME Initial Rating CRAB-SE 4 - - - 30-Jan-20

114 Alam & Co. Corporate Surveillance - BB1(Lr) ST-3 - 21-Mar-20

115 Alam Bricks Manufacturing SME Surveillance CRAB-SE 4 - - - 15-Dec-19

116 Alam Enterprise SME Surveillance CRAB-SE 3 - - - 22-Nov-19

117 Alam Filling Station SME Initial Rating CRAB-SE 3 - - - 28-May-20

118 Alam Traders SME Initial Rating CRAB-SE 3 - - - 13-Mar-20

119 Alam Trading Corporation Corporate Surveillance - BBB2(Lr) ST-3 - 21-Mar-20

120 Alauddin Traders SME Surveillance CRAB-SE 4 - - - 27-Jun-20

121 Alauddin Traders SME Initial Rating CRAB-SE 4 - - - 01-Aug-19

122 Albatross Technologies Ltd. Corporate Initial Rating BBB3 - - Stable 25-Jul-19

123 ALEMA Textiles Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 30-Jun-20

124 Alfis Limited Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 31-Dec-19

125 Alhaj Abul Kashem Himagar Ltd. SME Initial Rating CRAB-SE 3 - - - 22-May-20

126 Alhaj Abul Kashem Sowdagor SME Surveillance CRAB-SE 3 - - - 23-Aug-19

127 Alhaz Ariz Enterprise SME Surveillance CRAB-SE 4 - - - 08-May-20

128 Ali & Brothers Chicks & Poultry Feed Center SME Initial Rating CRAB-SE 4 - - - 05-Sep-19

129 Ali Ahmed & Sons SME Initial Rating CRAB-SE 4 - - - 12-Sep-19

130 Ali Ashraf & Brothers SME Surveillance CRAB-SE 3 - - - 23-Nov-19

131 Ali Enterprise SME Surveillance CRAB-SE 4 - - - 28-Dec-19

132 Ali Hossain Traders Corporate Surveillance - BBB3(Lr) ST-3 - 30-Jun-20

133 Ali Raz Enterprise SME Initial Rating CRAB-SE 4 - - - 05-Dec-19

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

3

Page 4: Rating Update -June 2019 (Update up to 30 June 2019) · 2019. 7. 24. · Rating Update -June 2019 (Update up to 30 June 2019) Sl No. Name of Client/Company Company/ Rating Type Entity

Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

134 Alif Embroidery Village Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 26-Dec-19

135 Alif Steel Mills Ltd. SME Surveillance CRAB-ME 3 - - - 08-Feb-20

136 Alifa Enterprise & It's Sister Concern SME Surveillance CRAB-SE 3 - - - 29-Aug-19

137 Alim Knit Wears Ltd. Corporate Surveillance BB1 BB1(Lr) ST-3 Stable 30-Dec-19

138 Alina Metal Industries & Manufacture GX Fan SME Initial Rating CRAB-SE 3 - - - 29-Aug-19

139 Alizan Steel Industries SME Surveillance CRAB-ME 3 - - - 08-Nov-19

140 Allar Dan Mayer Doa Enterprise (SME) SME Initial Rating CRAB-ME 3 - - - 23-Jan-20

141 Alliance Stitches Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 15-Feb-20

142 Al-Mahmud Filling Station Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 23-Jun-20

143 Almas Co. SME Surveillance CRAB-ME 2 - - - 28-May-20

144 Alom Serve Palace SME Surveillance CRAB-SE 3 - - - 26-Dec-19

145 Alpha Plastics & Packaging Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 26-Dec-19

146 Al-salam Febrics (Pvt.) Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 15-Sep-19

147 Altaf Hossain Sarkar Traders SME Initial Rating CRAB-SE 4 - - - 03-Oct-19

148 AM Bricks SME Surveillance CRAB-SE 4 - - - 30-Dec-19

149 Aman Agro Industries Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 31-Oct-19

150 Aman Associates Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 30-Nov-19

151 Aman Breeders Ltd. (Surveillance) Corporate Surveillance A3 A3(Lr) ST-3 Stable 31-Jul-19

152 Aman Cement Mills Ltd. Unit 2 Corporate Surveillance A2 A2(Lr) ST-3 Stable 30-Nov-19

153 Aman Cold Storage Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 31-Oct-19

154 Aman Cotton Fibrous Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 30-Dec-19

155 Aman Electronics SME Surveillance CRAB-SE 3 - - - 25-Jan-20

156 Aman Feed Ltd. Corporate Surveillance A1 A1(Lr) ST-2 Stable 31-Dec-19

157 Aman Packaging Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 31-Jul-19

158 Aman Poultry & Hatchery Ltd. (Surveillance) Corporate Surveillance A3 A3(Lr) ST-3 Stable 31-Jul-19

159 Aman Seeds Storage Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 31-Oct-19

160 Aman Spinning Mills Corporate Surveillance A2 A2(Lr) ST-3 Stable 15-May-20

161 Aman Tex Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 30-Nov-19

162 Aman Tex Unit-2 Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 29-Sep-19

163 Aman Trading Corporation Corporate Surveillance - BBB1(Lr) ST-3 - 30-Nov-19

164 Amana Daily Shop SME Surveillance CRAB-SE 3 - - - 13-Feb-20

165 AMC Knit Composite Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Sep-19

166 AMC Sweaters Ltd. SME Initial Rating CRAB-SE 3 - - - 28-Nov-19

167 Amela Traders SME Surveillance CRAB-SE 3 - - - 19-Dec-19

168 Amena Enterprise SME Surveillance CRAB-SE 3 - - - 01-Mar-20

169 Amena Motors SME Initial Rating CRAB-SE 3 - - - 27-Mar-20

170 Amena Traders SME Initial Rating CRAB-SE 4 - - - 13-Feb-20

171 Amex-co. SME Surveillance CRAB-SE 4 - - - 12-Dec-19

172 Amica Sweater SME Surveillance CRAB-SE 4 - - - 08-May-20

173 Amicus Accessories Ltd. SME Initial Rating CRAB-SE 4 - - - 27-Mar-20

174 Amin Bajaj SME Initial Rating CRAB-SE 4 - - - 21-Nov-19

175 Amin Corporation SME Initial Rating CRAB-SE 3 - - - 07-Jan-20

176 Amin Enterprise SME Initial Rating CRAB-SE 4 - - - 27-Mar-20

177 Amin Enterprise (IBBL) SME Initial Rating CRAB-SE 3 - - - 17-Oct-19

178 Amin Trading Corporation & Its Sister Concern SME Initial Rating CRAB-SE 3 - - - 19-Sep-19

179 Amir Ali Motso Khamar SME Initial Rating CRAB-SE 4 - - - 24-Oct-19

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

4

Page 5: Rating Update -June 2019 (Update up to 30 June 2019) · 2019. 7. 24. · Rating Update -June 2019 (Update up to 30 June 2019) Sl No. Name of Client/Company Company/ Rating Type Entity

Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

180 Amir and Sons SME Initial Rating CRAB-SE 3 - - - 13-Feb-20

181 Amir Brothers SME Surveillance CRAB-SE 4 - - - 04-Nov-19

182 Amir Sweaters & Fabrics Ltd. SME Surveillance CRAB-SE 4 - - - 19-Feb-20

183 Amiruzzaman Chowdhury SME Initial Rating CRAB-SE 3 - - - 15-Aug-19

184 Amity Design Ltd. Corporate Surveillance BB2 BB2(Lr) ST-4 Stable 28-Dec-19

185 AMN Steel Corporate Initial Rating - - ST-4 - 30-Jun-20

186 Amotex Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 20-Sep-19

187 Amran Textile SME Surveillance CRAB-SE 4 - - - 05-Apr-20

188 Amzad Hossain Trading SME Initial Rating CRAB-SE 3 - - - 12-Sep-19

189 An Ideal Tours & Travels SME Surveillance CRAB-SE 4 - - - 19-Feb-20

190 Anandamayee Stainless Steel Cutleries Mill SME Initial Rating CRAB-SE 3 - - - 30-Dec-19

191 Anannya Traders Corporate Surveillance - BBB1(Lr) ST-3 - 20-Aug-19

192 Ananta Apparels Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable 31-Dec-19

193 Ananta Paper Mills Ltd. Corporate Surveillance - AA3(Lr) ST-2 - 31-Dec-19

194 Ananto Poultry & Fish Feed SME Initial Rating CRAB-SE 3 - - - 20-Mar-20

195 ANB Bricks SME Surveillance CRAB-SE 4 - - - 27-Sep-19

196 Ani Enterprise Corporate Surveillance - - ST-3 - 23-Mar-20

197 Anik Composite Mills Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 30-Dec-19

198 Anik Textile Mills Ltd. Corporate Surveillance - BBB3(Lr) ST-4 - 11-Oct-19

199 Anika Enterprise SME Initial Rating CRAB-SE 4 - - - 15-May-20

200 Anika Fashion SME Initial Rating CRAB-SE 4 - - - 13-Feb-20

201 Anis Enterprise SME Initial Rating CRAB-SE 4 - - - 29-Aug-19

202 Anowar Trading SME Surveillance CRAB-SE 3 - - - 30-Jun-20

203 Ansar Agro Food Products SME Surveillance CRAB-SE 3 - - - 31-Aug-19

204 Anurag Traders SME Surveillance CRAB-ME 3 - - - 24-Feb-20

205 Anwara Mannan Textile Mills Corporate Surveillance A3 A3(Lr) ST-3 Stable 31-Dec-19

206 Anwer Khan Modern Hospital Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 30-Dec-19

207 Apartment Design And Holdings Ltd. SME Surveillance CRAB-SE 4 - - - 19-Jul-20

208 Apex Foods Ltd. Corporate Surveillance A2 A2(Lr) ST-1,ST-3 Stable 31-Dec-19

209 Apex Lingerie Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 31-Dec-19

210 Apex Spinning & Knitting Mills Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 31-Dec-19

211 Apex Textile Printing Mills Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 30-Dec-19

212 Apex Yarn Dyeing Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 30-Dec-19

213 Apollo Sewing & Garments Ltd. Corporate Initial Rating BB2 BB2(Lr) ST-4 Stable 26-Jun-20

214 Apparel Export Ltd. Corporate Surveillance - - ST-1,ST-3 - 30-Sep-19

215 Apparel-21 Limited Corporate Surveillance A2 A2(Lr) ST-3 Stable 30-Jun-19

216 Appollo Ispat Complex Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-4 Stable 23-Jan-20

217 Arabian Enterprise SME Initial Rating CRAB-SE 4 - - - 06-Feb-20

218 Araf Enterprise SME Initial Rating CRAB-SE 4 - - - 19-Dec-19

219 Arafat Corporation SME Initial Rating CRAB-ME 3 - - - 18-Jul-19

220 Arco Cold Storage Ltd. Corporate Surveillance - BB3(Lr) ST-4 - 28-Dec-19

221 Aries Agro (BD) Ltd. SME Initial Rating CRAB-SE 3 - - - 19-Feb-20

222 Arif Collection SME Initial Rating CRAB-SE 4 - - - 19-Sep-19

223 Arif Enterprise SME Surveillance CRAB-SE 3 - - - 04-Nov-19

224 Arif Enterprise (SME) SME Initial Rating CRAB-SE 3 - - - 27-Mar-20

225 Ariful & Brothers SME Surveillance CRAB-SE 3 - - - 18-Jul-19

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

5

Page 6: Rating Update -June 2019 (Update up to 30 June 2019) · 2019. 7. 24. · Rating Update -June 2019 (Update up to 30 June 2019) Sl No. Name of Client/Company Company/ Rating Type Entity

Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

226 ARL Ship Breaking Ltd. Corporate Surveillance - BBB3(Lr) ST-4, ST-1 - 30-Dec-19

227 ARM Construction SME Surveillance CRAB-SE 4 - - - 26-Dec-19

228 ARMAC Services Ltd. Corporate Surveillance - BB3(Lr) ST-4 - 19-Sep-19

229 Arman Flour Mills SME Surveillance CRAB-SE 3 - - - 14-Feb-20

230 Armor Bangladesh Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-3 Stable 30-Mar-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 Arrival Fashion Ltd. Corporate Initial Rating BBB2 BBB2(Lr) ST-3 Stable 14-Nov-19

234 Arrow Speed SME Initial Rating CRAB-SE 3 - - - 18-Jul-19

235 ARS Properties Ltd. Corporate Surveillance - BB1(Lr) ST-4 - 29-Sep-19

236 ARS Washing Ltd. SME Surveillance CRAB-ME 4 - - - 27-Apr-20

237 Arshad Brothers SME Initial Rating CRAB-SE 3 - - - 17-Oct-19

238 Artisan Outfitters Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-4 Stable 29-Aug-19

239 Aryan Stone and Marble Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 31-Mar-20

240 Asad Morad Bricks SME Surveillance CRAB-SE 4 - - - 27-Sep-19

241 Asha Construction Co. SME Initial Rating CRAB-SE 4 - - - 03-Oct-19

242 Asha Enterprise SME Surveillance CRAB-SE 4 - - - 14-Dec-19

243 Ashik Enterprise SME Surveillance CRAB-SE 4 - - - 08-Nov-19

244 Ashrafuzzaman & Co. SME Surveillance CRAB-ME 2 - - - 28-May-20

245 Asia Car BD Ltd. Corporate Surveillance - - ST-3 - 23-Nov-19

246 Asia Industries (Pvt) Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 29-Aug-19

247 Asian Cosmetics SME Initial Rating CRAB-SE 4 - - - 19-Feb-20

248 Asian Optics SME Surveillance CRAB-SE 3 - - - 26-Dec-19

249 Asif & Brothers SME Initial Rating CRAB-SE 4 - - - 30-Jan-20

250 Asif Enterprise (SEBL) SME Initial Rating CRAB-SE 3 - - - 13-Feb-20

251 Asif Traders (NCC Bank) Corporate Surveillance - BB3(Lr) ST-4 - 17-Apr-20

252 Askar Corporation SME Surveillance CRAB-SE 3 - - - 31-Jan-20

253 ASL Systems Ltd. Corporate Initial Rating CRAB-SE 3 BBB2(Lr) ST-1 - 01-May-20

254 Asma Chaul Kal & Nurani Motsho Khamar SME Initial Rating CRAB-SE 4 - - - 19-Feb-20

255 Asma Printing & Pakaging Industries SME Surveillance CRAB-SE 3 - - - 21-Mar-20

256 Asma Shopping Center SME Initial Rating CRAB-ME 3 - - - 30-Jan-20

257 Asset Development & Holdings Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 26-Dec-19

258 Assurance Developments Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 30-Dec-19

259 AST Beverage Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable 31-Oct-19

260 Astro Knitwear Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 03-Nov-19

261 Astro Pharmaceuticals Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 28-Sep-19

262 Astro Trading Ltd. SME Surveillance CRAB-SE 3 - - - 23-Mar-20

263 Athina Filling Station SME Surveillance CRAB-SE 4 - - - 29-May-20

264 Atlas Footwear Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 30-Dec-19

265 Atlas Toiletries Ltd. SME Surveillance CRAB-SE 2 - - - 13-Feb-20

266 Atoar Traders SME Surveillance CRAB-SE 3 - - - 08-May-20

267 Auleek Services & Oncosys International JV Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 23-Jan-20

268 Aulia Rice Mill & its sister concern SME Initial Rating CRAB-SE 3 - - - 17-Oct-19

269 Auto Emporium SME Surveillance CRAB-SE 3 - - - 07-Mar-20

270 Auto Motor Importing SME Surveillance CRAB-SE 4 - - - 25-Nov-19

271 Avenger Textils Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 03-Feb-20

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

6

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Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

272 Aviation Support Ltd. Corporate Surveillance - - ST-1 - 23-Aug-19

273 Awlad Enterprise SME Initial Rating CRAB-SE 3 - - - 07-Nov-19

274 Axis Knitwears Ltd. Corporate Surveillance - BB1(Lr) ST-4 - 11-Oct-19

275 Ayan Metal Works SME Initial Rating CRAB-SE 3 - - - 29-Aug-19

276 Ayath Enterprise SME Surveillance CRAB-SE 4 - - - 02-Mar-20

277 Ayesha Jute Fibres Ltd. Corporate Surveillance - BB1(Lr) ST-4 - 14-Nov-19

278 Ayub & Sons SME Surveillance CRAB-SE 3 - - - 08-May-20

279 Azad & Sons SME Surveillance CRAB-SE 4 - - - 05-Dec-19

280 Azad Department Store SME Initial Rating CRAB-SE 3 - - - 14-Nov-19

281 Azad Library SME Surveillance CRAB-SE 3 - - - 26-Dec-19

282 Azhar Enterprise SME Surveillance CRAB-SE 3 - - - 19-Sep-19

283 Aziz & Sons SME Initial Rating CRAB-SE 3 - - - 10-Oct-19

284 Azmeer Traders SME Initial Rating CRAB-SE 4 - - - 26-Sep-19

285 Azmi Foods Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 30-Nov-19

286 Azrun Trading Corporate Initial Rating - BBB3(Lr) ST-3 - 30-Dec-19

287 B S Engineering works SME Surveillance CRAB-SE 3 - - - 25-Jan-20

288 Babul Textile & Sizing Mills SME Surveillance CRAB-SE 4 - - - 13-Feb-20

289 Badal & Company Corporate Surveillance - BBB3(Lr) ST-1, ST-3 - 03-Jun-20

290 Badal Mia SME Surveillance CRAB-SE 3 - - - 19-Dec-19

291 Badgetex Apparels Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 14-Feb-20

292 Baengal Traders SME Surveillance CRAB-SE 3 - - - 10-Oct-19

293 Bagdad Paribahan Sangstha SME Surveillance CRAB-ME 4 - - - 24-Feb-20

294 Bahar Enterprise SME Initial Rating CRAB-SE 4 - - - 19-Feb-20

295 Baktiar Enterprise SME Surveillance CRAB-SE 3 - - - 15-May-20

296 Bakul Shoe Store SME Surveillance CRAB-SE 3 - - - 01-Mar-20

297 Balaka Press & Publications Corporate Surveillance - BBB2(Lr) ST-3 - 22-May-20

298 Baly Garments SME Surveillance CRAB-ME 3 - - - 22-Apr-20

299 Bandar Steel Industries Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 31-Mar-20

300 Bandhan Homes SME Initial Rating CRAB-SE 4 - - - 31-Oct-19

301 Bangla Chemical SME Surveillance CRAB-SE 3 - - - 29-Nov-19

302 Bangla Foils Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 29-Oct-19

303 Bangla Iron Agency SME Initial Rating CRAB-SE 3 - - - 13-Feb-20

304 Bangladesh Army International University of Science & Technology (BAIUST)Corporate Surveillance - BBB2(Lr) - - 29-Dec-19

305 Bangladesh Auto Spring Industry Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 04-Nov-19

306 Bangladesh Bricks SME Initial Rating CRAB-SE 4 - - - 20-Mar-20

307 Bangladesh Double Glazed Ltd. SME Initial Rating CRAB-SE 3 - - - 01-May-20

308 Bangladesh Industrial Gases Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 03-Oct-19

309 Bangladesh Monospool Paper Mfg. Company Corporate Surveillance BB1 BB1(Lr) ST-4 Stable 30-Dec-19

310 Bangladesh Technosity Ltd. Corporate Surveillance A3(Pr) - - - 31-Oct-19

311 Banoful & Co. Ltd. Corporate Surveillance - A3(Lr) ST-3 - 24-Feb-20

312 Banolata Sweets & Bakery SME Initial Rating CRAB-ME 3 - - - 02-Mar-20

313 Baraka Fashions Ltd Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 25-Apr-20

314 Baraka Patenga Power Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable 24-Jan-20

315 Baraka Power Ltd. Corporate Surveillance AA1 AA1(Lr) ST-2 Stable 27-Dec-19

316 Bari Agro Machineries SME Surveillance CRAB-SE 3 - - - 14-Jun-20

317 Baridhi Garments Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 31-Oct-19

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

7

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Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

318 Barisal Surgical Ltd. SME Initial Rating CRAB-SE 3 - - - 27-Mar-20

319 Base Technologies Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 31-Aug-19

320 Bashar Mollah Company SME Surveillance CRAB-ME 3 - - - 18-Oct-19

321 Bashundhara Chemical Industries Ltd. Corporate Surveillance BBB2(Pr) - - - 31-Dec-19

322 Bashundhara Food & Beverage Ind. Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 31-Oct-19

323 Bashundhara Industrial Complex Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 31-Oct-19

324 Bashundhara Infrastructure Company Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 31-Dec-19

325 Bashundhara LP Gas Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 30-Nov-19

326 Bashundhara Multi Food Industries Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 31-Oct-19

327 Bashundhara Multi Paper Industries Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 31-Oct-19

328 Bashundhara Oil & Gas Company Ltd. (Petrochemical Complex Plant Unit:1)Corporate Surveillance BBB1(Dr) - - - 30-Jun-19

329 Bashundhara Paper mills ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable 31-Oct-19

330 Bashundhara Steel & Engineering Ltd. Corporate Initial Rating A2 - - Stable 31-Oct-19

331 Bashundhara Trading Company Ltd. Corporate Initial Rating - - ST-3 - 03-Oct-19

332 Basoti Shomaj & Poribesh Unnayon Foundation SME Surveillance CRAB-SE 4 - - - 24-Apr-20

333 Bata Shoe Company (Bangladesh) Ltd. Corporate Surveillance AAA - ST-1 Stable 31-Mar-20

334 Bay Development Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable 31-Dec-19

335 BCL Paper Mills Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 02-Dec-19

336 BD Corporation & Allied Concern Corporate Surveillance - BBB1(Lr) ST-3 - 30-Nov-19

337 BD Foods Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 30-Nov-19

338 BD Knit Design Ltd. Corporate Surveillance - BB2(Lr) ST-4 - 30-Sep-19

339 BD Plast Ltd. SME Surveillance CRAB-SE 4 - - - 08-Nov-19

340 BD Sea Food Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Nov-19

341 Beacon Knitwear Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 30-Dec-19

342 Beacon Pharmaceuticals Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 10-Sep-19

343 Belal Enterprise SME Initial Rating CRAB-SE 3 - - - 12-Dec-19

344 Belamy Textiles Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 29-Sep-19

345 Bellal Brothers SME Initial Rating CRAB-SE 4 - - - 07-Nov-19

346 Bemisal Enterprise SME Surveillance CRAB-SE 2 - - - 29-Jun-20

347 Bengal Agencies SME Initial Rating CRAB-SE 3 - - - 18-Jun-20

348 Bengal Auto Rice Mill Corporate Surveillance - BBB3(Lr) - - 27-Mar-20

349 Bengal Glory Ltd. SME Surveillance CRAB-SE 3 - - - 30-Dec-19

350 Bengal Indigo Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 03-Nov-19

351 Bengal Knittex Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 30-Nov-19

352 Bengal Meat Processing Ind. Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 07-Dec-19

353 Bengal NFK Textile Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 29-Sep-19

354 Bengal Pacific (Pvt.) Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 14-Dec-19

355 Bengal Technological Corporation Ltd. Corporate Surveillance - BB1(Lr) ST-3 - 11-Jul-19

356 Bengal Tiles & Sanitary SME Surveillance CRAB-SE 3 - - - 24-Oct-19

357 Bengal Trading Co. SME Surveillance CRAB-SE 2 - - - 12-Dec-19

358 Bengal Windsor Thermoplastics Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 26-Dec-19

359 Best Steel Industries Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 31-Dec-19

360 Best Wool Sweaters Ltd. Corporate Surveillance A2 A2(Lr) ST-1, ST-3 Stable 19-Aug-19

361 BEXIM SME Surveillance CRAB-SE 4 - - - 30-Dec-19

362 Bhai Bhai and Modern Telecom SME Surveillance CRAB-SE 4 - - - 12-Dec-19

363 Bhai Bhai Auto Rice Mill Corporate Initial Rating - BBB3(Lr) ST-4 - 27-Mar-20

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

8

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Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

364 Bhai Bhai Bricks SME Initial Rating CRAB-SE 3 - - - 23-Nov-19

365 Bhai Bhai Enterprise SME Surveillance CRAB-SE 4 - - - 23-May-20

366 Bhai Bhai Hardware Store SME Initial Rating CRAB-SE 3 - - - 06-Mar-20

367 Bhai Bhai Poultry Farm SME Initial Rating CRAB-SE 4 - - - 27-Mar-20

368 Bhai Bhai Poultry Feed SME Surveillance CRAB-SE 4 - - - 18-Jul-19

369 Bhai Bhai Rice Mill SME Initial Rating CRAB-SE 3 - - - 02-Mar-20

370 Bhai Bhai Traders SME Surveillance CRAB-SE 4 - - - 16-May-20

371 Bhawal Construction Corporate Surveillance - BB1(Lr) ST-3 - 20-Dec-19

372 Bhowmick Auto Rice Mill SME Initial Rating CRAB-SE 3 - - - 03-Oct-19

373 Bhuiyan Aluminium Works Ltd. Corporate Initial Rating - BBB3(Lr) ST-3 - 12-Dec-19

374 Bhuiyan and Co. Corporate Initial Rating - - ST-3 - 31-Oct-19

375 Bhuiyan and sons SME Initial Rating CRAB-SE 4 - - - 03-Oct-19

376 Bhuiyan Chaul Kol SME Surveillance CRAB-SE 4 - - - 21-Mar-20

377 Bhuiyan Enterprise SME Initial Rating CRAB-ME 3 - - - 05-Sep-19

378 Bhuiyan Foundation SME Initial Rating CRAB-SE 4 - - - 25-Jul-19

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 Bijoy Trade International SME Initial Rating CRAB-SE 3 - - - 17-Oct-19

382 Bikash Cutting & Corrugated Ind. SME Surveillance CRAB-SE 3 - - - 29-May-20

383 Bikrampur Potato Flakes Ind. Ltd. Corporate Surveillance - A3(Lr) ST-3 - 31-Dec-19

384 Biky Enterprise SME Initial Rating CRAB-SE 3 - - - 26-Jun-20

385 Billah Resources Ltd. SME Initial Rating CRAB-ME 3 - - - 31-Oct-19

386 Binimoy Enterprise SME Surveillance CRAB-SE 4 - - - 03-Jun-20

387 Bio Health Co. Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 24-Sep-19

388 Biplob Enterprise SME Initial Rating CRAB-SE 3 - - - 08-May-20

389 Bismillah Chem (SME) SME Initial Rating CRAB-SE 3 - - - 13-Feb-20

390 Bismillah Enterprise Corporate Surveillance - BBB3(Lr) ST-3 - 13-Sep-19

391 Bismillah Iron Store. Corporate Surveillance - - ST-3 - 30-Mar-20

392 Bismillah Moshari Store Corporate Surveillance - BBB2(Lr) - - 30-Mar-20

393 Bismillah Motso Khamar SME Initial Rating CRAB-SE 4 - - - 29-Aug-19

394 Bismillah Store Corporate Initial Rating A3 A3(Lr) ST-3 Stable 15-May-20

395 Bismillah Traders SME Surveillance CRAB-SE 3 - - - 28-May-20

396 Biswanath Traders (SME) SME Initial Rating CRAB-SE 4 - - - 20-Mar-20

397 Biswas Traders & VIP Rice Mills Corporate Surveillance - - ST-3 - 17-Jan-20

398 Blazon Trims & Packaging Ltd. Corporate Initial Rating BBB3 - - Stable 28-Mar-20

399 Blue Sky Enterprise Corporate Surveillance - BBB2(Lr) ST-3 - 15-Dec-19

400 BNF Engineers Ltd. SME Surveillance CRAB-SE 3 - - - 17-May-20

401 Bogdad Traders SME Surveillance CRAB-SE 3 - - - 07-Mar-20

402 Bogra Electric & Engineering Works SME Surveillance CRAB-ME 4 - - - 27-Mar-20

403 Bogra Motors Pvt. Ltd. SME Surveillance CRAB-SE 3 - - - 27-Jun-20

404 Bokul Agro Food Industries SME Surveillance CRAB-SE 3 - - - 26-Jul-19

405 Bokul Rubber & Plastic Industries Ltd. SME Surveillance CRAB-SE 3 - - - 26-Jul-19

406 Bonafide Composite Textile Mills Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 30-Dec-19

407 Bonanza Trade Marketing. Corporate Surveillance - BBB3(Lr) ST-3 - 30-Oct-19

408 Bondhon Rice Agency & It's Sister Concern SME Surveillance CRAB-SE 3 - - - 11-Oct-19

409 Bongo Stitches Ltd. Corporate Surveillance - - ST-4 - 28-Jun-20

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

9

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Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

410 Bonito Communication SME Surveillance CRAB-SE 2 - - - 14-Mar-20

411 Bookman Printers & Publications Corporate Surveillance - BBB1(Lr) ST-3 - 20-Aug-19

412 Borak Trading & Carrier SME Surveillance CRAB-ME 3 - - - 24-Oct-19

413 Borhan Enterprise SME Initial Rating CRAB-SE 3 - - - 26-Jun-20

414 Borotakia Construction SME Surveillance CRAB-SE 4 - - - 20-Sep-19

415 Borotakia Enterprise SME Surveillance CRAB-SE 4 - - - 20-Sep-19

416 Borotakia Motors (Pvt.) Ltd. SME Surveillance CRAB-ME 3 - - - 20-Sep-19

417 Brahmmaputra Printing & Packaging SME Surveillance CRAB-SE 3 - - - 25-Oct-19

418 Broad Band Telecom Services Ltd. Corporate Surveillance BBB3 BBB3(Lr) - Stable 31-May-20

419 Brother Corporation SME Surveillance CRAB-SE 3 - - - 19-Dec-19

420 Brother Flour Mill SME Surveillance CRAB-SE 4 - - - 25-Nov-19

421 Brothers Corporation SME Initial Rating CRAB-SE 2 - - - 10-Apr-20

422 Brothers Enterprise SME Surveillance CRAB-SE 4 - - - 29-Aug-19

423 Brothers Flour Mill SME Initial Rating CRAB-ME 3 - - - 15-May-20

424 Brothers Plastic Industries Corporate Initial Rating - BB1(Lr) ST-4 - 27-Mar-20

425 Brothers Store SME Initial Rating CRAB-SE 4 - - - 26-Sep-19

426 Brothers Syndicate SME Initial Rating CRAB-SE 3 - - - 13-Feb-20

427 Brothers Trading SME Initial Rating CRAB-SE 3 - - - 20-Mar-20

428 BSM Syndicate Corporate Surveillance - - ST-3 - 15-Dec-19

429 Building Technology & Ideas Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable 29-Jun-20

430 Bulbul General Electronics SME Surveillance CRAB-SE 3 - - - 14-Mar-20

431 Butterfly Marketing Ltd. Corporate Surveillance A1 A1(Lr) ST-2 Stable 24-Sep-19

432 C & A Agro Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 29-Mar-20

433 Camy Electrical Industries SME Surveillance CRAB-SE 2 - - - 12-Dec-19

434 Capital Fashions Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-3 Stable 24-Apr-20

435 Car Selection Corporate Surveillance - BBB1(Lr) ST-3 - 05-Mar-20

436 Carbon Bangladesh (Pvt) Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Sep-19

437 CB Hospital Ltd. Corporate Surveillance - BBB3(Lr) - - 02-Mar-20

438 CBM Bricks SME Surveillance CRAB-ME 4 - - - 20-Jun-20

439 Celluler Mobile Pte Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 30-Dec-19

440 Cemex Properties Ltd. SME Initial Rating CRAB-SE 3 - - - 13-Mar-20

441 Centro Tex Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-1 Stable 23-Dec-19

442 Century Engineering and Tube Industries SME Surveillance CRAB-SE 5 - - - 28-Nov-19

443 Ceramics World SME Surveillance CRAB-SE 3 - - - 24-Oct-19

444 Chan Traders SME Surveillance CRAB-SE 4 - - - 27-Dec-19

445 Charm Fashion Corporate Surveillance - BBB3(Lr) ST-3 - 29-Sep-19

446 Charu Ceramic Industries Ltd. Corporate Surveillance - A3(Lr) ST-3 - 09-Aug-19

447 Charu Traders SME Initial Rating CRAB-SE 4 - - - 22-May-20

448 Chattagram Enterprise SME Initial Rating CRAB-SE 3 - - - 26-Sep-19

449 Chattagram Metropolitan Hashpatal Pvt. Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 15-Dec-19

450 Chelsi Enterprise SME Initial Rating CRAB-SE 4 - - - 26-Dec-19

451 Chens Crop Science Bangladesh Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 30-Dec-19

452 Cherry Knitwear Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 31-Mar-20

453 China Bangla Foods SME Surveillance CRAB-ME 3 - - - 19-Aug-19

454 China Bangla Shopping Complex SME Surveillance CRAB-ME 3 - - - 19-Aug-19

455 China Bazar SME Surveillance CRAB-SE 4 - - - 30-Dec-19

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

10

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Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

456 China Kitchen Wear Industries Ltd. SME Surveillance CRAB-SE 3 - - - 20-Sep-19

457 Chittagong Asian Apparels Limited. Corporate Surveillance A2 A2(Lr) ST-3 Stable 29-Sep-19

458 Chittagong Asian Paper Mills (Pvt.) Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 29-Dec-19

459 Chittagong Electronics SME Surveillance CRAB-SE 3 - - - 29-Jun-20

460 Chittagong Golden Services Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 08-Nov-19

461 Chittagong Timber Complex SME Surveillance CRAB-ME 4 - - - 26-Dec-19

462 Chittagong Waste Treatment Plants Ltd. SME Surveillance CRAB-ME 4 - - - 28-Dec-19

463 Chowdhury Mercerize Process Mill SME Initial Rating sme4 - - - 22-May-20

464 Chung Hua Aluminium Industry Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 21-May-20

465 City Dal Mills Ltd. Corporate Surveillance AA1 AA1(Lr) ST-1 Stable 31-Dec-19

466 City Feed Products Ltd. Corporate Surveillance AA1 AA1(Lr) ST-1 Stable 31-Dec-19

467 City Foils Ltd. SME Initial Rating CRAB-SE 3 - - - 24-Oct-19

468 City Navigations Ltd. Corporate Surveillance AA1 AA1(Lr) ST-1 Stable 31-Dec-19

469 City Seed Crushing Industries Ltd. Corporate Surveillance AA1 AA1(Lr) ST-1 Stable 31-Dec-19

470 City Sugar Industries Ltd. Corporate Surveillance AAA AAA(Lr) ST-1 Stable 31-Dec-19

471 City Trading Corporation SME Surveillance CRAB-SE 3 - - - 23-Dec-19

472 Clamoon Garments Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 31-Jul-20

473 Classic Construction and its sister concern Classic Electric 2Corporate Initial Rating - BB1(Lr) ST-4 - 28-Nov-19

474 Classic Dye-Chem Company SME Initial Rating CRAB-SE 3 - - - 15-May-20

475 CM Servicing Station SME Surveillance CRAB-SE 3 - - - 28-May-20

476 Cobite Computers SME Surveillance CRAB-SE 4 - - - 29-Sep-19

477 Color Vision SME Surveillance CRAB-SE 4 - - - 27-Mar-20

478 Coma Creation SME Initial Rating CRAB-SE 3 - - - 03-Oct-19

479 Combined Food & Cold Storage Ltd. Corporate Surveillance - A2(Lr) ST-2 - 30-Jun-20

480 Comfit Composite Knit Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 02-Mar-20

481 Comtrade Enterprise SME Surveillance CRAB-ME 2 - - - 25-Jan-20

482 Cona Enterprise SME Initial Rating CRAB-SE 4 - - - 12-Sep-19

483 Confidence Mag Board Ltd. Corporate Initial Rating BBB3(Pr) - - - 30-Jun-19

484 Confidence Trade Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 19-Apr-20

485 Confidence Traders SME Surveillance CRAB-SE 3 - - - 29-Aug-19

486 Continental Agency SME Surveillance CRAB-SE 4 - - - 19-Nov-19

487 Continental Garments Industries (Pvt.) Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 28-Nov-19

488 Cosmopolitan Industries Pvt. Ltd. Corporate Surveillance AA1 AA1(Lr) ST-1 Stable 31-Dec-19

489 Cosmos Enterprise Corporate Surveillance - BB2(Lr) ST-4 - 15-Nov-19

490 Cotton Mart International SME Initial Rating CRAB-SE 4 - - - 08-May-20

491 CP Bangladesh Co. Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable 30-Sep-19

492 Crazy Fashions Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 30-Jun-20

493 Cristal Trading SME Surveillance CRAB-SE 3 - - - 13-Feb-20

494 Crony Apparels Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 14-Nov-19

495 Crossline Factory (Pvt.) Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 30-Apr-20

496 Crossline Knit Fabrics Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 30-Apr-20

497 Crown Cement Concrete & Building Products Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 11-May-20

498 Crown Lub SME Surveillance CRAB-SE 4 - - - 28-Mar-20

499 Crown Mariners Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 11-May-20

500 Crown Metal Merchandising Corporate Surveillance - BBB3(Lr) ST-3 - 21-Jul-19

501 Crown Polymer Bagging Ltd. SME Surveillance BBB1 BBB1(Lr) ST-3 Stable 11-May-20

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

11

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Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

502 Crown Transportation Logistics Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 11-May-20

503 Croydon Kowloon Corporate Initial Rating BBB1 BBB1(Lr) ST-3 Stable 08-May-20

504 Cutting Edge Garments Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 29-Dec-19

505 CVO Petrochemical Refinery Ltd. Corporate Initial Rating BBB2 - - Stable 30-Dec-19

506 Cynzar Energy Services Ltd. Corporate Initial Rating BBB3(Pr) - - - 31-Aug-19

507 D & S Pretty Fashions Ltd Corporate Surveillance A1 A1(Lr) ST-3 Stable 30-Jun-19

508 D M Corporation SME Surveillance CRAB-SE 5 - - - 29-Dec-19

509 D S Fashion Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 31-Mar-20

510 Dacca Textiles Ltd. Corporate Initial Rating BBB2(Pr) - - - 23-Dec-20

511 Dada Accessories Limited Corporate Initial Rating BBB3 BBB3(Lr) ST-3 Stable 03-Oct-19

512 Dada Bag Industries Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-3 Stable 03-Oct-19

513 Dada Bobbins Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-3 Stable 03-Oct-19

514 Dada Engineering Limited Corporate Initial Rating A3 A3(Lr) ST-3 Stable 03-Oct-19

515 Dada Zipper Limited Corporate Initial Rating BBB3 BBB3(Lr) ST-3 Stable 03-Oct-19

516 Daeyu Bangladesh Ltd. Corporate Surveillance BB1 BB1(Lr) ST-3 Stable 31-Jul-19

517 Daffodils SME Initial Rating CRAB-ME 2 - - - 24-Apr-20

518 DAL Knitwear Ltd. Corporate Surveillance - A3(Lr) ST-3 - 30-Jun-20

519 Dalim Traders SME Surveillance CRAB-SE 3 - - - 12-Sep-19

520 Danish Condensed Milk Bangladesh Ltd. Corporate Surveillance - AA2(Lr) ST-2 - 26-Dec-19

521 Danish Foods Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 11-Jul-19

522 Danish Milk Bangladesh Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 22-Mar-20

523 Danny Dhaka Ltd. SME Initial Rating CRAB-SE 3 - - - 28-Nov-19

524 Danys Knitwear Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 26-Aug-19

525 Dapunia Iron Store SME Initial Rating CRAB-SE 3 - - - 26-Jun-20

526 Darkesh Tex Wear Ltd SME Initial Rating CRAB-SE 3 - - - 22-May-20

527 Darussalam Enterprise Corporate Surveillance - BBB1(Lr) ST-3 - 01-Feb-20

528 Data Solution Ltd. SME Surveillance CRAB-SE 4 - - - 08-Aug-19

529 Dazzling Dresses Ltd. Corporate Initial Rating A3 A3(Lr) ST-3 Stable 30-Jan-20

530 Decent Pharma Laboratories Corporate Surveillance - BBB3(Lr) ST-3 - 31-Dec-19

531 Deen Paper Converting & Packaging Ltd. Corporate Surveillance - BB1(Lr) ST-4 - 30-Aug-19

532 Deepa Food Products Ltd. Corporate Surveillance AAA AAA(Lr) ST-1 Stable 31-Dec-19

533 Dekko Knitwears Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 31-Oct-19

534 Delco Engineering SME Surveillance CRAB-SE 3 - - - 23-Jan-20

535 Delco Engineering Ltd. SME Surveillance CRAB-SE 3 - - - 23-Jan-20

536 Delta Diagnostic Centre SME Initial Rating CRAB-SE 3 - - - 07-Nov-19

537 Delta Health Care Mirpur Ltd. Corporate Surveillance - B2(Lr) - - 21-Mar-20

538 Delta Hospital Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Dec-19

539 Delwar Hossain SME Initial Rating CRAB-SE 4 - - - 26-Dec-19

540 Denim Attires Limited Corporate Surveillance - BBB1(Lr) ST-3 - 27-Mar-20

541 Denim Expert Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 30-Jun-20

542 Desh International SME Surveillance CRAB-SE 3 - - - 25-Oct-19

543 Desh Ship Building Engineering Ltd. Corporate Surveillance - BBB3(Lr) - - 15-Sep-20

544 Devine Intimates Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 20-Dec-19

545 Devine Trading Company SME Surveillance CRAB-ME 3 - - - 08-Mar-20

546 Dewan Electric & Co. SME Initial Rating CRAB-SE 4 - - - 12-Dec-19

547 Dewan Electronics SME Surveillance CRAB-SE 4 - - - 23-Dec-19

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

12

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Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

548 Dhaka Assembly of God Church & Bethel Assembly of God ChurchCorporate Initial Rating BBB1 BBB1(Lr) - Stable 06-Mar-20

549 Dhaka Bricks & Co. SME Initial Rating CRAB-SE 4 - - - 21-Nov-19

550 Dhaka Bricks Supply & Co. SME Surveillance CRAB-ME 3 - - - 05-Nov-19

551 Dhaka Casual Mart (PVT.) Ltd. Corporate Initial Rating - BBB3(Lr) - - 12-Sep-19

552 Dhaka Intern Corporate Initial Rating BBB1 BBB1(Lr) ST-1 Stable 19-Sep-19

553 Dhaka Metal SME Surveillance CRAB-SE 4 - - - 15-Dec-19

554 Dia Diba Rice Agency SME Initial Rating CRAB-SE 4 - - - 31-Oct-19

555 Diamond Heaven Ltd. SME Initial Rating CRAB-ME 4 - - - 19-Sep-19

556 Diamond Net Industries SME Surveillance CRAB-SE 3 - - - 01-Mar-20

557 Diamond Steel Pro Co. (Pvt) Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 30-Sep-19

558 Diamond World Corporate Initial Rating - BBB3(Lr) ST-3 - 19-Sep-19

559 Diba Rathry CNG Filling Station SME Initial Rating CRAB-SE 3 - - - 29-Jun-20

560 Didar Machineries SME Initial Rating CRAB-SE 4 - - - 03-Oct-19

561 Didar Store SME Surveillance CRAB-SE 4 - - - 17-May-20

562 Digilab Medical Service Ltd. Corporate Surveillance - BB2(Lr) ST-4 - 03-Aug-19

563 Digital Power and Associates Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 31-Jul-19

564 Dipjol Enterpris SME Initial Rating CRAB-SE 2 - - - 22-May-20

565 Disha Poultry Complex SME Initial Rating CRAB-SE 4 - - - 03-Oct-19

566 Divine Design Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 29-Sep-19

567 Dorbesh Enterprise SME Initial Rating CRAB-SE 4 - - - 26-Dec-19

568 Dr. Haider Clinic (Pvt.) Hospital SME Surveillance CRAB-ME 3 - - - 31-Dec-19

569 Dragon Steel Plant Corporate Initial Rating - - ST-4 - 28-Jun-20

570 Dragoni Fashions Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 31-Aug-19

571 Dresden Textile Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 29-Sep-19

572 Dui Bhai Traders SME Initial Rating CRAB-SE 4 - - - 19-Dec-19

573 Dutch Bangla Power & Associates Ltd. Corporate Surveillance AA3 - ST-3 Stable 19-Aug-19

574 Dynamic Trading Service SME Surveillance CRAB-SE 3 - - - 12-Dec-19

575 E K Automobiles SME Initial Rating CRAB-SE 4 - - - 01-May-20

576 E R Enterprise SME Surveillance CRAB-SE 3 - - - 23-May-20

577 Eagle Fiber Industries Ltd. SME Initial Rating CRAB-ME 3 - - - 28-May-20

578 Earthmoving Rental Ltd. SME Surveillance CRAB-ME 4 - - - 11-Apr-20

579 Earthmoving Solution Ltd. SME Surveillance CRAB-ME 3 - - - 11-Apr-20

580 East West Property Development Co. Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable 31-Dec-19

581 Eastern Medical College & Hospital Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 31-Dec-19

582 Eastern Printing & Packaging SME Initial Rating CRAB-SE 3 - - - 20-Mar-20

583 Eastern Trading SME Initial Rating CRAB-SE 4 - - - 26-Dec-19

584 Eastern University Corporate Initial Rating BBB3 BBB3(Lr) ST-4 Stable 10-Apr-20

585 Eaty Enterprise SME Surveillance CRAB-SE 3 - - - 26-Dec-19

586 Edotco Bangladesh Co. Ltd. Corporate Surveillance A1 A1(Lr) ST-2 Stable 31-Jul-19

587 E-Engineering Ltd. Corporate Initial Rating BBB2 BBB2(Lr) ST-3 Stable 30-Dec-19

588 EFA Apparels Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-3 Stable 19-Dec-19

589 Ehshan Enterprise SME Initial Rating CRAB-SE 4 - - - 14-Dec-19

590 Eight Knitwear SME Initial Rating CRAB-SE 3 - - - 25-Jul-19

591 Ekram Insaf Mega Shop & Its sister Concern (Rahmat Ent.) SME Initial Rating CRAB-SE 4 - - - 19-Sep-19

592 Electrical & Electronics Company Ltd Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable 31-Mar-20

593 Electro Battery Company Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 16-May-20

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

13

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Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

594 Electro Fair SME Surveillance CRAB-SE 3 - - - 27-Sep-19

595 Electro Led & Light Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 16-May-20

596 Electro Mart Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 30-Nov-19

597 Electro Mechanical Service Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 16-May-20

598 Electro Solar Power Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 16-May-20

599 Electro Transformer & Switchgear co. Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 16-May-20

600 Elham Fashion Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 18-Jun-20

601 EM Power Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 16-May-20

602 Emem System Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-4 Stable 29-Jun-20

603 Emran Enterprise SME Surveillance CRAB-SE 3 - - - 27-Mar-20

604 Enayetpur Spinning Mills Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 30-Dec-19

605 Energis Power Corporation Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable 11-Jul-19

606 Energon Renewables (BD) Ltd. Corporate Surveillance BBB2(Pr) - - - 31-Aug-19

607 Energy Meter Company Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 16-May-20

608 Energypac Confidence Power Venture Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 04-Nov-19

609 Energypac Power Generation Ltd. Corporate Surveillance AA2 AA2(Lr), AAA(Lr) ST-3 Stable 31-Dec-19

610 Enroute International Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 26-Apr-20

611 Envoy Textiles Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable 31-Aug-19

612 Epic Garments & Manufacturing Co. Ltd. Corporate Surveillance AA1 AA1(Lr) ST-2 Stable 31-Dec-19

613 EPV Chittagong Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 15-Jun-20

614 Epyllion Fabrics Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 30-Sep-19

615 Epyllion Knitex Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 31-Dec-19

616 Epyllion Knitwears Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 31-Dec-19

617 Epyllion Limited Corporate Surveillance A1 A1(Lr) ST-3 Stable 31-Dec-19

618 Epyllion Style Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 31-Dec-19

619 Epyllion Washing Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 31-Dec-19

620 Era Construction Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 10-Sep-19

621 Esack Brothers Industries Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable 30-Jun-19

622 Esquire Accessories Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 30-Jun-20

623 Esquire Dyeing Industries Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable 30-Jun-20

624 Esquire Electronics Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 30-Jun-19

625 Esquire Knit Composite Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 25-Oct-19

626 Esquire Plastics Ltd. Corporate Surveillance - BBB3(Lr) ST-4 - 21-Sep-19

627 Esquire Sweater Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 03-Oct-19

628 Essex Enterprise SME Surveillance CRAB-SE 4 - - - 30-Dec-19

629 Estia Enterprise SME Initial Rating CRAB-SE 3 - - - 29-Aug-19

630 Etasia Interlinings Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 12-Mar-20

631 Ethical Garments Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 04-Sep-19

632 Euro Arte Apparels Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-3 Stable 17-Apr-20

633 Euro Bangla Ceramics Ltd. Corporate Initial Rating - C(Lr) - 10-Apr-20

634 Euro Star Home Appliance Ind. Ltd. SME Initial Rating CRAB-ME 2 - - - 06-Mar-20

635 Europa Cold Storage Ltd. Corporate Surveillance - A2(Lr) ST-3 - 30-Jun-20

636 Eurozone Fashion Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 30-Dec-19

637 Eutech Systems Ltd. SME Initial Rating CRAB-SE 3 - - - 19-Feb-20

638 Excel Telecom Pvt Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Dec-19

639 Exotic Knit Apparels Ltd. SME Surveillance CRAB-ME 4 - - - 30-Jul-19

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

14

Page 15: Rating Update -June 2019 (Update up to 30 June 2019) · 2019. 7. 24. · Rating Update -June 2019 (Update up to 30 June 2019) Sl No. Name of Client/Company Company/ Rating Type Entity

Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

640 F K Filling Station SME Initial Rating CRAB-SE 4 - - - 19-Feb-20

641 F M Rubber & Chemical SME Surveillance CRAB-SE 4 - - - 28-Sep-19

642 F M Steel House SME Surveillance CRAB-SE 3 - - - 30-Mar-20

643 Fab-Con Textile Mills Ltd. Corporate Surveillance - A2(Lr) ST-3 - 27-Dec-19

644 Fabulous Mega Mall & its Sister Concern SME Initial Rating CRAB-SE 3 - - - 15-Aug-19

645 Fahad Enterprise SME Surveillance CRAB-SE 4 - - - 04-Aug-19

646 Fahim Enterprise SME Surveillance CRAB-SE 4 - - - 30-Nov-19

647 Fahim Timber & Saw Mills SME Initial Rating CRAB-SE 4 - - - 18-Jul-19

648 Fahmida Enterprise SME Initial Rating CRAB-SE 4 - - - 28-May-20

649 Fair Apparels Ltd. Corporate Surveillance - BB1(Lr) ST-4 - 23-Sep-19

650 Fair Electric SME Initial Rating CRAB-SE 4 - - - 12-Jun-20

651 Faisal Hardware Store SME Initial Rating CRAB-SE 3 - - - 26-Sep-19

652 Faisal Machinery Store and Hardware SME Initial Rating CRAB-SE 4 - - - 15-Jun-20

653 Faisal Traders & It’s Sister Concern (Monir & Brothers)SME Initial Rating CRAB-SE 3 - - - 24-Apr-20

654 Fakir Apparels Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable 30-Nov-19

655 Fakir Fashion Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 30-Jun-19

656 Fakir Flour & Daul Mill SME Surveillance CRAB-ME 2 - - - 07-Jun-20

657 Fakir International SME Surveillance CRAB-SE 3 - - - 10-Jun-20

658 Fakir Knitwears Ltd. Corporate Surveillance AA1 AA1(Lr) ST-2 Stable 31-Dec-19

659 Fame Apparels Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 27-Sep-19

660 Fame Design Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 27-Sep-19

661 FAMKAM Dyeing Limited Corporate Initial Rating - BBB3(Lr) - - 31-Oct-19

662 FAMKAM Fashion Limited Corporate Initial Rating - BBB3(Lr) - - 31-Oct-19

663 FAMKAM Printing Limited Corporate Initial Rating - BBB3(Lr) - - 31-Oct-19

664 Farheen Auto Flour Mill SME Surveillance CRAB-SE 4 - - - 03-May-20

665 Farid Labels SME Surveillance CRAB-ME 3 - - - 31-Dec-19

666 Farmland Green Auto Bricks Ltd. Corporate Initial Rating - BBB3(Lr) - - 13-Feb-20

667 Faruk Dugdha Khamar SME Initial Rating CRAB-SE 4 - - - 27-Mar-20

668 Faruk Enerprise SME Initial Rating CRAB-SE 3 - - - 15-Aug-19

669 Faruk Textile SME Surveillance CRAB-ME 3 - - - 31-Dec-19

670 Farzana Oil Refineries Ltd. Corporate Surveillance AAA AAA(Lr) ST-1 Stable 31-Dec-19

671 Fashion Flash Ltd. Corporate Surveillance - BBB1(Lr) ST-3 - 27-Mar-20

672 Fashion Products Ltd. Corporate Initial Rating BBB3(Pr) - - - 07-Jul-19

673 Fashion Step Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 14-Mar-20

674 FASN Corporation SME Surveillance CRAB-SE 4 - - - 13-Sep-19

675 Faststream Logistics Ltd. Corporate Surveillance - BBB3(Lr) - - 10-Feb-20

676 Fatema Cloth Store SME Initial Rating CRAB-SE 4 - - - 26-Dec-19

677 Fatema Corporation SME Surveillance CRAB-SE 4 - - - 28-Dec-19

678 Fatema Gani Enterprise SME Initial Rating CRAB-SE 4 - - - 06-Feb-20

679 Fatema Hardware & Electric Paints SME Surveillance CRAB-SE 3 - - - 19-Sep-19

680 Fatema Traders SME Surveillance CRAB-SE 4 - - - 17-Dec-19

681 Fawn Energy Ltd. Corporate Initial Rating BBB3(Pr) - - - 31-Aug-19

682 Fawn Engineering & Electronics SME Initial Rating CRAB-SE 3 - - - 23-Jun-20

683 Fazar Ali Enterprise SME Initial Rating CRAB-SE 3 - - - 18-Jun-20

684 Fazlur Rahman SME Surveillance CRAB-SE 3 - - - 31-Oct-19

685 FCI (BD) Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 15-Feb-20

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

15

Page 16: Rating Update -June 2019 (Update up to 30 June 2019) · 2019. 7. 24. · Rating Update -June 2019 (Update up to 30 June 2019) Sl No. Name of Client/Company Company/ Rating Type Entity

Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

686 Ferdaous Steel Corporation Corporate Surveillance - BBB3(Lr) ST-3 - 10-Sep-19

687 Feroza Bricks Masnufacturing Co. SME Initial Rating CRAB-ME 4 - - - 28-May-20

688 Feroza Steel SME Surveillance CRAB-ME 3 - - - 25-Jul-20

689 Ferro Alloy Co. (Pvt) Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 30-Sep-19

690 Fiat Fashion Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 15-Dec-19

691 Fiber@Home Global Ltd. Corporate Surveillance BBB1 BBB1(Lr) - Stable 30-Nov-19

692 Fiber@Home Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 13-Feb-20

693 Finlay Properties Ltd. Corporate Initial Rating BBB2 BBB2(Lr) ST-3 Stable 15-May-20

694 Firoz Traders SME Surveillance CRAB-SE 4 - - - 01-Feb-20

695 First Dhaka Elevated Expressway Co. Ltd. (FDEECL) Corporate Surveillance - A3(Lr) - - 30-Jun-19

696 First Iron & Steel Trading SME Surveillance CRAB-SE 3 - - - 21-Mar-20

697 Fishtech (BD) Ltd. SME Initial Rating CRAB-ME 2 - - - 22-May-20

698 Five Star Ice & Clod Storage Ltd. Corporate Surveillance - A2(Lr) ST-3 - 30-Jun-20

699 Fiza & Co (Pvt) Ltd. Corporate Initial Rating - BBB2(Lr) ST-3 - 28-Nov-19

700 Fizu Store SME Surveillance CRAB-SE 3 - - - 07-Dec-19

701 Flora Limited Corporate Surveillance A3 A3(Lr) ST-3 Stable 17-Apr-20

702 Flyer Travel Express Ltd. SME Surveillance CRAB-ME 3 - - - 07-Mar-20

703 FM Pet Industries SME Initial Rating CRAB-SE 3 - - - 26-Jun-20

704 Focus Apparels (BD) Limited SME Surveillance CRAB-SE 4 - - - 18-Jul-19

705 Fortune Apparels Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 29-Dec-19

706 Fortune Navigation Corporate Surveillance - BBB3(Lr) - - 08-Nov-19

707 Four H Apparels Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 29-Sep-19

708 Four H Dyeing & Printing Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 15-Mar-20

709 Four H Fashion Ltd. Corporate Surveillance A1 A1(Lr) ST-2 Stable 30-Jun-20

710 Four H Lingerie Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 29-Sep-19

711 Friends Food And Snacks Ltd. SME Initial Rating CRAB-ME 3 - - - 19-Feb-20

712 Friends Trading Corporation SME Initial Rating CRAB-SE 4 - - - 15-Aug-19

713 Fu Wang Foods Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 30-Jun-19

714 Fuji Knitwears Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 07-Mar-20

715 Furuk Traders SME Initial Rating CRAB-SE 3 - - - 13-Feb-20

716 Fusion Accessories (BD) Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 27-Jul-19

717 Future Agro Complex (Pvt) Ltd. Corporate Surveillance - BB1(Lr) ST-3 - 04-Jan-20

718 Future Agro Complex (Pvt) Ltd. Corporate Surveillance - BB1(Lr) - - 04-Jan-20

719 Fu-Wang Ceramic Industry Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 28-Feb-20

720 G M Properties Ltd. SME Surveillance CRAB-SE 4 - - - 18-Jun-20

721 G Net Digital Communacation SME Surveillance CRAB-ME 3 - - - 20-Dec-19

722 Gaffar Iron Store SME Surveillance CRAB-SE 4 - - - 29-Mar-20

723 Gafur Enterprise SME Surveillance CRAB-SE 4 - - - 05-Sep-19

724 Galaxy Aviation Services Ltd. Corporate Surveillance - A3(Lr) ST-3 - 30-Sep-19

725 Galaxy Facilitation Service Ltd. Corporate Surveillance - A3(Lr) - - 30-Sep-19

726 Galaxy Holidays Ltd. Corporate Surveillance - - ST-2 - 30-Sep-19

727 Galaxy Hotels & Resorts Ltd. Corporate Surveillance - BBB3(Lr) - - 30-Sep-19

728 Galaxy Lines Ltd. Corporate Surveillance BB1 - - Stable 30-Sep-19

729 Galaxy Travel International Corporate Surveillance - - ST-2 - 30-Sep-19

730 Galaxy World Logistic Ltd. Corporate Surveillance - A3(Lr) ST-2 - 30-Sep-19

731 Galco Steel (Bangladesh) Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 30-Dec-19

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

16

Page 17: Rating Update -June 2019 (Update up to 30 June 2019) · 2019. 7. 24. · Rating Update -June 2019 (Update up to 30 June 2019) Sl No. Name of Client/Company Company/ Rating Type Entity

Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

732 Gaowsiya Aziziya Enterprise SME Initial Rating CRAB-SE 3 - - - 19-Sep-19

733 Garib-E-Newaz Clod Storage Ltd. Corporate Surveillance - A2(Lr) ST-3 - 30-Jun-20

734 Gateway Real Estate Development Corporate Surveillance - BB1(Lr) - - 29-Sep-19

735 Gausia Motors SME Initial Rating CRAB-SE 4 - - - 12-Sep-19

736 Gazi Fish Feed, Poultry Feed & Fisheries SME Surveillance CRAB-SE 3 - - - 23-May-20

737 Gazi Jute International SME Initial Rating CRAB-SE 3 - - - 28-Jun-20

738 Gazi Library SME Initial Rating CRAB-SE 4 - - - 28-Nov-19

739 Gazi Renewable Energy Company Ltd. Corporate Initial Rating BBB3 BBB3(Lr) - Stable 12-Jun-20

740 Gazipore & Marzapore Tea Estates (BD) Ltd. Corporate Surveillance A3 A3(Lr) ST-2 Stable 15-Dec-19

741 GBX Logistics Ltd. Corporate Surveillance - A2(Lr) ST-2 - 30-Sep-19

742 General Pharmaceuticals Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable 31-Dec-19

743 General Scientific Company Ltd. SME Surveillance CRAB-SE 4 - - - 12-Dec-19

744 General Trading Company Corporate Surveillance - BBB2(Lr) ST-3 - 30-Dec-19

745 Genetic Limited Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 30-Dec-19

746 German Bangladesh Machine and steel SME Surveillance CRAB-SE 4 - - - 28-Jun-20

747 Ghazi Real Estate Ltd. SME Surveillance CRAB-SE 3 - - - 05-Dec-19

748 Giant Textiles Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable 30-Aug-19

749 Gias Uddin Textile SME Surveillance CRAB-SE 4 - - - 29-Aug-19

750 Gift Gallery SME Surveillance CRAB-SE 3 - - - 27-Jun-20

751 Glasstech Ltd. SME Surveillance CRAB-SE 3 - - - 30-Jun-19

752 Global Brand (Pvt) Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 31-Dec-19

753 Global Impex SME Surveillance CRAB-SE 4 - - - 02-Mar-20

754 Global Knitwear Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 18-Nov-19

755 Global Trims Industries Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-4 Stable 12-Sep-19

756 Global Vision SME Surveillance CRAB-SE 3 - - - 19-Sep-19

757 Globe Agrovet Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 31-Oct-19

758 Globe Biscuits & Dairy Milk Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 31-Oct-19

759 Globe Drugs Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 31-Oct-19

760 Globe Edible Oil Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 31-Oct-19

761 Globe Fisheries Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 31-Oct-19

762 Globe Pharmaceuticals Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 31-Oct-19

763 Globe Soft Drinks Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable 31-Oct-19

764 Globex Marketing Company Ltd. Corporate Surveillance A3 A3(Lr) ST-1, ST-3 Stable 30-Sep-19

765 Glorious Fish & Meat Ltd. SME Surveillance CRAB-SE 4 - - - 24-Feb-20

766 Glorious Scientific SME Surveillance CRAB-SE 4 - - - 20-Dec-19

767 Glory Recycling Oil Industries Ltd. SME Surveillance CRAB-SE 3 - - - 21-Sep-19

768 GM Engineers SME Surveillance CRAB-SE 3 - - - 30-Dec-19

769 Gold Star Electronics SME Surveillance CRAB-SE 3 - - - 06-Jun-20

770 Golden Electronics SME Surveillance CRAB-SE 3 - - - 02-Dec-19

771 Golden Son Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-4, ST-1 Stable 31-Dec-19

772 Golden Star Industries Ltd. Corporate Initial Rating - BB3(Lr) ST-4 - 31-Oct-19

773 Golden Traders Corporate Surveillance - BBB3(Lr) ST-3 - 29-Sep-19

774 Good Rich Sweaters Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 30-Jun-19

775 Gousia Mill Store SME Initial Rating CRAB-SE 3 - - - 06-Feb-20

776 Gram Bangla Tubes Ltd. Corporate Surveillance - - ST-4 - 30-Jun-20

777 Grameen Tubes & Bulbs Co. SME Initial Rating CRAB-SE 4 - - - 27-Mar-20

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

17

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Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

778 Grand Palace Hotel & Resort Ltd. Corporate Initial Rating BBB3(Pr) - - - 31-Jul-19

779 Grand Trading Enterprise Ltd. Corporate Surveillance B1 B1(Lr) ST-5 Negative 03-Sep-19

780 Grand Zam Zam Tower Ltd. Corporate Surveillance - BBB3(Lr) - - 30-Nov-19

781 Graphics Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 10-Dec-19

782 Graphics Textiles Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 27-Mar-20

783 Great Wall Ceramics Industries Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 29-Jun-20

784 Green Biz International SME Initial Rating CRAB-SE 4 - - - 17-Oct-19

785 Green Grain Cashew Processing Industry SME Initial Rating CRAB-ME 3 - - - 31-Oct-19

786 Green Grain International SME Initial Rating CRAB-SE 3 - - - 31-Dec-19

787 Green Granite & Marble Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 31-Mar-20

788 Green View Resort & Convention Center Ltd. SME Initial Rating CRAB-SE 4 - - - 06-Feb-20

789 Greenland Apparels Ltd. SME Surveillance CRAB-ME 4 - - - 05-Aug-19

790 Greenstone Knitwears Ltd. SME Surveillance CRAB-SE 3 - - - 20-Sep-19

791 GS Sweaters Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-3 Stable 30-Nov-19

792 GSM Trading SME Surveillance CRAB-SE 3 - - - 20-Jun-20

793 GTA Sports Ltd. Corporate Surveillance - BB1(Lr) ST-4 - 29-Mar-20

794 Gulf Knitting & Textile Ltd. Corporate Surveillance - BB1(Lr) ST-4 - 24-Nov-19

795 H & H Digital Equipment SME Initial Rating CRAB-SE 3 - - - 25-Jul-19

796 H A S Distribution SME Surveillance CRAB-SE 3 - - - 19-Dec-19

797 H B Traders SME Initial Rating CRAB-SE 3 - - - 26-Dec-19

798 H Bricks SME Surveillance CRAB-SE 4 - - - 10-Oct-19

799 H I Apparels Ltd. SME Surveillance CRAB-ME 3 - - - 20-May-20

800 H K Steel Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 31-Dec-19

801 H M Rahman LPG Gas Plant SME Surveillance CRAB-SE 4 - - - 22-Oct-19

802 H R Corporation SME Surveillance CRAB-SE 3 - - - 17-May-20

803 H R Transport Agency SME Surveillance CRAB-ME 2 - - - 17-Apr-20

804 H S Corporation Corporate Surveillance - BBB3(Lr) ST-3 - 08-Jun-20

805 H S Haque & Sons SME Initial Rating CRAB-ME 3 - - - 25-Jul-19

806 Habib & Sons SME Surveillance CRAB-SE 4 - - - 21-Dec-19

807 Habib Aggregate Industries SME Surveillance CRAB-SE 3 - - - 18-Apr-20

808 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

809 Habib CNG Filling Station SME Surveillance CRAB-SE 3 - - - 24-Jan-20

810 Habib Filling Station SME Surveillance CRAB-SE 3 - - - 08-May-20

811 Habib Store & its Sister Concern SME Initial Rating CRAB-SE 4 - - - 23-Jan-20

812 Habiganj Agro Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable 30-Nov-19

813 Haider International SME Surveillance CRAB-SE 4 - - - 19-Dec-19

814 Haider Machinaries Corporate Surveillance - BBB3(Lr) ST-3 - 21-Mar-20

815 Haider Machinery Store Corporate Surveillance - - ST-3 - 20-May-20

816 Haider Motors Corporate Surveillance - - ST-3 - 17-Feb-20

817 Hajee Automobiles Corporate Surveillance - BBB2(Lr) ST-3 - 30-Jun-20

818 Hajee Badsha Meah & Sons SME Surveillance CRAB-SE 3 - - - 29-Dec-19

819 Haji Abdul Motalib Auto Rice Mill SME Surveillance CRAB-SE 3 - - - 26-Sep-19

820 Haji Gous Miah SME Initial Rating CRAB-SE 2 - - - 01-May-20

821 Haji Kabir Traders SME Surveillance CRAB-SE 3 - - - 20-Sep-19

822 Haji Motiur Rahman & Sons SME Surveillance CRAB-SE 3 - - - 30-Dec-19

823 Haji Store SME Initial Rating CRAB-SE 4 - - - 28-May-20

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

18

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Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

824 Haji Traders SME Initial Rating CRAB-SE 4 - - - 03-Oct-19

825 Hakim Chaul Kall SME Surveillance CRAB-SE 4 - - - 07-Mar-20

826 Hakkani Enterprise SME Initial Rating CRAB-SE 3 - - - 25-Jul-19

827 Halima Enterprise SME Initial Rating CRAB-SE 3 - - - 28-Jun-20

828 Halima Poultry & Hatchery Ltd. Corporate Initial Rating BBB2 - - Stable 05-Sep-19

829 Halima Telecom Corporate Initial Rating - BBB3(Lr) ST-4 - 19-Dec-19

830 Halishahar Mart Corporate Initial Rating - BBB3(Lr) ST-3 - 28-Nov-19

831 Hamdan Steel SME Surveillance CRAB-SE 3 - - - 11-Sep-19

832 Hamdard Laboratories (WAQF) Bangladesh Corporate Surveillance AA3 AA3(Lr) ST-3 Stable 13-Dec-19

833 Hamid & Sons Auto Rice Mill SME Initial Rating CRAB-SE 4 - - - 28-Jun-20

834 Hamid Fabrics Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 31-Dec-19

835 Hamid Steel Re-Rolling Mills SME Initial Rating CRAB-ME 3 - - - 17-Oct-19

836 Hamid Traders SME Surveillance CRAB-SE 3 - - - 02-Nov-19

837 Hamid Weaving Mills Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 30-Jun-19

838 Hamida Agro Prouty Corporation SME Surveillance CRAB-SE 4 - - - 26-Dec-19

839 Hamida Plastic Ltd. Corporate Surveillance AA1 AA1(Lr) ST-1 Stable 31-Dec-19

840 Hanto Engineering and Foundry SME Initial Rating CRAB-SE 3 - - - 27-Mar-20

841 Happy Traders SME Initial Rating CRAB-SE 3 - - - 26-Sep-19

842 Haq’s Bay Automobiles Ltd. Corporate Initial Rating - BB1(Lr) ST-4 - 10-Apr-20

843 Haque & Sons SME Surveillance CRAB-ME 4 - - - 26-Jul-19

844 Haque & Sons (IBBL) SME Surveillance CRAB-SE 4 - - - 15-Sep-19

845 Haque and Company Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 31-Mar-20

846 Haque Auto Drayer Rice Mill SME Initial Rating CRAB-SE 3 - - - 21-Nov-19

847 Haque Auto Rice Mill SME Initial Rating CRAB-SE 4 - - - 17-Apr-20

848 Haque Auto Rice Mill (Unit-3) SME Initial Rating CRAB-SE 4 - - - 17-Apr-20

849 Haque Chemicals Enterprise SME Surveillance CRAB-SE 3 - - - 17-Oct-19

850 Haque Enterprise SME Surveillance CRAB-SE 3 - - - 27-Jun-20

851 Haque Food Industries Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 07-Feb-20

852 Haque Poultry SME Initial Rating CRAB-SE 3 - - - 24-Apr-20

853 Haque Tiles Collection SME Initial Rating CRAB-SE 4 - - - 14-Nov-19

854 Harrods Knit Wear Ltd. Corporate Surveillance - BB1(Lr) ST-4 - 20-Dec-19

855 Harun Enterprise SME Initial Rating CRAB-SE 4 - - - 30-Mar-20

856 Harun Flour Mills Ltd. Corporate Surveillance - BBB3(Lr) - - 30-Apr-20

857 Harun Tower SME Initial Rating CRAB-SE 4 - - - 31-Oct-19

858 Hasan Ali Khan SME Surveillance CRAB-SE 4 - - - 06-Jun-20

859 Hasan and Brothers SME Initial Rating CRAB-SE 4 - - - 13-Feb-20

860 Hasan Book Depot Corporate Surveillance - BBB1(Lr) ST-3 - 20-Aug-19

861 Hasan Chaul Kal SME Surveillance CRAB-SE 4 - - - 26-Jul-19

862 Hasan Enterprise SME Initial Rating CRAB-SE 3 - - - 30-Mar-20

863 Hasan Flour Mills Ltd. Corporate Surveillance AA1 AA1(Lr) ST-1 Stable 31-Dec-19

864 Hasan Store SME Initial Rating CRAB-SE 4 - - - 10-Oct-19

865 Hasan Telecom and Electronics SME Initial Rating CRAB-SE 4 - - - 07-Nov-19

866 Hasen Ali SME Initial Rating CRAB-SE5 - - - 28-Jun-20

867 Hasen Cold Storage Ltd. Corporate Initial Rating - B1(Lr) ST-5 - 28-Jun-20

868 Hasen Jute Industries Ltd. Corporate Initial Rating - B1(Lr) ST-5 - 28-Jun-20

869 Hashem Bricks Manufacturing SME Initial Rating CRAB-SE 4 - - - 13-Feb-20

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

19

Page 20: Rating Update -June 2019 (Update up to 30 June 2019) · 2019. 7. 24. · Rating Update -June 2019 (Update up to 30 June 2019) Sl No. Name of Client/Company Company/ Rating Type Entity

Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

870 Hasib Chaul Kal Corporate Surveillance - - ST-3 - 28-Sep-19

871 Hasib Electric Corporate Surveillance - - ST-3 - 30-Jun-20

872 Hasna Textile SME Initial Rating CRAB-SE 3 - - - 22-May-20

873 Hassan Brothers Corporate Surveillance - BBB1(Lr) ST-3 - 14-Nov-19

874 Have International SME Initial Rating CRAB-SE 3 - - - 26-Jun-20

875 Hazi Dil Mohammad Enterprise SME Initial Rating CRAB-SE 4 - - - 29-Aug-19

876 Hazi Enterprise SME Surveillance CRAB-SE 3 - - - 19-Dec-19

877 Hazi Gofur Enterprise SME Surveillance CRAB-SE 4 - - - 25-Apr-20

878 Hazi Pharmacy SME Surveillance CRAB-SE 4 - - - 10-May-20

879 Hazi Sona Miah Stone Crusher SME Initial Rating CRAB-SE 4 - - - 21-Nov-19

880 Hazi Villa (SME) SME Initial Rating CRAB-SE 4 - - - 06-Feb-20

881 Hedayet & Brothers Corporate Surveillance - BBB2(Lr) ST-3 - 11-Dec-19

882 Hejaj Steel Corporate Surveillance - BBB3(Lr) ST-3 - 30-Jun-19

883 Helal & Co. SME Surveillance CRAB-SE 3 - - - 20-Sep-19

884 Helicon Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 15-Feb-20

885 Herbo laboratories Unani SME Initial Rating CRAB-SE 4 - - - 07-Nov-19

886 Heritage Polymer & Lami Tubes Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 19-Mar-20

887 Highway Accessories Ltd. SME Initial Rating CRAB-SE 4 - - - 12-Jun-20

888 Highway Bricks SME Initial Rating CRAB-ME 3 - - - 28-May-20

889 Highway Filling Station SME Surveillance CRAB-ME 3 - - - 03-Jun-20

890 Hili Impex SME Surveillance CRAB-SE 3 - - - 19-Dec-19

891 Himalaya Ltd. Corporate Surveillance BB1 BB1(Lr) ST-3 Stable 02-Sep-19

892 Himel Traders SME Initial Rating CRAB-SE 3 - - - 24-Oct-19

893 HKF Group of Industries SME Surveillance CRAB-SE 3 - - - 06-Jun-20

894 HNM Packaging Industries Corporate Surveillance - BBB3(Lr) - - 30-Jun-20

895 HNMJ Fashion Ltd. SME Initial Rating CRAB-SE 4 - - - 28-Jun-20

896 HNS Automobiles Ltd. Corporate Surveillance - A2(Lr) ST-3 - 30-Oct-19

897 Home Pest Control Ltd. And Its Sister Concern (Rahman Pesticide & Chemicals Co.)SME Surveillance CRAB-SE 3 - - - 06-Feb-20

898 Hong Kong Denim(Pvt.) Ltd. Corporate Surveillance BB1 BB1(Lr) ST-4 Stable 17-Oct-19

899 Hoque Traders SME Surveillance CRAB-SE 3 - - - 16-May-20

900 Horayss And Company Ltd. SME Surveillance CRAB-SE 5 - - - 27-Mar-20

901 Horizon Fashion Wear Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 15-Dec-19

902 Hossain & Brothers SME Surveillance CRAB-SE 4 - - - 15-Dec-19

903 Hossain Brothers (AB Bank) SME Surveillance CRAB-SE 4 - - - 18-Oct-19

904 Hossain Electronics SME Surveillance CRAB-SE 4 - - - 10-May-20

905 Hossain Enterprise Corporate Surveillance - - ST-4 - 30-Nov-19

906 Hossain Enterprise (Ctg) SME Surveillance CRAB-ME 3 - - - 02-Dec-19

907 Hossain Traders SME Surveillance CRAB-ME 3 - - - 26-Jun-20

908 Hossainia Flour Mills SME Surveillance CRAB-SE 3 - - - 21-Mar-20

909 Hossan & Brothers SME Initial Rating CRAB-SE 3 - - - 19-Feb-20

910 HRC Technologies Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable 31-Aug-19

911 HRM Accessories Ltd. SME Surveillance CRAB-ME 4 - - - 15-Sep-19

912 HRM Corporation SME Initial Rating CRAB-ME 2 - - - 19-Dec-19

913 HTMS Packaging Industries Ltd. Corporate Surveillance - BBB2(Lr) ST-4 - 11-Jul-19

914 Hujaifa Builders SME Surveillance CRAB-SE 4 - - - 26-Dec-19

915 Hujaifa Enterprise SME Surveillance CRAB-SE 3 - - - 30-Dec-19

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

20

Page 21: Rating Update -June 2019 (Update up to 30 June 2019) · 2019. 7. 24. · Rating Update -June 2019 (Update up to 30 June 2019) Sl No. Name of Client/Company Company/ Rating Type Entity

Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

916 Huma Trims Ltd. SME Surveillance CRAB-SE 3 - - - 17-May-20

917 Humayun Enterprise SME Surveillance CRAB-SE 3 - - - 24-Oct-19

918 Humayun Enterprise-2 SME Surveillance CRAB-SE 3 - - - 24-Oct-19

919 Hyder Automobiles SME Surveillance CRAB-SE 3 - - - 20-Jun-20

920 Hydroxide Knitwear Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 30-Dec-19

921 I.Q Knit & Fabrics and Its sister concern (Iqbal Hardware and paints)SME Initial Rating CRAB-SE 3 - - - 06-Feb-20

922 Ibrahim Knit Garments (Pvt.) Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 15-Dec-19

923 ICS Drug Corner (SME) SME Initial Rating CRAB-SE 3 - - - 15-May-20

924 Ideal Electrical Enterprise Ltd. Corporate Surveillance - - ST-3 - 15-May-20

925 Ideal Printing House Corporate Initial Rating - BBB3(Lr) ST-3 - 21-Mar-20

926 IFAD Autos Ltd. Corporate Surveillance AA2 AA2(Lr) ST-3 Stable 15-Mar-20

927 IFAD Motors Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 26-Jun-20

928 IFAD Multi Products Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 28-Feb-20

929 Image and its Sister Concern Alaluddin Brothers SME Surveillance CRAB-SE 4 - - - 08-May-20

930 Imcotex Corporate Surveillance - - ST-4 - 18-Nov-19

931 Impex International Corporate Surveillance - BBB3(Lr) - - 14-Dec-19

932 Impex Trade International SME Surveillance CRAB-SE 2 - - - 30-Apr-20

933 Impress-Newtex Composite Textiles Ltd. Corporate Initial Rating A3 A3(Lr) ST-3 Stable 30-Dec-19

934 Index Agro Industries Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Sep-19

935 Infer International SME Surveillance CRAB-SE 4 - - - 27-Sep-19

936 Infinity Engineering Ltd. & Its Sister Concern Razu EnterpriseSME Surveillance CRAB-SE 3 - - - 18-Jun-20

937 Information Technology Consultants Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 30-Dec-19

938 Innovative International SME Surveillance CRAB-SE 4 - - - 19-Feb-20

939 INTEFA Corporate Surveillance - - ST-3 - 30-Jun-19

940 Integrated Power & Engineering SME Initial Rating CRAB-SE 3 - - - 12-Sep-19

941 Integrated Security Services Ltd. Corporate Surveillance - BBB3(Lr) - - 24-Mar-20

942 Interlink Accessories Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 31-Dec-19

943 Interlink Apparels Corporate Surveillance - BBB3(Lr) ST-3 - 31-Dec-19

944 Interlink Dresses Corporate Surveillance - BBB3(Lr) ST-3 - 31-Dec-19

945 Interna Plastic Products Ltd. SME Surveillance CRAB-SE 3 - - - 23-Aug-19

946 International Trading Services Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 20-Sep-19

947 Intimate printing & Packaging Corporate Surveillance - - ST-3 - 22-Oct-19

948 Intimates Elastic Industries Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 30-Mar-20

949 Iqbal Enterprise SME Surveillance CRAB-SE 4 - - - 16-Aug-19

950 Iqbal Traders SME Surveillance CRAB-SE 4 - - - 10-Oct-19

951 Iqbal Trading Corpora Corporate Surveillance - - ST-3 - 28-May-20

952 Iqramul Haque Store SME Surveillance CRAB-SE 3 - - - 08-Aug-19

953 Irfan Traders SME Surveillance CRAB-SE 4 - - - 15-Nov-19

954 Irfat Enterprise SME Surveillance CRAB-SE 4 - - - 15-Nov-19

955 Ishfar Oil Mills Ltd. Corporate Initial Rating BBB2 BBB2(Lr) ST-3 Stable 15-May-20

956 Islam Brothers & Co. Corporate Surveillance - BBB1(Lr) ST-3 - 30-Nov-19

957 Islam Engineering Co. SME Surveillance CRAB-SE 3 - - - 17-Feb-20

958 Islam Enterprise SME Initial Rating CRAB-SE 3 - - - 26-Jun-20

959 Islam Foam Traders SME Initial Rating CRAB-SE 3 - - - 24-Apr-20

960 Islam Garments SME Surveillance CRAB-SE 4 - - - 30-Mar-20

961 Islam Garments Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 30-Jun-19

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

21

Page 22: Rating Update -June 2019 (Update up to 30 June 2019) · 2019. 7. 24. · Rating Update -June 2019 (Update up to 30 June 2019) Sl No. Name of Client/Company Company/ Rating Type Entity

Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

962 Islam Knit Design Ltd. Corporate Surveillance - A3(Lr) ST-3 - 31-Dec-19

963 Islam Pack & Accessories Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 30-Sep-19

964 Islam Trading SME Surveillance CRAB-SE 4 - - - 14-Jun-20

965 Islam Trading Corporation SME Surveillance CRAB-SE 3 - - - 12-Sep-19

966 Islamia Poultry Feed & Its Sister Concern Fahim TradersSME Surveillance CRAB-SE 4 - - - 20-Dec-19

967 Islampur Trading SME Surveillance CRAB-SE 4 - - - 29-Aug-19

968 Ismail Enterprise & Its Sister Concern (M S Traders) SME Surveillance CRAB-SE 3 - - - 29-Nov-19

969 Ismail Hossain SME Surveillance CRAB-SE 3 - - - 08-May-20

970 Ispahani Agro Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Dec-20

971 Ispahani Foods Ltd. Corporate Surveillance A3 A3(Lr) ST-2 Stable 15-Dec-19

972 Ispahani Marshal Limited Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 15-Dec-19

973 Ispahani Tea Ltd. Corporate Surveillance A2 A2(Lr) ST-2 Stable 15-Dec-19

974 J B Cylinder Ltd. Corporate Surveillance CRAB-ME 3 - - - 15-Mar-20

975 J B L Trading SME Initial Rating CRAB-SE 4 - - - 30-Dec-19

976 J H Enterprise and Its sister Consern M/s Jubayer Enterprise SME Surveillance CRAB-SE 3 - - - 25-Jul-19

977 J I Enterprise SME Initial Rating CRAB-SE 4 - - - 24-Oct-19

978 J J Knitting SME Surveillance CRAB-SE 4 - - - 27-Sep-19

979 J K Cotton Mills Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 31-Dec-19

980 J K International Corporate Surveillance - - ST-4 - 30-Jun-19

981 J K Knit Composite Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 31-Dec-19

982 J k Sanittary SME Surveillance CRAB-SE 4 - - - 04-Nov-19

983 J K Spinning Mills Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 31-Dec-19

984 J K Synthetic Mills Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 31-Dec-19

985 J S Construction SME Initial Rating CRAB-SE 4 - - - 06-Mar-20

986 J S Fish Traders SME Initial Rating CRAB-SE 3 - - - 01-May-20

987 J S M Corporation SME Initial Rating CRAB-SE 3 - - - 24-Apr-20

988 J S Motors Store SME Initial Rating CRAB-SE 4 - - - 29-Aug-19

989 Jaantex Industries Ltd. Corporate Surveillance BBB2 - ST-1,ST-2, ST-3 Stable 29-Aug-19

990 Jabal E Nur International SME Initial Rating CRAB-SE 3 - - - 05-Sep-19

991 Jabbaria Enterprise SME Surveillance CRAB-ME 4 - - - 08-Mar-20

992 Jabed Agro Food Processing Ltd. Corporate Initial Rating - BBB3(Lr) - - 13-Mar-20

993 Jabreen International Corporate Surveillance - BBB3(Lr) ST-3 - 29-May-20

994 Jahangir & Others Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 15-Dec-19

995 Jahangir Store SME Initial Rating CRAB-SE 3 - - - 29-Aug-19

996 Jahid Enterprise SME Surveillance CRAB-SE 4 - - - 24-Oct-19

997 Jamal Traders SME Initial Rating CRAB-SE 4 - - - 28-Nov-19

998 Jamuna CNG Station SME Surveillance CRAB-SE 3 - - - 15-Apr-20

999 Jamuna Edible Oil Industries Corporate Surveillance - BB2(Lr) ST-4 - 31-Dec-19

1000 Jamuna Edible Oil Industries Ltd. Unit-2 Corporate Surveillance - BB2(Lr) ST-4 - 07-Jun-20

1001 Jamuna Jute Industries Ltd. Corporate Surveillance - BB1(Lr) ST-4 - 31-Dec-19

1002 Jamuna National Park SME Surveillance CRAB-ME 4 - - - 15-Apr-20

1003 Jamuna Seeds Storage (Pvt.) Ltd. Corporate Surveillance - BB3(Lr) ST-4 - 31-Dec-19

1004 Janani Glass & Thai Aluminium SME Initial Rating CRAB-SE 4 - - - 15-Aug-19

1005 Janata Auto Center SME Initial Rating CRAB-SE 3 - - - 26-Dec-19

1006 Janata Flour & Rice Mill & its Sistar Concern Janata Oil Mill (SME)SME Initial Rating CRAB-SE 3 - - - 06-Mar-20

1007 Janata Printing & Packaging Industries SME Initial Rating CRAB-ME 3 - - - 28-Nov-19

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

22

Page 23: Rating Update -June 2019 (Update up to 30 June 2019) · 2019. 7. 24. · Rating Update -June 2019 (Update up to 30 June 2019) Sl No. Name of Client/Company Company/ Rating Type Entity

Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

1008 Janata Traders SME Initial Rating CRAB-SE 4 - - - 18-Jul-19

1009 Jannat Flour Mills SME Surveillance CRAB-ME 3 - - - 30-Jun-20

1010 Jannat Foods SME Initial Rating CRAB-SE 4 - - - 26-Jun-20

1011 Janoni Traders SME Initial Rating CRAB-SE 4 - - - 13-Feb-20

1012 Jans Elastica Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 02-Dec-19

1013 Jarin Corporation SME Initial Rating - BBB2(Lr) ST-3 - 15-May-20

1014 Jarina Metal Works Corporate Surveillance - BB1(Lr) ST-3 - 29-Dec-19

1015 Jashim Traders SME Surveillance CRAB-SE 3 - - - 18-Jul-19

1016 Jasim Traders SME Initial Rating CRAB-SE 4 - - - 28-Nov-19

1017 Jazira Fabric SME Surveillance CRAB-ME 3 - - - 05-Dec-19

1018 JC Printing and Packaging SME Initial Rating CRAB-SE 3 - - - 08-May-20

1019 Jeans Manufacturing Co. Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 19-Sep-19

1020 Jeans Treat Ltd. SME Surveillance CRAB-ME 4 - - - 19-Dec-19

1021 Jewel Enterprise SME Surveillance CRAB-SE 4 - - - 12-Sep-19

1022 Jewel Scrap House SME Surveillance CRAB-SE 4 - - - 26-Dec-19

1023 Jhatika Traders Ltd. SME Surveillance CRAB-ME 4 - - - 19-Jul-19

1024 Jhorna Printers Unit-2 SME Initial Rating CRAB-SE 3 - - - 23-Jun-20

1025 Jhuma Accessories Ltd. SME Surveillance CRAB-SE 3 - - - 17-May-20

1026 Jihan Footwear Pvt. Ltd. SME Surveillance CRAB-ME 3 - - - 24-Feb-20

1027 JL Enterprise SME Initial Rating CRAB-ME 4 - - - 14-Nov-19

1028 JME Packaging SME Initial Rating CRAB-SE 3 - - - 23-Jun-20

1029 JME Trade Link Ltd. SME Surveillance CRAB-SE 4 - - - 22-May-20

1030 JMG International SME Surveillance CRAB-SE 3 - - - 18-Jun-20

1031 JMS Garments Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 15-Dec-19

1032 Jobayada Filling Station and Its Sister Concern SME Initial Rating CRAB-SE 4 - - - 21-Nov-19

1033 Jonaki Traders SME Surveillance CRAB-SE 4 - - - 27-Sep-19

1034 Jononi Traders SME Surveillance CRAB-SE 3 - - - 07-Jan-20

1035 Jonopriyo Flour & Dall Mill SME Initial Rating CRAB-SE 3 - - - 12-Dec-19

1036 Jony & Brothers SME Initial Rating CRAB-SE 4 - - - 28-Nov-19

1037 Joy & 3 Stars Pvt. Ltd. SME Initial Rating CRAB-SE 4 - - - 17-Apr-20

1038 Joy Petroleum SME Surveillance CRAB-SE 5 - - - 30-Jul-19

1039 Joya Enterprise SME Initial Rating CRAB-SE 4 - ST-3 - 05-Sep-19

1040 Joynal Abedin SME Surveillance CRAB-SE 4 - - - 06-Feb-20

1041 Jui Juthi Filling Station SME Initial Rating CRAB-SE 3 - - - 24-Apr-20

1042 Jui Juthi Service Centre SME Initial Rating CRAB-SE 3 - - - 24-Apr-20

1043 Jumara Enterprise SME Initial Rating CRAB-SE 3 - - - 29-Jun-20

1044 Junayed Akbar Enterprise SME Initial Rating CRAB-SE 4 - - - 28-Nov-19

1045 Jupiter Enterprise SME Surveillance CRAB-ME 2 - - - 15-Nov-19

1046 Juvenile Construction Corporate Surveillance - - ST-3 - 30-Nov-19

1047 Juvenile Trade Int’l Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 30-Nov-19

1048 Juventus International and its sister concern SME Initial Rating CRAB-SE 3 - - - 18-Jun-20

1049 Juyairia International SME Initial Rating CRAB-SE 3 - - - 17-Apr-20

1050 K B Traders Corporate Surveillance - - ST-3 - 30-Dec-19

1051 K M Traders SME Surveillance CRAB-SE 4 - - - 07-Mar-20

1052 K S Farms SME Surveillance CRAB-SE 4 - - - 24-Feb-20

1053 K T Dal Mill Corporate Surveillance CRAB-SE 4 - - - 15-Jun-20

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

23

Page 24: Rating Update -June 2019 (Update up to 30 June 2019) · 2019. 7. 24. · Rating Update -June 2019 (Update up to 30 June 2019) Sl No. Name of Client/Company Company/ Rating Type Entity

Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

1054 Kader and Grand Sons SME Initial Rating CRAB-SE 3 - - - 15-Aug-19

1055 Kalipada & Sons SME Initial Rating CRAB-SE 3 - - - 10-Oct-19

1056 Kamal Iron Mart SME Surveillance CRAB-SE 3 - - - 30-Aug-19

1057 Kamal Kanti Saha SME Surveillance CRAB-SE 3 - - - 21-Sep-19

1058 Kamal Motors Oil & Parts SME Surveillance CRAB-SE 3 - - - 21-Sep-19

1059 Kamal Store SME Initial Rating CRAB-SE 4 - - - 10-Oct-19

1060 Kamarjani Traders SME Surveillance CRAB-SE 3 - - - 06-Mar-20

1061 Karim & Sons SME Initial Rating CRAB-SE 4 - - - 29-Aug-19

1062 Karim Spinning Mills Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 18-Jun-20

1063 Karim Store SME Surveillance CRAB-SE 3 - - - 23-Jun-20

1064 Karim Textiles Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 18-Jun-20

1065 Karim Trading Corporation Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 27-Sep-19

1066 Karnafully Traders SME Initial Rating CRAB-SE 3 - - - 28-Dec-19

1067 Karnaphuli Travel Agency Ltd. SME Initial Rating CRAB-SE 4 - - - 24-Apr-20

1068 Karooni Knit Composite Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 30-Dec-19

1069 Karotoa Spinning Mills Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 30-Dec-19

1070 Kartik Store (SME_Surveillance) SME Surveillance CRAB-SE 3 - - - 19-Feb-20

1071 kashipur Boil Salt Washing Factory SME Surveillance CRAB-SE 3 - - - 27-Sep-19

1072 Kasundi Restora Ltd. SME Surveillance CRAB-ME 3 - - - 30-Dec-19

1073 Kaveri Sweaters Ltd. Corporate Initial Rating A2 A2(Lr) ST-3 Stable 01-Aug-19

1074 Kawsar Corpration & its sister Concern SME Initial Rating CRAB-SE 3 - - - 08-Aug-19

1075 Kazi Travels & Tours SME Surveillance CRAB-ME 3 - - - 10-Oct-19

1076 Kazipur Fashions Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Jun-20

1077 KB International SME Initial Rating CRAB-SE 3 - - - 28-Jun-20

1078 Kemiko Pharmaceuticals Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 30-Dec-19

1079 Kentucky Knit Composite Ltd. Corporate Surveillance - BB1(Lr) ST-4 - 26-Jul-19

1080 Kentucky Textile Ltd. Corporate Surveillance - BB1(Lr) ST-4 - 26-Jul-19

1081 Khagrachari Stone Suppliers SME Initial Rating CRAB-SE 4 - - - 27-Mar-20

1082 Khaja Air Liner SME Initial Rating CRAB-SE 4 - - - 26-Dec-19

1083 Khaja Polythine Mart SME Surveillance CRAB-SE 3 - - - 09-Dec-19

1084 Khaled Trade International Corporate Surveillance - B2(Lr) ST-5 - 29-May-20

1085 Khalek Iron Store SME Initial Rating CRAB-SE 3 - - - 19-Sep-19

1086 Khaleq Enterprise SME Surveillance CRAB-SE 4 - - - 30-Dec-19

1087 Khalil & Sons SME Surveillance CRAB-SE 3 - - - 13-Mar-20

1088 Khalispur Jute Mills Limited Corporate Initial Rating - B3(Lr) ST-5 - 03-Oct-19

1089 Khan & Sons Auto Rice Mill Corporate Surveillance - BBB3(Lr) ST-3 - 05-Aug-19

1090 Khan Auto Rice Mill SME Initial Rating CRAB-SE 4 - - - 03-Oct-19

1091 Khan Brothers CNG (Pvt) Limited SME Surveillance CRAB-ME 3 - - - 06-Feb-20

1092 Khan Brothers Ship Building Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable 29-Jun-20

1093 Khan Enterprise SME Surveillance CRAB-SE 4 - - - 26-Sep-19

1094 Khan Jahan Ali Timber Complex SME Initial Rating CRAB-SE 4 - - - 26-Sep-19

1095 Khan Motors SME Surveillance CRAB-ME 4 - - - 27-Sep-19

1096 Khan Traders SME Surveillance CRAB-SE 3 - - - 08-May-20

1097 Khan Traders (Feni) SME Surveillance CRAB-SE 3 - - - 19-Dec-19

1098 Khan Trading & Saw Mill SME Surveillance CRAB-SE 3 - - - 30-Dec-19

1099 Khanica Distribution Point SME Initial Rating CRAB-SE 3 - - - 03-Oct-19

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

24

Page 25: Rating Update -June 2019 (Update up to 30 June 2019) · 2019. 7. 24. · Rating Update -June 2019 (Update up to 30 June 2019) Sl No. Name of Client/Company Company/ Rating Type Entity

Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

1100 Khantex Fashions Ltd. Corporate Initial Rating - BB1(Lr) ST-4 - 18-Jun-20

1101 KHM Power Ltd. SME Initial Rating CRAB-ME 3 - - - 20-Mar-20

1102 Khokan Enterprise SME Initial Rating CRAB-SE 3 - - - 30-Jan-20

1103 Khondoker Traders SME Surveillance CRAB-SE 4 - - - 20-May-20

1104 Khowaz Auto Rice Mills SME Initial Rating CRAB-SE 3 - - - 03-Oct-19

1105 KHWAJA Enterprise (IBBL) SME Surveillance CRAB-SE 3 - - - 15-Sep-19

1106 Kings Confectionery (Bangladesh) Pte Ltd. SME Surveillance CRAB-ME 2 - - - 26-Jul-19

1107 Kishwan Agro Products Ltd. Corporate Surveillance - A3(Lr) ST-3 - 24-Feb-20

1108 Kishwan Sancks Ltd. Corporate Surveillance - A3(Lr) ST-3 - 24-Feb-20

1109 Kismat Trading Corporation Corporate Surveillance - BBB3(Lr) ST-3 - 14-Jun-20

1110 Knit & Knittex (Pvt) Ltd. Corporate Surveillance - BBB2(Lr) ST-4 - 11-Jul-19

1111 Knit City Ltd. Corporate Surveillance - - ST-3 - 30-Jun-20

1112 Knit Radix Ltd. Corporate Initial Rating - BBB3(Lr) ST-3 - 19-Sep-19

1113 Knitexpo Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 30-Mar-20

1114 Knitivo Fashion Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 16-Aug-19

1115 Koala Elastic & Accessories SME Surveillance CRAB-ME 3 - - - 12-Dec-19

1116 Kohinoor Comend And Mamun Company SME Initial Rating CRAB-SE 4 - - - 06-Dec-19

1117 Kolka CNG SME Surveillance CRAB-SE 3 - - - 12-Mar-20

1118 Korban Ali Engineering Works SME Surveillance CRAB-ME 3 - - - 08-Aug-19

1119 Kores Bangladesh Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 30-Dec-19

1120 Korotoa Chemical SME Surveillance CRAB-SE 4 - - - 30-Dec-19

1121 Kosturi Restora SME Initial Rating CRAB-SE 4 - - - 12-Dec-19

1122 Krishan Auto Rice Mill Corporate Surveillance - BBB3(Lr) ST-3 - 21-Dec-19

1123 Krishan Enterprise Corporate Surveillance - BBB3(Lr) ST-3 - 21-Dec-19

1124 Kushiara International Conventional Hall SME Initial Rating CRAB-SE 3 - - - 29-Jun-20

1125 Kushtia Rice Mill Corporate Surveillance - BBB3(Lr) ST-3 - 30-Jul-19

1126 Kyros Footwear Industries Ltd. Corporate Initial Rating - BBB3(Lr) ST-4 - 12-Dec-19

1127 L M T Trading Co. SME Initial Rating CRAB-SE 4 - - - 01-Aug-19

1128 Labarador Construction and Supply Corporate Surveillance - BB2(Lr) - - 30-Dec-19

1129 Labbayek Masrasing & Press SME Surveillance CRAB-SE 4 - - - 11-Nov-19

1130 Labib Enterprise SME Initial Rating CRAB-SE 3 - - - 28-Jun-20

1131 Lafzu Enterprise SME Surveillance CRAB-ME 3 - - - 23-Nov-19

1132 Laila Steel Corporation SME Initial Rating CRAB-SE 4 - - - 18-Jun-20

1133 La-Jownes International SME Initial Rating CRAB-SE 3 - - - 02-Mar-20

1134 Lakdhanavi Bangla Power Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 28-Feb-20

1135 Lal Mia & Co SME Surveillance CRAB-ME 3 - - - 30-Jun-20

1136 Lal Teer Livestock Development (BD) Ltd. Corporate Surveillance BBB3 BBB3(Lr) - Stable 30-Dec-19

1137 Lal Teer Livestock Ltd. Corporate Surveillance BBB3 BBB3(Lr) - Stable 30-Dec-19

1138 Lal Teer Seed Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Dec-19

1139 Lam Mim Associates Corporate Surveillance - BBB3(Lr) ST-3 - 26-Dec-19

1140 Lamia Varities Store SME Initial Rating CRAB-SE 4 - - - 08-May-20

1141 Lamisha Trading SME Surveillance CRAB-SE 4 - - - 06-Jun-20

1142 Lantus Holdings Ltd. Corporate Surveillance - BB3(Lr) - - 30-Dec-19

1143 Laxman Chandra Banik SME Initial Rating CRAB-SE 4 - - - 21-Nov-19

1144 LBA Traders SME Initial Rating CRAB-SE 3 - - - 18-Jun-20

1145 Legend Printing Ltd. Corporate Surveillance - - ST-3 - 05-Dec-19

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

25

Page 26: Rating Update -June 2019 (Update up to 30 June 2019) · 2019. 7. 24. · Rating Update -June 2019 (Update up to 30 June 2019) Sl No. Name of Client/Company Company/ Rating Type Entity

Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

1146 Les Pulls D'Alex Ltd. Corporate Surveillance - B1(Lr) ST-4 - 19-Sep-19

1147 Letter & Colour Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-3 Stable 29-Jun-20

1148 Lida Textiles and Dyeing Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 30-Nov-19

1149 Life Bridge Medi Equipment SME Initial Rating CRAB-SE 4 - - - 18-Jul-19

1150 Ligion Herbal Ltd. SME Surveillance CRAB-ME 3 - - - 04-Apr-20

1151 Lima Enterprise SME Surveillance CRAB-SE 3 - - - 13-Sep-19

1152 Limon Brothers SME Initial Rating CRAB-SE 3 - - - 24-Apr-20

1153 Lipika SME Initial Rating CRAB-SE 4 - - - 07-Nov-19

1154 Lira Doors Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 27-Mar-20

1155 Lira Industries Enterprise Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 29-Sep-19

1156 Lira Polymer Industries Corporate Surveillance - BBB2(Lr) ST-3 - 29-Sep-19

1157 Lithe Apparel Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 30-Jun-19

1158 Liton Enterprise SME Surveillance CRAB-SE 3 - - - 29-Jun-20

1159 Liz Fashion Industries Ltd. Corporate Surveillance A1 A1(Lr) ST-2 Stable 30-Dec-19

1160 Lodestar Fashions Ltd. Corporate Surveillance - BB2(Lr) ST-4 - 28-Dec-19

1161 Lodestar Packaging Corporate Surveillance - BB1(Lr) - - 28-Dec-19

1162 Lohagara Ma-Moni Hospital Ltd. Corporate Initial Rating - BBB3(Lr) ST-3 - 24-Apr-20

1163 Lohajong Steel Corporation SME Initial Rating CRAB-SE 4 - - - 26-Dec-19

1164 Louietex Manufacturing Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 21-Sep-19

1165 Lucky Star Apparels Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 20-Sep-19

1166 L'Usine Fashion Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 02-Sep-19

1167 M & M Travelling Goods (BD) Ltd. SME Initial Rating CRAB-SE 3 - - - 06-Feb-20

1168 M & M Washing & Deying SME Surveillance CRAB-SE 3 - - - 29-Jun-20

1169 M A A Auto Bricks SME Surveillance CRAB-ME 3 - - - 07-Mar-20

1170 M A Enterprise SME Initial Rating CRAB-SE 3 - - - 02-Aug-19

1171 M A Sufian Engineering Works SME Surveillance CRAB-SE 4 - - - 17-Dec-19

1172 M A Traders SME Initial Rating CRAB-SE 4 - - - 26-Sep-19

1173 M A Zaher SME Surveillance CRAB-ME 3 - - - 18-Jul-19

1174 M Alam & Company Corporate Initial Rating - BBB3(Lr) ST-3 - 21-Mar-20

1175 M Alam & Sons SME Initial Rating CRAB-SE 3 - - - 19-Feb-20

1176 M Ali Construction & its sister concern M. Ali Steel CorporationCorporate Initial Rating - BBB3(Lr) ST-3 - 12-Dec-19

1177 M Ali Enterprise SME Surveillance CRAB-SE 4 - - - 31-Aug-19

1178 M C Auto Rice Mill SME Initial Rating CRAB-SE 3 - - - 03-Oct-19

1179 M D Steel Custing Industries Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 30-Jun-20

1180 M H Bricks SME Surveillance CRAB-ME 4 - - - 26-Jul-19

1181 M H Enterprise SME Surveillance CRAB-SE 4 - - - 14-Jun-20

1182 M H J Products SME Initial Rating CRAB-SE 3 - - - 10-Oct-19

1183 M I Cement Factory Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable 31-Dec-19

1184 M K Enterprise Corporate Surveillance - - ST-3 - 05-Mar-20

1185 M K Store SME Initial Rating CRAB-SE 4 - - - 28-Dec-19

1186 M K Traders SME Surveillance CRAB-SE 3 - - - 12-Dec-19

1187 M M Associates Ltd. Corporate Surveillance - BBB3(Lr) - - 23-May-20

1188 M M Enterprise SME Initial Rating CRAB-SE 4 - - - 05-Dec-19

1189 M M Ispahani Ltd. Corporate Surveillance AA1 AA1(Lr) ST-1 Stable 29-Jun-20

1190 M M Jute Fibres & Industries Ltd. Corporate Initial Rating A3 A3(Lr) ST-3 Stable 30-Mar-20

1191 M M Ship Builders & Engineers SME Initial Rating CRAB-SE 4 - - - 30-Jan-20

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

26

Page 27: Rating Update -June 2019 (Update up to 30 June 2019) · 2019. 7. 24. · Rating Update -June 2019 (Update up to 30 June 2019) Sl No. Name of Client/Company Company/ Rating Type Entity

Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

1192 M M Traders SME Surveillance CRAB-SE 4 - - - 21-Mar-20

1193 M N Fishing Ltd. Corporate Surveillance - BB1(Lr) - - 21-Apr-20

1194 M N Huda Construction Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 29-Sep-19

1195 M N Metal SME Surveillance CRAB-SE 4 - - - 26-Apr-20

1196 M R Aluminium Cap Co. Ltd. Corporate Initial Rating - BB1(Lr) - - 26-Jun-20

1197 M R B Bricks SME Surveillance CRAB-SE 4 - - - 12-Sep-19

1198 M R Construction SME Initial Rating CRAB-SE 3 - - - 20-Mar-20

1199 M R Enterprise SME Initial Rating CRAB-SE 4 - - - 13-Feb-20

1200 M R International Corporate Initial Rating - BBB3(Lr) ST-3 - 05-Dec-19

1201 M R Metal Wire & Cables Ind. SME Initial Rating CRAB-SE 4 - - - 07-Nov-19

1202 M R Plastic Industries SME Initial Rating CRAB-SE 3 - - - 01-May-20

1203 M R Rice Mill & Its sister concern ( Hamza Beef Fattening And matsa Khamar)SME Surveillance CRAB-SE 4 - - - 20-Sep-19

1204 M R Stainless Steel & Aluminum Industries Corporate Initial Rating - BBB3(Lr) ST-3 - 05-Dec-19

1205 M R Trade International SME Surveillance CRAB-SE 3 - - - 27-Mar-20

1206 M R Traders SME Initial Rating CRAB-SE 4 - - - 30-Jan-20

1207 M Rahman Corporate Surveillance - BBB2(Lr) ST-3 - 30-Dec-19

1208 M S Chaul Kall SME Initial Rating CRAB-SE 4 - - - 19-Dec-19

1209 M S Jute Shoe Thread & Accessories Factory SME Surveillance CRAB-ME 3 - - - 12-Sep-19

1210 M/S Afsar Ali Bricks SME Initial Rating CRAB-SE 3 - - - 19-Sep-19

1211 M/s Alam Store Corporate Surveillance - BB1(Lr) ST-3 - 28-Sep-19

1212 Ma Enterprise SME Surveillance CRAB-SE 2 - - - 27-Mar-20

1213 Ma Enterprise (Pabna) SME Initial Rating CRAB-SE 4 - - - 07-Nov-19

1214 Ma Enterprise and Auto Atop Rice Mill SME Initial Rating CRAB-SE 4 - - - 15-May-20

1215 Ma Moni Enterprise & its Sister Concern SME Initial Rating CRAB-SE 4 - - - 30-Jan-20

1216 Ma Stone Crusher (SME) SME Initial Rating CRAB-SE 3 - - - 23-Jan-20

1217 Maa Poultry Feed & Drugs SME Initial Rating CRAB-SE 3 - - - 24-Oct-19

1218 Maa Sakhina Textile Mills SME Surveillance CRAB-ME 2 - - - 04-Feb-20

1219 MAB Packaging Industries SME Initial Rating CRAB-ME 3 - - - 18-Jun-20

1220 MAB Paper Products SME Initial Rating CRAB-ME 3 - - - 18-Jun-20

1221 Macca Marine Ship Builders SME Initial Rating CRAB-SE 3 - - - 12-Sep-19

1222 Macca Trading Corporation SME Surveillance CRAB-SE 4 - - - 07-Feb-20

1223 Madina City and its Sister Concern Salab Shopping Center SME Initial Rating CRAB-SE 3 - - - 26-Sep-19

1224 Madina Enterprise Corporate Surveillance - BBB1(Lr) ST-3 - 01-Feb-20

1225 Madina Maritime Ltd. Corporate Surveillance BBB1 - - Stable 27-Mar-20

1226 Madina Store & Sister Concern SME Surveillance CRAB-ME 3 - - - 02-Dec-19

1227 Madina Trading Corporation SME Surveillance CRAB-SE 3 - - - 10-May-20

1228 MAF Newsprint Mills Ltd. Corporate Surveillance BB1 BB1(Lr) ST-4 Stable 30-Sep-19

1229 MAF Shoes Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 31-Oct-19

1230 Maggie & Liz Corporation (Pvt.) Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 11-Jun-20

1231 Magnum Steel Industries Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 30-Sep-19

1232 Mahadi Motors (Pvt.) Ltd. SME Surveillance CRAB-SE 4 - - - 26-Jul-19

1233 Mahbub Alam SME Initial Rating CRAB-SE 4 - - - 28-Jun-20

1234 Mahbub Enterprise SME Initial Rating CRAB-SE 3 - - - 12-Dec-19

1235 Mahbub Traders SME Initial Rating CRAB-SE 4 - - - 23-Jan-20

1236 Maheen Enterprise Corporate Surveillance - BB1(Lr) ST-4 - 15-Dec-19

1237 Mahi Enterprise SME Initial Rating CRAB-SE 3 - - - 20-Mar-20

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

27

Page 28: Rating Update -June 2019 (Update up to 30 June 2019) · 2019. 7. 24. · Rating Update -June 2019 (Update up to 30 June 2019) Sl No. Name of Client/Company Company/ Rating Type Entity

Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

1238 Mahi Steel Iron Mart SME Surveillance CRAB-ME 4 - - - 14-Nov-19

1239 Mahmud Enterprise SME Surveillance CRAB-SE 3 - - - 30-Dec-19

1240 Mahmud Fish Traders Corporate Initial Rating - - ST-3 - 23-Jun-20

1241 Mahmud Traders SME Initial Rating CRAB-SE 3 - - - 19-Sep-19

1242 Mahmudul Hossain Tufa SME Initial Rating CRAB-SE 3 - - - 26-Dec-19

1243 Mainuddin Trading SME Surveillance CRAB-SE 3 - - - 14-Dec-19

1244 Maisha Fashion BD SME Initial Rating CRAB-SE 4 - - - 28-Nov-19

1245 Majumder garments Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 31-Aug-19

1246 MAK Corporation Corporate Surveillance - - ST-3 - 30-Mar-20

1247 Makka Paper & Board Mills Ltd. Corporate Surveillance - A3(Lr) ST-3 - 31-Dec-19

1248 Makkah Store SME Surveillance CRAB-SE 3 - - - 05-Sep-19

1249 Maksons Spinning Mills Limited Corporate Surveillance BB2 BB2(Lr) ST-4 Stable 05-Oct-19

1250 Maksud Engineering Works SME Surveillance CRAB-SE 4 - - - 29-May-20

1251 Mallick Agro Food Industries Ltd. Corporate Initial Rating A3 A3(Lr) ST-3 Stable 30-Mar-20

1252 Mallick Fabrics Limited Corporate Surveillance BB1 BB1(Lr) ST-4 Stable 31-Oct-19

1253 Mama Bhagina Jwellery Store SME Surveillance CRAB-SE 3 - - - 07-Jun-20

1254 Mamun Agro Products Ltd. Corporate Surveillance - BBB3(Lr) ST-4 - 30-Oct-19

1255 Mamun Machinery Corporate Surveillance - - ST-4 - 20-Oct-19

1256 Mamun PVC Factory Corporate Surveillance - - ST-4 - 20-Oct-19

1257 MAN Enterprise SME Surveillance CRAB-ME 3 - - - 30-Nov-19

1258 Manha Impex Corporation SME Surveillance CRAB-SE 4 - - - 02-Aug-19

1259 Manha Traders SME Initial Rating CRAB-SE 3 - - - 02-Mar-20

1260 Manik Builders SME Initial Rating CRAB-SE 3 - - - 10-Apr-20

1261 Manik Printing Publications SME Surveillance CRAB-SE 3 - - - 12-Dec-19

1262 Manik Traders SME Surveillance CRAB-SE 4 - - - 25-Apr-20

1263 Mannan & Associates SME Initial Rating CRAB-SE 3 - - - 19-Dec-19

1264 Mannan Corporation and its Sister Concern Khan Metal IndustriesSME Surveillance CRAB-SE 3 - - - 09-Aug-19

1265 Manobi Construction SME Initial Rating CRAB-SE 3 - - - 28-May-20

1266 Mantasa Trading Agency SME Initial Rating CRAB-SE 4 - - - 18-Jun-20

1267 Mariams SME Initial Rating CRAB-SE 4 - - - 01-Aug-19

1268 Marine Explorer Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 23-Jun-20

1269 Marium Textile Mills Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 29-Jun-20

1270 Mark Corporation SME Surveillance CRAB-SE 3 - - - 12-Sep-19

1271 Maruf Ahmed SME Initial Rating CRAB-SE 3 - - - 17-Apr-20

1272 Mary Gold Agro Science SME Surveillance CRAB-SE 4 - - - 26-Dec-19

1273 Mas Trade International Garments Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable 25-Apr-20

1274 Mashrifa Food Products Ltd. Corporate Surveillance - BBB3(Lr) - Stable 30-Jun-19

1275 Masihata Sweaters Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 31-Jan-20

1276 Master & Brothers Corporate Surveillance - - ST-3 - 30-Jun-20

1277 Master Engineering Works SME Initial Rating CRAB-SE 4 - - - 29-Jun-20

1278 Master Simex Paper Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 30-Sep-19

1279 Masud & Brothers Corporate Surveillance - A3(Lr) ST-3 - 15-Dec-19

1280 Masum & Brothers (Prime Bank) SME Surveillance CRAB-SE 3 - - - 30-Dec-19

1281 Masum Trade International SME Initial Rating CRAB-SE 4 - - - 12-Sep-19

1282 Matador Ball Pen Industries Corporate Surveillance - A3(Lr) ST-3 - 15-Jan-20

1283 Matex Bangladesh Ltd. Corporate Surveillance A1 A1(Lr) ST-2 Stable 31-Dec-19

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

28

Page 29: Rating Update -June 2019 (Update up to 30 June 2019) · 2019. 7. 24. · Rating Update -June 2019 (Update up to 30 June 2019) Sl No. Name of Client/Company Company/ Rating Type Entity

Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

1284 Matin Khadya Bhander SME Initial Rating CRAB-SE 4 - - - 26-Sep-19

1285 Matin Traders SME Surveillance CRAB-SE 3 - - - 23-Nov-19

1286 Matri Bangla Dredging & Engineering Ltd. SME Surveillance CRAB-ME 4 - - - 12-Dec-19

1287 Matrix Metallurgical Industries Ltd Corporate Initial Rating A2 A2(Lr) ST-3 Stable 12-Dec-19

1288 Matrix Styles Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 30-Jun-20

1289 Maven Design Ltd. Corporate Initial Rating - - ST-4 - 19-Feb-20

1290 Maven Fashion Ltd. Corporate Initial Rating - - ST-4 - 19-Feb-20

1291 Max Infrastructure Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 31-Dec-19

1292 Max Sweaters (BD) Ltd. Corporate Initial Rating BB1 BB1(Lr) ST-4 Stable 27-Mar-20

1293 May International Trade Services Ltd. Corporate Surveillance BBB3 BBB3(Lr) - Stable 14-Feb-20

1294 Mayble & Frank Fashions Ltd. Corporate Initial Rating - BBB3(Lr) ST-4 - 14-Nov-19

1295 Mayer Doa Fish Prokolpo SME Initial Rating CRAB-SE 4 - - - 15-Aug-19

1296 Mazidsons Construction Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 31-Jul-19

1297 MBM Enterprise SME Surveillance CRAB-SE 4 - - - 28-May-20

1298 Md Atik Hussain SME Initial Rating CRAB-SE 3 - - - 26-Dec-19

1299 Md Jahangir Alam Chowdhury SME Surveillance CRAB-SE 4 - - - 18-Oct-19

1300 Md Saiful Islam SME Initial Rating CRAB-SE 4 - - - 26-Dec-19

1301 Md. Anisur Rahman Corporate Initial Rating - B2(Lr) ST-5 - 27-Mar-20

1302 Md. Golam Mostafa (Babu) SME Initial Rating CRAB-SE 4 - - - 28-Jun-20

1303 Md. Mashiur Rahman Chowdhury Corporate Initial Rating - BBB3(Lr) ST-3 - 30-Jun-20

1304 Md. Muklesur Rahman SME Initial Rating CRAB-SE 4 - - - 12-Sep-19

1305 Md. Rakib Uddin Dewan & Md. Rukon Uddin Dewan Corporate Surveillance - BBB2(Lr) - - 03-Jun-20

1306 Md. Tohidul Islam SME Surveillance CRAB-SE 4 - - - 10-Jun-20

1307 Mecatake Industries Corporate Initial Rating - - ST-4 - 17-Oct-19

1308 Medha Enterprise SME Initial Rating CRAB-SE 3 - - - 17-Oct-19

1309 Media World Ltd. Corporate Initial Rating AA1 AA1(Lr) ST-2 Stable 26-Sep-19

1310 Meejab Ltd. Corporate Initial Rating - BB1(Lr) ST-4 - 15-May-20

1311 Meek Knit Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-1,ST-3 Stable 30-Jun-19

1312 Meena Sweets & Confectioneries Ltd. Corporate Initial Rating A3 A3(Lr) ST-3 Stable 28-Jun-20

1313 Mega S S System Ltd. SME Surveillance CRAB-SE 4 - - - 26-Dec-19

1314 Mega Yarn Dyeing Mills Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 31-Jan-20

1315 Meghna Cement Mills Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 31-Dec-19

1316 Meghna Motors SME Surveillance CRAB-SE 4 - - - 10-Jun-20

1317 Meghna Star Cables & Electrical Appliance Ltd. Corporate Initial Rating BBB1(Pr) - - - 30-Dec-19

1318 Meghna Traders(Narsingdi) SME Initial Rating CRAB-SE 3 - - - 03-Oct-19

1319 Mehedi Traders SME Initial Rating CRAB-SE 3 - - - 29-Aug-19

1320 Memory International SME Initial Rating CRAB-SE 3 - - - 15-Aug-19

1321 Menon Plastic SME Initial Rating CRAB-SE 4 - - - 25-Jul-19

1322 Mercer Design Tex Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Dec-19

1323 Mesh Exports House (Pvt) Ltd. Corporate Surveillance - BBB2(Lr) ST-4 - 11-Jul-19

1324 Mesh Sports Wear (Pvt) Ltd. Corporate Surveillance - BBB2(Lr) ST-4 - 11-Jul-19

1325 Metalon Industries Ltd. SME Initial Rating CRAB-SE 3 - - - 19-Feb-20

1326 Metro Knitting & Dyeing Mills Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 30-Dec-19

1327 Metro Spinning Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable 31-Dec-19

1328 MF Consumers Ltd. Corporate Initial Rating BBB2 BBB2(Lr) ST-3 Stable 30-Mar-20

1329 MGP Tower Corporate Initial Rating - BB1(Lr) - - 18-Jul-19

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

29

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Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

1330 Mia Cloth Store SME Surveillance CRAB-SE 4 - - - 10-Oct-19

1331 Miami Foods Ltd. SME Initial Rating CRAB-SE 3 - - - 20-Mar-20

1332 Miami Roto Film Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 11-Nov-19

1333 Miami Trading SME Initial Rating CRAB-SE 4 - - - 13-Mar-20

1334 MID Asia Fashion Ltd. Corporate Surveillance - BB1(Lr) ST-4 - 28-Dec-19

1335 Midland Power Co. Ltd. Corporate Surveillance A1 A1(Lr) - Negative 28-Feb-20

1336 Might Corporation SME Initial Rating CRAB-SE 3 - - - 31-Oct-19

1337 Mihran Ship Recycling Industries Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable 03-Sep-19

1338 Milan Cold Storage Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 31-Oct-19

1339 Milkco Dairy & Poultry Feeds Ltd. Corporate Surveillance BB2(Pr) - - - 08-Jul-19

1340 Milon Watch Service SME Initial Rating CRAB-SE 4 - - - 26-Sep-19

1341 MIM Design Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Jun-20

1342 Mim Fast Food SME Initial Rating CRAB-SE 3 - - - 15-Aug-19

1343 MIM Sweaters Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Jun-20

1344 Minar Automatic Rice Mill & Haji Trading CorporationSME Initial Rating CRAB-SE 3 - - - 07-Nov-19

1345 Mintu Carton Store & Packaging SME Surveillance CRAB-SE 4 - - - 21-Mar-20

1346 Mir Enterprise SME Surveillance CRAB-SE 3 - - - 28-Feb-20

1347 Mir Trading SME Surveillance CRAB-SE 4 - - - 14-Jun-20

1348 Miraj Textile SME Surveillance CRAB-SE 4 - - - 08-Nov-19

1349 Mirzapur CNG Filling Station Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 31-Aug-19

1350 Misami Garments Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 31-Oct-19

1351 Misham Agro Industries Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 31-Oct-19

1352 Misham Feeds Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-3 Stable 05-Sep-19

1353 Miss Shoes SME Initial Rating CRAB-SE 3 - - - 26-Jun-20

1354 Mitali Fashions Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 02-Sep-19

1355 Mitali Stone Crusher SME Surveillance CRAB-SE 3 - - - 06-Jun-20

1356 Mithu Carpets Corporate Surveillance - BBB2(Lr) ST-3 - 21-Nov-19

1357 Miton Cottage Industries SME Surveillance CRAB-ME 3 - - - 23-Dec-19

1358 Mitu Traders SME Initial Rating CRAB-SE 3 - - - 17-Oct-19

1359 Mitul Khan Rice Store SME Initial Rating CRAB-SE 4 - - - 08-May-20

1360 Mizan & Laboni Garments-2 SME Initial Rating CRAB-SE 4 - - - 26-Dec-19

1361 Mizan Store SME Surveillance CRAB-SE 3 - - - 01-May-20

1362 Mizan Traders SME Surveillance CRAB-SE 3 - - - 30-Dec-19

1363 MKS Trading SME Initial Rating CRAB-SE 4 - - - 10-Oct-19

1364 MM Ship Breaking Industries Corporate Surveillance - BBB3(Lr) ST-3 - 15-Dec-19

1365 MM Trading SME Surveillance CRAB-SE 3 - - - 13-Jun-20

1366 MNRS Trade International SME Surveillance CRAB-SE 4 - - - 23-Aug-19

1367 Mobarak Bricks And Its sister Concern Mobarak TradersSME Surveillance CRAB-SE 3 - - - 14-Dec-19

1368 Mobasher Hassan SME Initial Rating CRAB-SE 4 - - - 27-Mar-20

1369 Mocca Tiles & Sanitary (Pvt.) Ltd. Corporate Surveillance - BB1(Lr) ST-4 - 16-Nov-19

1370 Modern Diagnostic Centre Ltd. Corporate Surveillance - A2(Lr) ST-3 - 31-Dec-19

1371 Modhoil Filling Station SME Surveillance CRAB-SE 3 - - - 12-Jun-20

1372 Modina Enterprise SME Surveillance CRAB-SE 4 - - - 12-Sep-19

1373 Modina Filling Station & Its Sister Concern (Modina Traders)SME Surveillance CRAB-SE 4 - - - 30-Dec-19

1374 Modina Poultry Case & Metal SME Surveillance CRAB-SE 4 - - - 16-Nov-19

1375 Modiste (Bangladesh) Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 30-Jun-20

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

30

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Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

1376 Modiste (CEPZ) Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 30-Jun-20

1377 Modon Mohon Vander SME Surveillance CRAB-ME 3 - - - 21-Mar-20

1378 Mohadeb Chandra Chando SME Surveillance CRAB-SE 3 - - - 01-May-20

1379 Mohaimin Hardware SME Initial Rating CRAB-SE 3 - - - 28-Jun-20

1380 Mohammad Elias SME Initial Rating CRAB-SE 4 - - - 06-Feb-20

1381 Mohammadi Electric Corporate Surveillance - BBB2(Lr) ST-3 - 31-Mar-20

1382 Mohammadia Iron Industries SME Surveillance CRAB-SE 3 - - - 16-May-20

1383 Mohammed & Sons Corporate Surveillance - - ST-3 - 20-Jun-20

1384 Mohara Asian Apparels Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 29-Sep-19

1385 Mohosin Motors SME Surveillance CRAB-SE 4 - - - 15-Feb-20

1386 Mohsin Trading Corporation SME Surveillance CRAB-SE 4 - - - 11-Apr-20

1387 Moidul Store SME Surveillance CRAB-SE 3 - - - 30-Dec-19

1388 Mojumder Enterprise SME Initial Rating CRAB-SE 3 - - - 02-Mar-20

1389 Mojumder Traders SME Initial Rating CRAB-SE 4 - - - 12-Jun-20

1390 Molla Salt (Triple Refined) Industry Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 31-Aug-19

1391 Molla Traders SME Initial Rating CRAB-SE 3 - - - 23-Jan-20

1392 Molla Vangri Store and its sister concern Laboni metal Industries SME Initial Rating CRAB-SE 4 - - - 05-Sep-19

1393 Mollah Enterprise SME Initial Rating CRAB-SE 4 - - - 30-Jan-20

1394 Mollah Glass House SME Surveillance CRAB-ME 3 - - - 30-Dec-19

1395 Mollah Traders SME Initial Rating CRAB-SE 3 - - - 27-Mar-20

1396 Mollah Traders (Uttara Bank) SME Initial Rating CRAB-SE 4 - - - 08-May-20

1397 Mom Tex Ltd. Corporate Surveillance - A2(Lr) ST-3 - 26-Dec-19

1398 Momin Spinning Mills Corporate Surveillance - BBB2(Lr) ST-3 - 31-Mar-20

1399 Momin Textile Corporate Surveillance - BBB2(Lr) ST-3 - 31-Mar-20

1400 Momo Jute Mills Ltd. SME Initial Rating CRAB-ME 5 - - - 29-Jun-20

1401 Momotaz Enterprise SME Initial Rating CRAB-SE 4 - - - 06-Mar-20

1402 Momtex Expo Ltd. Corporate Initial Rating - A3(Lr) ST-3 - 28-Dec-19

1403 Mona Food Industries Corporate Surveillance - A3(Lr) ST-3 - 09-Oct-19

1404 Monarch Engineers Corporate Surveillance - - ST-3 - 11-Dec-19

1405 Mondal Electronics & Electric SME Initial Rating CRAB-SE 3 - - - 01-May-20

1406 Mondal Traders SME Surveillance CRAB-SE 3 - - - 21-Mar-20

1407 Mondol Dairy Firm SME Initial Rating CRAB-SE 4 - - - 26-Sep-19

1408 Mongol Bakery SME Surveillance CRAB-ME 3 - - - 08-Mar-20

1409 Monir Timber & Sawmill SME Surveillance CRAB-SE 4 - - - 12-Oct-19

1410 Monira Enterprise SME Initial Rating CRAB-SE 4 - - - 10-Apr-20

1411 Monju Bazar SME Surveillance CRAB-SE 3 - - - 15-Mar-20

1412 Monjura Poultry Prokolpo SME Surveillance CRAB-SE 4 - - - 21-Sep-19

1413 Monorupa Cloth Store SME Initial Rating CRAB-SE 4 - - - 28-May-20

1414 Monowara Fabrics Ltd. SME Initial Rating CRAB-SE 3 - - - 06-Feb-20

1415 Monowara Knit Fashions Ltd. SME Surveillance CRAB-SE 3 - - - 10-Jun-20

1416 Monowara Traders SME Surveillance CRAB-SE 3 - - - 03-Oct-19

1417 Monowara Trading SME Surveillance CRAB-ME 4 - - - 27-Mar-20

1418 Moon Enterprise SME Initial Rating CRAB-SE 3 - - - 19-Feb-20

1419 Moonlux Apparels Limited Corporate Surveillance - BB1(Lr) ST-3 - 28-Sep-19

1420 Moonlux Composite Knit Garments Limited Corporate Surveillance - BB1(Lr) ST-3 - 28-Sep-19

1421 Morol Group SME Initial Rating CRAB-SE 3 - - - 18-Jul-19

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

31

Page 32: Rating Update -June 2019 (Update up to 30 June 2019) · 2019. 7. 24. · Rating Update -June 2019 (Update up to 30 June 2019) Sl No. Name of Client/Company Company/ Rating Type Entity

Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

1422 Mosharef Hossain Dulal SME Initial Rating CRAB-SE 4 - - - 01-May-20

1423 Moslah Uddin Traders SME Initial Rating CRAB-SE 4 - - - 28-Jun-20

1424 Mostafiz & Brothers SME Surveillance CRAB-ME 3 - - - 29-Jun-20

1425 Mostafiz Trade International SME Initial Rating CRAB-SE 4 - - - 17-Apr-20

1426 Mostan Enterprise SME Initial Rating CRAB-SE 4 - - - 01-May-20

1427 Mostaque & Brothers SME Initial Rating CRAB-SE 3 - - - 21-Nov-19

1428 Mother Khadija Traders SME Surveillance CRAB-SE 3 - - - 20-Sep-19

1429 Mother Steel Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 30-Nov-19

1430 Mother Textile Mills Corporate Surveillance - BBB1(Lr) ST-3 - 28-Mar-20

1431 Mothers Care SME Surveillance CRAB-SE 3 - - - 16-Aug-19

1432 Motigonj Bricks SME Initial Rating CRAB-ME 3 - - - 28-May-20

1433 Mouchak Food Products SME Surveillance CRAB-SE 3 - - - 20-Jun-20

1434 Moula Boksh Karim Boksh SME Surveillance CRAB-ME 2 - - - 17-Oct-19

1435 Mozammel Haque Jewel SME Initial Rating CRAB-SE 4 - - - 06-Mar-20

1436 MRM International Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 10-Sep-19

1437 MS Knit Design ltd. Corporate Initial Rating - - ST-1,ST-3 - 13-Feb-20

1438 MSA Spinning Ltd. Corporate Surveillance - BBB1(Lr) ST-3 - 31-Dec-19

1439 MSA Textiles Ltd. Corporate Initial Rating - BBB3(Lr) ST-3 - 14-Nov-19

1440 MSM Bricks SME Surveillance CRAB-SE 3 - - - 14-Apr-20

1441 Muhibur Rahman Corporate Surveillance - - ST-3 - 28-Dec-19

1442 Mukta Traders SME Surveillance CRAB-SE 3 - - - 26-Dec-19

1443 Multi Safh Bags Ltd. Corporate Surveillance BB1 BB1(Lr) ST-4 Stable 30-Jun-20

1444 Multi Trade Enterprise Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 30-Dec-19

1445 Muna Travels & Tours Ltd. For Review Corporate Initial Rating - - ST-3 - 19-Feb-20

1446 Munir Chaul Kall SME Surveillance CRAB-SE 4 - - - 23-May-20

1447 Munna Traders SME Initial Rating CRAB-SE 4 - - - 03-Oct-19

1448 Munni Enterprise SME Surveillance CRAB-SE 4 - - - 14-Mar-20

1449 Munshigonj Fiber & Agro Industries Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Mar-20

1450 Munzur Enterprise SME Initial Rating CRAB-SE 4 - - - 17-Oct-19

1451 Murad Enterprise SME Initial Rating CRAB-SE 4 - - - 25-Jul-19

1452 Musa Sowdagor Corporate Surveillance - BBB1(Lr) ST-3 - 15-Sep-19

1453 Mutual Apparels Ltd. Corporate Surveillance - BBB3(Lr) - - 09-Aug-19

1454 Mutual Food Products Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 11-May-20

1455 MZM (CEPZ) Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 15-May-20

1456 N and N Flour Mills SME Initial Rating CRAB-ME 3 - - - 15-May-20

1457 N I Member Agro Farm SME Initial Rating CRAB-SE 4 - - - 28-Nov-19

1458 N Mullick Filling Station SME Initial Rating CRAB-SE 3 - - - 17-Oct-19

1459 N N Enterprise SME Surveillance CRAB-SE 3 - - - 29-Aug-19

1460 N R Corporation SME Initial Rating CRAB-SE 4 - - - 19-Sep-19

1461 N R Enterprise SME Initial Rating CRAB-SE 4 - - - 23-Jan-20

1462 N S Steel SME Surveillance CRAB-SE 3 - - - 06-May-20

1463 Nabil Farm Ltd. SME Initial Rating CRAB-SE 3 - - - 01-Aug-19

1464 Nabisco Biscuit & Bread Factory Ltd. SME Surveillance CRAB-ME 3 - - - 27-Mar-20

1465 Nafisa Apparels Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 15-Dec-19

1466 Nafiz Chaul Kall SME Initial Rating CRAB-SE 3 - - - 31-Oct-19

1467 Nahar Chaul Kal & its Sister Concern SME Initial Rating CRAB-SE 4 - - - 26-Dec-19

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

32

Page 33: Rating Update -June 2019 (Update up to 30 June 2019) · 2019. 7. 24. · Rating Update -June 2019 (Update up to 30 June 2019) Sl No. Name of Client/Company Company/ Rating Type Entity

Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

1468 Nahar Poultry Farm SME Initial Rating CRAB-SE 4 - - - 26-Sep-19

1469 Nahid Advertise & Printing SME Surveillance CRAB-SE 3 - - - 28-Feb-20

1470 Nahid Enterprise & its sister concern M/S Panchbibi Pouro Biddut Bitan SME Initial Rating CRAB-SE 3 - - - 25-Jul-19

1471 Nahid Plastic (BD) Ltd. Corporate Surveillance - BBB1(Lr) ST-3 - 31-Jul-19

1472 Nahid Traders SME Surveillance CRAB-SE 3 - - - 23-Mar-20

1473 Nakshatra SME Surveillance CRAB-ME 3 - - - 30-Jun-20

1474 NAM Enterprise SME Surveillance CRAB-SE 3 - - - 31-May-20

1475 Namira Enterprise SME Surveillance CRAB-ME 3 - - - 07-Feb-20

1476 Nannu & Brothers SME Surveillance CRAB-SE 3 - - - 24-Jan-20

1477 Nannu Spinning Mills Ltd. Corporate Surveillance - BBB1(Lr) ST-3 - 29-Sep-19

1478 Nannu Textile Mills Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 29-Sep-19

1479 Narshingdi Sizing & Finishing Mills Ltd. SME Initial Rating CRAB-SE 3 - - - 03-Oct-19

1480 Naser Enterprise SME Surveillance CRAB-SE 3 - - - 20-Dec-19

1481 Nasir Traders SME Initial Rating CRAB-SE 4 - - - 15-May-20

1482 Nasiruddin Traders SME Surveillance CRAB-SE 3 - - - 04-May-20

1483 National Color Point SME Surveillance CRAB-SE 4 - - - 28-Dec-19

1484 National Grain Products Ltd. Corporate Initial Rating A3 A3(Lr) ST-3 Stable 30-Mar-20

1485 National Machinery SME Surveillance CRAB-SE 3 - - - 01-May-20

1486 National Machinery Corporation SME Surveillance CRAB-SE 3 - - - 07-Feb-20

1487 National Traders SME Surveillance CRAB-SE 4 - - - 19-Jul-19

1488 Nationtech Communications Ltd. Corporate Surveillance - A3(Lr) ST-3 - 30-Dec-19

1489 Natural SME Initial Rating CRAB-SE 3 - - - 28-Jun-20

1490 Nature & Care Agro Products Ltd. SME Initial Rating CRAB-ME 3 - - - 10-Oct-19

1491 Nature Flywood & Partical Board SME Initial Rating CRAB-SE 4 - - - 19-Feb-20

1492 Navana Batteries Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable 31-May-20

1493 Navana Building Products Ltd. Corporate Surveillance - A3(Lr) ST-3 - 31-Dec-19

1494 Navana Construction Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 31-Dec-19

1495 Navana Electronics Ltd. Corporate Surveillance A2 A2(Lr) ST-2 Stable 31-Oct-19

1496 Navana Foods Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 31-May-20

1497 Navana Limited Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 31-Jan-20

1498 Navana Real Estate Limited Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 31-Dec-19

1499 Navid Knit Fabric Ltd. SME Surveillance CRAB-ME 3 - - - 15-Apr-20

1500 Nawaj Sharif Traders SME Surveillance CRAB-SE 3 - - - 29-May-20

1501 NAZ Bangladesh Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 30-Jun-19

1502 Nazim Enterprise SME Initial Rating CRAB-SE 4 - - - 08-May-20

1503 Nazma Dairy Farm & Mach Chash Prakalpo SME Surveillance CRAB-SE 5 - - - 30-Nov-19

1504 Nazrul Islam Traders SME Surveillance CRAB-SE 4 - - - 02-Mar-20

1505 Needs Enterprise SME Surveillance CRAB-SE 3 - - - 20-Sep-19

1506 Neo Zipper Company Ltd. Corporate Surveillance A1 A1(Lr) ST-2 Stable 30-Jun-19

1507 Neptune Electric Electronics Mechanical & EngineeringSME Surveillance CRAB-SE 3 - - - 15-Feb-20

1508 Neptune Pharma SME Initial Rating CRAB-SE 4 - - - 26-Jun-20

1509 Network Apparel Ltd. Corporate Surveillance - BB1(Lr) ST-4 - 25-Oct-19

1510 Network Clothing Ltd. Corporate Surveillance - BB1(Lr) ST-4 - 25-Oct-19

1511 New Afrin Cold Storage Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 04-May-20

1512 New Amin Jewellers Corporate Surveillance - BBB2(Lr) - - 22-Oct-19

1513 New Auto Galaxy Corporate Surveillance - - ST-3 - 12-Dec-19

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

33

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Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

1514 New Auto Land. SME Surveillance CRAB-SE 3 - - - 20-Dec-19

1515 New Bismillah Steel Iron SME Initial Rating CRAB-SE 4 - - - 20-Mar-20

1516 New Bogdad Rice Mill Corporate Surveillance - - ST-3 - 30-Jun-20

1517 New F Karim Brothers SME Initial Rating CRAB-SE 3 - - - 28-May-20

1518 New Hope Farms Bangladesh Ltd. Corporate Initial Rating A1 A1(Lr) ST-3 Stable 05-Dec-19

1519 New Lucky Moni SME Initial Rating CRAB-SE 4 - - - 30-Dec-19

1520 New Parag Enterprise SME Surveillance CRAB-SE 3 - - - 07-Dec-19

1521 New Parjoar Electric SME Initial Rating CRAB-SE 3 - - - 30-Mar-20

1522 New Popy Textile Mills SME Initial Rating CRAB-SE 4 - - - 13-Mar-20

1523 New Sandwip SME Initial Rating CRAB-SE 4 - - - 30-Jun-20

1524 New Shafique Car Paint SME Surveillance CRAB-SE 4 - - - 12-Dec-19

1525 New Shitolakha Flour Mills SME Surveillance CRAB-SE 4 - - - 02-Aug-19

1526 New Siddiques SME Surveillance CRAB-SE 3 - - - 11-Aug-19

1527 New Sun Bricks & Manufactures SME Surveillance CRAB-ME 4 - - - 24-May-20

1528 New York Construction SME Initial Rating CRAB-SE 4 - - - 12-Dec-19

1529 Next Accessories Ltd. Corporate Surveillance - BB1(Lr) ST-4 - 30-Dec-19

1530 Next Zone SME Surveillance CRAB-SE 4 - - - 08-Nov-19

1531 NHQ Distributions Ltd. Corporate Surveillance - BBB3(Lr) ST-1, ST-3 - 23-Apr-20

1532 Niagara Textiles Ltd Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 31-May-20

1533 Nice Alliance & Agro Ltd. SME Surveillance CRAB-SE 3 - - - 19-Feb-20

1534 Nice Denim Mills Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 19-Dec-19

1535 Nikhut Traders SME Surveillance CRAB-SE 4 - - - 23-May-20

1536 Nikki Thai Aluminium Industries Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 31-Dec-19

1537 Niloy Setu Enterprise SME Initial Rating CRAB-SE 4 - - - 28-Nov-19

1538 Nina Holdings Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 31-Dec-19

1539 Nipa Oil & Flour Mills Corporate Initial Rating - BBB3(Lr) ST-3 - 29-Jun-20

1540 Nipobon Properties Ltd. SME Surveillance CRAB-SE 4 - - - 24-Oct-19

1541 Nirman Prokausholy Corporate Surveillance - BB1(Lr) ST-4 - 29-Mar-20

1542 Nirman Traders SME Surveillance CRAB-SE 3 - - - 29-Jul-19

1543 Nishat Enterprise SME Initial Rating CRAB-SE 4 - - - 28-Nov-19

1544 Nissan Electro Co. SME Initial Rating CRAB-SE 5 - - - 23-Jan-20

1545 Nissho Koeki Tissue Papers Co. Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 29-Jun-20

1546 Nizam & Brothers SME Surveillance CRAB-SE 4 - - - 27-Jun-20

1547 Nizam Chaul Kall SME Initial Rating CRAB-SE 4 - - - 26-Dec-19

1548 Nobin Textile Mills (Pvt) Ltd. SME Initial Rating CRAB-SE 4 - - - 07-Jan-20

1549 Noble navigation and Shipping Line SME Surveillance CRAB-SE 4 - - - 25-Oct-19

1550 Noble Printing & Packaging Ltd. SME Surveillance CRAB-SE 3 - - - 25-Jul-19

1551 Noman Fabrics Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 29-Jun-20

1552 Noman Home Textile Mills Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable 29-Jun-20

1553 Noman Spinning Mills Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 29-Jun-20

1554 Noman Terry Towel Mills Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 31-Aug-19

1555 Noman Textiles Mills Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable 29-Jun-20

1556 Noor Auto Trading (SME) SME Initial Rating CRAB-SE 3 - - - 13-Mar-20

1557 Noor Rice Mill SME Initial Rating CRAB-SE 4 - - - 19-Dec-19

1558 Noor Traders (SME) SME Initial Rating CRAB-SE 3 - - - 13-Mar-20

1559 Noori SME Initial Rating CRAB-SE 4 - - - 29-Jun-20

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

34

Page 35: Rating Update -June 2019 (Update up to 30 June 2019) · 2019. 7. 24. · Rating Update -June 2019 (Update up to 30 June 2019) Sl No. Name of Client/Company Company/ Rating Type Entity

Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

1560 Noorjahan Hospital PVT. Ltd. SME Initial Rating CRAB-SE 3 - - - 28-Nov-19

1561 Norm Outfit & Accessories Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable 30-Jun-20

1562 North Bengal Cement Industries Ltd. Corporate Initial Rating A3 A3(Lr) ST-3 Stable 30-Mar-20

1563 North Bengal Grain Industries Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 31-Aug-19

1564 North South Seed Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 30-Dec-19

1565 Northern Agriscience Ltd. Corporate Surveillance - BB2(Lr) ST-4 - 31-Jan-20

1566 Northern Hatcheries Ltd. Corporate Surveillance BBB3(Pr) BBB3(Lr) - - 31-Aug-19

1567 Northern Paddy Bi-Product Corporate Surveillance - BB2(Lr) ST-4 - 29-May-20

1568 Novo Com Ltd. Corporate Surveillance BBB3 BBB3(Lr) - Stable 19-Dec-19

1569 Novo Corporation SME Surveillance CRAB-ME 3 - - - 26-Apr-20

1570 Novo Tel Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 19-Dec-19

1571 Nowapara Clod Storage Ltd. Corporate Surveillance - A2(Lr) ST-3 - 30-Jun-20

1572 Nowhata Green Bricks Ltd. Corporate Surveillance BBB3(Pr) - - - 31-Dec-19

1573 NS Construction SME Surveillance CRAB-ME 3 - - - 31-Jan-20

1574 NS Trading Corporation SME Initial Rating CRAB-SE 4 - - - 15-May-20

1575 NSB Agro Food Industries Ltd. Corporate Initial Rating BBB3(Pr) - - - 31-Jul-19

1576 Nur Enterprise SME Surveillance CRAB-SE 4 - - - 15-Sep-19

1577 Nur jahan & Sons Corporate Initial Rating - BBB3(Lr) ST-3 - 28-Nov-19

1578 Nur Traders SME Surveillance CRAB-SE 3 - - - 17-Oct-19

1579 Nurani Fashion SME Surveillance CRAB-SE 3 - - - 21-Nov-19

1580 Nurani Traders SME Initial Rating CRAB-SE 4 - - - 26-Sep-19

1581 Nur-E-Alahee & Brothers (Pvt.) Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 30-Jun-19

1582 Nuru Motors SME Surveillance CRAB-SE 4 - - - 25-Jan-20

1583 Nurul Azam SME Surveillance CRAB-SE 4 - - - 12-Dec-19

1584 Nurul Huda Filling Station Corporate Surveillance - BBB3(Lr) - - 30-Jun-20

1585 Nurul Islam SME Initial Rating CRAB-SE 4 - - - 26-Dec-19

1586 Nurun Nessa Saw Mill & Furniture SME Surveillance CRAB-SE 4 - - - 16-May-20

1587 Nusrat Builders Corporate Surveillance - BBB3(Lr) ST-3 - 30-Jun-19

1588 Nusrat Trading Company Corporate Surveillance - BB1(Lr) ST-3 - 07-Nov-19

1589 Nutan Bidyut (Bangladesh) Ltd. Corporate Surveillance A3(Pr) - - - 16-Nov-19

1590 O S Traders SME Initial Rating CRAB-SE 3 - - - 20-Mar-20

1591 Oasis Services (Agro) Ltd. Corporate Surveillance BBB2 BBB2(Lr) - Stable 01-Aug-19

1592 Obaid Enterprise SME Surveillance CRAB-SE 3 - - - 03-Nov-19

1593 Oculin Tech BD Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 08-Nov-19

1594 Ohiduzzaman Chowdhury SME Initial Rating CRAB-SE 3 - - - 15-Aug-19

1595 OK Enterprise Pvt. Ltd. Corporate Surveillance - BB2(Lr) ST-4 - 28-Dec-19

1596 OK Properties Ltd. Corporate Surveillance - BB2(Lr) ST-4 - 28-Dec-19

1597 OK Trade International Corporate Surveillance - BB2(Lr) - - 20-Dec-19

1598 OKM Trading Corporation Corporate Surveillance - BBB3(Lr) ST-3 - 15-Dec-19

1599 Oli Enterprise SME Surveillance CRAB-SE 3 - - - 19-Dec-19

1600 Olympic Cement Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Positive 30-Jun-19

1601 Olympic Travels (BD) Ltd. SME Surveillance CRAB-SE 4 - - - 20-Sep-19

1602 Omni Power Ltd. SME Surveillance CRAB-SE 4 - - - 18-Oct-20

1603 One Telecom SME Surveillance CRAB-SE 3 - - - 31-Jan-20

1604 One World Systems Ltd. Corporate Initial Rating BB2(Pr) - - - 26-Jun-20

1605 Onnivision Trade International Ltd. SME Surveillance CRAB-SE 4 - - - 23-May-20

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

35

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Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

1606 Oracle Services Ltd. Corporate Initial Rating BBB2 BBB2(Lr) ST-3 Stable 30-Nov-19

1607 Orange Design Ltd. Corporate Surveillance - BB1(Lr) ST-3 - 30-Jun-20

1608 Orbital International SME Surveillance CRAB-ME 3 - - - 11-Apr-20

1609 Orient Export Import Co. Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 31-Mar-20

1610 Orion Gas Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 17-Jun-20

1611 Orion Infusion Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 31-Dec-19

1612 Orion Pharma Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 30-Jun-19

1613 Orion Power Dhaka Ltd. Corporate Surveillance A3(Pr) - - - 30-Jun-19

1614 Orion Power Meghnaghat Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 30-Jun-20

1615 Orion Tea Company Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 28-Feb-20

1616 Orlance Shipping & Trading Agency SME Surveillance CRAB-SE 4 - - - 11-Nov-19

1617 Ortack Company SME Surveillance CRAB-ME 3 - - - 29-Aug-19

1618 Osman and Brothers SME Initial Rating CRAB-SE 4 - - - 21-Nov-19

1619 Othoy Astha Motsho Khamar SME Initial Rating CRAB-SE 4 - - - 30-Mar-20

1620 Ours Corporation SME Surveillance CRAB-ME 3 - - - 19-Oct-19

1621 Ovee Enterprise & Sister Concern SME Surveillance CRAB-SE 5 - - - 22-Nov-19

1622 P2P Engineering & Condtruction Corporate Initial Rating - BBB1(Lr) ST-3 - 20-Mar-20

1623 P4S Packaging & Accessories Ltd. SME Surveillance CRAB-SE 3 - - - 03-Jun-20

1624 Pach Bhai Restaurant. SME Initial Rating CRAB-SE 2 - - - 15-Aug-19

1625 Pacific Ispat Mills SME Surveillance CRAB-ME 3 - - - 10-Feb-20

1626 Pacific Sweaters Ltd. Corporate Initial Rating - BB2(Lr) ST-4 - 26-Dec-19

1627 Pack nd Package Ltd. SME Surveillance CRAB-SE 3 - - - 14-Dec-19

1628 Packmart Industries Ltd. Corporate Surveillance AA2 AA2(Lr) ST-3 Stable 30-Nov-19

1629 Pack-O-Mat Printing & Packaging SME Initial Rating CRAB-SE 4 - - - 15-May-20

1630 Padma Auto Rice Mills SME Initial Rating CRAB-SE 3 - - - 18-Jul-19

1631 Padma Cold Storage (Pvt.) Ltd. Corporate Surveillance BB1 BB1(Lr) ST-3 Stable 02-Sep-19

1632 Padma Industries Ltd. SME Surveillance CRAB-SE 4 - - - 30-Aug-19

1633 Padma LPG Ltd. Corporate Initial Rating BBB2 BBB2(Lr) ST-3 Stable 26-Dec-19

1634 Padma Traders Corporate Surveillance - BBB2(Lr) ST-3 - 29-Aug-19

1635 Pakiza Apparels Ltd. Corporate Initial Rating - BBB3(Lr) ST-3 - 28-Dec-19

1636 Pakiza Knit Composite Ltd. Corporate Surveillance - A2(Lr) ST-3 - 26-Dec-19

1637 Pakiza Woven Fashion Ltd. Corporate Initial Rating - BBB3(Lr) ST-3 - 28-Dec-19

1638 Pampas Agro & Logistics Ltd. SME Initial Rating CRAB-SE 3 - - - 13-Mar-20

1639 Pan Mark Apparels (Pvt.) Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 29-Sep-19

1640 Pan Pacific Sweaters Ltd. Corporate Initial Rating A2 A2(Lr) ST-3 Stable 01-Aug-19

1641 Panasia Clothing Ltd. Corporate Surveillance - BBB1(Lr) ST-3 - 31-Mar-20

1642 Pandit Engineering Corporation SME Surveillance CRAB-SE 3 - - - 28-Feb-20

1643 Panjeree Publications Ltd. Corporate Initial Rating A3 A3(Lr) ST-3 Stable 26-Jun-20

1644 Panorama Apparels Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Jun-20

1645 Panorama Apparels Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Jun-19

1646 Panorama Washing Co. Ltd. Corporate Surveillance - BBB2(Lr) - - 30-Dec-19

1647 Papella Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable 05-Dec-19

1648 Paper Processing & Packaging Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable 30-Dec-19

1649 Papyrus fastQ (BD) Ltd. SME Surveillance CRAB-ME 3 - - - 27-Apr-20

1650 Paradigm Architects and Engineers SME Initial Rating CRAB-ME 3 - - - 08-Aug-19

1651 Paradise Medicial Complex SME Initial Rating CRAB-SE 3 - - - 31-Oct-19

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

36

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Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

1652 Paradise Sun Company Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 19-Aug-19

1653 Paramount Trading SME Surveillance CRAB-SE 3 - - - 29-Oct-19

1654 Partex Cables Ltd. Corporate Surveillance - A3(Lr) ST-3 - 06-Jul-19

1655 Partex Furniture Industries Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 30-Jun-20

1656 Partex Laminates Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 30-Jun-20

1657 Partex PVC Industries Ltd. Corporate Surveillance - A1(Lr) ST-3 - 30-Dec-19

1658 Partex Tissue Corporate Surveillance A3(Pr) - - - 30-Dec-19

1659 Parul Enterprize SME Initial Rating CRAB-SE 4 - - - 10-Apr-20

1660 Parvez Enterprise SME Initial Rating CRAB-SE 3 - - - 17-Oct-19

1661 Pasha Poles Ltd. SME Initial Rating CRAB-ME 2 - - - 20-Mar-20

1662 Pasha Transformers Ltd. SME Initial Rating CRAB-ME 3 - - - 30-Mar-20

1663 Pathorbari Enterprise & Stone Crusher SME Initial Rating CRAB-SE 4 - - - 06-Feb-20

1664 Patricia Apparels Ltd. SME Initial Rating CRAB-SE 3 - - - 24-Oct-19

1665 Patwary Enterprise SME Initial Rating CRAB-SE 4 - - - 28-Jun-20

1666 Pearl Garments Company Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable 31-Dec-19

1667 Pearls & Pouce Ltd. Corporate Surveillance - BBB1(Lr) ST-3 - 31-Mar-20

1668 PEB Steel Alliance Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 12-Dec-19

1669 Petromax Cylinders Ltd. Corporate Initial Rating BBB2 BBB2(Lr) ST-3 Stable 27-Mar-20

1670 Petromax LPG Ltd. Corporate Initial Rating BBB2 BBB2(Lr) - Stable 13-Mar-20

1671 Pita Putro Husking & Semi Auto Chaul Kall SME Initial Rating CRAB-SE 4 - - - 18-Jun-20

1672 Piticon Industries SME Surveillance CRAB-ME 3 - - - 29-Sep-19

1673 Plastic Concern (Pvt) Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 31-Jul-19

1674 Pole Star Fashion Design Ltd. Corporate Surveillance - BB2(Lr) ST-3 - 15-Apr-20

1675 Poly Point Ltd. SME Surveillance CRAB-SE 4 - - - 12-Aug-19

1676 Poly Traders SME Surveillance CRAB-SE 3 - - - 12-Apr-20

1677 Popular Distribution Mart SME Initial Rating CRAB-SE 4 - - - 26-Dec-19

1678 Popular Trade Agency SME Surveillance CRAB-SE 3 - - - 23-May-20

1679 Port Land International Corporate Surveillance - BBB3(Lr) ST-3 - 15-Dec-19

1680 Port Land International (BD) Ltd. Corporate Surveillance BB3 BB3(Lr) ST-4 Stable 15-Dec-19

1681 Poseidon Enterprise Ltd. Corporate Initial Rating BBB3 - - Stable 26-Jun-20

1682 Power Shovel International SME Surveillance CRAB-SE 4 - - - 31-Oct-19

1683 Power System Development Co. Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 31-Aug-19

1684 Pramanik and Sons SME Initial Rating CRAB-SE 3 - - - 30-Dec-19

1685 Prantik Enterprise SME Surveillance CRAB-SE 4 - - - 30-Dec-19

1686 Prantik Marine Service Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 15-Sep-20

1687 Pratik Apparels Ltd. Corporate Surveillance BB2 BB2(Lr) ST-3 Stable 30-Jul-19

1688 Precision Weighing Solution Co. SME Surveillance CRAB-SE 3 - - - 30-Nov-19

1689 Premier Accessories Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 15-Mar-20

1690 Premium Fish & Agro Industries Ltd. SME Initial Rating CRAB-SE 3 - - - 30-Jan-20

1691 Prestige Bengal Ltd. Corporate Initial Rating - BB1(Lr) ST-4 - 20-Mar-20

1692 Pretty Composite Textiles Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Jun-19

1693 Pretty Sweaters Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 30-Jun-19

1694 Pretty Wool Ware Ltd. Corporate Initial Rating A2 A2(Lr) ST-3 Stable 01-Aug-19

1695 Prime Corporation Corporate Surveillance - A2(Lr) ST-3 - 27-Sep-19

1696 Prime Enterprise Corporate Surveillance - A3(Lr) - - 15-Dec-19

1697 Prime Enterprise (Al Arafah) SME Surveillance CRAB-SE 3 - - - 30-Nov-19

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

37

Page 38: Rating Update -June 2019 (Update up to 30 June 2019) · 2019. 7. 24. · Rating Update -June 2019 (Update up to 30 June 2019) Sl No. Name of Client/Company Company/ Rating Type Entity

Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

1698 Prime International Corporate Initial Rating - BBB3(Lr) ST-3 - 17-Apr-20

1699 Prime Sweater Ltd. Corporate Surveillance - BB2(Lr) ST-4 - 26-Dec-19

1700 Prime Timber SME Initial Rating CRAB-SE 3 - - - 10-Oct-19

1701 Prithibi Printing Press SME Initial Rating CRAB-SE 3 - - - 23-Jun-20

1702 Prium Enterprise SME Initial Rating CRAB-SE 4 - - - 05-Dec-19

1703 Priyam Garments Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 29-Dec-19

1704 Probridhi Apparels Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 26-Dec-19

1705 Progoti Consortium SME Initial Rating CRAB-SE 4 - - - 15-May-20

1706 Progoti Filling Station SME Initial Rating CRAB-SE 3 - - - 21-Nov-19

1707 Progress Trade Overseas SME Initial Rating CRAB-SE 3 - - - 03-Oct-19

1708 Progressive Fishing Ltd. Corporate Surveillance - BB1(Lr) - - 21-Apr-20

1709 Prome Agro Foods Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 28-Dec-19

1710 Promixco Ltd. Corporate Surveillance BB1 BB1(Lr) ST-4 Stable 13-Mar-20

1711 Prompt Packaging Ltd. SME Initial Rating CRAB-SE 4 - - - 03-Oct-19

1712 Pronayan SME Surveillance CRAB-SE 2 - - - 08-Nov-19

1713 Protiva Enterprise SME Surveillance CRAB-SE 4 - - - 27-Jun-20

1714 Proud Textile SME Surveillance CRAB-ME 4 - - - 12-Sep-19

1715 Provita Chicks Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 22-Sep-19

1716 Pubali Iodized Salt Plant SME Surveillance CRAB-ME 3 - - - 30-Dec-19

1717 Pul Industries Ltd. SME Surveillance CRAB-ME 3 - - - 30-Oct-19

1718 Pulse Communication SME Surveillance CRAB-ME 3 - - - 21-Mar-20

1719 Pulse Engineering Limited Ltd. SME Initial Rating CRAB-SE 4 - - - 05-Dec-19

1720 Punam Enterprise SME Initial Rating CRAB-SE 4 - - - 03-Oct-19

1721 Punarbhaba Security Construction & Services Ltd. SME Initial Rating CRAB-ME 3 - - - 28-May-20

1722 Purbani Fabrics Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 18-Jun-20

1723 Purbani Rotor Spinning Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 18-Jun-20

1724 Purbani Synthetic Spinning Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 18-Jun-20

1725 Purbani Yarn Dyeing Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 18-Jun-20

1726 Purple Telecom Ltd. SME Surveillance CRAB-ME 3 - - - 30-Apr-20

1727 Q n Queue Accessories Ltd. Corporate Surveillance BB1 BB1(Lr) ST-4 Stable 31-Jul-19

1728 Q R Builders Ltd. SME Initial Rating CRAB-SE 4 - - - 23-Jan-20

1729 QNS Container Services Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-2 Stable 15-Nov-19

1730 QNS Industries Ltd. Corporate Surveillance BB1 BB1(Lr) ST-4 Stable 31-Mar-20

1731 Quality Enterprise Corporate Initial Rating - BBB3(Lr) ST-3 - 17-Apr-20

1732 Quality Mineral Industries SME Surveillance CRAB-SE 3 - - - 29-Nov-19

1733 Quantam Builders & Engineering Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 19-Sep-19

1734 Quantam LA Construction Corporate Surveillance - BBB3(Lr) ST-3 - 19-Sep-19

1735 Quasem Food Products Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable 15-Dec-19

1736 Quasem Industries Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 15-Dec-19

1737 Quasem Lamps Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-3 Stable 30-Jan-20

1738 Quasem Zinc Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 15-Dec-19

1739 Quest Accessories (BD) Ltd. Corporate Surveillance - A3(Lr) ST-3 - 31-Jul-19

1740 Quick Energy SME Initial Rating CRAB-SE 4 - - - 13-Mar-20

1741 R Islam Accessories SME Surveillance CRAB-SE 4 - - - 06-Jun-20

1742 R Islam Plastic Karkhana SME Initial Rating CRAB-SE 4 - - - 03-Oct-19

1743 R M Fabitech Ltd. SME Surveillance CRAB-ME 2 - - - 30-Jun-19

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

38

Page 39: Rating Update -June 2019 (Update up to 30 June 2019) · 2019. 7. 24. · Rating Update -June 2019 (Update up to 30 June 2019) Sl No. Name of Client/Company Company/ Rating Type Entity

Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

1744 R M Interlinings Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 30-Jun-19

1745 R M International SME Surveillance CRAB-ME 3 - - - 30-Oct-19

1746 R P Enterprise SME Initial Rating CRAB-SE 3 - - - 30-Dec-19

1747 R R P Agro Farms Corporate Initial Rating - - ST-2 - 06-Feb-20

1748 R S Enterprise SME Surveillance CRAB-SE 4 - - - 30-Nov-19

1749 R S Machineries Corporate Surveillance - BBB2(Lr) ST-3 - 30-Jun-20

1750 R S Trade International SME Surveillance CRAB-SE 3 - - - 10-Jun-20

1751 Rabbani Autos SME Initial Rating CRAB-SE 3 - - - 12-Sep-19

1752 Rabeya Tiles & Sanitary SME Surveillance CRAB-SE 3 - - - 21-Sep-19

1753 RAB-RC (Pvt.) Ltd. SME Surveillance CRAB-ME 2 - - - 29-Sep-19

1754 Racy Fashion & Packaging Ind. Ltd. SME Initial Rating CRAB-SE 3 - - - 11-Oct-19

1755 Radha kantha Nath SME Initial Rating CRAB-SE 4 - - - 28-Jun-20

1756 Radial International Ltd. Corporate Surveillance - A2(Lr) ST-3 - 31-Mar-20

1757 Radiance Fashion Ltd. Corporate Surveillance - BBB1(Lr) ST-3 - 31-Mar-20

1758 Radiance Jeans Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 31-Mar-20

1759 Radiance Packaging & Accessories Ltd. Corporate Surveillance - BBB1(Lr) ST-3 - 31-Mar-20

1760 Radisson Casualwear Ltd. Corporate Initial Rating - BBB3(Lr) ST-3 - 12-Sep-19

1761 Radisson Garments Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 20-Apr-20

1762 Rafi Medical Hall SME Surveillance CRAB-SE 3 - - - 30-Nov-19

1763 Rafim Enterprise SME Surveillance CRAB-SE 3 - - - 25-Jul-19

1764 Rafique & Brothers SME Surveillance CRAB-SE 4 - - - 26-May-20

1765 Rafique & Brothers (Trust Bank) SME Surveillance CRAB-SE 3 - - - 30-Sep-19

1766 Rahat Anwar Hospital Ltd. SME Initial Rating CRAB-SE 4 - - - 17-Oct-19

1767 Rahfa Enterprise SME Surveillance CRAB-SE 4 - - - 17-Dec-19

1768 Rahim Energy Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 30-Sep-19

1769 Rahim Hardware & Electric SME Initial Rating CRAB-SE 4 - - - 20-Mar-20

1770 Rahim Steel Mills Co. (Pvt) Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 30-Sep-19

1771 Rahim Super Extreme Ltd. Corporate Initial Rating A2 A2(Lr) ST-3 Stable 13-Feb-20

1772 Rahman and Brothers SME Surveillance CRAB-SE 3 - - - 15-Dec-19

1773 Rahman Corporation & Its Sister Concern SME Initial Rating CRAB-SE 3 - - - 30-Mar-20

1774 Rahman Emporium SME Initial Rating CRAB-SE 4 - - - 19-Dec-19

1775 Rahman International SME Surveillance CRAB-ME 3 - - - 30-Oct-19

1776 Rahman Jute Mills (Pvt.) Ltd. Corporate Surveillance - BB1(Lr) ST-4 - 31-Dec-19

1777 Rahmania Enterprise SME Initial Rating CRAB-SE 3 - - - 28-May-20

1778 Rahmatullah Jute Traders SME Initial Rating CRAB-SE 4 - - - 30-Jan-20

1779 Rahul Consumer Product SME Surveillance CRAB-ME 3 - - - 31-Jan-20

1780 Rahul Flour Mill SME Surveillance CRAB-ME 3 - - - 29-Dec-19

1781 Rahul Oil & Food Product SME Surveillance CRAB-ME 3 - - - 29-Dec-19

1782 Raihan Enterprise SME Surveillance CRAB-SE 4 - - - 13-Feb-20

1783 Raika Sharee Fashion SME Initial Rating CRAB-SE 4 - - - 19-Feb-20

1784 Rainbow Associates Corporate Surveillance - BBB3(Lr) ST-3 - 19-Feb-20

1785 Rainbow Chemicals SME Surveillance CRAB-SE 4 - - - 15-Jun-20

1786 Rainbow Jute Mills Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 19-Feb-20

1787 Raisha Enterprise SME Surveillance CRAB-SE 4 - - - 19-Feb-20

1788 Raiyan Enterprise SME Initial Rating CRAB-SE 3 - - - 26-Sep-19

1789 Raj Auto Rice Mill SME Initial Rating CRAB-SE 3 - - - 28-May-20

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

39

Page 40: Rating Update -June 2019 (Update up to 30 June 2019) · 2019. 7. 24. · Rating Update -June 2019 (Update up to 30 June 2019) Sl No. Name of Client/Company Company/ Rating Type Entity

Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

1790 Raj Lanka Power Co. Limited Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 30-Nov-19

1791 Raj Lanka Power Company Ltd. (Preference Share) Corporate Surveillance AA2 AA2(SO) ST-2 Stable 30-Nov-19

1792 Raja Agencies SME Initial Rating CRAB-SE 4 - - - 12-Dec-19

1793 Rajbari Hardware SME Initial Rating CRAB-SE 4 - - - 30-Dec-19

1794 Rajdhani Corporation SME Surveillance CRAB-SE 4 - - - 07-Nov-19

1795 Rajmahal & Grossery Shop SME Initial Rating CRAB-SE 3 - - - 27-Mar-20

1796 Rakhee Shoes SME Initial Rating CRAB-SE 4 - - - 03-Oct-19

1797 Rakhi Three Piece SME Surveillance CRAB-SE 4 - - - 18-Apr-20

1798 Rakib Enterprise SME Surveillance CRAB-SE 4 - - - 26-Jul-19

1799 Rakib Traders SME Initial Rating CRAB-SE 4 - - - 01-Aug-19

1800 Rakin Enterprise SME Initial Rating CRAB-SE 5 - - - 06-Mar-20

1801 Ram Trading Corporation SME Initial Rating CRAB-SE 3 - - - 26-Dec-19

1802 Rana Enterprise & Rozina Enterprise SME Initial Rating CRAB-SE 4 - - - 27-Mar-20

1803 Rana Garments Accessories Industries Corporate Initial Rating - BB1(Lr) ST-4 31-Oct-19

1804 Rana Metal Industries SME Surveillance CRAB-SE 3 - - - 26-Sep-19

1805 Rang Bitan SME Surveillance CRAB-SE 4 - - - 21-Mar-20

1806 Rangs Motors Limited Special purpose vehicle bond Corporate Initial Rating AA1 AA1(Lr) - Stable 06-Sep-19

1807 Rangs Motors Ltd. Corporate Surveillance - A2(Lr) ST-3 - 30-Nov-19

1808 Ranjay Metal Works SME Initial Rating CRAB-SE 3 - - - 23-Jun-20

1809 Ranks FC Properties Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 15-Dec-19

1810 Ranks Motors Workshops Ltd. Corporate Surveillance - A3(Lr) ST-3 - 30-Sep-19

1811 Ranks Real Estate Ltd. Corporate Surveillance - BBB3(Lr) - - 30-Apr-20

1812 Rapid Trim Solution SME Surveillance CRAB-SE 3 - - - 15-Mar-20

1813 Rasel Enterprise SME Surveillance CRAB-SE 4 - - - 15-Dec-19

1814 Rashed & Brothers SME Surveillance CRAB-SE 4 - - - 14-Feb-20

1815 Rashed Enterprise SME Surveillance CRAB-SE 3 - - - 27-Dec-19

1816 Rashid & Brothers Rice Mill SME Surveillance CRAB-SE 3 - - - 15-Mar-20

1817 Rashid Agro Food Products Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 31-Dec-19

1818 Rashid Atop Automatic rice Mill Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 06-Sep-19

1819 Rashid Automatic Rice Mills Ltd. Corporate Surveillance A2 A2(Lr) ST-2 Stable 26-Oct-19

1820 Rashid Enterprise Corporate Surveillance - BBB2(Lr) - - 31-Aug-19

1821 Rashid Enterprise (EXIM Bank) Corporate Surveillance - - ST-3 - 14-Mar-20

1822 Rashid Oil Mills Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 01-Mar-20

1823 Rashid Paper Mills Ltd. Corporate Surveillance BBB3(Pr) - - - 22-Sep-19

1824 Rashidul Harun Sajal SME Initial Rating CRAB-SE 4 - - - 06-Mar-20

1825 Rasna Pharmaceuticals Unani SME Surveillance sme4 - - - 30-Jun-20

1826 Ratul Automatic Rice Mills Limited Corporate Surveillance BBB3(Pr) - - - 22-Sep-19

1827 Ratul Collection Corporate Surveillance - BBB3(Lr) ST-3 - 30-Jun-20

1828 Rayshine Electronics Ltd. SME Surveillance CRAB-SE 3 - - - 26-Apr-20

1829 Razia Automatic Rice Mill SME Initial Rating CRAB-SE 4 - - - 14-Nov-19

1830 Razzak & Co. SME Surveillance CRAB-SE 4 - - - 23-May-20

1831 Razzak Brothers Corporate Surveillance - BBB2(Lr) ST-3 - 04-Feb-20

1832 Razzak Khadya Bhander SME Initial Rating CRAB-SE 4 - - - 30-Dec-19

1833 Razzak Textile Mills Ltd. SME Surveillance CRAB-SE 4 - - - 02-Mar-20

1834 Reid & Fashion SME Surveillance CRAB-SE 3 - - - 28-Dec-19

1835 Rejaul Traders SME Surveillance CRAB-SE 3 - - - 22-May-20

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

40

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Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

1836 Reliable Steel Ltd. Corporate Initial Rating BBB2 BBB2(Lr) - Stable 30-Mar-20

1837 Reliance Auto SME Initial Rating CRAB-SE 3 - - - 13-Feb-20

1838 Reliance Steel Ltd. Corporate Surveillance BBB3(Pr) - - - 31-Jan-20

1839 Reliance Trim Park Ltd. Corporate Initial Rating - BB1(Lr) ST-3 - 08-May-20

1840 Remi Farms Ltd. Corporate Surveillance BBB3 BBB3(Lr) - Stable 02-Nov-19

1841 Remi Holdings Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 31-Oct-19

1842 Renata Agro Industries Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 12-Apr-20

1843 Rensco Rice Mill SME Surveillance CRAB-SE 4 - - - 20-Jun-20

1844 Reshma Traders SME Initial Rating CRAB-SE 4 - - - 20-Mar-20

1845 Reverie Power & Automation Engineering Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 31-May-20

1846 Rez Trading SME Initial Rating CRAB-SE 4 - - - 07-Nov-19

1847 RGR Sweater Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 30-Sep-19

1848 Riaj Bastro Bitan SME Initial Rating CRAB-SE 4 - - - 14-Nov-19

1849 Rich Plus Knitwear Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-3 Stable 22-May-20

1850 Ridoy Weaving Factory SME Initial Rating CRAB-SE 4 - - - 30-Dec-19

1851 Rifat Traders & Sanitary Pathor Khuty SME Initial Rating CRAB-SE 3 - - - 02-Mar-20

1852 Ripon Knitwear Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 13-Mar-20

1853 Ripon Packaging Ind. (Pvt.) Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 13-Mar-20

1854 Ripon Traders SME Surveillance CRAB-SE 3 - - - 04-Feb-20

1855 Rishan Enterprise SME Surveillance CRAB-SE 3 - - - 13-Sep-19

1856 Rita Variety Store SME Initial Rating CRAB-SE 4 - - - 14-Nov-19

1857 Rizvi Fruits Ltd. SME Surveillance CRAB-ME 3 - - - 30-Dec-19

1858 RK Feed & Poultry Limited Corporate Initial Rating BBB3(Pr) - - - 31-Jan-20

1859 RK Greenland Ltd. Corporate Surveillance BBB3(Pr) - - - 22-Nov-19

1860 Robi Axiata Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 31-Mar-20

1861 Robiul Boylar & Chaul Kall SME Initial Rating CRAB-SE 3 - - - 01-Aug-19

1862 Rocky Knitting Mills (Pvt.) Ltd. Corporate Surveillance - BB1(Lr) ST-4 - 31-Aug-19

1863 Rokeya & Sons & Its Sister Concern SME Surveillance CRAB-ME 3 - - - 07-Feb-20

1864 Rokeya Enterprise SME Surveillance CRAB-SE 4 - - - 05-Dec-19

1865 Rokeya International SME Surveillance CRAB-SE 3 - - - 31-Oct-19

1866 Roma Auto Rice Mill Ltd. Corporate Initial Rating - BB1(Lr) ST-4 - 10-Oct-19

1867 Roman Enterprise SME Surveillance CRAB-SE 3 - - - 17-Feb-20

1868 Romon Azad Enterprise SME Surveillance CRAB-SE 4 - - - 31-Jan-20

1869 Rony Enterprise Corporate Surveillance - - ST-3 - 08-May-20

1870 Rose View Complex Pvt Ltd. Corporate Initial Rating - BBB3(Lr) - - 25-Jul-19

1871 Roshni Vila SME Initial Rating CRAB-SE 3 - - - 19-Feb-20

1872 Rowa Fashions Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 30-Oct-19

1873 Rowza Pure Foods Ltd. SME Surveillance CRAB-SE 3 - - - 15-Mar-20

1874 RP Animal Health Co. Corporate Surveillance - BBB3(Lr) ST-3 - 24-Sep-19

1875 RR Imperial Electricals Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 15-Dec-19

1876 RS & Brothers SME Surveillance CRAB-SE 3 - - - 31-May-20

1877 RS & T International Corporate Surveillance - BBB1(Lr) ST-3 - 30-Nov-19

1878 RTT Textile Industries (PVT.) Ltd. SME Initial Rating CRAB-ME 4 - - - 23-Jun-20

1879 RTT Towels (BD) Ltd. SME Initial Rating CRAB-ME 3 - - - 23-Jun-20

1880 Rubel Dyeing Screen Printing Works (Pvt) Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 30-Sep-19

1881 Rubel Steel Mills Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Dec-19

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

41

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Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

1882 Ruby Enterprise SME Surveillance CRAB-SE 4 - - - 30-Mar-20

1883 Ruby Food Products Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 15-Dec-19

1884 Ruhul Amin & Brothers SME Surveillance CRAB-ME 3 - - - 16-May-20

1885 Ruhul Chaul Kall SME Initial Rating CRAB-SE 4 - - - 26-Dec-19

1886 Ruhul Enterprise SME Surveillance CRAB-SE 4 - - - 04-Apr-20

1887 Rumon dugdha Khamar SME Surveillance CRAB-SE 3 - - - 15-Nov-19

1888 Rumpa Traders SME Initial Rating CRAB-SE 4 - - - 29-Aug-19

1889 Runner Automobiles Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 30-Nov-19

1890 Runner Motors Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Positive 30-Nov-19

1891 Rupali Agencies Corporate Surveillance - BBB3(Lr) ST-3 - 30-Nov-19

1892 Rupali Auto Chira Mori Mill SME Surveillance CRAB-SE 3 - - - 24-Oct-19

1893 Rupkatha Housing Ltd. SME Surveillance CRAB-SE 3 - - - 10-Oct-19

1894 Ruslan Corporation Corporate Surveillance - BB1(Lr) ST-4 - 15-Dec-19

1895 S & S Ship Management SME Surveillance CRAB-ME 3 - - - 20-Dec-19

1896 S A Ship Breakers Corporate Surveillance - - ST-3 - 20-Jul-19

1897 S Ahmed Trading Corporation Corporate Surveillance - BBB1(Lr) ST-3 - 30-Dec-19

1898 S Alam Enterprise SME Surveillance CRAB-SE 3 - - - 27-Oct-19

1899 S B M Motsho Khamar SME Initial Rating CRAB-SE 4 - - - 28-Nov-19

1900 S Commercial Enterprise SME Initial Rating CRAB-SE 3 - - - 24-Oct-19

1901 S Islam Home & Fashion Ltd. (Project) Corporate Initial Rating BBB3(Pr) - - - 30-Jun-19

1902 S K Steel & Re Rolling Mills Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 30-Dec-19

1903 S K Traders SME Surveillance CRAB-SE 3 - - - 05-Dec-19

1904 S M Enterprise Corporate Initial Rating - BB1(Lr) ST-4 - 29-Jun-20

1905 S M Enterprise (Barishal) SME Initial Rating CRAB-SE 4 - - - 28-Nov-19

1906 S M Rice Mill SME Initial Rating CRAB-SE 4 - - - 29-Aug-19

1907 S M Trading Co. Corporate Surveillance - BBB3(Lr) ST-3 - 15-Apr-20

1908 S N Corporation Corporate Surveillance - - ST-3 - 15-Mar-20

1909 S N Enterprise SME Initial Rating CRAB-SE 4 - - - 27-Mar-20

1910 S O Trade SME Initial Rating CRAB-SE 4 - - - 21-Nov-19

1911 S R Enterprise SME Surveillance CRAB-SE 3 - - - 26-May-20

1912 S R Motors SME Initial Rating CRAB-SE 4 - - - 17-Oct-19

1913 S R Tours & Travels SME Initial Rating CRAB-SE 4 - - - 15-May-20

1914 S R Traders SME Initial Rating CRAB-SE 4 - - - 24-Apr-20

1915 S S Chemicals SME Initial Rating CRAB-SE 4 - - - 23-Jan-20

1916 S S Doors & Furniture SME Surveillance CRAB-SE 3 - - - 01-Mar-20

1917 S S Enterprise SME Initial Rating CRAB-SE 3 - - - 13-Feb-20

1918 S S Enterprise (CTG-DBBL) SME Initial Rating CRAB-SE 4 - - - 13-Mar-20

1919 S S Trading SME Surveillance CRAB-SE 3 - - - 22-Feb-20

1920 S T Trading SME Surveillance CRAB-SE 3 - - - 28-Sep-19

1921 S Tel (SME) SME Initial Rating CRAB-SE 4 - - - 27-Mar-20

1922 S. Suhi Industrial Park Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 30-Jun-19

1923 SA Traders SME Initial Rating CRAB-SE 4 - - - 26-Jun-20

1924 Saad Biriyani Ghar & Restaurant SME Surveillance sme4 - - - 30-Jun-20

1925 Saba Poultry & Dairy Firm SME Initial Rating CRAB-SE 3 - - - 30-Mar-20

1926 Sabbir Auto Flour Mill SME Initial Rating CRAB-SE 3 - - - 06-Mar-20

1927 Sabbir Cottage SME Surveillance CRAB-ME 4 - - - 01-Jun-20

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

42

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Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

1928 Sabjiana Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 30-Nov-19

1929 Sabrina Enterprise SME Initial Rating CRAB-SE 4 - - - 30-Jan-20

1930 Sabuj Agro Industries SME Initial Rating CRAB-SE 4 - - - 17-Aug-19

1931 Sachi Auni CNG Fuel & Conversion Ltd. SME Surveillance CRAB-SE 3 - - - 01-Feb-20

1932 Sadakalo Pvt. Limited SME Surveillance CRAB-ME 3 - - - 27-Mar-20

1933 Sadat Apparels Ltd. Corporate Surveillance - - ST-3 - 30-Dec-19

1934 Safa Traders SME Surveillance CRAB-SE 4 - - - 25-Oct-19

1935 Safari Sports SME Initial Rating CRAB-SE 3 - - - 28-May-20

1936 Safatulla Filling Station SME Surveillance CRAB-SE 3 - - - 14-Mar-20

1937 Safe Traders SME Initial Rating CRAB-SE 4 - - - 30-Jan-20

1938 Safety Concern SME Initial Rating CRAB-SE 4 - - - 07-Jan-20

1939 Safique & Brothers SME Surveillance CRAB-SE 4 - - - 03-Oct-20

1940 Sagarika Ship Breaking Industry Corporate Initial Rating - - ST-4 - 31-Oct-19

1941 Sagor Enterprise SME Initial Rating CRAB-SE 4 - - - 02-Mar-20

1942 Saha Brothers SME Surveillance CRAB-SE 3 - - - 21-Sep-19

1943 Saif Enterprise SME Initial Rating CRAB-SE 4 - - - 27-Mar-20

1944 Saif Powertec Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Dec-19

1945 Saiham Cotton Mills Ltd. (Surveillance) Corporate Surveillance A2 A2(Lr), AA3(Lr) ST-3 Stable 02-Mar-20

1946 Saiham Knit Composite Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 26-Dec-19

1947 Saiham Suits Ltd. Corporate Initial Rating BBB1(Pr) - - - 24-Oct-19

1948 Saimum Prokashoni SME Surveillance CRAB-SE 3 - - - 10-Oct-19

1949 Sajal Enterprise SME Surveillance CRAB-SE 3 - - - 01-Feb-20

1950 Sajan International Trading Co. Ltd. SME Surveillance CRAB-SE 4 - - - 27-Mar-20

1951 Sajib Enterprise (IBBL) SME Surveillance CRAB-SE 4 - - - 26-Sep-19

1952 Saju Enterprise SME Surveillance CRAB-SE 3 - - - 31-Dec-19

1953 Sakina Poultry Feed Center & Sister Concern SME Surveillance CRAB-ME 3 - - - 28-Sep-19

1954 Sakura Filling Station SME Surveillance CRAB-SE 5 - - - 23-Jan-20

1955 Sakura Trading Company SME Initial Rating CRAB-SE 4 - - - 05-Sep-19

1956 Salahuddin & Co. SME Surveillance CRAB-SE 3 - - - 29-Nov-19

1957 Salauddin & Sons SME Surveillance CRAB-SE 3 - - - 29-Jun-20

1958 Salauddin Store Corporate Initial Rating - BBB3(Lr) - - 17-Oct-19

1959 Saleh Steel Industries Ltd. Corporate Surveillance - BBB1(Lr) ST-3 - 15-Dec-19

1960 Salehi Cottage Industries SME Initial Rating CRAB-ME 4 - - - 05-Sep-19

1961 Sales Promotion Service Corporate Surveillance - - ST-2, ST-3 - 26-Dec-19

1962 Salim Uddin Ahmed SME Surveillance CRAB-SE 4 - - - 28-Feb-20

1963 Sam Associates Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 23-Jun-20

1964 Sam Filling Station Corporate Initial Rating - BBB3(Lr) - - 26-Jun-20

1965 Sam Ree Dyeing (BD) Ltd. Corporate Surveillance - BB1(Lr) ST-3 - 05-Jun-20

1966 SAM Steel Corporate Surveillance - BBB3(Lr) ST-3 - 05-May-20

1967 Samad Trading Corporation & Its Sister Cosern SME Surveillance CRAB-SE 3 - - - 24-Jan-20

1968 Sameer Enterp Corporate Surveillance - - ST-4 - 30-Jun-20

1969 Sameer Enterprise Corporate Surveillance - - ST-4 - 30-Jun-19

1970 Samrat Industries Corporate Surveillance - BBB2(Lr) ST-3 - 20-Nov-19

1971 Samrat Traders SME Surveillance CRAB-SE 3 - - - 03-Oct-19

1972 Samsar Steel Corporation SME Surveillance CRAB-SE 3 - - - 30-Dec-19

1973 SAN Apparels Ltd. Corporate Surveillance BB2 BB2(Lr) ST-4 Stable 30-Nov-19

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

43

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Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

1974 Sana Cloth Store SME Initial Rating CRAB-SE 4 - - - 26-Sep-19

1975 Sanguine Apparels Ltd. Corporate Initial Rating BB1 BB1(Lr) ST-4 Stable 30-Dec-19

1976 Sanitary Vision SME Initial Rating CRAB-SE 4 - - - 21-Nov-19

1977 Sanitary World SME Initial Rating CRAB-SE 3 - - - 21-Nov-19

1978 Sanjit Kumar Datta SME Initial Rating CRAB-SE 4 - - - 30-Dec-19

1979 Santosh Kumar Ghosh SME Initial Rating CRAB-SE 4 - - - 28-Dec-19

1980 Sanuara Oil Mill SME Surveillance CRAB-SE 3 - - - 20-Dec-19

1981 Sanzi Textile Mills Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 31-Mar-20

1982 Sapahar Filling Station SME Surveillance CRAB-SE 3 - - - 12-Jun-20

1983 Sapahar Rice Agency SME Surveillance CRAB-SE 3 - - - 28-May-20

1984 Sapahar Traders SME Surveillance CRAB-SE 3 - - - 28-May-20

1985 Sarker Agro Firm Corporate Surveillance - BB1(Lr) ST-4 - 30-Jun-19

1986 Sarker Motors SME Initial Rating CRAB-SE 4 - - - 29-Aug-19

1987 Sarker Printing & Publishing Corporate Surveillance - BBB1(Lr) ST-3 - 20-Aug-19

1988 Sarker Rice Agency SME Initial Rating CRAB-SE 4 - - - 14-Nov-19

1989 Sat Rong Electronics SME Initial Rating CRAB-SE 4 - - - 28-Nov-19

1990 Satarupa Avijat Bastra Biponi SME Initial Rating CRAB-SE 3 - - - 07-Nov-19

1991 Satata Enterprise SME Initial Rating CRAB-SE 3 - - - 06-Mar-20

1992 Satata Enterprise (Pubali Bank) SME Surveillance CRAB-SE 3 - - - 21-Sep-19

1993 Satata Filling Station SME Initial Rating CRAB-SE 3 - - - 26-Sep-19

1994 Satata Motors SME Initial Rating CRAB-SE 4 - - - 26-Dec-19

1995 Satata Poultry Firm SME Initial Rating CRAB-SE 4 - - - 25-Jul-19

1996 Satata RCC Pipe SME Surveillance CRAB-SE 3 - - - 14-Feb-20

1997 Satter & Brothers Corporate Surveillance - - ST-3 - 17-Jun-20

1998 Saturn Textiles Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 29-Jun-20

1999 Saudi Bangla Agrovet SME Surveillance CRAB-SE 3 - - - 05-Dec-19

2000 Saudia Sanitary SME Surveillance CRAB-SE 3 - - - 26-Jul-19

2001 Saurav Textile SME Surveillance CRAB-SE 3 - - - 18-Jun-20

2002 Sayed Traders SME Surveillance CRAB-SE 4 - - - 23-Jan-20

2003 Sayed Traders SME Surveillance CRAB-ME 4 - - - 26-Jul-19

2004 Sayed Traders (SEBL) SME Surveillance CRAB-SE 4 - - - 15-Dec-19

2005 Sayeed Enterprise and Its Sister Concern SME Surveillance CRAB-SE 5 - - - 27-Sep-19

2006 Sayera Enterprise SME Surveillance CRAB-ME 3 - - - 15-Jun-20

2007 Sayra Trading Corporation SME Surveillance CRAB-SE 4 - - - 08-Nov-19

2008 SAZ Builders Ltd. Corporate Surveillance - BBB3(Lr) - - 20-Sep-19

2009 Sazzad Steel Mills Corporate Surveillance - BBB3(Lr) ST-3 - 30-Nov-19

2010 SB Solution SME Surveillance CRAB-SE 3 - - - 27-Mar-20

2011 SBS Corporation SME Initial Rating CRAB-SE 3 - - - 26-Dec-19

2012 SBS Motor Workshop SME Surveillance CRAB-SE 3 - - - 07-Jun-20

2013 Scandex Textile Industries Ltd. Corporate Initial Rating BBB2 BBB2(Lr) ST-3 Stable 30-Dec-19

2014 SD Camical Company SME Initial Rating CRAB-SE 4 - - - 28-Jun-20

2015 SD Trade International SME Initial Rating CRAB-SE 4 - - - 28-Jun-20

2016 Sea Blue Textile Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 20-May-20

2017 Sea Tex Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 17-May-20

2018 Seam Fashion SME Initial Rating CRAB-SE 4 - - - 12-Dec-19

2019 Secura Bangladesh Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 15-Aug-19

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

44

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Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

2020 Seiko Steel Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 01-Feb-20

2021 Self Innovative Fashion Ltd. Corporate Surveillance - - ST-3 - 08-May-20

2022 SENS SME Surveillance CRAB-SE 4 - - - 24-May-20

2023 Server Station SME Surveillance CRAB-ME 3 - - - 15-Mar-20

2024 Setara Fish Farm Ltd. Corporate Surveillance - BBB3(Lr) ST-4 - 07-Nov-19

2025 Seth Properties Ltd. Corporate Initial Rating - BBB3(Lr) ST-3 - 20-Mar-20

2026 Seth Trading Corporate Initial Rating - BBB3(Lr) ST-3 - 20-Mar-20

2027 Seven Seas Shipping Corporate Surveillance - BB3(Lr) - - 15-Dec-19

2028 SF Sweaters Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 30-Sep-19

2029 Shabbir Enterprise SME Initial Rating CRAB-SE 3 - - - 28-Jun-20

2030 Shadid Enterprise (SME) SME Initial Rating CRAB-SE 3 - - - 02-Mar-20

2031 Shafi Enterprise SME Surveillance CRAB-SE 4 - - - 30-Dec-19

2032 Shafi Food Products SME Initial Rating CRAB-SE 4 - - - 21-Nov-19

2033 Shafikul Traders SME Initial Rating CRAB-SE 4 - - - 26-Dec-19

2034 Shah Amanat Cutting Center Corporate Surveillance - BBB1(Lr) ST-3 - 26-Apr-20

2035 Shah Amanat Traders SME Initial Rating CRAB-SE 3 - - - 20-Dec-19

2036 Shah Amanat Traders (MTBL) Corporate Surveillance - BB3(Lr) ST-4 - 28-Dec-19

2037 Shah Majidia SME Initial Rating CRAB-ME 4 - - - 10-Oct-19

2038 Shah Rice Mill SME Surveillance CRAB-SE 4 - - - 15-Mar-20

2039 Shahab Uddin & Brothers SME Surveillance CRAB-SE 3 - - - 29-Mar-20

2040 Shahadat Hossain SME Surveillance CRAB-ME 3 - - - 26-Apr-20

2041 Shahidul Islam SME Initial Rating CRAB-SE 4 - - - 12-Sep-19

2042 Shahik Syndicate SME Initial Rating CRAB-SE 3 - - - 03-Oct-19

2043 Shahin Clinic & Diagnostic Center SME Initial Rating CRAB-SE 3 - - - 28-Dec-19

2044 Shahin Industries SME Initial Rating CRAB-SE 3 - - - 28-Jun-20

2045 Shahin Thai & SS SME Initial Rating CRAB-SE 3 - - - 13-Feb-20

2046 Shahjalal Store SME Surveillance CRAB-SE 3 - - - 14-Mar-20

2047 Shahjibazar Power Company Ltd. Corporate Surveillance AA1 AA1(Lr) ST-2 Stable 27-Jan-20

2048 Shaikat Enterprise SME Initial Rating CRAB-SE 3 - - - 06-Mar-20

2049 Shaikat Knitwear Corporate Surveillance - BBB2(Lr) ST-3 - 02-Mar-20

2050 Shaikat Trading SME Surveillance CRAB-SE 3 - - - 10-Oct-19

2051 Shakal Shandha Poultry Feed & Sister Concern SME Surveillance CRAB-SE 5 - - - 22-Nov-19

2052 Shakil & Hira Enterprise SME Surveillance CRAB-SE 4 - - - 19-Jul-19

2053 Shamim & Brothers SME Initial Rating CRAB-SE 4 - - - 24-Oct-19

2054 Shamim Enterprise SME Surveillance CRAB-SE 4 - - - 29-Aug-19

2055 Shampa Flour Mills Ltd. Corporate Surveillance AA1 AA1(Lr) ST-1 Stable 31-Dec-19

2056 Shams Styling Wear Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Jun-20

2057 Shamsul Haque Pharmacy SME Surveillance CRAB-SE 3 - - - 19-Dec-19

2058 Shangu Tex Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 30-Jun-19

2059 Shanon Sweaters Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-3 Stable 20-Mar-20

2060 Shanta Moni Traders SME Surveillance CRAB-SE 4 - - - 13-Sep-19

2061 Shanto Enterprise SME Surveillance CRAB-ME 4 - - - 26-Jul-19

2062 Shanur Traders SME Surveillance CRAB-SE 4 - - - 26-Dec-19

2063 Shaodagor SME Surveillance CRAB-SE 3 - - - 07-Mar-20

2064 Shapla Enterprise SME Initial Rating CRAB-SE 3 - - - 29-Jun-20

2065 Shapla Rice Mill SME Surveillance CRAB-SE 3 - - - 30-Dec-19

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

45

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Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

2066 Sharaf LPG Ltd. Corporate Initial Rating BBB3(Pr) - - - 26-Jun-20

2067 Sharafat & Brothers SME Surveillance CRAB-SE 3 - - - 31-Dec-19

2068 Sharder Enterprise SME Initial Rating CRAB-SE 4 - - - 30-Jan-20

2069 Sharif Clod Storage Ltd. Corporate Surveillance - A2(Lr) ST-3 - 30-Jun-20

2070 Sharif Engineering Cran & Raker Service SME Initial Rating CRAB-SE 3 - - - 27-Mar-20

2071 Sharif Husking Mill SME Surveillance CRAB-SE 4 - - - 18-Nov-19

2072 Sharoda Dal & Food Industries Corporate Surveillance - BBB3(Lr) ST-3 - 31-May-20

2073 Sharoda Flour Mills Corporate Surveillance - BBB3(Lr) ST-3 - 31-May-20

2074 Sharoda Traders Corporate Surveillance - BBB3(Lr) ST-3 - 31-May-20

2075 Sharp Kargo Kare Ltd. SME Surveillance CRAB-SE 4 - - - 23-Jun-20

2076 Shasha Denims Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable 30-Jun-19

2077 Shasha Garments Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Nov-19

2078 Shatu Pipes Ltd. SME Surveillance CRAB-SE 3 - - - 23-May-20

2079 Shatu Steels Corporate Surveillance - - ST-4 - 14-Feb-20

2080 Shawan PVC pipe Industries SME Initial Rating CRAB-SE 4 - - - 03-Oct-19

2081 Shefa Fabrics SME Initial Rating CRAB-SE 3 - - - 14-Feb-20

2082 Shehzad Food Products Ltd. Corporate Initial Rating BBB1 BBB1(Lr) ST-3 Stable 15-May-20

2083 Sheikh Traders SME Initial Rating CRAB-SE 3 - - - 20-Mar-20

2084 Shell Hometex Industry SME Surveillance CRAB-ME 4 - - - 19-Feb-20

2085 Sheltech (PVT) Limited Corporate Surveillance A2 A2(Lr) ST-3 Stable 30-Oct-19

2086 Sheltech Ceramics Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 31-Dec-19

2087 Sheltech Engineering Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 31-Oct-19

2088 Shetue Fish Food SME Surveillance CRAB-SE 4 - - - 25-Nov-19

2089 Shilpi Mobile Media SME Initial Rating CRAB-SE 4 - - - 10-Oct-19

2090 Shine Pukur Corporation SME Surveillance CRAB-SE 3 - - - 29-Aug-19

2091 Shipon Light House & Electronics SME Surveillance CRAB-SE 3 - - - 24-Jan-20

2092 Shirat Chemicals Ltd. Corporate Initial Rating BBB2 BBB2(Lr) ST-3 Stable 26-Sep-19

2093 Shoaib Enterprise SME Surveillance CRAB-SE 4 - - - 27-Sep-19

2094 Shoam Enterprise SME Surveillance CRAB-SE 4 - - - 17-Oct-19

2095 Shoeb Corporation Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 29-Sep-19

2096 Shoghanda SME Surveillance CRAB-SE 3 - - - 29-Jun-20

2097 Shohagh Motors Corporate Initial Rating - BBB3(Lr) ST-3 - 03-Oct-19

2098 Shohagpur Textile Mills Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 18-Jun-20

2099 Shosty Auto SME Initial Rating CRAB-SE 3 - - - 19-Feb-20

2100 Shovan Enterprise SME Initial Rating CRAB-SE 4 - - - 27-Mar-20

2101 Show Motion Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 27-Dec-19

2102 Shuvo Enterprise SME Surveillance CRAB-SE 4 - - - 02-Sep-19

2103 Shuvo Enterprise (IBBL) SME Initial Rating CRAB-SE 4 - - - 26-Sep-19

2104 Shyamnagar Filling Station & It's sister Concern SME Surveillance CRAB-SE 3 - - - 31-Oct-19

2105 Siam Saad Construction SME Surveillance CRAB-SE 3 - - - 07-Mar-20

2106 Siba Textile Processing Ltd. SME Surveillance CRAB-SE 4 - - - 08-May-20

2107 SIC Syndicate Corporate Surveillance - - ST-3 - 13-Feb-20

2108 Siddeswari Clod Storage Ltd. Corporate Surveillance - A2(Lr) ST-3 - 30-Jun-20

2109 Siddique Trading (Shetu Bricks) SME Surveillance CRAB-SE 4 - - - 17-Dec-19

2110 Signcom Digital Ltd. SME Surveillance CRAB-SE 4 - - Stable 12-Dec-19

2111 Sikder Enterprise SME Initial Rating CRAB-SE 4 - - - 28-Nov-19

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

46

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Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

2112 Sikder Traders SME Surveillance CRAB-SE 4 - - - 09-Aug-19

2113 Silkways Card & Printing Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 26-Aug-19

2114 Silmoon Electrodes Ltd. Corporate Surveillance - BBB3(Lr) - - 05-Dec-19

2115 Silua Traders SME Initial Rating CRAB-SE 4 - - - 03-Oct-19

2116 Silver Dal Mills Ltd. Corporate Initial Rating BBB1 BBB1(Lr) ST-3 Stable 15-May-20

2117 Silver Fabrics Ltd. SME Initial Rating CRAB-SE 4 - - - 17-Oct-19

2118 Silvers Developers Ltd. Corporate Initial Rating BBB3 - - Stable 31-Oct-19

2119 Sindabad.com Ltd. Corporate Initial Rating BBB3 - ST-3 Stable 05-Dec-19

2120 Sing Power Ltd. Corporate Initial Rating BBB3 - - Stable 12-Dec-19

2121 Siraj Apparels (PVT) Ltd. SME Surveillance CRAB-SE 4 - - - 16-May-20

2122 Siraj Mozumder SME Initial Rating CRAB-SE 4 - - - 03-Oct-19

2123 Sirina Garments & Textiles Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 15-Dec-19

2124 Sitalpur Auto Steel Mills Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 25-Jan-20

2125 Sitalpur Steel Mills Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 25-Jan-20

2126 Siyam Bahumukhi Khamar SME Surveillance CRAB-ME 4 - - - 29-Aug-19

2127 SK Enterprise SME Surveillance CRAB-SE 4 - - - 20-Jun-20

2128 SK Enterprise (IBBL) SME Surveillance CRAB-SE 3 - - - 28-May-20

2129 Sk Maa Knitwear SME Surveillance CRAB-SE 4 - - - 15-May-20

2130 Sky Dragos Industries Ltd. Corporate Initial Rating BBB3(Pr) - - - 30-Dec-19

2131 Skylark Fashions SME Initial Rating CRAB-SE 3 - - - 30-Jan-20

2132 Skyline Apparels Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 30-Jun-19

2133 Skyline Garments Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 30-Jun-19

2134 Smrity Bread & Biscuit Factory SME Initial Rating CRAB-SE 4 - - - 18-Jul-19

2135 Snigdha Enterprise SME Surveillance CRAB-SE 4 - - - 29-Aug-19

2136 Sobhan Ice & Clod Storage Ltd. Corporate Surveillance - A2(Lr) ST-3 - 30-Jun-20

2137 Sobuj Flour Mill SME Surveillance CRAB-ME 3 - - - 24-Oct-19

2138 Society Aviation SME Surveillance CRAB-SE 4 - - - 10-May-20

2139 Soft Touch Bio Medics SME Surveillance CRAB-SE 3 - - - 29-Mar-20

2140 Sohan Traders SME Initial Rating CRAB-SE 4 - - - 13-Feb-20

2141 Sohel Store SME Initial Rating CRAB-SE 3 - - - 30-Jan-20

2142 Sohel Trading SME Surveillance CRAB-SE 4 - - - 28-Feb-20

2143 Sohel Trading Corporation Ltd. Corporate Surveillance - A3(Lr) - - 07-Jun-20

2144 Solid Flour Mills Ltd. SME Surveillance CRAB-SE 3 - - - 23-Aug-19

2145 Sonali Agro Trading SME Initial Rating CRAB-SE 5 - - - 12-Sep-19

2146 Sonali Bricks & Co. SME Surveillance CRAB-SE 4 - - - 25-Jan-20

2147 Sonali Dredgers Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 28-Mar-20

2148 Sonali Ofset Printers SME Surveillance CRAB-SE 3 - - - 14-Mar-20

2149 Sonali Paper & Board Mills Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 31-Dec-19

2150 Sonali Paribahan Sangstha SME Initial Rating CRAB-SE 3 - - - 12-Sep-19

2151 Sonali Traders SME Initial Rating CRAB-SE 3 - - - 23-Jun-20

2152 Sonapahar Filling Station SME Surveillance CRAB-ME 3 - - - 14-Aug-19

2153 Sonargaon Computer (SME) SME Initial Rating CRAB-SE 4 - - - 13-Feb-20

2154 Sonargaon Dairy Food and Agro Complex SME Initial Rating CRAB-SE 3 - - - 28-Nov-19

2155 Sonargaon Steel Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 30-Sep-19

2156 Sonargaon Trade International SME Surveillance CRAB-SE 4 - - - 26-Jul-19

2157 Sonda Cottage Industries SME Surveillance CRAB-SE 4 - - - 09-Sep-19

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

47

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Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

2158 Sonia Metal Industries SME Surveillance CRAB-SE 4 - - - 11-Sep-19

2159 Sonica Agri Foods Corporate Surveillance - BBB2(Lr) ST-3 - 30-Dec-19

2160 Sony Bricks & Co SME Surveillance CRAB-ME 3 - - - 26-Jul-19

2161 Sony Plastic Karkhana SME Initial Rating CRAB-SE 3 - - - 13-Mar-20

2162 Sorwar Traders SME Surveillance CRAB-SE 4 - - - 30-Dec-19

2163 Soudia Polymer Industries SME Initial Rating CRAB-SE 4 - - - 21-Nov-19

2164 South Eastern Tank Terminal Ltd. Corporate Surveillance - BBB3(Lr) - - 30-Jun-19

2165 Southern Clothings Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 28-Dec-19

2166 Southern Services Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 28-Dec-19

2167 SP Fabrics SME Surveillance CRAB-SE 3 - - - 01-Feb-20

2168 SP Fashions Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 30-Sep-19

2169 Spacia Apparels Ltd. SME Surveillance CRAB-ME 5 - - - 29-Jun-20

2170 Spectra Dye-Chem (Pvt.) Ltd. SME Surveillance CRAB-SE 4 - - - 26-Sep-19

2171 Spectrum Technocracy SME Initial Rating CRAB-SE 3 - - - 19-Feb-20

2172 Speedway Logistics SME Surveillance CRAB-ME 3 - - - 10-Jun-20

2173 Sports Bazar SME Surveillance CRAB-SE 3 - - - 23-Mar-20

2174 Spring Trade Ltd. Corporate Surveillance BBB3 - ST-3 Stable 27-Mar-20

2175 Srabon Fabrics SME Initial Rating CRAB-SE 3 - - - 15-Aug-19

2176 SRP Sweaters Corporate Surveillance - - ST-3 - 31-May-20

2177 Standard Collection Manufacturing Co. SME Surveillance CRAB-SE 4 - - - 05-Mar-20

2178 Standard Finis Oil Co. Corporate Surveillance - BBB2(Lr) ST-3 - 19-Sep-19

2179 Standard Group Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable 20-Sep-19

2180 Standard Stitches Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable 30-Jun-20

2181 Star Adhesive Ltd. Corporate Surveillance - A2(Lr) ST-3 - 30-Dec-19

2182 Star Aluminium Industries Ltd. SME Surveillance CRAB-SE 4 - - - 30-Dec-19

2183 Star Foam Industries Ltd. SME Surveillance CRAB-SE 3 - - - 13-Sep-19

2184 Star Padding Industries Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 14-Sep-19

2185 Star Partical Board Mills Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable 30-Jun-20

2186 Steel & Cement Corporation Corporate Surveillance - - ST-3 - 15-Oct-19

2187 Steel Core SME Surveillance CRAB-SE 4 - - - 26-Sep-19

2188 Steel Home SME Initial Rating CRAB-SE 3 - - - 01-Aug-19

2189 Steeltech Industries Ltd. Corporate Initial Rating A3 A3(Lr) ST-3 Stable 29-Jun-20

2190 Sterling Designs Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 05-Dec-19

2191 STS Holdings Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable 31-Mar-20

2192 Stylecraft Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 30-Sep-19

2193 Subarna Agro Food Products SME Initial Rating CRAB-ME 3 - - - 19-Feb-20

2194 Subarna Agro Food Products Unit-2 SME Initial Rating CRAB-ME 3 - - - 19-Feb-20

2195 Subir Traders SME Surveillance CRAB-SE 4 - - - 29-Aug-19

2196 Sufi Apparels Ltd. Corporate Initial Rating - BB1(Lr) ST-4 Stable 19-Sep-19

2197 Sufia Fabrics Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 29-Jun-20

2198 Sufia Food Industry Ltd. Corporate Surveillance BBB3(Pr) - - - 31-Jul-19

2199 Sufia Traders SME Surveillance CRAB-SE 4 - - - 23-Mar-20

2200 Sujone Marine Enterprise SME Initial Rating CRAB-SE 3 - - - 23-Jan-20

2201 Sultan Motors Tailring SME Surveillance CRAB-SE 3 - - - 01-Mar-20

2202 Sultana International SME Surveillance CRAB-SE 4 - - - 23-Aug-19

2203 Sultana Traders SME Surveillance CRAB-SE 4 - - - 27-Jun-20

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

48

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Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

2204 Suma International Services SME Initial Rating CRAB-ME 3 - - - 26-Sep-19

2205 Sumaiya paper cone factory SME Initial Rating CRAB-SE 3 - - - 14-Nov-19

2206 Summit Alliance Port Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 27-Mar-20

2207 Sumon & Brothers SME Surveillance CRAB-SE 4 - - - 25-Oct-19

2208 Sumon & Nirob Auto Rice Mill SME Initial Rating CRAB-ME 3 - - - 15-May-20

2209 Sumon Steel & Wooden Furniture SME Surveillance CRAB-SE 4 - - - 06-Jul-19

2210 Sumon Traders SME Surveillance CRAB-SE 3 - - - 01-Mar-20

2211 Sunbeam Construction SME Surveillance CRAB-ME 3 - - - 30-Dec-19

2212 Sunbeams School Ltd. SME Surveillance CRAB-ME 3 - - - 27-Jun-20

2213 Sundarban Industrial Complex Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Nov-19

2214 Sunipun Accessories SME Surveillance CRAB-SE 3 - - - 01-Aug-19

2215 Sunlite Trading and Services Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 31-Aug-19

2216 Sunmoon Printing & Packaging Industries SME Initial Rating CRAB-ME 3 - - - 28-Nov-19

2217 Sunnex Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-3 Stable 29-Jun-20

2218 Sunshine Traders SME Initial Rating CRAB-SE 4 - - - 24-Oct-19

2219 Super Medical Hospital (Pvt.) Ltd. SME Surveillance CRAB-ME 3 - - - 28-Dec-19

2220 Super Power Pharmaceuticals Ltd. SME Surveillance CRAB-SE 4 - - - 14-Feb-20

2221 Super Sign Industries Electrical Ltd. Corporate Initial Rating A2 A2(Lr) ST-3 Stable 12-Dec-19

2222 Supreme Filling Station SME Initial Rating CRAB-SE 3 - - - 18-Jul-19

2223 Surovi Partical Gallery SME Surveillance CRAB-SE 3 - - - 29-Mar-20

2224 Suvessa Electric Store SME Surveillance CRAB-SE 3 - - - 20-Dec-19

2225 Suzan Metal Industries SME Initial Rating CRAB-SE 3 - - - 12-Jun-20

2226 Swantex Ltd. Corporate Initial Rating - BB1(Lr) ST-3 - 31-Oct-19

2227 Swapan Enterprise SME Surveillance CRAB-ME 3 - - - 26-Jul-19

2228 Swapnil Enterprise SME Initial Rating CRAB-SE 4 - - - 02-Mar-20

2229 Swedish Motors Ltd. Corporate Surveillance - - ST-4 - 30-Mar-20

2230 Syed Imrul Sirajee SME Surveillance CRAB-SE 3 - - - 06-Jun-20

2231 Systems Solutions & Development Technologies Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 31-Oct-19

2232 T A Traders SME Initial Rating CRAB-SE 3 - - - 26-Sep-19

2233 Taha Enterprise SME Surveillance CRAB-SE 3 - - - 21-Dec-19

2234 Taher Enterprise SME Initial Rating CRAB-SE 3 - - - 17-Apr-20

2235 Tahmeena Enterprise SME Initial Rating CRAB-ME 3 - - - 19-Sep-19

2236 Tahmina Nirman Sangstha SME Surveillance CRAB-SE 4 - - - 03-Oct-19

2237 Tahsin Agro SME Surveillance CRAB-SE 4 - - - 29-Aug-19

2238 Taimur Plastic Non Oven Fabrics SME Surveillance CRAB-SE 3 - - - 01-Mar-20

2239 Taj International Ltd. SME Surveillance CRAB-SE 4 - - - 19-Apr-20

2240 Tajkia Enterprise SME Initial Rating CRAB-SE 3 - - - 14-Nov-19

2241 Tajmahal Traders SME Surveillance CRAB-SE 3 - - - 27-Sep-19

2242 Tajriyan Food & Beverages (Pvt.) Ltd. SME Initial Rating CRAB-SE 3 - - - 18-Jul-19

2243 Takdir Dal Mill SME Initial Rating CRAB-SE 3 - - - 01-Aug-19

2244 Takeout Ltd. (foodpanda counter parties) Private RatingInitial Rating BBB3(Pvt.) - - Stable 07-Nov-19

2245 Talha Tex Pro Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 29-Sep-19

2246 Tallsman Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 15-Feb-20

2247 Talukder Enterprise SME Initial Rating CRAB-SE 4 - - - 24-Oct-19

2248 Talukder Telecom SME Surveillance CRAB-SE 3 - - - 19-Dec-19

2249 Tampaco Foils Ltd. Corporate Surveillance A3(Pr) - - - 31-Oct-19

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

49

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Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

2250 Tanayabi Enterprise Corporate Surveillance - BB1(Lr) - - 19-Feb-20

2251 Tangail Flour & Dall Mill SME Surveillance CRAB-SE 3 - - - 03-May-20

2252 Tanima Knit Composite Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 31-Dec-19

2253 Tanisha Enterprise SME Initial Rating CRAB-SE 4 - - - 28-Dec-19

2254 Tannima Enterprise SME Surveillance CRAB-SE 4 - - - 10-Jun-20

2255 Taqwa Autithi Tour & Travels SME Surveillance CRAB-SE 4 - - - 03-Oct-19

2256 Tarasima Apparels Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 31-Oct-19

2257 Taratex (BD) Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 06-Nov-19

2258 Tasfia Yarn Trading SME Surveillance CRAB-SE 3 - - - 15-Mar-20

2259 Taslim Enterprise SME Surveillance CRAB-SE 4 - - - 10-May-20

2260 Tasnim Traders SME Initial Rating CRAB-ME 4 - - - 08-Aug-19

2261 Tayeba Weaving Factory SME Surveillance CRAB-ME 4 - - - 26-Dec-19

2262 Tazrian Weaving Mills Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 31-Dec-19

2263 Techno HVAC System Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable 03-Oct-19

2264 Techno Power Vision SME Initial Rating CRAB-SE 4 - - - 10-Apr-20

2265 Techsol Engineering Ltd. SME Initial Rating - BBB2(Lr) ST-3 - 01-May-20

2266 Tex Tailor Export (BD) Ltd. Corporate Surveillance - BBB3(Lr) ST-4 - 31-Dec-19

2267 Texmart Trading Co. Ltd. Corporate Surveillance - BBB2(Lr) - - 09-Mar-20

2268 Textile Horizon Corporate Surveillance - BBB2(Lr) ST-3 - 15-Dec-19

2269 Thai-Foils & Polymer Industries Ltd. Corporate Surveillance - BBB2(Lr) ST-4 - 31-Aug-19

2270 Thakral Information System Pvt. Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 27-Sep-19

2271 The Civil Engineers Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 20-Sep-19

2272 The Immaculate (Pvt.) Ltd. Corporate Surveillance BB3 BB3(Lr) ST-4 Stable 30-Dec-19

2273 The Immaculate Textiles Ltd. Corporate Surveillance BB3 BB3(Lr) ST-4 Stable 30-Dec-19

2274 The Merchants Ltd. Corporate Initial Rating BBB1 BBB1(Lr) ST-3 Stable 27-Mar-20

2275 The Peninsula Chittagong Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable 29-Sep-19

2276 The Pipeline Engineers & Associates Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable 08-Mar-20

2277 The Platinum Flour Mills SME Initial Rating CRAB-SE 3 - - - 30-Mar-20

2278 The Rose Dresses Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 31-Jan-20

2279 The Sages International Corporate Initial Rating - BB1(Lr) ST-4 - 30-Mar-20

2280 Theme Engineers Ltd. SME Initial Rating CRAB-SE 3 - - - 13-Mar-20

2281 Tiger IT Bangladesh Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 30-Nov-19

2282 Tiles View SME Surveillance CRAB-SE 3 - - - 14-Jun-20

2283 Tilka Fashion SME Surveillance CRAB-SE 4 - - - 08-Nov-19

2284 Tilottoma Lifestyle Ltd. SME Surveillance CRAB-SE 3 - - - 27-Sep-19

2285 Tilottoma Trade Center SME Surveillance CRAB-SE 3 - - - 27-Sep-19

2286 Tip Top Fashions Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Jun-20

2287 Tithi Textile Mills (Pvt) Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 30-Sep-19

2288 TNTS Enterprise Corporate Surveillance - BB2(Lr) - - 30-Jun-19

2289 Tofazzal Book House SME Initial Rating CRAB-SE 3 - - - 01-May-20

2290 Tofazzal Trade International SME Initial Rating CRAB-SE 4 - - - 01-May-20

2291 Toggi Services Ltd. Corporate Initial Rating BBB1 BBB1(Lr) ST-3 Stable 30-Nov-19

2292 Tohorul Traders SME Initial Rating CRAB-SE 4 - - - 30-Jan-20

2293 Tokai Power Products Limited Corporate Surveillance BB1 BB1(Lr) ST-4 Stable 11-Jul-19

2294 Toma Concrete Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 08-Aug-19

2295 Toma Construction & Co. Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 31-Oct-19

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

50

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Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

2296 Tonmoy Traders Corporate Surveillance - BBB2(Lr) ST-3 - 05-Aug-20

2297 Top Jeans Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 09-Jul-20

2298 Top Muk Shoes SME Initial Rating CRAB-SE 3 - - - 22-May-20

2299 Top Star Fashions Ltd. Corporate Surveillance - BB1(Lr) ST-4 - 30-Dec-19

2300 Torque Fashions Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 30-Dec-19

2301 Toss Corporation Ltd. SME Initial Rating CRAB-SE 4 - - - 08-Aug-19

2302 Toyabur Rahman SME Initial Rating CRAB-SE 3 - - - 26-Dec-19

2303 Trade International SME Surveillance CRAB-ME 3 - - - 11-Nov-19

2304 Trade International Industries Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 30-Dec-19

2305 Trade Port SME Surveillance CRAB-SE 4 - - - 26-Dec-19

2306 Trade Power International SME Surveillance CRAB-SE 4 - - - 28-Feb-20

2307 Transworld Sweaters Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 29-Sep-19

2308 Treat Point Limited Corporate Initial Rating BBB3(Pr) - - - 31-Oct-19

2309 Triple Apparels Ltd. Corporate Surveillance A3(Pr) - - - 30-Jun-19

2310 Trisha Flour Mill SME Surveillance CRAB-ME 3 - - - 19-Oct-19

2311 TS Transformer Ltd. Corporate Initial Rating A3 A3(Lr) ST-3 Stable 01-May-20

2312 TSCO Power Ltd. Corporate Initial Rating BBB1 BBB1(Lr) ST-3 Stable 15-May-20

2313 Tuha Enterprise SME Surveillance CRAB-SE 3 - - - 26-Apr-20

2314 Tuhin Textile SME Initial Rating CRAB-SE 3 - - - 15-May-20

2315 Tulip Enterprise Corporate Surveillance - - ST-3 - 30-Jun-19

2316 Tulip Steel Corporate Surveillance - BBB3(Lr) ST-3 - 30-Jun-19

2317 Turjo Enterprise SME Initial Rating CRAB-SE 4 - - - 06-Feb-20

2318 Tushar Metal Industries SME Initial Rating CRAB-SE 4 - - - 30-Jan-20

2319 Tusuka Apparels Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 22-Apr-20

2320 Tusuka Denim Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 22-Apr-20

2321 Tusuka Fashions Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable 22-Apr-20

2322 Tusuka Jeans Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable 22-Apr-20

2323 Tusuka Washing Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 22-Apr-20

2324 U F M (BD) Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable 05-Dec-19

2325 Ultimate Fashions Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 04-Apr-20

2326 Uni Gears Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Dec-19

2327 Unicom Media Ltd. Corporate Surveillance - BBB2(Lr) ST-3 - 14-Dec-19

2328 Unicom Textile Mills Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 11-Jun-20

2329 Unifill Composite Dyeing Mills Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-4 Stable 29-Jun-20

2330 Uniform Textile Ltd. Corporate Initial Rating BBB2 BBB2(Lr) ST-1, ST-3 Stable 20-Mar-20

2331 Unilliance Textiles Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable 30-Jan-20

2332 Unimex Textile Mills Ltd. Corporate Surveillance - BB2(Lr) ST-4 - 30-Sep-19

2333 Union Agro Industries SME Initial Rating CRAB-SE 3 - - - 17-Oct-19

2334 Union BD Consumer Ltd. SME Surveillance CRAB-SE 3 - - - 15-Apr-20

2335 Unique Enterprise SME Surveillance CRAB-SE 5 - - - 01-Feb-20

2336 Unique Footwear Industries Corporate Surveillance - BBB2(Lr) ST-3 - 30-Jun-20

2337 Unique Meghnaghat Power Ltd. Corporate Surveillance A3(Pr) - - - 18-Aug-19

2338 Unique Standard Bricks Ltd. SME Surveillance CRAB-SE 3 - - - 30-Dec-19

2339 Unison Homoeo Laboratories SME Surveillance CRAB-ME 3 - - - 09-Mar-20

2340 United Anwara Power Ltd. Corporate Initial Rating A1(Pr) - - - 20-Sep-19

2341 United Apparels Industries Ltd. Corporate Surveillance BB1 BB1(Lr) ST-4 Negative 19-Sep-19

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

51

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Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

2342 United Express (Dhaka Bank) SME Surveillance CRAB-SE 3 - - - 30-Nov-19

2343 United Traders Corporate Surveillance - AA3(Lr) ST-2 - 28-Mar-20

2344 Unity Accessories (Pvt.) Ltd. SME Surveillance CRAB-ME 3 - - - 20-Sep-19

2345 Universal Denims Ltd. Corporate Initial Rating BBB3(Pr) - - - 30-Sep-19

2346 Universal Engineering SME Surveillance CRAB-ME 4 - - - 01-Aug-19

2347 Universal Enterprise SME Surveillance CRAB-SE 3 - - - 01-Aug-19

2348 Universal Menswear Ltd. (Surveillance) Corporate Surveillance AA3 AA3(Lr) ST-3 Stable 14-Jan-20

2349 Universal Power Ltd. SME Initial Rating CRAB-ME 3 - - - 17-Apr-20

2350 Universal Sweater Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 10-Aug-19

2351 Universal Textile Machinery & Parts Ltd. SME Surveillance CRAB-SE 4 - - - 06-Mar-20

2352 Update Care Hospital SME Initial Rating CRAB-SE 3 - - - 19-Feb-20

2353 USA Agro and Auto Bricks Ltd. Corporate Surveillance BBB3(Pr) - - - 31-Dec-19

2354 Usha Construction SME Initial Rating CRAB-ME 3 - - - 14-Nov-19

2355 Usha Silk Printing & Weaving Factory SME Initial Rating CRAB-SE 3 - - - 23-Jan-20

2356 Uttara University Corporate Surveillance - BBB1(Lr) ST-1 - 17-Nov-19

2357 Uzzal Enterprise SME Surveillance CRAB-SE 3 - - - 06-Mar-20

2358 Uzzal Traders SME Surveillance CRAB-SE 4 - - - 21-Mar-20

2359 Vai Vai Poultry Farm SME Initial Rating CRAB-SE 4 - - - 21-Nov-19

2360 Vai Vai Steel King SME Initial Rating CRAB-SE 4 - - - 31-Oct-19

2361 Vai Vai Traders SME Initial Rating CRAB-SE 4 - - - 26-Sep-19

2362 Vai Vai Traders (IBBL_Bogura) SME Surveillance CRAB-SE 4 - - - 07-Mar-20

2363 Vai Vai Traders (Naogaon) SME Initial Rating CRAB-SE 4 - - - 23-Jan-20

2364 Vandari Chaul Kol SME Initial Rating CRAB-SE 3 - - - 01-Aug-19

2365 Vandary Auto Rice Mill SME Surveillance CRAB-SE 4 - - - 20-Dec-19

2366 Vastech Ltd. Corporate Surveillance - BB2(Lr) ST-4 - 23-Dec-19

2367 Venus Glass Ltd. SME Initial Rating CRAB-SE 3 - - - 28-Jun-20

2368 Venus Jewellers Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 30-Dec-19

2369 Venus Telecom Ltd. Corporate Surveillance - BBB3(Lr) ST-3 - 21-Jul-19

2370 Versatile Textiles Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-4 Stable 30-Mar-20

2371 Vertex Off-Dock Logistic Services Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 30-Dec-19

2372 Village Technologies Ltd. SME Surveillance CRAB-SE 3 - - - 11-Oct-19

2373 VIP Auto Flour Mill Corporate Initial Rating - BBB3(Lr) ST-3 - 06-Feb-20

2374 VIP Store SME Surveillance CRAB-SE 3 - - - 29-Dec-19

2375 Virgo Fish & Agro Process Ltd. Corporate Surveillance - BB1(Lr) ST-3 - 10-Aug-19

2376 Vision JIT Enterprise Corporate Initial Rating - BBB3(Lr) ST-4 - 28-Jun-20

2377 Vitalac Dairy & Food Industries Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 28-Dec-19

2378 Viyellatex Ltd. Corporate Initial Rating AA1 - ST-2 Stable 30-Sep-19

2379 Voltex Battery Manufacturing Com. Ltd. SME Surveillance CRAB-ME 3 - - - 17-Apr-20

2380 VOTT Oil Refineries Ltd. Corporate Surveillance AAA AAA(Lr) ST-1 Stable 31-Dec-19

2381 W H Trims & Packaging Industries Ltd. Corporate Surveillance - BBB3(Lr) - - 30-Jun-20

2382 Wahidul Islam Enterprise SME Initial Rating CRAB-SE 4 - - - 19-Sep-19

2383 Walford International and its sister concern Maisha EnterpriseSME Initial Rating CRAB-SE 4 - - - 08-May-20

2384 Wasco Biscuit & Bread Factory Corporate Surveillance - BBB1(Lr) ST-3 - 15-Dec-19

2385 Wasi Knit Fiber SME Surveillance CRAB-SE 4 - - - 23-Nov-19

2386 Wasi Trade International SME Surveillance CRAB-ME 3 - - - 15-Sep-19

2387 Wasica Trade International SME Initial Rating CRAB-SE 3 - - - 03-Oct-19

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

52

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Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

2388 Watan Bangladesh Pvt. Ltd. SME Surveillance CRAB-SE 3 - - - 10-Oct-19

2389 Wave Jute Mills Ltd. SME Surveillance CRAB-ME 3 - - - 29-Jun-20

2390 Wear Mag Ltd. Corporate Surveillance AA2 AA2(Lr) ST-3 Stable 30-Jun-20

2391 Well Accessories Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 29-Jun-20

2392 Well Care Diagnostic Centre SME Initial Rating CRAB-SE 4 - - - 26-Dec-19

2393 Well Designers Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable 19-Mar-20

2394 Well Distribution And Marketing Company Ltd. Corporate Initial Rating - BBB3(Lr) ST-3 - 08-May-20

2395 Well Dresses Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 15-Mar-20

2396 Well Fabrics Corporate Surveillance - BBB3(Lr) ST-3 - 29-Jun-20

2397 Well Fashion Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 26-Mar-20

2398 Well Food & Beverage Company Ltd. Corporate Initial Rating - BBB2(Lr) ST-3 - 12-Dec-19

2399 Well Foods Ltd Corporate Surveillance A3 A3(Lr) ST-3 Stable 15-Sep-19

2400 Well Mart Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 13-Mar-20

2401 Well Step Shoes SME Surveillance CRAB-SE 4 - - - 10-May-20

2402 Well Trade Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable 15-Mar-20

2403 Western Electronics Ind. Syndicate Ltd. Corporate Surveillance - BBB3(Lr) ST-4 - 07-Nov-19

2404 Western Marine Services Ltd. Corporate Initial Rating - B1(Lr) ST-4 - 29-Aug-19

2405 William Agencies Corporate Surveillance - - ST-3 - 11-May-20

2406 Win East Paper Trading SME Surveillance CRAB-SE 3 - - - 08-Nov-19

2407 Wohab Traders & Zahid Biz Vander SME Surveillance CRAB-SE 3 - - - 23-Nov-19

2408 World Jute CO. BD. Ltd. SME Initial Rating CRAB-SE 4 - - - 30-Dec-19

2409 X Ceramics Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 30-Dec-19

2410 Xcel Infrastructure Limited Corporate Surveillance - - ST-4 - 11-Jul-19

2411 Xclusive Can Ltd. Corporate Surveillance - BBB1(Lr) ST-3 - 10-Aug-20

2412 XEBEC Trade International & it’s Sister Concern Corporate Initial Rating - BBB3(Lr) ST-3 - 27-Mar-20

2413 Xenesis Innovations Ltd. SME Initial Rating CRAB-SE 4 - - - 29-Jun-20

2414 Xylia Developers SME Initial Rating CRAB-SE 4 - - - 20-Mar-20

2415 Y S Shipping Lines Corporate Initial Rating - BBB3(Lr) - - 06-Feb-20

2416 Yakub & Brothers SME Initial Rating CRAB-ME 3 - - - 25-Jul-19

2417 Yeakin Polymer Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 30-Dec-19

2418 Yeasin Electronics & Its sister concern Century Trade InternationalSME Surveillance CRAB-SE 3 - - - 30-Jun-20

2419 Youngones (Bangladesh) Ltd. Unit-II Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 31-Dec-19

2420 Younus Cold Storage Ltd. Corporate Surveillance - A2(Lr) ST-3 - 30-Jun-20

2421 Younus Fine Paper Mills Ltd. Corporate Surveillance - AA3(Lr) ST-2 - 31-Dec-19

2422 Younus Newsprint Mill Ltd. Corporate Surveillance - A1(Lr) ST-3 - 30-Jun-20

2423 Younus Offset Paper Mills Ltd. Corporate Surveillance - AA3(Lr) ST-2 - 31-Dec-19

2424 Younus Paper Mills Ltd. Corporate Surveillance - A1(Lr) ST-3 - 30-Jun-20

2425 Younus Specialized Cold Storage Ltd. Corporate Surveillance - A2(Lr) ST-3 - 30-Jun-20

2426 Younus Spinning Mills Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 31-Dec-19

2427 Your Fashion Sweater Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 29-Sep-19

2428 Yousuf & Sons SME Surveillance CRAB-SE 3 - - - 23-Aug-19

2429 Yousuf Bricks SME Surveillance CRAB-SE 4 - - - 29-Nov-19

2430 Zahed and Brothers SME Initial Rating CRAB-SE 3 - - - 24-Oct-19

2431 Zahed Traders SME Initial Rating CRAB-SE 3 - - - 01-Aug-19

2432 Zahir Steel & Re-rollong Mills Ltd. Corporate Initial Rating BBB2 BBB2(Lr) ST-3 Stable 05-Sep-19

2433 Zakir Enterprise Corporate Surveillance - BBB3(Lr) ST-4 - 18-Apr-20

Lr-Loan rating, Pr-Project rating, SO-Structured Obligation,

53

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Rating Update -June 2019 (Update up to 30 June 2019)

Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings Rating(Alphabetical order)

Firm TypeRating Long Term Short Term* Outlook Validity**

2434 Zakmars Fashion Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 29-Dec-19

2435 Zam Zam Rice Agency SME Surveillance CRAB-ME 3 - - - 30-Dec-19

2436 Zaman Textile SME Initial Rating CRAB-SE 3 - - - 30-Dec-19

2437 Zaman Traders SME Initial Rating CRAB-ME 3 - - - 03-Oct-19

2438 Zamson & Company SME Initial Rating CRAB-SE 2 - - - 10-Apr-20

2439 Zannat Motors SME Initial Rating CRAB-SE 4 - - - 28-May-20

2440 Zara Zaman Technology SME Surveillance CRAB-SE 2 - - - 31-Jan-20

2441 Zareen Plantation Ltd. Corporate Surveillance A3 A3(Lr) ST-2 Stable 15-Dec-19

2442 Zehas Enterprise SME Surveillance CRAB-SE 3 - - - 17-May-20

2443 Zeil Wears Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-1,ST-4 Stable 05-Dec-19

2444 Zenith Spinning Mills Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable 31-Dec-19

2445 Zero Coupon Islamic Certificates for Robi Axiata Ltd. Corporate Surveillance AA2(SO) - - - 31-Aug-19

2446 Zia Enterprise SME Surveillance CRAB-SE 3 - - - 18-Jul-19

2447 Zia Foam & Furniture SME Surveillance CRAB-SE 3 - - - 10-Oct-19

2448 Zian Tex SME Surveillance CRAB-SE 3 - - - 09-Nov-19

2449 Zilani Trading Corporation Ltd. SME Initial Rating CRAB-ME 3 - - - 19-Sep-19

2450 Zillu Motors SME Surveillance CRAB-SE 3 - - - 03-Feb-20

2451 Zim Enterprise Ltd. and it’s sister concern Mamun StationarySME Initial Rating CRAB-SE 3 - - - 02-Mar-20

2452 Ziri Subedar Steel Re-Rolling Mills Corporate Surveillance - BBB3(Lr) ST-4 - 10-Sep-19

2453 Ziska Pharmaceuticals Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable 31-Dec-19

2454 ZK Foils Ltd. Corporate Surveillance - BBB1(Lr) ST-3 - 08-Nov-19

2455 ZMS Steel SME Surveillance CRAB-SE 4 - - - 03-May-20

2456 Zubair & Brothers SME Surveillance CRAB-SE 3 - - - 24-Jan-20

2457 Zubair Vision Electronics SME Surveillance CRAB-SE 4 - - - 14-Mar-20

2458 Zulfiquer Enterprise SME Surveillance CRAB-ME 3 - - - 14-Dec-19

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 SecretaryCell: 01713 032807, E-mail: [email protected]

Mohammed Tajul Islam, Chief Rating OfficerCell: 01713 002320, E-mail: [email protected]

Ehsanul Kabir, 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,

54