corporate and sme · 2019-01-23 · rating update -december 2018 (update up to 31 december 2018) sl...

116
Rating Update -December 2018 (Update up to 31 December 2018) Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings (Alphabetical order) Firm Type Rating Long Term Short Term* Outlook Corporate and SME 1 3M SME Surveillance CRAB-SE 4 - - - 2 A & B Outwear Ltd. Corporate Surveillance - BBB 1 (Lr) ST-3 Stable 3 A & J International SME Surveillance CRAB-SE 4 - - - 4 A and B Bricks SME Initial Rating CRAB-SE 4 - - - 5 A B M Enterprise SME Initial Rating CRAB-SE 4 - - - 6 A H Khan & Co Corporate Surveillance - BBB 1 (Lr) ST-1 - 7 A H Trading Corporation SME Initial Rating CRAB-SE 3 - - - 8 A K Fish & Poultry Feed (Pvt.) Ltd. SME Surveillance CRAB-ME 3 - - - 9 A K Shoes SME Surveillance CRAB-SE 3 - - - 10 A Kashem Timber & Sawmill SME Surveillance CRAB-ME 3 - - - 11 A M Cold Storage Ltd. Corporate Surveillance A 3 A 3 (Lr) ST-3 Stable 12 A M I And Company SME Surveillance CRAB-ME 2 - - - 13 A M pack Ltd. SME Surveillance CRAB-ME 4 - - - 14 A parvez Chowdhury SME Surveillance CRAB-SE 4 - - - 15 A R Embroidery & Design Ltd. SME Initial Rating CRAB-SE 4 - - - 16 A S Enterprise SME Surveillance CRAB-ME 2 - - - 17 A S P Enterprise SME Surveillance CRAB-SE 3 - - - 18 A Tex International Ltd. Corporate Surveillance A 3 A 3 (Lr) ST-3 Stable 19 AA Knitspin Limited Corporate Initial Rating BBB 3 (Pr) - - - 20 AA Synthetic Fibers Mills Ltd. Corporate Surveillance - BBB 1 (Lr) ST-3 - 21 Abbas Shopping Complex SME Surveillance CRAB-SE 3 - - - 22 Abbas Steel House SME Surveillance CRAB-ME 3 - - - 23 ABC Leather SME Surveillance CRAB-SE 3 - - - 24 Abdul Al Shobhan Bricks SME Surveillance CRAB-SE 4 - - - 25 Abdul Ali Filling Station SME Surveillance CRAB-SE 4 - - - 26 Abdul Awal Corporate Initial Rating - - ST-3 - 27 Abdul Barek Traders SME Surveillance CRAB-SE 3 - - - 28 Abdullah Al Jarbowa Makkah Filling Station SME Initial Rating CRAB-SE 3 - - - 29 Abdullah and Sons SME Initial Rating CRAB-SE 3 - - - 30 Abdullah Enterprise SME Initial Rating CRAB-SE 4 - - - 31 Abdus Salam Traders SME Surveillance CRAB-SE 4 - - - 32 Abdus Samad SME Initial Rating CRAB-ME 3 - - - 33 Abejan Chaul Kal SME Initial Rating CRAB-SE 3 - - - 34 Abid Enterprise SME Surveillance CRAB-SE 4 - - - 35 Abida Traders SME Initial Rating CRAB-SE 4 - - - 36 Abir Enterprise Corporate Surveillance - BB 1 (Lr) ST-4 - 37 Abir Fish & Sister Concern SME Initial Rating CRAB-SE 3 - - - 38 Abir Paribahan Sangstha Corporate Surveillance - - ST-3 - Lr-Loan rating, Pr-Project rating, SO-Structured Obligation, Dr-Debenture Rating * Short Term loans include both funded and non-funded limits. Lr-Loan rating, Pr-Project rating, SO-Structured Obligation, 1

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Page 1: Corporate and SME · 2019-01-23 · Rating Update -December 2018 (Update up to 31 December 2018) Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings (Alphabetical

Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

Corporate and SME1 3M SME Surveillance CRAB-SE 4 - - -

2 A & B Outwear Ltd. Corporate Surveillance - BBB1(Lr) ST-3 Stable

3 A & J International SME Surveillance CRAB-SE 4 - - -

4 A and B Bricks SME Initial Rating CRAB-SE 4 - - -

5 A B M Enterprise SME Initial Rating CRAB-SE 4 - - -

6 A H Khan & Co Corporate Surveillance - BBB1(Lr) ST-1 -

7 A H Trading Corporation SME Initial Rating CRAB-SE 3 - - -

8 A K Fish & Poultry Feed (Pvt.) Ltd. SME Surveillance CRAB-ME 3 - - -

9 A K Shoes SME Surveillance CRAB-SE 3 - - -

10 A Kashem Timber & Sawmill SME Surveillance CRAB-ME 3 - - -

11 A M Cold Storage Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

12 A M I And Company SME Surveillance CRAB-ME 2 - - -

13 A M pack Ltd. SME Surveillance CRAB-ME 4 - - -

14 A parvez Chowdhury SME Surveillance CRAB-SE 4 - - -

15 A R Embroidery & Design Ltd. SME Initial Rating CRAB-SE 4 - - -

16 A S Enterprise SME Surveillance CRAB-ME 2 - - -

17 A S P Enterprise SME Surveillance CRAB-SE 3 - - -

18 A Tex International Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

19 AA Knitspin Limited Corporate Initial Rating BBB3(Pr) - - -

20 AA Synthetic Fibers Mills Ltd. Corporate Surveillance - BBB1(Lr) ST-3 -

21 Abbas Shopping Complex SME Surveillance CRAB-SE 3 - - -

22 Abbas Steel House SME Surveillance CRAB-ME 3 - - -

23 ABC Leather SME Surveillance CRAB-SE 3 - - -

24 Abdul Al Shobhan Bricks SME Surveillance CRAB-SE 4 - - -

25 Abdul Ali Filling Station SME Surveillance CRAB-SE 4 - - -

26 Abdul Awal Corporate Initial Rating - - ST-3 -

27 Abdul Barek Traders SME Surveillance CRAB-SE 3 - - -

28 Abdullah Al Jarbowa Makkah Filling Station SME Initial Rating CRAB-SE 3 - - -

29 Abdullah and Sons SME Initial Rating CRAB-SE 3 - - -

30 Abdullah Enterprise SME Initial Rating CRAB-SE 4 - - -

31 Abdus Salam Traders SME Surveillance CRAB-SE 4 - - -

32 Abdus Samad SME Initial Rating CRAB-ME 3 - - -

33 Abejan Chaul Kal SME Initial Rating CRAB-SE 3 - - -

34 Abid Enterprise SME Surveillance CRAB-SE 4 - - -

35 Abida Traders SME Initial Rating CRAB-SE 4 - - -

36 Abir Enterprise Corporate Surveillance - BB1(Lr) ST-4 -

37 Abir Fish & Sister Concern SME Initial Rating CRAB-SE 3 - - -

38 Abir Paribahan Sangstha Corporate Surveillance - - ST-3 -

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

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

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

1

Page 2: Corporate and SME · 2019-01-23 · Rating Update -December 2018 (Update up to 31 December 2018) Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings (Alphabetical

Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

39 Abrar Traders SME Surveillance CRAB-SE 4 - - -

40 Absolute Quality Wear Ltd. Corporate Initial Rating BBB1 BBB1(Lr) ST-4 Stable

41 Abu Toiyab Enterprise SME Surveillance CRAB-SE 3 - - -

42 Abul Hasan Enterprise SME Surveillance CRAB-SE 3 - - -

43 Abul Khair Ceramic Industries Ltd. Corporate Surveillance A1 A1(Lr) ST-2 Stable

44 Abul Khair Limited Corporate Surveillance AA1 AA1(Lr) ST-1 Stable

45 Abul Khair Steel Products Ltd. Corporate Surveillance AA1 AA1(Lr) ST-1 Stable

46 Access Trade International SME Initial Rating CRAB-SE 4 - - -

47 Acme Traders SME Surveillance CRAB-SE 4 - - -

48 Adams Garments Ltd. Corporate Surveillance - BBB3(Lr) - -

49 Adarsha Agro International SME Initial Rating CRAB-SE 4 - - -

50 Adex Corporation Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable

51 Adex Engineering Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable

52 Adhunik Poshak Shilpa Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

53 Advance Animal Science Co. Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

54 Aegis Cotton Mills Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

55 Aegis Spinning Mills Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

56 Afsana Flour Mills Ltd. Corporate Surveillance - BB1(Lr) ST-4 -

57 Aftab & Sons Trading Agency SME Initial Rating CRAB-SE 6 - - -

58 Aftab Automobiles Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable

59 Afzal Traders SME Surveillance CRAB-SE 3 - - -

60 Aghraz Trading SME Surveillance CRAB-ME 3 - - -

61 Agradoot Traders Ltd. SME Initial Rating CRAB-SE 3 - - -

62 Agrivision international SME Surveillance CRAB-SE 4 - - -

63 Agrotech Feeds Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

64 Ahad Traders SME Surveillance CRAB-SE 4 - - -

65 Ahammad Ali Iron Store and its sister concern Ashfia Steel Corporation SME Initial Rating CRAB-SE 3 - - -

66 Ahammad Cycle Store SME Surveillance CRAB-ME 3 - - -

67 Ahammed Traders SME Initial Rating CRAB-SE 4 - - -

68 Ahanaf Fabrics SME Surveillance CRAB-SE 4 - - -

69 Ahmed & Brothers SME Initial Rating CRAB-ME 3 - - -

70 Ahmed Agro Agency Corporate Surveillance - - ST-4 -

71 Ahmed Electric SME Initial Rating CRAB-SE 4 - - -

72 Ahmed Trade International Corporate Initial Rating - - ST-4 -

73 Ahmedia Apartment & Developers Ltd. Corporate Surveillance BB2 BB2(Lr) - Stable

74 Ahmedia Enterprise Corporate Surveillance - BBB3(Lr) ST-3 -

75 AHS Enterprise SME Surveillance CRAB-SE 4 - - -

76 Air Condition World SME Surveillance CRAB-SE 3 - - -

77 Air Galaxy Ltd. Corporate Surveillance - A3(Lr) ST-3 -

78 AITCO SME Surveillance CRAB-SE 4 - - -

** 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,

2

Page 3: Corporate and SME · 2019-01-23 · Rating Update -December 2018 (Update up to 31 December 2018) Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings (Alphabetical

Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

79 AJ Fashions Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -

80 Akanda Agro Park Ltd. SME Initial Rating CRAB-SE 4 - - -

81 Akando Traders SME Initial Rating CRAB-SE 4 - - -

82 Akash Motors SME Surveillance CRAB-SE 4 - - -

83 Akash Traders SME Initial Rating CRAB-SE 4 - - -

84 Akata Container Carrier Service SME Surveillance CRAB-ME 3 - - -

85 Akbar Library SME Initial Rating CRAB-SE 4 - - -

86 Akbar Trading Corporation SME Initial Rating CRAB-SE 4 - - -

87 Akco Industries and Cold Storage Ltd. Corporate Surveillance - A2(Lr) ST-2 -

88 Akhi Enterprise SME Initial Rating CRAB-SE 4 - - -

89 Akhond Textile Ltd. SME Surveillance CRAB-SE 3 - - -

90 Akkas Construction SME Surveillance CRAB-SE 3 - - -

91 Akoh Boat Builders Pvt. Ltd. SME Initial Rating CRAB-SE 3 - - -

92 Akota Traders and its sister concern SME Initial Rating CRAB-SE 4 - - -

93 Aktar Textile SME Surveillance CRAB-SE 4 - - -

94 Al Ahad Industries Private Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -

95 Al Amin Banijjalay SME Surveillance CRAB-SE 4 - - -

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

97 Al Amin Enterprise SME Initial Rating CRAB-ME 3 - - -

98 Al Amin Enterprise (Dhaka) SME Initial Rating CRAB-SE 3 - - -

99 Al Amin Fish SME Initial Rating CRAB-SE 4 - - -

100 Al Amin Marine Engineering Works SME Surveillance CRAB-SE 4 - - -

101 Al Amin Plywood Industries Ltd. Corporate Surveillance B1 B1(Lr) ST-5 Stable

102 Al Amin Steel SME Surveillance CRAB-SE 4 - - -

103 Al Amin textile SME Surveillance CRAB-ME 3 - - -

104 Al Amin textile (Trust Bank) SME Surveillance CRAB-SE 4 - - -

105 Al Amin Traders SME Surveillance CRAB-SE 3 - - -

106 Al Kobra International SME Initial Rating CRAB-SE 4 - - -

107 Al Madina Enterprise SME Initial Rating CRAB-SE 3 - - -

108 Al Madina Steel SME Initial Rating CRAB-SE 3 - - -

109 Al Masud Shoes-3 SME Initial Rating CRAB-SE 3 - - -

110 Al Mina Textile Ltd. SME Surveillance CRAB-SE 4 - - -

111 Al Mostafa Printing & Packaging Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

112 Al Noor Steel Complex Ltd. Corporate Surveillance - A3(Lr) ST-3 -

113 Alam & Brothers SME Surveillance CRAB-SE 3 - - -

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

115 Alam Bricks Manufacturing SME Surveillance CRAB-SE 4 - - -

116 Alam Enterprise SME Surveillance CRAB-SE 3 - - -

117 Alam Trading Corporation Corporate Initial Rating - BBB3(Lr) ST-3 -

118 Alauddin Traders SME Initial Rating CRAB-SE 4 - - -

119 Alauddin Traders (IBBL) SME Initial Rating CRAB-SE 4 - - -

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

3

Page 4: Corporate and SME · 2019-01-23 · Rating Update -December 2018 (Update up to 31 December 2018) Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings (Alphabetical

Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

120 Albatross Technologies Ltd. Corporate Initial Rating BBB3 - - Stable

121 ALEMA Textiles Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

122 Alfis Limited Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

123 Alhaj Abul Kashem Sowdagor SME Surveillance CRAB-SE 3 - - -

124 Alhaz Ariz Enterprise SME Initial Rating CRAB-SE 4 - - -

125 Ali & Brothers Chicks & Poultry Feed Center SME Initial Rating CRAB-SE 4 - - -

126 Ali Ahmed & Sons SME Initial Rating CRAB-SE 4 - - -

127 Ali Ashraf & Brothers SME Surveillance CRAB-SE 3 - - -

128 Ali Enterprise SME Surveillance CRAB-SE 4 - - -

129 Ali Enterprise (UCBL) SME Surveillance CRAB-SE 4 - - -

130 Ali Hossain Traders Corporate Surveillance - - ST-3 -

131 Ali Raz Enterprise SME Initial Rating CRAB-SE 4 - - -

132 Alif Auto Bricks Ltd. SME Surveillance CRAB-ME 5 - - -

133 Alif Embroidery Village Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -

134 Alif Steel Mills Ltd. SME Surveillance CRAB-ME 3 - - -

135 Alifa Enterprise & It's Sister Concern SME Surveillance CRAB-SE 3 - - -

136 Alim Knit Wears Ltd. Corporate Surveillance BB1 BB1(Lr) ST-3 Stable

137 Alina Metal Industries & Manufacture GX Fan SME Initial Rating CRAB-SE 3 - - -

138 Alizan Steel Industries SME Surveillance CRAB-ME 3 - - -

139 Allahardan Fruit Agency SME Initial Rating CRAB-SE 4 - - -

140 Allardan Motso Khamar SME Initial Rating CRAB-SE 3 - - -

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

142 ALM Trading SME Surveillance CRAB-ME 3 - - -

143 Almas Co. SME Initial Rating CRAB-ME 2 - - -

144 Alo Enterprise SME Initial Rating CRAB-SE 3 - - -

145 Alom Serve Palace SME Surveillance CRAB-SE 3 - - -

146 Alpha Plastics & Packaging Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

147 Alps Apparels Ltd(Knit)A Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable

148 Altaf Hossain Sarkar Traders SME Initial Rating CRAB-SE 4 - - -

149 AM Bricks SME Surveillance CRAB-SE 4 - - -

150 Aman Agro Industries Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

151 Aman Associates Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

152 Aman Breeders Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

153 Aman Cement Mills Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

154 Aman Cement Mills Ltd. Unit 2 Corporate Surveillance A2 A2(Lr) ST-3 Stable

155 Aman Cold Storage Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

156 Aman Cotton Fibrous Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

157 Aman Electronics SME Surveillance CRAB-SE 3 - - -

158 Aman Feed Ltd. Corporate Surveillance A1 A1(Lr) ST-2 Stable

159 Aman Jute Fibrous Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

160 Aman Packaging & Accessories Ltd. Corporate Initial Rating BBB2 BBB2(Lr) ST-3 Stable

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

4

Page 5: Corporate and SME · 2019-01-23 · Rating Update -December 2018 (Update up to 31 December 2018) Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings (Alphabetical

Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

161 Aman Packaging Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable

162 Aman Poultry & Hatchery Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

163 Aman Seeds Storage Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

164 Aman Spinning Mills Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

165 Aman Tex Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

166 Aman Tex Unit-2 Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

167 Aman Trading Corporation Corporate Surveillance - BBB1(Lr) ST-3 -

168 AMC Knit Composite Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

169 AMC Sweaters Ltd. SME Initial Rating CRAB-SE 3 - - -

170 Amela Traders SME Surveillance CRAB-SE 3 - - -

171 Amena Enterprise SME Surveillance CRAB-SE 4 - - -

172 Amena Enterprise (IBBL) SME Surveillance CRAB-SE 3 - - -

173 Amex-co. SME Surveillance CRAB-SE 4 - - -

174 Amica Sweater SME Initial Rating CRAB-SE 4 - - -

175 Amin Bajaj SME Initial Rating CRAB-SE 4 - - -

176 Amin Enterprise SME Initial Rating CRAB-SE 3 - - -

177 Amin Rice Mill SME Surveillance CRAB-SE 4 - - -

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

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

180 Amir Brothers SME Surveillance CRAB-SE 4 - - -

181 Amir Chaul Kall SME Initial Rating CRAB-SE 4 - - -

182 Amiruzzaman Chowdhury SME Initial Rating CRAB-SE 3 - - -

183 Amotex Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable

184 Amran Textile SME Surveillance CRAB-SE 4 - - -

185 Amzad Hossain Trading SME Initial Rating CRAB-SE 3 - - -

186 Anandamayee Stainless Steel Cutleries Mill SME Initial Rating CRAB-SE 3 - - -

187 Anannya Traders Corporate Surveillance - BBB1(Lr) ST-3 -

188 Ananta Apparels Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable

189 Ananta Casul Wear Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable

190 Ananta Denim Technology Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable

191 Ananta Paper Mills Ltd. Corporate Surveillance - AA3(Lr) ST-2 -

192 ANB Bricks SME Surveillance CRAB-SE 4 - - -

193 Ani Enterprise Corporate Surveillance - - ST-3 -

194 Anik Composite Mills Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

195 Anik Textile Mills Ltd. Corporate Surveillance - BBB3(Lr) ST-4 -

196 Anis Enterprise SME Initial Rating CRAB-SE 4 - - -

197 Anjuman Garments Pvt. Ltd. Corporate Surveillance - - ST-3 -

198 Anowar Trading SME Initial Rating CRAB-SE 3 - - -

199 Ansar Agro Food Products SME Surveillance CRAB-SE 3 - - -

200 Anurag Traders SME Surveillance CRAB-ME 3 - - -

201 Anwar Hardware SME Initial Rating CRAB-SE 4 - - -

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

5

Page 6: Corporate and SME · 2019-01-23 · Rating Update -December 2018 (Update up to 31 December 2018) Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings (Alphabetical

Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

202 Anwar Trading SME Surveillance CRAB-SE 3 - - -

203 Anwara Mannan Textile Mills Corporate Surveillance A3 A3(Lr) ST-3 Stable

204 Anwer Khan Modern Hospital Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable

205 Apex Foods Ltd. Corporate Surveillance A2 A2(Lr) ST-1, ST-3 Stable

206 Apex Lingerie Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable

207 Apex Spinning & Knitting Mills Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable

208 Apex Textile Printing Mills Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable

209 Apex Yarn Dyeing Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable

210 Apollo Traders Corporate Surveillance - BBB3(Lr) ST-3 -

211 Apparel Export Ltd. Corporate Surveillance - - ST-1,ST-3 -

212 Apparel-21 Limited Corporate Surveillance A2 A2(Lr) ST-3 Stable

213 Appollo Ispat Complex Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

214 Arab Feed Mills SME Surveillance CRAB-ME 3 - - -

215 Arab Fisheries SME Surveillance CRAB-ME 3 - - -

216 Araf Enterprise SME Initial Rating CRAB-SE 4 - - -

217 Arafat Corporation SME Initial Rating CRAB-ME 3 - - -

218 Arco Cold Storage Ltd. Corporate Surveillance - BB3(Lr) ST-4 -

219 Arif Collection SME Initial Rating CRAB-SE 4 - - -

220 Arif Enterprise SME Surveillance CRAB-SE 3 - - -

221 Ariful & Brothers SME Surveillance CRAB-SE 3 - - -

222 ARL Ship Breaking Ltd. Corporate Surveillance - BBB3(Lr) ST-4, ST-1 -

223 ARM Construction SME Surveillance CRAB-SE 4 - - -

224 ARMAC Services Ltd. Corporate Surveillance - BB3(Lr) ST-4 -

225 Arman Flour Mills SME Initial Rating CRAB-SE 3 - - -

226 Array International Ltd. Corporate Initial Rating BBB2 BBB2(Lr) ST-3 Stable

227 Arrival Fashion Ltd. Corporate Initial Rating BBB2 BBB2(Lr) ST-3 Stable

228 Arrow Speed SME Initial Rating CRAB-SE 3 - - -

229 ARS Properties Ltd. Corporate Surveillance - BB1(Lr) ST-4 -

230 ARS Washing Ltd. SME Surveillance CRAB-ME 4 - - -

231 Arshad Brothers SME Initial Rating CRAB-SE 3 - - -

232 Artisan Outfitters Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-4 Stable

233 Aryan Stone and Marble Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

234 Aryfin Furniture Mart SME Surveillance CRAB-SE 4 - - -

235 Asad Morad Bricks SME Surveillance CRAB-SE 4 - - -

236 Asfi Labels Ltd. SME Surveillance CRAB-SE 4 - - -

237 Asha Construction Co. SME Initial Rating CRAB-SE 4 - - -

238 Asha Enterprise SME Surveillance CRAB-SE 4 - - -

239 Asha Jute Industries Corporate Initial Rating BB1 BB1(Lr) ST-4 Stable

240 Asheem Traders SME Surveillance CRAB-SE 4 - - -

241 Ashik Enterprise SME Surveillance CRAB-SE 4 - - -

242 Ashrafuzzaman & Co. SME Initial Rating CRAB-ME 2 - - -

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

6

Page 7: Corporate and SME · 2019-01-23 · Rating Update -December 2018 (Update up to 31 December 2018) Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings (Alphabetical

Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

243 Asia Car BD Ltd. Corporate Surveillance - - ST-3 -

244 Asia Industries (Pvt) Ltd. Corporate Surveillance - BBB2(Lr) ST-3 -

245 Asia Marble & Granite SME Initial Rating CRAB-SE 3 - - -

246 Asian Optics SME Surveillance CRAB-SE 3 - - -

247 Asif Enterprise SME Initial Rating CRAB-SE 4 - - -

248 Askar Corporation SME Initial Rating CRAB-SE 3 - - -

249 Asma Printing & Pakaging Industries SME Initial Rating CRAB-SE 4 - - -

250 Asset Development & Holdings Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable

251 Assurance Developments Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

252 AST Beverage Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable

253 Astha Agro Complex & it's sister concern Janany Poultry FarmSME Initial Rating CRAB-SE 4 - - -

254 Astro Knitwear Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable

255 Astro Pharmaceuticals Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable

256 Astro Trading Ltd. SME Surveillance CRAB-SE 3 - - -

257 Athina Filling Station SME Initial Rating CRAB-SE 5 - - -

258 Athoy Tailors & Fabrics SME Initial Rating CRAB-SE 3 - - -

259 Atoar Traders SME Initial Rating CRAB-SE 4 - - -

260 Aulia Rice Mill & its sister concern SME Initial Rating CRAB-SE 3 - - -

261 Auntumoni Fashion SME Initial Rating CRAB-SE 4 - - -

262 Auto Emporium SME Initial Rating CRAB-SE 3 - - -

263 Auto Motor Importing SME Surveillance CRAB-SE 4 - - -

264 Avenger Textils Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable

265 Aviation Support Ltd. Corporate Surveillance - - ST-1 -

266 Awal Store SME Surveillance CRAB-ME 3 - - -

267 Awlad Enterprise SME Initial Rating CRAB-SE 3 - - -

268 Axis Knitwears Ltd. Corporate Surveillance - BB1(Lr) ST-4 -

269 Ayan Metal Works SME Initial Rating CRAB-SE 3 - - -

270 Ayath Enterprise SME Initial Rating CRAB-SE 4 - - -

271 Ayesha Jute Fibres Ltd. Corporate Surveillance - BB1(Lr) ST-4 -

272 Ayub & Sons SME Surveillance CRAB-SE 4 - - -

273 Ayubpur Textile Mills Ltd. Corporate Surveillance BBB2 BBB2(Lr) - Stable

274 Azad & Sons SME Surveillance CRAB-SE 4 - - -

275 Azad Department Store SME Initial Rating CRAB-SE 3 - - -

276 Azad Library SME Surveillance CRAB-SE 3 - - -

277 Azhar Enterprise SME Surveillance CRAB-SE 3 - - -

278 Aziz & Sons SME Initial Rating CRAB-SE 3 - - -

279 Azmeer Traders SME Initial Rating CRAB-SE 4 - - -

280 Azmi Foods Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

281 Azrun Trading Corporate Initial Rating - BBB3(Lr) ST-3 -

282 B M Traders SME Initial Rating CRAB-SE 4 - - -

283 B S Engineering works SME Surveillance CRAB-SE 3 - - -

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

7

Page 8: Corporate and SME · 2019-01-23 · Rating Update -December 2018 (Update up to 31 December 2018) Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings (Alphabetical

Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

284 Baba Industries SME Surveillance CRAB-SE 4 - - -

285 Babul Cloth Store SME Initial Rating CRAB-SE 4 - - -

286 Babul Textile & Sizing Mills SME Surveillance CRAB-SE 4 - - -

287 Badal & Company Corporate Initial Rating - BBB3(Lr) ST-1, ST-3 -

288 Badal Mia SME Surveillance CRAB-SE 3 - - -

289 Badgetex Apparels Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -

290 Badhon Motso Project SME Initial Rating CRAB-SE 3 - - -

291 Baengal Traders SME Surveillance CRAB-SE 3 - - -

292 Bagdad Paribahan Sangstha SME Initial Rating CRAB-ME 4 - - -

293 Baktiar Enterprise SME Surveillance CRAB-SE 3 - - -

294 Bakul Shoe Store SME Surveillance CRAB-SE 3 - - -

295 Baly Garments SME Surveillance CRAB-ME 3 - - -

296 Bandar Steel Industries Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

297 Bandhan Homes SME Initial Rating CRAB-SE 4 - - -

298 Bangla Chemical SME Surveillance CRAB-SE 3 - - -

299 Bangla Foils Ltd. Corporate Surveillance - BBB2(Lr) ST-3 -

300 Bangladesh Army International University of Science & Technology (BAIUST)Corporate Surveillance - BBB2(Lr) - -

301 Bangladesh Auto Spring Industry Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

302 Bangladesh Industrial Gases Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

303 Bangladesh Technosity Ltd. Corporate Surveillance A3(Pr) - - -

304 Banoful & Co. Ltd. Corporate Initial Rating - A3(Lr) ST-3 -

305 Banshkhali Salt Mills Ltd. SME Initial Rating CRAB-SE 4 - - -

306 Baraka Patenga Power Ltd. Corporate Initial Rating AA3 AA3(Lr) ST-3 Stable

307 Baraka Power Ltd. Corporate Surveillance AA1 AA1(Lr) ST-2 Stable

308 Bari Agro Machineries SME Surveillance CRAB-SE 3 - - -

309 Baridhi Garments Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

310 Base Technologies Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

311 Bashar Mollah Company SME Surveillance CRAB-ME 3 - - -

312 Bashed & Sons and Its Sister Concern Lion Re-Rolling Mills Ltd.Corporate Initial Rating - BBB3(Lr) ST-3 -

313 Bashundhara Chemical Industries Ltd. Corporate Initial Rating BBB2(Pr) - - -

314 Bashundhara Food & Beverage Ind. Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

315 Bashundhara Industrial Complex Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable

316 Bashundhara LP Gas Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

317 Bashundhara Multi Food Industries Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

318 Bashundhara Multi Paper Industries Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable

319 Bashundhara Oil & Gas Company Ltd. Corporate Surveillance BBB1(Pr) - - -

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

321 Bashundhara Paper mills ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable

322 Bashundhara Steel & Engineering Ltd. Corporate Initial Rating A2 - - Stable

323 Bashundhara Trading Company Ltd. Corporate Initial Rating - - ST-3 -

324 Bata Shoe Company (Bangladesh) Ltd. Corporate Surveillance AAA - ST-1 Stable

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

8

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Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

325 Bay Development Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable

326 BCL Ceramics Industries Ltd. Corporate Initial Rating BBB3(Pr) - - -

327 BCL Paper Mills Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -

328 BD Corporation & Allied Concern Corporate Surveillance - BBB1(Lr) ST-3 -

329 BD Foods Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

330 BD Knit Design Ltd. Corporate Surveillance - BB2(Lr) ST-4 -

331 BD Plast Ltd. SME Surveillance CRAB-SE 4 - - -

332 BD Sea Food Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

333 Beacon Knitwear Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable

334 Beacon Pharmaceuticals Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

335 Bela Fashions Ltd. Corporate Initial Rating BBB2 BBB2(Lr) ST-3 Stable

336 Belal Enterprise SME Initial Rating CRAB-SE 3 - - -

337 Belal Store SME Surveillance CRAB-SE 4 - - -

338 Belamy Textiles Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

339 Bellal Brothers SME Initial Rating CRAB-SE 4 - - -

340 Bemisal Enterprise SME Surveillance CRAB-SE 3 - - -

341 Bengal Glory Ltd. SME Surveillance CRAB-SE 3 - - -

342 Bengal Indigo Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-1, ST-3 Stable

343 Bengal NFK Textile Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

344 Bengal Pacific (Pvt.) Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

345 Bengal Remedies Ltd. Corporate Surveillance - BB1(Lr) ST-4 -

346 Bengal Technological Corporation Ltd. Corporate Surveillance - BB1(Lr) ST-3 -

347 Bengal Tiles & Sanitary SME Surveillance CRAB-SE 3 - - -

348 Bengal Trading Co. SME Surveillance CRAB-SE 2 - - -

349 Bengal Windsor Thermoplastics Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable

350 Best Dress Wear Ltd. Corporate Initial Rating - BB2(Lr) ST-4 -

351 Best Shirts Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

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

353 BEXIM SME Surveillance CRAB-SE 4 - - -

354 Bhai Bhai and Modern Telecom SME Surveillance CRAB-SE 4 - - -

355 Bhai Bhai Bricks SME Initial Rating CRAB-SE 3 - - -

356 Bhai Bhai Enterprise SME Initial Rating CRAB-SE 4 - - -

357 Bhai Bhai Enterprise(Bogura) SME Initial Rating CRAB-SE 3 - - -

358 Bhai Bhai Poultry Feed SME Surveillance CRAB-SE 4 - - -

359 Bhai Bhai Store SME Initial Rating CRAB-SE 4 - - -

360 Bhai Bhai Traders SME Surveillance CRAB-SE 3 - - -

361 Bhai Bhai Traders (IBBL) SME Initial Rating CRAB-SE 4 - - -

362 Bhatgaon Hasking Mill SME Surveillance CRAB-SE 4 - - -

363 Bhawal Construction Corporate Surveillance - BB1(Lr) ST-3 -

364 Bhowmick Auto Rice Mill SME Initial Rating CRAB-SE 3 - - -

365 Bhuiyan Aluminium Works Ltd. Corporate Initial Rating - BBB3(Lr) ST-3 -

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

9

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Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

366 Bhuiyan and Co. Corporate Initial Rating - - ST-3 -

367 Bhuiyan and sons SME Initial Rating CRAB-SE 4 - - -

368 Bhuiyan Chaul Kol SME Initial Rating CRAB-SE 4 - - -

369 Bhuiyan Enterprise SME Initial Rating CRAB-ME 3 - - -

370 Bhuiyan Foundation SME Initial Rating CRAB-SE 4 - - -

371 Bhuiyan M S Fish Feed Ltd. SME Initial Rating CRAB-SE 3 - - -

372 Bijoy Trade International SME Initial Rating CRAB-SE 3 - - -

373 Bikash Cutting & Corrugated Ind. SME Initial Rating CRAB-SE 3 - - -

374 Bikrampur Potato Flakes Ind. Ltd. Corporate Surveillance - A3(Lr) ST-3 -

375 Billah Resources Ltd. SME Initial Rating CRAB-ME 3 - - -

376 Binimoy Enterprise SME Surveillance CRAB-SE 4 - - -

377 Bio Health Co. Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -

378 Biolife Nutritionals SME Initial Rating CRAB-SE 4 - - -

379 Bismillah Agro Complex SME Initial Rating CRAB-SE 3 - - -

380 Bismillah Automatic Rice Mills Corporate Surveillance - - ST-3 -

381 Bismillah Enterprise Corporate Surveillance - BBB3(Lr) ST-3 -

382 Bismillah Moshari Store Corporate Surveillance - BBB2(Lr) - -

383 Bismillah Motso Khamar SME Initial Rating CRAB-SE 4 - - -

384 Bismillah Traders & its Sister Concern SME Surveillance CRAB-SE 3 - - -

385 Biswas Traders & VIP Rice Mills Corporate Surveillance - - ST-3 -

386 Blossom Motors SME Initial Rating CRAB-SE 4 - - -

387 Blue Sky Enterprise Corporate Surveillance - BBB2(Lr) ST-3 -

388 BNF Engineers Ltd. SME Surveillance CRAB-SE 3 - - -

389 Bogdad Traders SME Initial Rating CRAB-SE 4 - - -

390 Boishakhai Sports SME Initial Rating CRAB-SE 4 - - -

391 Bokul Agro Food Industries SME Surveillance CRAB-SE 3 - - -

392 Bokul Rubber & Plastic Industries Ltd. SME Surveillance CRAB-SE 3 - - -

393 Bonafide Composite Textile Mills Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

394 Bonafide Knitting Mills Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

395 Bonanza Trade Marketing. Corporate Surveillance - BBB3(Lr) ST-3 -

396 Bondhon Rice Agency & It's Sister Concern SME Surveillance CRAB-SE 3 - - -

397 Bonito Communication SME Initial Rating CRAB-SE 3 - - -

398 Bookman Printers & Publications Corporate Surveillance - BBB1(Lr) ST-3 -

399 Borak Trading & Carrier SME Surveillance CRAB-ME 3 - - -

400 Boras Knitwear Ltd. SME Surveillance CRAB-ME 4 - - -

401 Borotakia Construction SME Surveillance CRAB-SE 4 - - -

402 Borotakia Enterprise SME Surveillance CRAB-SE 4 - - -

403 Borotakia Motors (Pvt.) Ltd. SME Surveillance CRAB-ME 3 - - -

404 Brahmmaputra Printing & Packaging SME Surveillance CRAB-SE 3 - - -

405 Broad Band Telecom Services Ltd. Corporate Surveillance BBB3 BBB3(Lr) - Stable

406 Brother Corporation SME Surveillance CRAB-SE 3 - - -

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

10

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Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

407 Brother Flour Mill SME Surveillance CRAB-SE 4 - - -

408 Brothers Enterprise SME Surveillance CRAB-SE 4 - - -

409 Brothers Store SME Initial Rating CRAB-SE 4 - - -

410 BSM Syndicate Corporate Surveillance - - ST-3 -

411 Building Technology & Ideas Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable

412 Bulbul General Electronics SME Surveillance CRAB-SE 3 - - -

413 Bulbul Traders SME Surveillance CRAB-SE 3 - - -

414 Butterfly Marketing Ltd. Corporate Surveillance A1 A1(Lr) ST-2 Stable

415 Butterfly Sewing Machine Manufacturing Co. Ltd. SME Initial Rating CRAB-SE 4 - - -

416 C & A Agro Ltd. Corporate Surveillance - BBB3(Lr) - -

417 Camy Electrical Industries SME Surveillance CRAB-SE 2 - - -

418 Car Selection Corporate Surveillance - BBB1(Lr) ST-3 -

419 Carbon Bangladesh (Pvt) Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

420 CB Hospital Ltd. Corporate Surveillance BBB3(Pr) - - -

421 CBM Bricks SME Surveillance CRAB-ME 4 - - -

422 Centro Tex Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-1 Stable

423 Century Engineering and Tube Industries SME Surveillance CRAB-SE 5 - - -

424 Ceramics World SME Surveillance CRAB-SE 3 - - -

425 Chan Traders SME Surveillance CRAB-SE 4 - - -

426 Charm Fashion Corporate Surveillance - BBB3(Lr) ST-3 -

427 Charu Ceramic Industries Ltd. Corporate Surveillance - A3(Lr) ST-3 -

428 Chattagram Enterprise SME Initial Rating CRAB-SE 3 - - -

429 Chattagram Metropolitan Hashpatal Pvt. Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -

430 Chelsi Enterprise SME Initial Rating CRAB-SE 4 - - -

431 Cherry Knitwear Ltd. Corporate Surveillance - BBB2(Lr) ST-3 -

432 China Bangla Foods SME Surveillance CRAB-ME 3 - - -

433 China Bangla Shopping Complex SME Surveillance CRAB-ME 3 - - -

434 China Bazar SME Surveillance CRAB-SE 4 - - -

435 China Kitchen Wear Industries Ltd. SME Surveillance CRAB-SE 3 - - -

436 Chittagong Asian Apparels Limited. Corporate Surveillance A2 A2(Lr) ST-3 Stable

437 Chittagong Asian Paper Mills (Pvt.) Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

438 Chittagong Golden Services Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

439 Chittagong Timber Complex SME Surveillance CRAB-ME 4 - - -

440 Chittagong Waste Treatment Plants Ltd. SME Surveillance CRAB-ME 4 - - -

441 Chowdhury Enterprise (IBBL) Corporate Surveillance - - ST-3 -

442 Chowdhury Himagar Ltd. SME Surveillance CRAB-SE 4 - - -

443 Chowdhury Traders SME Initial Rating CRAB-SE 3 - - -

444 Chung Hua Aluminium Industry Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable

445 City Dal Mills Ltd. Corporate Surveillance AA1 AA1(Lr) ST-1 Stable

446 City Feed Products Ltd. Corporate Surveillance AA1 AA1(Lr) ST-1 Stable

447 City Foils Ltd. SME Initial Rating CRAB-SE 3 - - -

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

11

Page 12: Corporate and SME · 2019-01-23 · Rating Update -December 2018 (Update up to 31 December 2018) Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings (Alphabetical

Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

448 City Navigations Ltd. Corporate Surveillance AA1 AA1(Lr) ST-1 Stable

449 City Seed Crushing Industries Ltd. Corporate Surveillance AA1 AA1(Lr) ST-1 Stable

450 City Sugar Industries Ltd. Corporate Surveillance AAA AAA(Lr) ST-1 Stable

451 City Trading Corporation SME Surveillance CRAB-SE 3 - - -

452 Clamoon Garments Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

453 Classic Construction and its sister concern Classic Electric 2Corporate Initial Rating - BB1(Lr) ST-4 -

454 Cobite Computers SME Surveillance CRAB-SE 4 - - -

455 Coma Creation SME Initial Rating CRAB-SE 3 - - -

456 Combined Food & Cold Storage Ltd. Corporate Surveillance - A2(Lr) ST-2 -

457 Comfit Composite Knit Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

458 Communications Technology SME Surveillance CRAB-SE 4 - - -

459 Compustar (Pvt) Ltd. Corporate Surveillance BB2 BB2(Lr) ST-4 Stable

460 Comtrade Enterprise SME Surveillance CRAB-SE 3 - - -

461 Cona Enterprise SME Initial Rating CRAB-SE 4 - - -

462 Confidence Mag Board Ltd. Corporate Initial Rating BBB3(Pr) - - -

463 Confidence Trade Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

464 Confidence Traders SME Surveillance CRAB-SE 3 - - -

465 Continental Agency SME Surveillance CRAB-SE 4 - - -

466 Continental Garments Industries (Pvt.) Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable

467 Cosmic Steel Buildings Ltd. SME Surveillance CRAB-SE 4 - - -

468 Cosmopolitan Industries Pvt. Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable

469 Cosmos Enterprise Corporate Surveillance - BB2(Lr) ST-4 -

470 CP Bangladesh Co. Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable

471 Craft Castle SME Surveillance CRAB-ME 3 - - -

472 Crazy Fashions Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

473 Cristal Trading SME Initial Rating CRAB-SE 3 - - -

474 Crony Apparels Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

475 Crossline Factory (Pvt.) Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

476 Crossline Knit Fabrics Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

477 Crown Cement Concrete & Building Products Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable

478 Crown Fashion & Sweater Ind. Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

479 Crown Lub SME Initial Rating CRAB-SE 4 - - -

480 Crown Mariners Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

481 Crown Metal Merchandising Corporate Surveillance - BBB3(Lr) ST-3 -

482 Crown Polymer Bagging Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

483 Crown Transportation Logistics Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable

484 Crown Wool Wear Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

485 CSF Garments (Pvt.) Ltd. Corporate Surveillance - - ST-3 -

486 Cutting Edge Garments Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable

487 CVO Petrochemical Refinery Ltd. Corporate Initial Rating BBB2 - - Stable

488 D & S Pretty Fashions Ltd. Corporate Initial Rating A1 A1(Lr) ST-3 Stable

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

12

Page 13: Corporate and SME · 2019-01-23 · Rating Update -December 2018 (Update up to 31 December 2018) Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings (Alphabetical

Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

489 D M Corporation SME Surveillance CRAB-SE 5 - - -

490 D S Fashion Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

491 Dada Accessories Limited Corporate Initial Rating BBB3 BBB3(Lr) ST-3 Stable

492 Dada Bag Industries Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-3 Stable

493 Dada Bobbins Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-3 Stable

494 Dada Engineering Limited Corporate Initial Rating A3 A3(Lr) ST-3 Stable

495 Dada Zipper Limited Corporate Initial Rating BBB3 BBB3(Lr) ST-3 Stable

496 Daeyu Bangladesh Ltd. Corporate Surveillance BB1 BB1(Lr) ST-3 Stable

497 Daimond Net Industries SME Surveillance CRAB-SE 3 - - -

498 DAL Knitwear Ltd. Corporate Surveillance - A3(Lr) ST-3 -

499 Dalim Traders SME Surveillance CRAB-SE 3 - - -

500 Danish Condensed Milk Bangladesh Ltd. Corporate Surveillance - AA2(Lr) ST-2 -

501 Danish Foods Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

502 Danish Milk Bangladesh Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

503 Danny Dhaka Ltd. SME Initial Rating CRAB-SE 3 - - -

504 Danys Knitwear Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -

505 Darussalam Enterprise Corporate Initial Rating - BBB1(Lr) ST-3 -

506 Data Solution Ltd. SME Surveillance CRAB-SE 4 - - -

507 Daveed Enterprise Ltd. SME Surveillance CRAB-SE 4 - - -

508 Decent Pharma Laboratories Corporate Surveillance - BBB3(Lr) ST-3 -

509 Deen Paper Converting & Packaging Ltd. Corporate Surveillance - BB1(Lr) ST-4 -

510 Deepa Food Products Ltd. Corporate Surveillance AAA AAA(Lr) ST-1 Stable

511 Dekko Knitwears Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable

512 Delmon Motors Ltd. SME Initial Rating CRAB-SE 4 - - -

513 Delmon Trade International SME Initial Rating CRAB-SE 4 - - -

514 Delta Diagnostic Centre SME Initial Rating CRAB-SE 3 - - -

515 Delta Health Care Mirpur Ltd. Corporate Initial Rating - B2(Lr) - -

516 Delta Hospital Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

517 Delwar Hossain SME Initial Rating CRAB-SE 4 - - -

518 Denim Attires Limited Corporate Surveillance - BBB3(Lr) ST-3 -

519 Denim Expert Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

520 Desh International SME Surveillance CRAB-SE 3 - - -

521 Desh Pharma SME Surveillance CRAB-SE 3 - - -

522 Desh Ship Building Engineering Ltd. Corporate Surveillance - BBB3(Lr) - -

523 Devine Intimates Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -

524 Devine Trading Company SME Surveillance CRAB-ME 3 - - -

525 Dewan Electric & Co. SME Initial Rating CRAB-SE 4 - - -

526 Dewan Electronics SME Surveillance CRAB-SE 4 - - -

527 Dhaka Bricks & Co. SME Initial Rating CRAB-SE 4 - - -

528 Dhaka Bricks Supply & Co. SME Surveillance CRAB-ME 3 - - -

529 Dhaka Casual Mart (PVT.) Ltd. Corporate Initial Rating - BBB3(Lr) - -

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

13

Page 14: Corporate and SME · 2019-01-23 · Rating Update -December 2018 (Update up to 31 December 2018) Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings (Alphabetical

Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

530 Dhaka Intern Corporate Initial Rating BBB1 BBB1(Lr) ST-1 Stable

531 Dhaka Medical Services SME Surveillance CRAB-SE 4 - - -

532 Dhaka Metal SME Surveillance CRAB-SE 4 - - -

533 Dia Diba Rice Agency SME Initial Rating CRAB-SE 4 - - -

534 Diamond Heaven Ltd. SME Initial Rating CRAB-ME 4 - - -

535 Diamond Steel Pro Co. (Pvt) Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

536 Diamond World Corporate Initial Rating - BBB3(Lr) ST-3 -

537 Didar Machineries SME Initial Rating CRAB-SE 4 - - -

538 Didar Store SME Surveillance CRAB-SE 4 - - -

539 Digilab Medical Service Ltd. Corporate Surveillance - BB2(Lr) ST-4 -

540 Digital Power and Associates Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

541 Disha Poultry Complex SME Initial Rating CRAB-SE 4 - - -

542 Divine Design Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

543 DMCL-AE (JV) SME Initial Rating CRAB-SE 3 - - -

544 DNV Clothing Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

545 Doctors Clinic SME Initial Rating CRAB-ME 3 - - -

546 Dorbesh Enterprise SME Initial Rating CRAB-SE 4 - - -

547 Doreen Hotels and Resorts Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

548 Dr. Haider Clinic (Pvt.) Hospital SME Surveillance CRAB-ME 3 - - -

549 Dragoni Fashions Ltd. Corporate Surveillance - BBB2(Lr) ST-3 -

550 Dresden Textile Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

551 Dui Bhai Traders SME Initial Rating CRAB-SE 4 - - -

552 Dutch Bangla Power & Associates Ltd. Corporate Surveillance AA3 - ST-3 Stable

553 Dynamic Trading Service SME Surveillance CRAB-SE 3 - - -

554 E R Enterprise SME Surveillance CRAB-SE 3 - - -

555 Earthmoving Rental Ltd. SME Initial Rating CRAB-ME 4 - - -

556 Earthmoving Solution Ltd. SME Initial Rating CRAB-ME 3 - - -

557 Easin Flour Mill Corporate Surveillance - BBB3(Lr) ST-3 -

558 East Asia Trading SME Surveillance CRAB-ME 3 - - -

559 East West Property Development Co. Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable

560 Eastern Trading SME Initial Rating CRAB-SE 4 - - -

561 Eaty Enterprise SME Surveillance CRAB-SE 3 - - -

562 Edotco Bangladesh Co. Ltd. Corporate Surveillance A1 A1(Lr) ST-2 Stable

563 E-Engineering Ltd. Corporate Initial Rating BBB2 BBB2(Lr) ST-3 Stable

564 EFA Apparels Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-3 Stable

565 Ehshan Enterprise SME Initial Rating CRAB-SE 4 - - -

566 Eight Knitwear SME Initial Rating CRAB-SE 3 - - -

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

568 Electrical & Electronics Company Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

569 Electro Battery Company Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

570 Electro Fair SME Surveillance CRAB-SE 3 - - -

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

14

Page 15: Corporate and SME · 2019-01-23 · Rating Update -December 2018 (Update up to 31 December 2018) Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings (Alphabetical

Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

571 Electro Led & Light Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable

572 Electro Mart Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -

573 Electro Mechanical Service Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

574 Electro Solar Power Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

575 Electro Transformer & Switchgear co. Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable

576 Elias Traders & Its Sister Concern SME Initial Rating CRAB-SE 4 - - -

577 EM Power Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

578 Emran Enterprise SME Surveillance CRAB-SE 3 - - -

579 Enayetpur Spinning Mills Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

580 Energis Power Corporation Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable

581 Energy Meter Company Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

582 Energypac Confidence Power Venture Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

583 Energypac Power Generation Ltd. Corporate Surveillance AA2 AA2(Lr), AAA(Lr) ST-3 Stable

584 Enroute International Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

585 Environment, Agriculture and Development Services Ltd. SME Initial Rating CRAB-SE 3 - - -

586 Envoy Textiles Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable

587 Epic Garments & Manufacturing Co. Ltd. Corporate Surveillance AA1 AA1(Lr) ST-2 Stable

588 EPV Chittagong Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

589 Epyllion Fabrics Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable

590 Epyllion Knitex Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable

591 Epyllion Knitwears Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable

592 Epyllion Limited Corporate Surveillance A1 A1(Lr) ST-3 Stable

593 Epyllion Style Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable

594 Epyllion Washing Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

595 Era Construction Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

596 Esack Brothers Industries Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable

597 Esquire Accessories Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

598 Esquire Dyeing Industries Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable

599 Esquire Electronics Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable

600 Esquire Knit Composite Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable

601 Esquire Plastics Ltd. Corporate Surveillance - BBB3(Lr) ST-4 -

602 Esquire Sweater Ltd. Corporate Surveillance - BBB2(Lr) ST-3 -

603 Essex Enterprise SME Surveillance CRAB-SE 4 - - -

604 Estia Enterprise SME Initial Rating CRAB-SE 3 - - -

605 Etasia Interlinings Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

606 Ethical Garments Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable

607 Europa Cold Storage Ltd. Corporate Surveillance - A2(Lr) ST-3 -

608 Eurozone Fashion Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

609 Everest Port Services Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -

610 EXIME Power SME Surveillance CRAB-SE 4 - - -

611 Exotic Knit Apparels Ltd. SME Surveillance CRAB-ME 4 - - -

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

15

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Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

612 F M Rubber & Chemical SME Surveillance CRAB-SE 4 - - -

613 F M Steel House SME Surveillance CRAB-SE 3 - - -

614 Fab-Con Textile Mills Ltd. Corporate Surveillance - A2(Lr) ST-3 -

615 Fabulous Mega Mall & its Sister Concern SME Initial Rating CRAB-SE 3 - - -

616 Fahad Enterprise SME Surveillance CRAB-SE 4 - - -

617 Fahim & Brothers SME Surveillance CRAB-SE 4 - - -

618 Fahim Enterprise SME Surveillance CRAB-SE 4 - - -

619 Fahim Timber & Saw Mills SME Initial Rating CRAB-SE 4 - - -

620 Fair Apparels Ltd. Corporate Surveillance - BB1(Lr) ST-4 -

621 Faisal Hardware Store SME Initial Rating CRAB-SE 3 - - -

622 Fakir Apparels Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable

623 Fakir Fashion Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable

624 Fakir Flour & Daul Mill SME Surveillance CRAB-ME 3 - - -

625 Fakir International SME Initial Rating CRAB-SE 3 - - -

626 Fakir Knitwears Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable

627 Fame Apparels Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable

628 Fame Design Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable

629 FAMKAM Dyeing Limited Corporate Initial Rating - BBB3(Lr) - -

630 FAMKAM Fashion Limited Corporate Initial Rating - BBB3(Lr) - -

631 FAMKAM Printing Limited Corporate Initial Rating - BBB3(Lr) - -

632 Famous Enterprise SME Initial Rating CRAB-SE 5 - - -

633 Farheen Auto Flour Mill SME Initial Rating CRAB-SE 4 - - -

634 Faruk Brothers Dal & Rice Mill SME Initial Rating CRAB-SE 4 - - -

635 Faruk Enterprise SME Initial Rating CRAB-SE 3 - - -

636 Faruk Textile SME Surveillance CRAB-ME 3 - - -

637 Farzana Oil Refineries Ltd. Corporate Surveillance AAA AAA(Lr) ST-1 Stable

638 Fashion Flash Ltd. Corporate Surveillance - BBB2(Lr) ST-1, ST-3 -

639 Fashion Products Ltd. Corporate Initial Rating BBB3(Pr) - - -

640 Fashion Step Ltd. Corporate Initial Rating BBB1 BBB1(Lr) ST-3 Stable

641 Fashion.Com Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable

642 FASN Corporation SME Surveillance CRAB-SE 4 - - -

643 Faststream Logistics Ltd. Corporate Surveillance - BBB3(Lr) - -

644 Fatema Cloth Store SME Initial Rating CRAB-SE 4 - - -

645 Fatema Hardware & Electric Paints SME Surveillance CRAB-SE 3 - - -

646 Fatema Traders SME Surveillance CRAB-SE 4 - - -

647 Fawn International SME Initial Rating CRAB-ME 3 - - -

648 Fazlur Rahman SME Surveillance CRAB-SE 3 - - -

649 Fazlur Rahman (Bank Asia) SME Surveillance CRAB-SE 3 - - -

650 FCI (BD) Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

651 Ferdaous Steel Corporation Corporate Surveillance - BBB3(Lr) ST-3 -

652 Feroza Steel SME Initial Rating CRAB-ME 3 - - -

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

16

Page 17: Corporate and SME · 2019-01-23 · Rating Update -December 2018 (Update up to 31 December 2018) Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings (Alphabetical

Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

653 Ferro Alloy Co. (Pvt) Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

654 Fiber@Home Global Ltd. Corporate Surveillance BBB1 BBB1(Lr) - Stable

655 Fiber@Home Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable

656 Firoz Traders SME Surveillance CRAB-SE 4 - - -

657 First Dhaka Elevated Expressway Co. Ltd. (FDEECL) Corporate Surveillance - A3(Lr) - -

658 First Iron & Steel Trading SME Surveillance CRAB-SE 3 - - -

659 Five Star Ice & Clod Storage Ltd. Corporate Surveillance - A2(Lr) ST-3 -

660 Fiza & Co (Pvt) Ltd. Corporate Initial Rating - BBB2(Lr) ST-3 -

661 Fizu Store SME Surveillance CRAB-SE 3 - - -

662 Flora Limited Corporate Surveillance A3 A3(Lr) ST-3 Stable

663 Flyer Travel Express Ltd. SME Initial Rating CRAB-ME 3 - - -

664 Focus Apparels (BD) Limited SME Surveillance CRAB-SE 4 - - -

665 Fortune Apparels Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

666 Fortune Navigation Corporate Surveillance - BBB3(Lr) - -

667 Four H Apparels Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

668 Four H Dyeing & Printing Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

669 Four H Fashion Ltd. Corporate Surveillance A1 A1(Lr) ST-2 Stable

670 Four H Lingerie Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

671 Fresh Agro food products Corporate Initial Rating - BBB3(Lr) ST-3 -

672 Friends Trading Corporation SME Initial Rating CRAB-SE 4 - - -

673 Fu Wang Foods Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

674 Fuji Knitwears Ltd. Corporate Initial Rating - - ST-3 -

675 Fusion Accessories (BD) Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable

676 Future Agro Complex (Pvt) Ltd. Corporate Surveillance - BB1(Lr) - -

677 G M Properties Ltd. SME Surveillance CRAB-ME 4 - - -

678 G Net Digital Communacation SME Surveillance CRAB-ME 3 - - -

679 G R Traders SME Surveillance CRAB-SE 4 - - -

680 Gaffar Iron Store SME Surveillance CRAB-SE 4 - - -

681 Gafur Enterprise SME Surveillance CRAB-SE 4 - - -

682 Galaxy Aviation Services Ltd. Corporate Surveillance - A3(Lr) ST-3 -

683 Galaxy Facilitation Service Ltd. Corporate Surveillance - A3(Lr) - -

684 Galaxy Holidays Ltd. Corporate Surveillance - - ST-2 -

685 Galaxy Hotels & Resorts Ltd. Corporate Surveillance - BBB3(Lr) - -

686 Galaxy Lines Ltd. Corporate Surveillance BB1 - - Stable

687 Galaxy Travel International Corporate Surveillance - - ST-2 -

688 Galaxy World Logistic Ltd. Corporate Surveillance - A3(Lr) ST-2 -

689 Gaowsiya Aziziya Enterprise SME Initial Rating CRAB-SE 3 - - -

690 Garibe Newaz Enterprise SME Initial Rating CRAB-SE 3 - - -

691 Garib-E-Newaz Clod Storage Ltd. Corporate Surveillance - A2(Lr) ST-3 -

692 Gateway Real Estate Development Corporate Surveillance - BB1(Lr) - -

693 Gausia Bhandari Iron Mart SME Surveillance CRAB-SE 3 - - -

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

17

Page 18: Corporate and SME · 2019-01-23 · Rating Update -December 2018 (Update up to 31 December 2018) Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings (Alphabetical

Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

694 Gausia Motors SME Initial Rating CRAB-SE 4 - - -

695 Gazi Fish SME Initial Rating CRAB-SE 3 - - -

696 Gazi Library SME Initial Rating CRAB-SE 4 - - -

697 Gazipore & Marzapore Tea Estates (BD) Ltd. Corporate Surveillance A3 A3(Lr) ST-2 Stable

698 GBX Logistics Ltd. Corporate Surveillance - A2(Lr) ST-2 -

699 GEM Paper Converting & Packaging Industry(PVT) Ltd. SME Initial Rating CRAB-SE 4 - - -

700 General Pharmaceuticals Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable

701 General Scientific Company Ltd. SME Surveillance CRAB-SE 4 - - -

702 General Trading Company Corporate Surveillance - BBB2(Lr) ST-3 -

703 German Bangladesh Machine and steel SME Surveillance CRAB-SE 4 - - -

704 Ghazi Real Estate Ltd. SME Surveillance CRAB-SE 3 - - -

705 Giant Textiles Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable

706 Gias Uddin Textile SME Surveillance CRAB-SE 4 - - -

707 Gift Gallery SME Initial Rating CRAB-SE 3 - - -

708 Glasstech Ltd. SME Surveillance CRAB-SE 3 - - -

709 Global Brand (Pvt) Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable

710 Global Trims Industries Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-4 Stable

711 Global Vision SME Surveillance CRAB-SE 3 - - -

712 Globe Agrovet Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

713 Globe Biscuits & Dairy Milk Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

714 Globe Drugs Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

715 Globe Edible Oil Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -

716 Globe Fisheries Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

717 Globe Pharmaceuticals Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable

718 Globe Soft Drinks Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable

719 Globex Marketing Company Ltd. Corporate Surveillance A3 A3(Lr) ST-1, ST-3 Stable

720 Glorious Fish & Meat Ltd. SME Initial Rating CRAB-SE 4 - - -

721 Glorious Scientific SME Surveillance CRAB-SE 4 - - -

722 Glory Recycling Oil Industries Ltd. SME Surveillance CRAB-SE 3 - - -

723 GM Engineers SME Surveillance CRAB-SE 3 - - -

724 Gold Star Electronics SME Initial Rating CRAB-SE 3 - - -

725 Golden Electronics SME Surveillance CRAB-SE 3 - - -

726 Golden Son Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-4 Stable

727 Golden Star Industries Ltd. Corporate Initial Rating - BB3(Lr) ST-4 -

728 Golden Traders Corporate Surveillance - BBB3(Lr) ST-3 -

729 Good Rich Sweaters Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

730 Gram Bangla Tubes Ltd. Corporate Surveillance - - ST-4 -

731 Grameenphone Ltd. Corporate Surveillance AAA AAA1(Lr) ST-1 Stable

732 Grand Trading Enterprise Ltd. Corporate Surveillance B1 B1(Lr) ST-5 Negative

733 Grand Zam Zam Tower Ltd. Corporate Surveillance - BBB3(Lr) - -

734 Graphics Ltd. Corporate Surveillance - BBB2(Lr) ST-3 -

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

18

Page 19: Corporate and SME · 2019-01-23 · Rating Update -December 2018 (Update up to 31 December 2018) Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings (Alphabetical

Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

735 Graphics Textiles Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

736 Great Wall Ceramics Industries Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable

737 Green Arrow Sweater Industries Ltd. Corporate Surveillance - - ST-4 -

738 Green Biz International SME Initial Rating CRAB-SE 4 - - -

739 Green Grain Cashew Processing Industry SME Initial Rating CRAB-ME 3 - - -

740 Green Grain International SME Initial Rating CRAB-SE 3 - - -

741 Green Granite & Marble Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

742 Green Health Ltd. SME Initial Rating CRAB-SE 4 - - -

743 Green Life Natural Healthcare SME Initial Rating CRAB-SE 3 - - -

744 Greenland Apparels Ltd. SME Surveillance CRAB-ME 4 - - -

745 Greenstone Knitwears Ltd. SME Surveillance CRAB-SE 3 - - -

746 GS Sweaters Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-3 Stable

747 GSM Trading SME Surveillance CRAB-SE 3 - - -

748 GTA Sports Ltd. Corporate Surveillance - BB1(Lr) ST-4 -

749 Gulf Knitting & Textile Ltd. Corporate Surveillance - BB1(Lr) ST-4 -

750 H & H Digital Equipment SME Initial Rating CRAB-SE 3 - - -

751 H A S Distribution SME Surveillance CRAB-SE 3 - - -

752 H B Traders SME Initial Rating CRAB-SE 3 - - -

753 H Bricks SME Surveillance CRAB-SE 4 - - -

754 H I Apparels Ltd. SME Surveillance CRAB-ME 4 - - -

755 H M Rahman LPG Gas Plant SME Surveillance CRAB-SE 4 - - -

756 H R Corporation SME Surveillance CRAB-SE 3 - - -

757 H R Trade International SME Surveillance CRAB-SE 4 - - -

758 H S Corporation Corporate Initial Rating - - ST-3 -

759 H S Haque & Sons SME Initial Rating CRAB-ME 3 - - -

760 Habib & Sons SME Surveillance CRAB-SE 4 - - -

761 Habib Aggregate Industries SME Initial Rating CRAB-SE 4 - - -

762 Habib Chaul Kal SME Initial Rating CRAB-SE 4 - - -

763 Habib Clinic & Diagnostic Center and its Sister Concern (M/S. Laila Drug House, M/S. New Layla Drug House) SME Initial Rating CRAB-ME 4 - - -

764 Habib CNG Filling Station SME Initial Rating CRAB-SE 3 - - -

765 Habib Filling Station SME Initial Rating CRAB-SE 3 - - -

766 Habib Traders SME Initial Rating CRAB-SE 4 - - -

767 Habiganj Agro Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable

768 Hafizur & Brothers SME Surveillance CRAB-SE 4 - - -

769 Haider International SME Surveillance CRAB-SE 4 - - -

770 Hajee Automobiles Corporate Surveillance - BBB3(Lr) ST-3 -

771 Hajee Badsha Meah & Sons SME Surveillance CRAB-SE 3 - - -

772 Haji Abdul Motalib Auto Rice Mill SME Surveillance CRAB-SE 3 - - -

773 Haji Dana Miah and Sons Corporate Surveillance - BBB3(Lr) ST-3 -

774 Haji Kabir Ahmed Corporate Surveillance - - ST-3 -

775 Haji Kabir Traders SME Surveillance CRAB-SE 3 - - -

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

19

Page 20: Corporate and SME · 2019-01-23 · Rating Update -December 2018 (Update up to 31 December 2018) Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings (Alphabetical

Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

776 Haji Motiur Rahman & Sons SME Surveillance CRAB-SE 3 - - -

777 Haji Traders SME Initial Rating CRAB-SE 4 - - -

778 Hakim & Sons SME Surveillance CRAB-SE 4 - - -

779 Hakim Chaul Kall SME Initial Rating CRAB-SE 4 - - -

780 Hakkani Enterprise SME Initial Rating CRAB-SE 3 - - -

781 Halima Chaul Kal SME Initial Rating CRAB-SE 4 - - -

782 Halima Poultry & Hatchery Ltd. Corporate Initial Rating BBB2 - - Stable

783 Halima Telecom Corporate Initial Rating - BBB3(Lr) ST-4 -

784 Halishahar Mart Corporate Initial Rating - BBB3(Lr) ST-3 -

785 Hamdan Steel SME Surveillance CRAB-SE 3 - - -

786 Hamdard Laboratories (WAQF) Bangladesh Corporate Surveillance AA3 AA3(Lr) ST-3 Stable

787 Hamid Fabrics Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable

788 Hamid Steel Re-Rolling Mills SME Initial Rating CRAB-ME 3 - - -

789 Hamid Traders SME Surveillance CRAB-SE 3 - - -

790 Hamid Weaving Mills Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable

791 Hamida Agro Prouty Corporation SME Surveillance CRAB-SE 4 - - -

792 Hamida Plastic Ltd. Corporate Surveillance AA1 AA1(Lr) ST-1 Stable

793 Hanif Traders SME Initial Rating CRAB-SE 4 - - -

794 Happy Traders SME Initial Rating CRAB-SE 3 - - -

795 Haque & Sons SME Surveillance CRAB-ME 4 - - -

796 Haque & Sons (IBBL) SME Surveillance CRAB-SE 4 - - -

797 Haque Auto Drayer Rice Mill SME Initial Rating CRAB-SE 3 - - -

798 Haque Auto Rice Mill SME Initial Rating CRAB-SE 4 - - -

799 Haque Auto Rice Mill (IBBL) SME Surveillance CRAB-SE 3 - - -

800 Haque Chemicals Enterprise SME Surveillance CRAB-SE 3 - - -

801 Haque Drycell Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

802 Haque Enterprise SME Surveillance CRAB-SE 3 - - -

803 Haque Food Industries Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

804 Haque Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

805 Haque Printing & Packaging industry SME Surveillance CRAB-ME 3 - - -

806 Haque Tiles Collection SME Initial Rating CRAB-SE 4 - - -

807 Haque Traders SME Initial Rating CRAB-SE 3 - - -

808 Haroon-ur Rashid SME Initial Rating CRAB-SE 4 - - -

809 Harrods Knit Wear Ltd. Corporate Surveillance - BB1(Lr) ST-4 -

810 Harun & Brothers SME Initial Rating CRAB-SE 4 - - -

811 Harun Flour Mills Ltd. Corporate Surveillance - BBB3(Lr) - -

812 Harun Tower SME Initial Rating CRAB-SE 4 - - -

813 Hasan Ali Khan SME Initial Rating CRAB-SE 4 - - -

814 Hasan Book Depot Corporate Surveillance - BBB1(Lr) ST-3 -

815 Hasan Chaul Kal SME Surveillance CRAB-SE 4 - - -

816 Hasan Enterprise SME Initial Rating CRAB-SE 3 - - -

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

20

Page 21: Corporate and SME · 2019-01-23 · Rating Update -December 2018 (Update up to 31 December 2018) Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings (Alphabetical

Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

817 Hasan Enterprise (IBBL) SME Initial Rating CRAB-SE 4 - - -

818 Hasan Flour Mills Ltd. Corporate Surveillance AA1 AA1(Lr) ST-1 Stable

819 Hasan Store SME Initial Rating CRAB-SE 4 - - -

820 Hasan Telecom and Electronics SME Initial Rating CRAB-SE 4 - - -

821 Hasib Chaul Kal Corporate Surveillance - - ST-3 -

822 Hasib Electric Corporate Surveillance - - ST-3 -

823 Hassan Brothers Corporate Surveillance - BBB1(Lr) ST-3 -

824 Hazi Auto Rice Mill (IBBL) SME Surveillance CRAB-ME 4 - - -

825 Hazi Dil Mohammad Enterprise SME Initial Rating CRAB-SE 4 - - -

826 Hazi Enterprise SME Surveillance CRAB-SE 3 - - -

827 Hazi Gofur Enterprise SME Initial Rating CRAB-SE 4 - - -

828 Hazi Pharmacy SME Surveillance CRAB-SE 4 - - -

829 Hazi Sona Miah Stone Crusher SME Initial Rating CRAB-SE 4 - - -

830 Hazrat Traders SME Initial Rating CRAB-SE 4 - - -

831 Hejaj Steel Corporate Surveillance - BBB3(Lr) ST-3 -

832 Helal & Co. SME Surveillance CRAB-SE 3 - - -

833 Helicon Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

834 Herbo laboratories Unani SME Initial Rating CRAB-SE 4 - - -

835 Heritage Polymer & Lami Tubes Ltd. Corporate Surveillance - BBB2(Lr) ST-3 -

836 Highway Filling Station SME Initial Rating CRAB-ME 3 - - -

837 Hili Impex SME Surveillance CRAB-SE 3 - - -

838 Himalaya Ltd. Corporate Surveillance BB1 BB1(Lr) ST-3 Stable

839 Himel Traders SME Initial Rating CRAB-SE 3 - - -

840 Hira Electric Store & Sister Concern SME Surveillance CRAB-SE 4 - - -

841 Hira Steel Shop SME Initial Rating CRAB-SE 4 - - -

842 HKF Group of Industries SME Initial Rating CRAB-SE 3 - - -

843 HNS Automobiles Ltd. Corporate Surveillance - A2(Lr) ST-3 -

844 Hong Kong Denim(Pvt.) Ltd. Corporate Surveillance BB1 BB1(Lr) ST-4 Stable

845 Hoque Traders SME Surveillance CRAB-SE 3 - - -

846 Hoque Traders (SME_CTG) SME Initial Rating CRAB-SE 4 - - -

847 Horizon Fashion Wear Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

848 Hosne Ara & Sons SME Surveillance CRAB-SE 4 - - -

849 Hossain & Brothers SME Surveillance CRAB-SE 4 - - -

850 Hossain Brothers SME Surveillance CRAB-SE 4 - - -

851 Hossain Electronics SME Surveillance CRAB-SE 4 - - -

852 Hossain Enterprise Corporate Surveillance - - ST-4 -

853 Hossain Enterprise (Ctg) SME Surveillance CRAB-ME 3 - - -

854 Hossain Traders SME Surveillance CRAB-SE 4 - - -

855 Hossain Traders (Ctg) SME Initial Rating CRAB-ME 3 - - -

856 Hossainia Flour Mills SME Surveillance CRAB-SE 3 - - -

857 Hotel Anderkilla Corporate Initial Rating BBB3(Pr) - - -

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

21

Page 22: Corporate and SME · 2019-01-23 · Rating Update -December 2018 (Update up to 31 December 2018) Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings (Alphabetical

Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

858 Hotel Green Palace Corporate Surveillance BB1(Pr) - - -

859 Hotel Miami (Pvt.) Ltd. SME Surveillance CRAB-ME 4 - - -

860 HRC Technologies Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable

861 HRM Accessories Ltd. SME Surveillance CRAB-ME 4 - - -

862 HRM Corporation SME Initial Rating CRAB-ME 2 - - -

863 HTMS Packaging Industries Ltd. Corporate Surveillance - BBB2(Lr) ST-4 -

864 Hujaifa Builders SME Surveillance CRAB-SE 4 - - -

865 Hujaifa Enterprise SME Surveillance CRAB-SE 3 - - -

866 Huma Trims Ltd. SME Surveillance CRAB-SE 3 - - -

867 Humayun Enterprise SME Surveillance CRAB-SE 3 - - -

868 Humayun Enterprise-2 SME Surveillance CRAB-SE 3 - - -

869 Hydar Machinaries Corporate Surveillance - BBB3(Lr) ST-3 -

870 Hydar Machinery Store Corporate Surveillance - - ST-3 -

871 Hydar Motors Corporate Surveillance - - ST-3 -

872 Hyder Automobiles SME Surveillance CRAB-SE 3 - - -

873 Hydroxide Knitwear Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

874 Ideal Electrical Enterprise Ltd. Corporate Surveillance - BBB3(Lr) ST-1, ST-3 -

875 IFAD Autos Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable

876 IFAD Motors Ltd. Corporate Initial Rating BBB1 BBB1(Lr) ST-3 Stable

877 IFAD Multi Products Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

878 Image and its Sister Concern Alaluddin Brothers SME Initial Rating CRAB-SE 4 - - -

879 Imcotex Corporate Surveillance - - ST-4 -

880 Imfa International SME Initial Rating CRAB-SE 4 - - -

881 Impex International Corporate Surveillance - BBB3(Lr) - -

882 Impex Trade International Corporate Surveillance - - ST-3 -

883 Impress-Newtex Composite Textiles Ltd. Corporate Initial Rating A3 A3(Lr) ST-3 Stable

884 Imran Enterprise & Sanitary SME Initial Rating CRAB-SE 4 - - -

885 Imran Sit Bitan SME Initial Rating CRAB-SE 3 - - -

886 Index Agro Industries Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

887 Infer International SME Surveillance CRAB-SE 4 - - -

888 Information Technology Consultants Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

889 INTEFA Corporate Surveillance - - ST-3 -

890 Integrated Power & Engineering SME Initial Rating CRAB-SE 3 - - -

891 Integrated Security Services Ltd. Corporate Surveillance - BBB3(Lr) - -

892 Interlink Accessories Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -

893 Interlink Apparels Corporate Surveillance - BBB3(Lr) ST-3 -

894 Interlink Dresses Corporate Surveillance - BBB3(Lr) ST-3 -

895 Interna Plastic Products Ltd. SME Surveillance CRAB-SE 3 - - -

896 International Trading Services Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

897 Intimate printing & Packaging Corporate Surveillance - - ST-3 -

898 Intimate Trading House Ltd. Corporate Surveillance - - ST-3 -

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

22

Page 23: Corporate and SME · 2019-01-23 · Rating Update -December 2018 (Update up to 31 December 2018) Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings (Alphabetical

Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

899 Intimates Elastic Industries Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

900 Iqbal Enterprise SME Surveillance CRAB-SE 4 - - -

901 Iqbal Traders SME Surveillance CRAB-SE 4 - - -

902 Iqramul Haque Store SME Surveillance CRAB-SE 3 - - -

903 Irfan Traders SME Surveillance CRAB-SE 4 - - -

904 Irfat Enterprise SME Surveillance CRAB-SE 4 - - -

905 Islam Brothers & Co. Corporate Surveillance - BBB1(Lr) ST-3 -

906 Islam Engineering Co. SME Surveillance CRAB-SE 3 - - -

907 Islam Enterprise & Sister Concern SME Initial Rating CRAB-SE 3 - - -

908 Islam Garments Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

909 Islam Trading SME Surveillance CRAB-SE 4 - - -

910 Islam Trading Corporation SME Surveillance CRAB-SE 3 - - -

911 Islamia Bakers & Confectionery Ltd. SME Initial Rating CRAB-SE 4 - - -

912 Islamia Poultry Feed & Its Sister Concern Fahim TradersSME Surveillance CRAB-SE 4 - - -

913 Islampur Trading SME Surveillance CRAB-SE 4 - - -

914 Ismail Enterprise & Its Sister Concern (M S Traders) SME Surveillance CRAB-SE 3 - - -

915 Ispahani Agro Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

916 Ispahani Foods Ltd. Corporate Surveillance A3 A3(Lr) ST-2 Stable

917 Ispahani Marshal Limited Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

918 Ispahani Tea Ltd. Corporate Surveillance A2 A2(Lr) ST-2 Stable

919 IT Enterprise SME Surveillance CRAB-SE 3 - - -

920 ITD Bangladesh Company Ltd. Corporate Initial Rating - A3(Lr) - -

921 J and Ma Enterprise SME Initial Rating CRAB-SE 4 - - -

922 J B Cylinder Ltd. SME Surveillance CRAB-ME 3 - - -

923 J B L Trading SME Initial Rating CRAB-SE 4 - - -

924 J B Oil Mills Corporate Surveillance - BBB3(Lr) - -

925 J H Enterprise and Its sister Consern M/s Jubayer Enterprise SME Surveillance CRAB-SE 3 - - -

926 J I Enterprise SME Initial Rating CRAB-SE 4 - - -

927 J J Knitting SME Surveillance CRAB-SE 4 - - -

928 J K Cotton Mills Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

929 J K International Corporate Surveillance - - ST-4 -

930 J K Knit Composite Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

931 J k Sanittary SME Surveillance CRAB-SE 4 - - -

932 J K Spinning Mills Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

933 J K Synthetic Mills Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

934 J S Motors Store SME Initial Rating CRAB-SE 4 - - -

935 Jaantex Industries Ltd. Corporate Surveillance BBB2 - ST-1,ST-2, ST-3Stable

936 Jaba Semi Auto Rice Mill SME Surveillance CRAB-SE 3 - - -

937 Jabal E Nur International SME Initial Rating CRAB-SE 3 - - -

938 Jabbaria Enterprise SME Surveillance CRAB-ME 4 - - -

939 Jabed Traders SME Initial Rating CRAB-SE 4 - - -

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

23

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Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

940 Jabreen International Corporate Surveillance - BBB3(Lr) ST-3 -

941 Jahangir & Others Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

942 Jahangir Enterprise SME Surveillance CRAB-SE 3 - - -

943 Jahangir Store SME Initial Rating CRAB-SE 3 - - -

944 Jahid Enterprise SME Surveillance CRAB-SE 4 - - -

945 Jalal Ahmed Spinning Mills Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

946 Jamal & Co. SME Initial Rating CRAB-ME 4 - - -

947 Jamal Traders SME Initial Rating CRAB-SE 4 - - -

948 Jaman Traders SME Initial Rating CRAB-SE 4 - - -

949 Jamshed Ali & Sons SME Initial Rating CRAB-SE 3 - - -

950 Jamuna CNG Station SME Surveillance CRAB-SE 3 - - -

951 Jamuna Edible Oil Industries Ltd. Corporate Surveillance - BB2(Lr) ST-4 -

952 Jamuna Jute Industries Ltd. Corporate Surveillance - BB1(Lr) ST-4 -

953 Jamuna National Park SME Surveillance CRAB-ME 4 - - -

954 Jamuna Seeds Storage (Pvt.) Ltd. Corporate Surveillance - BB3(Lr) ST-4 -

955 Janani Glass & Thai Aluminium SME Initial Rating CRAB-SE 4 - - -

956 Janata Auto Center SME Initial Rating CRAB-SE 3 - - -

957 Janata Printing & Packaging Industries SME Initial Rating CRAB-ME 3 - - -

958 Janata Traders SME Initial Rating CRAB-SE 4 - - -

959 Jannat Flour Mills SME Surveillance CRAB-ME 3 - - -

960 Jannat Trading SME Surveillance CRAB-SE 3 - - -

961 Jans Elastica Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable

962 Jarina Metal Works Corporate Surveillance - BB1(Lr) ST-3 -

963 Jashim & Brothers (IBBL) Corporate Surveillance - - ST-3 -

964 Jashim Traders SME Surveillance CRAB-SE 3 - - -

965 Jashim Traders (NBL) SME Surveillance CRAB-SE 4 - - -

966 Jasim Traders SME Initial Rating CRAB-SE 4 - - -

967 Jazira Fabric SME Surveillance CRAB-ME 3 - - -

968 JDF Trade International SME Initial Rating CRAB-SE 4 - - -

969 Jeans Manufacturing Co. Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

970 Jeans Treat Ltd. SME Surveillance CRAB-ME 4 - - -

971 Jenil Filling Station SME Surveillance CRAB-SE 4 - - -

972 Jewel Enterprise SME Surveillance CRAB-SE 4 - - -

973 Jewel Fisheries & Agro Product SME Initial Rating CRAB-SE 4 - - -

974 Jewel Scrap House SME Surveillance CRAB-SE 4 - - -

975 Jharna Enterprise SME Surveillance CRAB-SE 4 - - -

976 Jharna Medical Hall SME Initial Rating CRAB-SE 4 - - -

977 Jhatika Traders Ltd. SME Surveillance CRAB-ME 4 - - -

978 Jhuma Accessories Ltd. SME Surveillance CRAB-SE 3 - - -

979 Jihan Footwear Pvt. Ltd. SME Surveillance CRAB-ME 3 - - -

980 JL Enterprise SME Initial Rating CRAB-ME 4 - - -

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

24

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Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

981 JME Trade Link Ltd. SME Initial Rating CRAB-SE 4 - - -

982 JMG International SME Surveillance CRAB-SE 3 - - -

983 JMS Garments Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

984 Jobayada Filling Station and Its Sister Concern SME Initial Rating CRAB-SE 4 - - -

985 Jomah Trading SME Surveillance CRAB-SE 3 - - -

986 Jonaki Traders SME Surveillance CRAB-SE 4 - - -

987 Jononi Traders SME Surveillance CRAB-SE 3 - - -

988 Jonoprio Trades SME Initial Rating CRAB-SE 4 - - -

989 Jonopriyo Flour & Dall Mill SME Initial Rating CRAB-SE 3 - - -

990 Jony & Brothers SME Initial Rating CRAB-SE 4 - - -

991 Joy Flour Mills SME Surveillance CRAB-ME 3 - - -

992 Joy Jute Mills SME Surveillance CRAB-SE 3 - - -

993 Joy Petroleum SME Surveillance CRAB-SE 5 - - -

994 Joya Enterprise SME Initial Rating CRAB-SE 4 - ST-3 -

995 Jumuna Dairy Farm & Jumuna Matsya Khamar SME Initial Rating CRAB-SE 4 - - -

996 Junayed Akbar Enterprise SME Initial Rating CRAB-SE 4 - - -

997 Jupiter Enterprise SME Surveillance CRAB-ME 2 - - -

998 Juvenile Construction Corporate Surveillance - - ST-3 -

999 Juvenile Trade Int’l Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

1000 K B Traders Corporate Surveillance - - ST-3 -

1001 K M Traders SME Initial Rating CRAB-SE 4 - - -

1002 K S Farms SME Initial Rating CRAB-SE 4 - - -

1003 Kader and Grand Sons SME Initial Rating CRAB-SE 3 - - -

1004 Kaitoba Corporation SME Initial Rating CRAB-SE 4 - - -

1005 Kalipada & Sons SME Initial Rating CRAB-SE 3 - - -

1006 Kallandi Textile Corporate Surveillance - - ST-3 -

1007 Kamal Iron Mart SME Surveillance CRAB-SE 3 - - -

1008 Kamal Kanti Saha SME Surveillance CRAB-SE 3 - - -

1009 Kamal Motors Oil & Parts SME Surveillance CRAB-SE 3 - - -

1010 Kamal Store SME Initial Rating CRAB-SE 4 - - -

1011 Kamrabad Stationary SME Initial Rating CRAB-SE 3 - - -

1012 Karim & Sons SME Initial Rating CRAB-SE 4 - - -

1013 Karim Spinning Mills Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable

1014 Karim Store SME Initial Rating CRAB-SE 3 - - -

1015 Karim Textiles Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable

1016 Karim Trading Corporation Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable

1017 Karnafully Chittagong Food & Beverage Ltd. Corporate Initial Rating BB1(Pr) - - -

1018 Karnafully Traders SME Initial Rating CRAB-SE 3 - - -

1019 Karooni Knit Composite Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

1020 Karotoa Spinning Mills Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

1021 Kashem & Rahman Printing Press SME Surveillance CRAB-SE 4 - - -

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

25

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Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

1022 kashipur Boil Salt Washing Factory SME Surveillance CRAB-SE 3 - - -

1023 Kasundi Restora Ltd. SME Surveillance CRAB-ME 3 - - -

1024 Kaveri Sweaters Ltd. Corporate Initial Rating A2 A2(Lr) ST-3 Stable

1025 Kawsar Corpration & its sister Concern SME Initial Rating CRAB-SE 3 - - -

1026 Kazi Travels & Tours SME Surveillance CRAB-ME 3 - - -

1027 Kazi Water Lines SME Initial Rating CRAB-ME 3 - - -

1028 Kazipur Fashions Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable

1029 Kentucky Knit Composite Ltd. Corporate Surveillance - BB1(Lr) ST-4 -

1030 Kentucky Textile Ltd. Corporate Surveillance - BB1(Lr) ST-4 -

1031 Keranigonj Enterprise and Its Sister Concerns SME Initial Rating CRAB-SE 3 - - -

1032 Khaja Air Liner SME Initial Rating CRAB-SE 4 - - -

1033 Khaja Enterprise SME Surveillance CRAB-SE 4 - - -

1034 Khaja Polythine Mart SME Surveillance CRAB-SE 3 - - -

1035 Khaled Trade International Corporate Initial Rating - B2(Lr) ST-5 -

1036 Khalek Iron Store SME Initial Rating CRAB-SE 3 - - -

1037 Khalispur Jute Mills Limited Corporate Initial Rating - B3(Lr) ST-5 -

1038 Khan & Sons Auto Rice Mill Corporate Surveillance - BBB3(Lr) ST-3 -

1039 Khan Auto Rice Mill SME Initial Rating CRAB-SE 4 - - -

1040 Khan Enterprise SME Surveillance CRAB-SE 4 - - -

1041 Khan Jahan Ali Timber Complex SME Initial Rating CRAB-SE 4 - - -

1042 Khan Motors SME Surveillance CRAB-ME 4 - - -

1043 Khan Traders SME Surveillance CRAB-SE 4 - - -

1044 Khan Traders (Dhaka Bank) SME Initial Rating CRAB-SE 3 - - -

1045 Khan Traders (Feni) SME Surveillance CRAB-SE 3 - - -

1046 Khanica Distribution Point SME Initial Rating CRAB-SE 3 - - -

1047 Khawja Aluminum Traders SME Initial Rating CRAB-ME 3 - - -

1048 Khondoker Traders SME Surveillance CRAB-SE 4 - - -

1049 Khowaz Auto Rice Mills SME Initial Rating CRAB-SE 3 - - -

1050 Khusee Traders SME Initial Rating CRAB-SE 4 - - -

1051 KHWAJA Enterprise (IBBL) SME Surveillance CRAB-SE 3 - - -

1052 Kibria Agro Industries Corporate Surveillance - BBB3(Lr) - -

1053 Kibria Paper Mill Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable

1054 Kibria Traders Corporate Surveillance - BBB3(Lr) ST-3 -

1055 Kings Confectionery (Bangladesh) Pte Ltd. SME Surveillance CRAB-ME 2 - - -

1056 Kishwan Agro Products Ltd. Corporate Initial Rating - A3(Lr) ST-3 -

1057 Kishwan Sancks Ltd. Corporate Initial Rating - A3(Lr) ST-3 -

1058 Kismat Trading Corporation Corporate Surveillance - - ST-3 -

1059 Knit & Knittex (Pvt) Ltd. Corporate Surveillance - BBB2(Lr) ST-4 -

1060 Knit City Ltd. Corporate Surveillance - - ST-3 -

1061 Knit Radix Ltd. Corporate Initial Rating - BBB3(Lr) ST-3 -

1062 Knitexpo Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -

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

26

Page 27: Corporate and SME · 2019-01-23 · Rating Update -December 2018 (Update up to 31 December 2018) Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings (Alphabetical

Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

1063 Knitivo Fashion Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -

1064 Koala Elastic & Accessories SME Surveillance CRAB-ME 3 - - -

1065 Kohinoor Comend And Mamun Company SME Initial Rating CRAB-SE 4 - - -

1066 Kohinoor Enterprise SME Surveillance CRAB-ME 3 - - -

1067 Kolka CNG SME Surveillance CRAB-SE 3 - - -

1068 Korban Ali Engineering Works SME Surveillance CRAB-ME 3 - - -

1069 Korotoa Chemical SME Surveillance CRAB-SE 4 - - -

1070 Kosturi Restora SME Initial Rating CRAB-SE 4 - - -

1071 Krishan Auto Rice Mill Corporate Surveillance - BBB3(Lr) ST-3 -

1072 Krishan Enterprise Corporate Surveillance - BBB3(Lr) ST-3 -

1073 Krishan Knitting Ltd. Corporate Initial Rating BBB2 BBB2(Lr) ST-3 Stable

1074 Kushtia Rice Mill Corporate Surveillance - BBB3(Lr) ST-3 -

1075 Kyros Footwear Industries Ltd. Corporate Initial Rating - BBB3(Lr) ST-4 -

1076 L M T Trading Co. SME Initial Rating CRAB-SE 4 - - -

1077 Labarador Construction and Supply Corporate Surveillance - BB2(Lr) - -

1078 Labbayek Masrasing & Press SME Surveillance CRAB-SE 4 - - -

1079 Lafzu Enterprise SME Surveillance CRAB-ME 3 - - -

1080 Lakdhanavi Bangla Power Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable

1081 Lal Mia & Co SME Surveillance CRAB-ME 4 - - -

1082 Lam Mim Associates Corporate Surveillance - BBB3(Lr) ST-3 -

1083 Lamia Lighting Ltd. SME Surveillance CRAB-SE 4 - - -

1084 Lamisha Trading SME Initial Rating CRAB-SE 4 - - -

1085 Laxman Chandra Banik SME Initial Rating CRAB-SE 4 - - -

1086 Legend Printing Ltd. Corporate Surveillance - - ST-3 -

1087 Les Pulls D'Alex Ltd. Corporate Surveillance - B1(Lr) ST-4 -

1088 Lida Textiles and Dyeing Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

1089 Life Bridge Medi Equipment SME Initial Rating CRAB-SE 4 - - -

1090 Ligion Herbal Ltd. SME Initial Rating CRAB-ME 3 - - -

1091 Lima Enterprise SME Surveillance CRAB-SE 3 - - -

1092 Lipika SME Initial Rating CRAB-SE 4 - - -

1093 Lira Doors Ltd. Corporate Initial Rating - BBB2(Lr) ST-3 -

1094 Lira Industries Enterprise Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

1095 Lira Polymer Industries Corporate Surveillance - BBB2(Lr) ST-3 -

1096 Lithe Apparel Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

1097 Liton Enterprise SME Surveillance CRAB-SE 3 - - -

1098 Liz Fashion Industries Ltd. Corporate Surveillance A1 A1(Lr) ST-2 Stable

1099 Lodestar Fashions Ltd. Corporate Surveillance - BB3(Lr) ST-4 -

1100 Lodestar Packaging Corporate Surveillance - BB1(Lr) - -

1101 Lohajong Steel Corporation SME Initial Rating CRAB-SE 4 - - -

1102 Louietex Manufacturing Ltd. Corporate Surveillance - BBB2(Lr) ST-3 -

1103 Lucky Construction SME Initial Rating CRAB-SE 3 - - -

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

27

Page 28: Corporate and SME · 2019-01-23 · Rating Update -December 2018 (Update up to 31 December 2018) Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings (Alphabetical

Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

1104 Lucky Star Apparels Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -

1105 L'Usine Fashion Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

1106 M & M Washing & Deying SME Surveillance CRAB-SE 3 - - -

1107 M A A Auto Bricks SME Initial Rating CRAB-ME 3 - - -

1108 M A Enterprise SME Initial Rating CRAB-SE 3 - - -

1109 M A Sufian Engineering Works SME Surveillance CRAB-SE 4 - - -

1110 M A Traders SME Initial Rating CRAB-SE 4 - - -

1111 M A Zaher SME Surveillance CRAB-ME 3 - - -

1112 M Ali Construction & its sister concern M. Ali Steel CorporationCorporate Initial Rating - BBB3(Lr) ST-3 -

1113 M Ali Enterprise SME Surveillance CRAB-SE 4 - - -

1114 M C Auto Rice Mill SME Initial Rating CRAB-SE 3 - - -

1115 M D Steel Custing Industries Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

1116 M H Bricks SME Surveillance CRAB-ME 4 - - -

1117 M H Enterprise SME Surveillance CRAB-SE 4 - - -

1118 M H J Products SME Initial Rating CRAB-SE 3 - - -

1119 M I Cement Factory Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable

1120 M K Enterprise Corporate Surveillance - - ST-3 -

1121 M K Rice Mill SME Initial Rating CRAB-SE 4 - - -

1122 M K Store SME Initial Rating CRAB-SE 4 - - -

1123 M M Associates Ltd. Corporate Initial Rating - BBB3(Lr) - -

1124 M M Enterprise SME Initial Rating CRAB-SE 4 - - -

1125 M M Ispahani Ltd. Corporate Surveillance AA1 AA1(Lr) ST-1 Stable

1126 M M Traders SME Initial Rating CRAB-SE 4 - - -

1127 M N Fishing Ltd. Corporate Surveillance - BB1(Lr) - -

1128 M N Huda Construction Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

1129 M N Metal SME Surveillance CRAB-SE 4 - - -

1130 M R B Bricks SME Surveillance CRAB-SE 4 - - -

1131 M R Brothers Corporate Surveillance - A3(Lr) ST-3 -

1132 M R International Corporate Initial Rating - BBB3(Lr) ST-3 -

1133 M R Metal Wire & Cables Ind. SME Initial Rating CRAB-SE 4 - - -

1134 M R Rice Mill & Its sister concern ( Hamza Beef Fattening And matsa Khamar)SME Surveillance CRAB-SE 4 - - -

1135 M R Stainless Steel & Aluminum Industries Corporate Initial Rating - BBB3(Lr) ST-3 -

1136 M Rahman Corporate Surveillance - BBB2(Lr) ST-3 -

1137 M Rahman & Co. SME Surveillance CRAB-SE 4 - - -

1138 M S Chaul Kall SME Initial Rating CRAB-SE 4 - - -

1139 M S Jute Shoe Thread & Accessories Factory SME Surveillance CRAB-ME 3 - - -

1140 M/S Afsar Ali Bricks SME Initial Rating CRAB-SE 3 - - -

1141 M/s Alam Store Corporate Surveillance - BB1(Lr) ST-3 -

1142 M/s Tanayabi Enterprise Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable

1143 M/S. Shadow Corporate Surveillance - BBB3(Lr) ST-3 -

1144 Ma Enterprise SME Initial Rating CRAB-SE 3 - - -

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

28

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Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

1145 Ma Enterprise (Pabna) SME Initial Rating CRAB-SE 4 - - -

1146 Ma Moni Gift and Varieties Store SME Initial Rating CRAB-SE 3 - - -

1147 Maa Metal Industries SME Initial Rating CRAB-SE 3 - - -

1148 Maa Poultry Feed & Drugs SME Initial Rating CRAB-SE 3 - - -

1149 Maa Sakhina Textile Mills SME Surveillance CRAB-ME 3 - - -

1150 Macca Marine Ship Builders SME Initial Rating CRAB-SE 3 - - -

1151 Macca Timber and Suppliers SME Initial Rating CRAB-ME 3 - - -

1152 Macca Trading Corporation SME Initial Rating CRAB-SE 4 - - -

1153 Madina Cement Ind. Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable

1154 Madina City and its Sister Concern Salab Shopping Center SME Initial Rating CRAB-SE 3 - - -

1155 Madina Enterprise Corporate Initial Rating - BBB1(Lr) ST-3 -

1156 Madina Store & Sister Concern SME Surveillance CRAB-ME 3 - - -

1157 Madina Trading Corporation SME Surveillance CRAB-SE 3 - - -

1158 MAF Newsprint Mills Ltd. Corporate Surveillance BB1 BB1(Lr) ST-4 Stable

1159 MAF Shoes Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

1160 Magnum Steel Industries Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

1161 Mahadi Motors (Pvt.) Ltd. SME Surveillance CRAB-SE 4 - - -

1162 Mahbub Enterprise SME Initial Rating CRAB-SE 3 - - -

1163 Mahbub Enterprise (FBL) SME Initial Rating CRAB-SE 4 - - -

1164 Maheen Enterprise Corporate Surveillance - BB1(Lr) ST-4 -

1165 Mahi Fish Prokolpo & Sister Concern SME Initial Rating CRAB-SE 4 - - -

1166 Mahi Steel Iron Mart SME Surveillance CRAB-ME 4 - - -

1167 Mahmud Enterprise SME Surveillance CRAB-SE 3 - - -

1168 Mahmud Traders SME Initial Rating CRAB-SE 3 - - -

1169 Mahmudul Hossain Tufa SME Initial Rating CRAB-SE 4 - - -

1170 Mainuddin Trading SME Surveillance CRAB-SE 3 - - -

1171 Maisha Fashion BD SME Initial Rating CRAB-SE 4 - - -

1172 Majumder garments Ltd. Corporate Surveillance - BBB2(Lr) ST-3 -

1173 MAK Corporation Corporate Surveillance - - ST-3 -

1174 Makkah Store SME Surveillance CRAB-SE 3 - - -

1175 Maksud Engineering Works SME Initial Rating CRAB-SE 4 - - -

1176 Maliha Chaul Kal SME Initial Rating CRAB-SE 4 - - -

1177 Mallick Traders SME Initial Rating CRAB-SE 3 - - -

1178 Mama Bhagina Jwellery Store SME Surveillance CRAB-SE 4 - - -

1179 Mama Bhagna Khaddo Vander SME Initial Rating CRAB-SE 3 - - -

1180 Mamun Agro Products Ltd. Corporate Surveillance - BBB3(Lr) ST-4 -

1181 Mamun Enterprise SME Initial Rating CRAB-SE 4 - - -

1182 Mamun Machinery Corporate Surveillance - - ST-4 -

1183 Mamun PVC Factory Corporate Surveillance - - ST-4 -

1184 MAN Enterprise SME Surveillance CRAB-ME 3 - - -

1185 Manha Impex Corporation SME Surveillance CRAB-SE 4 - - -

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

29

Page 30: Corporate and SME · 2019-01-23 · Rating Update -December 2018 (Update up to 31 December 2018) Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings (Alphabetical

Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

1186 Manik Printing Publications SME Surveillance CRAB-SE 3 - - -

1187 Manik Traders SME Initial Rating CRAB-SE 4 - - -

1188 Mannan & Associates SME Initial Rating CRAB-SE 3 - - -

1189 Mannan Corporation and its Sister Concern Khan Metal IndustriesSME Surveillance CRAB-SE 3 - - -

1190 Mariams SME Initial Rating CRAB-SE 4 - - -

1191 Marium Textile Mills Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

1192 Mark Corporation SME Surveillance CRAB-SE 3 - - -

1193 Mary Gold Agro Science SME Surveillance CRAB-SE 4 - - -

1194 Mas Trade Internat Corporate Initial Rating - - ST-4 -

1195 Mashrifa Food Products Ltd. Corporate Surveillance - BBB3(Lr) - Stable

1196 Masihata Sweaters Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

1197 Master & Brothers Corporate Surveillance - - ST-3 -

1198 Master Machinaries SME Initial Rating CRAB-SE 4 - - -

1199 Master Simex Paper Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

1200 Master Steel Re-Rolling Mills Corporate Surveillance - BB3(Lr) ST-3 -

1201 Masud & Brothers Corporate Surveillance - A3(Lr) ST-3 -

1202 Masum & Brothers Cloth Store SME Surveillance CRAB-ME 3 - - -

1203 Masum Trade International SME Initial Rating CRAB-SE 4 - - -

1204 Matador Ball Pen Industries Corporate Surveillance - A3(Lr) ST-3 -

1205 Matex Bangladesh Ltd. Corporate Surveillance A1 A1(Lr) ST-2 Stable

1206 Matex Bangladesh Ltd. Corporate Surveillance A1 A1(Lr) ST-2 Stable

1207 Matin Khadya Bhander SME Initial Rating CRAB-SE 4 - - -

1208 Matin Traders SME Surveillance CRAB-SE 3 - - -

1209 Matri Bangla Dredging & Engineering Ltd. SME Surveillance CRAB-ME 4 - - -

1210 Matrix Metallurgical Industries Ltd Corporate Initial Rating A2 A2(Lr) ST-3 Stable

1211 Matrix Styles Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

1212 Mawla Textile Mills (Pvt) Ltd. Corporate Surveillance - BB3(Lr) ST-4 -

1213 Max Infrastructure Ltd. Corporate Surveillance A1 A1(Lr) ST-2 Stable

1214 Max Infrastructure Ltd. Corporate Surveillance A1 A1(Lr) ST-2 Stable

1215 May International Trade Services Ltd. Corporate Initial Rating BBB3 BBB3(Lr) - Stable

1216 Mayble & Frank Fashions Ltd. Corporate Initial Rating - BBB3(Lr) ST-4 -

1217 Mayer Doa Enterprise (IBBL) SME Surveillance CRAB-SE 4 - - -

1218 Mayer Doa Fish Complex & Sister Concern (Mayer Doa Trading)SME Initial Rating CRAB-SE 3 - - -

1219 Mayer Doa Fish Prokolpo SME Initial Rating CRAB-SE 4 - - -

1220 Mayer Doya Traders SME Initial Rating CRAB-SE 4 - - -

1221 Mazidsons Construction Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

1222 MB Hossain SME Initial Rating CRAB-SE 4 - - -

1223 MBM Enterprise SME Surveillance CRAB-SE 4 - - -

1224 Md Atik Hussain SME Initial Rating CRAB-SE 3 - - -

1225 Md Jahangir Alam Chowdhury SME Surveillance CRAB-SE 4 - - -

1226 Md Saiful Islam SME Initial Rating CRAB-SE 4 - - -

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

30

Page 31: Corporate and SME · 2019-01-23 · Rating Update -December 2018 (Update up to 31 December 2018) Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings (Alphabetical

Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

1227 Md Zahid Miah Corporate Surveillance - - ST-3 -

1228 Md. Muklesur Rahman SME Initial Rating CRAB-SE 4 - - -

1229 Md. Rakib Uddin Dewan & Md. Rukon Uddin Dewan Corporate Surveillance - BBB2(Lr) - -

1230 Md. Tohidul Islam SME Initial Rating CRAB-SE 4 - - -

1231 Mecatake Industries Corporate Initial Rating - - ST-4 -

1232 Medha Enterprise SME Initial Rating CRAB-SE 3 - - -

1233 Media World Ltd. Corporate Initial Rating AA1 AA1(Lr) ST-2 Stable

1234 Meek Knit Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-1,ST-3 Stable

1235 Mega S S System Ltd. SME Surveillance CRAB-SE 4 - - -

1236 Mega Yarn Dyeing Mills Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

1237 Meghna Cement Mills Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

1238 Meghna Knit Composite Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable

1239 Meghna Motors SME Initial Rating CRAB-SE 4 - - -

1240 Meghna Traders SME Initial Rating CRAB-SE 4 - - -

1241 Meghna Traders(Narsingdi) SME Initial Rating CRAB-SE 3 - - -

1242 Mehedi Traders SME Initial Rating CRAB-SE 3 - - -

1243 Mehedi Traders (NBL) SME Surveillance CRAB-SE 4 - - -

1244 Mehnaz Styles & Craft Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

1245 Memory International SME Initial Rating CRAB-SE 3 - - -

1246 Menon Plastic SME Initial Rating CRAB-SE 4 - - -

1247 Mercer Design Tex Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

1248 Mesh Exports House (Pvt) Ltd. Corporate Surveillance - BBB2(Lr) ST-4 -

1249 Mesh Garments (Pvt) Unit-1 Ltd. Corporate Surveillance BB1(Pr) - - -

1250 Mesh Sports Wear (Pvt) Ltd. Corporate Surveillance - BBB2(Lr) ST-4 -

1251 Metee Motors SME Initial Rating CRAB-SE 3 - - -

1252 Metro Knitting & Dyeing Mills Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable

1253 Metro Spinning Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable

1254 MGP Tower Corporate Initial Rating - BB1(Lr) - -

1255 Mia Cloth Store SME Surveillance CRAB-SE 4 - - -

1256 Miami Roto Film Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable

1257 Micro Engineering Aid SME Initial Rating CRAB-SE 4 - - -

1258 MID Asia Fashion Ltd. Corporate Surveillance - BB1(Lr) ST-4 -

1259 Midland Power Co. Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable

1260 Might Corporation SME Initial Rating CRAB-SE 3 - - -

1261 Mihran Ship Recycling Industries Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable

1262 Milan Cold Storage Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

1263 Milkco Dairy & Poultry Feeds Ltd. Corporate Surveillance BB2(Pr) - - -

1264 Milon Industries SME Surveillance CRAB-SE 4 - - -

1265 Milon Watch Service SME Initial Rating CRAB-SE 4 - - -

1266 MIM Design Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

1267 Mim Fast Food SME Initial Rating CRAB-SE 3 - - -

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

31

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Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

1268 Mim Mahin Mohit Poultry SME Initial Rating CRAB-SE 4 - - -

1269 MIM Sweaters Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

1270 Minar Automatic Rice Mill & Haji Trading CorporationSME Initial Rating CRAB-SE 3 - - -

1271 Minhaz Stone Crusher SME Surveillance CRAB-SE 3 - - -

1272 Mintu Carton Store & Packaging SME Initial Rating CRAB-SE 4 - - -

1273 Mir Enterprise SME Initial Rating CRAB-SE 3 - - -

1274 Mir Trading SME Surveillance CRAB-SE 4 - - -

1275 Miraj Textile SME Surveillance CRAB-SE 4 - - -

1276 Mirzapur Motsho Prokalpo-2 SME Surveillance CRAB-SE 4 - - -

1277 Misami Garments Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

1278 Misham Agro Industries Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

1279 Misham Feeds Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-3 Stable

1280 Mitali Stone Crusher SME Initial Rating CRAB-SE 3 - - -

1281 Mithu Carpets Corporate Surveillance - BBB2(Lr) ST-3 -

1282 Miton Cottage Industries SME Surveillance CRAB-ME 3 - - -

1283 Mitu Traders SME Initial Rating CRAB-SE 3 - - -

1284 Mizan & Laboni Garments-2 SME Initial Rating CRAB-SE 4 - - -

1285 Mizan Salt Mills Ltd. SME Initial Rating CRAB-SE 3 - - -

1286 Mizan Traders SME Surveillance CRAB-SE 3 - - -

1287 Mizanur Chaul Kal SME Initial Rating CRAB-SE 4 - - -

1288 MKS Trading SME Initial Rating CRAB-SE 4 - - -

1289 MM Ship Breaking Industries Corporate Surveillance - BBB3(Lr) ST-3 -

1290 MM Trading SME Surveillance CRAB-SE 3 - - -

1291 MNRS Trade International SME Surveillance CRAB-SE 4 - - -

1292 Mobarak Bricks And Its sister Concern Mobarak TradersSME Surveillance CRAB-SE 3 - - -

1293 Mocca Tiles & Sanitary (Pvt.) Ltd. Corporate Surveillance - BB1(Lr) ST-4 -

1294 Modern Accessories SME Surveillance CRAB-SE 3 - - -

1295 Modern Diagnostic Centre Ltd. Corporate Surveillance - A2(Lr) ST-3 -

1296 Modern Salt Industries SME Initial Rating CRAB-SE 4 - - -

1297 Modhumela Bread and Sweets Ltd. SME Initial Rating CRAB-SE 4 - - -

1298 Modina Enterprise SME Surveillance CRAB-SE 4 - - -

1299 Modina Filling Station & Its Sister Concern (Modina Traders)SME Surveillance CRAB-SE 4 - - -

1300 Modiste (Bangladesh) Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

1301 Modiste (CEPZ) Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

1302 Modon Mohon Vander SME Initial Rating CRAB-ME 3 - - -

1303 Mofa Fish Processing (Pvt) Ltd. Corporate Surveillance BB2 BB2(Lr) ST-4 Stable

1304 Mohammad Ali Traders SME Surveillance CRAB-SE 3 - - -

1305 Mohammadi Electric Wires & Multi Products Ltd. Corporate Surveillance - BBB2(Lr) ST-3 -

1306 Mohammadi Enterprise SME Initial Rating CRAB-SE 3 - - -

1307 Mohammadia Iron Industries SME Surveillance CRAB-SE 3 - - -

1308 Mohammed & Sons Corporate Surveillance - - ST-3 -

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

32

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Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

1309 Mohanagar Paribahan SME Initial Rating CRAB-SE 3 - - -

1310 Mohara Asian Apparels Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

1311 Mohosin Motors SME Surveillance CRAB-SE 4 - - -

1312 Mohsin Trading Corporation SME Initial Rating CRAB-SE 4 - - -

1313 Moidul Store SME Surveillance CRAB-SE 3 - - -

1314 Molla Salt (Triple Refined) Industry Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

1315 Molla Vangri Store and its sister concern Laboni metal Industries SME Initial Rating CRAB-SE 4 - - -

1316 Mollah Glass House SME Surveillance CRAB-ME 3 - - -

1317 Mom Tex Ltd. Corporate Surveillance - A2(Lr) ST-3 -

1318 Momin Spinning Mills Corporate Surveillance - BBB2(Lr) ST-3 -

1319 Momin Textile Corporate Surveillance - BBB2(Lr) ST-3 -

1320 Momtex Expo Ltd. Corporate Initial Rating - A3(Lr) ST-3 -

1321 Mona Food Industries Corporate Surveillance - A3(Lr) ST-3 -

1322 Monarch Engineers Corporate Surveillance - - ST-3 -

1323 Mondal Traders SME Initial Rating CRAB-SE 3 - - -

1324 Mondol Dairy Firm SME Initial Rating CRAB-SE 4 - - -

1325 Mondol Traders SME Initial Rating CRAB-SE 4 - - -

1326 Mongol Bakery SME Surveillance CRAB-ME 3 - - -

1327 Moni Corporation SME Initial Rating CRAB-SE 4 - - -

1328 Monir Enterprise SME Initial Rating CRAB-SE 3 - - -

1329 Monir Timber & Sawmill SME Surveillance CRAB-SE 4 - - -

1330 Monju Bazar SME Surveillance CRAB-SE 4 - - -

1331 Monjura Poultry Prokolpo SME Surveillance CRAB-SE 4 - - -

1332 Monowara Knit Fashions Ltd. SME Surveillance CRAB-SE 3 - - -

1333 Monowara Traders SME Surveillance CRAB-SE 3 - - -

1334 Moon Enterprise SME Initial Rating CRAB-SE 4 - - -

1335 Moonlux Apparels Limited Corporate Surveillance - BB1(Lr) ST-3 -

1336 Moonlux Composite Knit Garments Limited Corporate Surveillance - BB1(Lr) ST-3 -

1337 Morol Group SME Initial Rating CRAB-SE 3 - - -

1338 Mosco Marketing Company SME Initial Rating CRAB-SE 3 - - -

1339 Mostafiz & Brothers SME Surveillance CRAB-ME 3 - - -

1340 Mostafizur Rahman SME Initial Rating CRAB-SE 4 - - -

1341 Mostaque & Brothers SME Initial Rating CRAB-SE 3 - - -

1342 Mostofa Motors Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable

1343 Mother Khadija Traders SME Surveillance CRAB-SE 3 - - -

1344 Mother Steel Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

1345 Mother Textile Mills Corporate Initial Rating - BBB1(Lr) ST-3 -

1346 Mothers Care SME Surveillance CRAB-SE 3 - - -

1347 Mou Poultry Feed & Madicine & Sister Concern SME Initial Rating CRAB-SE 3 - - -

1348 Mouchak Food Products SME Surveillance CRAB-SE 3 - - -

1349 Mouchak Knit Composite Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable

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

33

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Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

1350 Moula Boksh Karim Boksh SME Surveillance CRAB-ME 2 - - -

1351 Mousumi Chaul Kal SME Initial Rating CRAB-SE 3 - - -

1352 Mozumder Traders SME Initial Rating CRAB-SE 4 - - -

1353 MRM International Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable

1354 MSA Spinning Ltd. Corporate Surveillance - BBB1(Lr) ST-3 -

1355 MSA Textiles Ltd. Corporate Initial Rating - BBB3(Lr) ST-3 -

1356 MSM Bricks SME Initial Rating CRAB-SE 4 - - -

1357 Muhib and Theo Inc. SME Surveillance CRAB-SE 4 - - -

1358 Muhibur Rahman Corporate Surveillance - - ST-3 -

1359 Mukta Hardware Store SME Surveillance CRAB-SE 3 - - -

1360 Mukta Traders SME Surveillance CRAB-SE 3 - - -

1361 Multi Safh Bags Ltd. Corporate Surveillance BB1 BB1(Lr) ST-4 Stable

1362 Multi Trade Enterprise Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

1363 Multimedia Content & Communications Ltd. Corporate Initial Rating BB1 BB1(Lr) - Stable

1364 Munir Chaul Kall SME Initial Rating CRAB-SE 4 - - -

1365 Munna Traders SME Initial Rating CRAB-SE 4 - - -

1366 Munni Enterprise SME Initial Rating CRAB-SE 4 - - -

1367 Munshigonj Fiber & Agro Industries Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

1368 Munzur Enterprise SME Initial Rating CRAB-SE 4 - - -

1369 Murad Enterprise SME Initial Rating CRAB-SE 4 - - -

1370 Musa Sowdagor Corporate Surveillance - BBB1(Lr) ST-3 -

1371 Mutual Apparels Ltd. Corporate Surveillance - BBB3(Lr) - -

1372 Mutual Food Products Ltd. Corporate Surveillance - A3(Lr) ST-3 -

1373 My One Energy Ltd. SME Surveillance CRAB-ME 3 - - -

1374 N I Member Agro Farm SME Initial Rating CRAB-SE 4 - - -

1375 N Mullick Filling Station SME Initial Rating CRAB-SE 3 - - -

1376 N N Enterprise SME Surveillance CRAB-SE 3 - - -

1377 N R Corporation SME Initial Rating CRAB-SE 4 - - -

1378 N S Steel SME Surveillance CRAB-SE 3 - - -

1379 Nabil Auto Flour Mill Corporate Initial Rating BBB3 BBB3(Lr) ST-3 Stable

1380 Nabil Farm Ltd. SME Initial Rating CRAB-SE 3 - - -

1381 Nabil Feed Mills Ltd. Corporate Initial Rating BB1 BB1(Lr) ST-4 Stable

1382 Naboti Industries (Pvt.) Ltd. SME Surveillance CRAB-SE 4 - - -

1383 Nafiz Chaul Kall SME Initial Rating CRAB-SE 3 - - -

1384 Nahar Chaul Kal & its Sister Concern SME Initial Rating CRAB-SE 4 - - -

1385 Nahar Poultry Farm SME Initial Rating CRAB-SE 4 - - -

1386 Nahid Advertise & Printing SME Surveillance CRAB-SE 4 - - -

1387 Nahid Enterprise & its sister concern M/S Panchbibi Pouro Biddut Bitan SME Initial Rating CRAB-SE 3 - - -

1388 Nahid Motors SME Surveillance CRAB-SE 3 - - -

1389 Nahid Plastic (BD) Ltd. Corporate Surveillance - BBB1(Lr) ST-3 -

1390 Nahid Traders SME Surveillance CRAB-SE 3 - - -

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

34

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Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

1391 Nakshatra SME Surveillance CRAB-ME 3 - - -

1392 NAM Enterprise SME Surveillance CRAB-SE 3 - - -

1393 Namira Enterprise SME Initial Rating CRAB-ME 3 - - -

1394 Nannu & Brothers SME Surveillance CRAB-SE 3 - - -

1395 Nannu & Brothers SME Initial Rating CRAB-SE 3 - - -

1396 Nannu Spinning Mills Ltd. Corporate Surveillance - BBB1(Lr) ST-3 -

1397 Nannu Textile Mills Ltd. Corporate Surveillance - BBB2(Lr) ST-3 -

1398 Naptune Advertising Ltd. SME Initial Rating CRAB-SE 5 - - -

1399 Narshingdi Sizing & Finishing Mills Ltd. SME Initial Rating CRAB-SE 3 - - -

1400 Naser Enterprise SME Surveillance CRAB-SE 3 - - -

1401 Nasiruddin Traders SME Surveillance CRAB-SE 3 - - -

1402 National Color Point SME Surveillance CRAB-SE 4 - - -

1403 National Electronics SME Initial Rating CRAB-SE 4 - - -

1404 National Machinery Corporation SME Initial Rating CRAB-SE 3 - - -

1405 National Traders SME Surveillance CRAB-SE 4 - - -

1406 Nature & Care Agro Products Ltd. SME Initial Rating CRAB-ME 3 - - -

1407 Navana Batteries Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable

1408 Navana Building Products Ltd. Corporate Surveillance - A3(Lr) ST-3 -

1409 Navana Construction Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

1410 Navana Electronics Ltd. Corporate Surveillance A2 A2(Lr) ST-2 Stable

1411 Navana Foods Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

1412 Navana Limited Corporate Surveillance AA3 AA3(Lr) ST-3 Stable

1413 Navana Real Estate Limited Corporate Surveillance AA3 AA3(Lr) ST-2 Stable

1414 Navid Knit Fabric Ltd. SME Initial Rating CRAB-ME 3 - - -

1415 Nawaj Sharif Traders SME Initial Rating CRAB-SE 3 - - -

1416 NAZ Bangladesh Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable

1417 Nazim Uddin & Brothers SME Surveillance CRAB-SE 3 - - -

1418 Nazma Dairy Farm & Mach Chash Prakalpo SME Surveillance CRAB-SE 5 - - -

1419 Nazma Motso Prokolpo SME Initial Rating CRAB-SE 4 - - -

1420 Nazmul Haque Enterprise and Its Sister Concern Sakib TradingSME Initial Rating CRAB-SE 4 - - -

1421 Nazrul Enterprise SME Surveillance CRAB-SE 3 - - -

1422 Needs Enterprise SME Surveillance CRAB-SE 3 - - -

1423 Nehan Traders Corporate Initial Rating - - ST-3 -

1424 Neo Zipper Company Ltd. Corporate Surveillance A1 A1(Lr) ST-2 Stable

1425 Neptune Electric Electronics Mechanical & Engineering SME Surveillance CRAB-SE 4 - - -

1426 NES Trading Ltd. SME Surveillance CRAB-SE 3 - - -

1427 Network Apparel Ltd. Corporate Surveillance - BB1(Lr) ST-4 -

1428 Network Clothing Ltd. Corporate Surveillance - BB1(Lr) ST-4 -

1429 New Afrin Cold Storage Ltd. Corporate Surveillance - BBB3(Lr) ST-4 -

1430 New Al Modina Enterprise SME Initial Rating CRAB-SE 4 - - -

1431 New Auto Galaxy Corporate Surveillance - - ST-3 -

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

35

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Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

1432 New Bogdad Rice Mill Corporate Surveillance - - ST-3 -

1433 New Boss Bricks & Sister Concern SME Initial Rating CRAB-SE 3 - - -

1434 New Hope Farms Bangladesh Ltd. Corporate Initial Rating A1 A1(Lr) ST-3 Stable

1435 New Islamia Library SME Initial Rating CRAB-SE 4 - - -

1436 New Lucky Moni SME Initial Rating CRAB-SE 4 - - -

1437 New Nani Products SME Surveillance CRAB-SE 3 - - -

1438 New Rakib Enterprise SME Surveillance CRAB-SE 4 - - -

1439 New RS Electronics SME Surveillance CRAB-SE 4 - - -

1440 New Shafique Car Paint SME Surveillance CRAB-SE 4 - - -

1441 New Shitolakha Flour Mills SME Surveillance CRAB-SE 4 - - -

1442 New Siddiques SME Surveillance CRAB-SE 3 - - -

1443 New Sonali Enterprise SME Surveillance CRAB-SE 4 - - -

1444 New Sun Bricks & Manufactures SME Surveillance CRAB-ME 4 - - -

1445 New Vai Vai Store SME Initial Rating CRAB-SE 4 - - -

1446 New York Construction SME Initial Rating CRAB-SE 4 - - -

1447 Next Accessories Ltd. Corporate Surveillance - BB1(Lr) ST-4 -

1448 Next Collection SME Initial Rating CRAB-SE 3 - - -

1449 Next Zone SME Surveillance CRAB-SE 4 - - -

1450 NHQ Distributions Ltd. Corporate Surveillance - BBB3(Lr) ST-1,ST-3 -

1451 Niagara Textiles Ltd Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

1452 Nice Denim Mills Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

1453 Nikhut Traders SME Initial Rating CRAB-SE 4 - - -

1454 Niloy Setu Enterprise SME Initial Rating CRAB-SE 4 - - -

1455 Nina Holdings Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable

1456 Nipobon Properties Ltd. SME Surveillance CRAB-SE 4 - - -

1457 Niribili Poultry & Livestock Ltd. Corporate Surveillance BB3 BB3(Lr) ST-4 Stable

1458 Nirman Prokausholy Corporate Surveillance - BB1(Lr) ST-4 -

1459 Nirman Traders SME Surveillance CRAB-SE 3 - - -

1460 Nishat Enterprise SME Initial Rating CRAB-SE 4 - - -

1461 Nishi Enterprise SME Surveillance CRAB-SE 3 - - -

1462 Nissho Koeki Tissue Papers Co. Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-3 Stable

1463 Nizam & Brothers SME Surveillance CRAB-SE 4 - - -

1464 Nizam Chaul Kall SME Initial Rating CRAB-SE 4 - - -

1465 Nizam Enterprise SME Surveillance CRAB-SE 3 - - -

1466 Noble navigation and Shipping Line SME Surveillance CRAB-SE 4 - - -

1467 Noble Printing & Packaging Ltd. SME Surveillance CRAB-SE 3 - - -

1468 Noman Fabrics Ltd. Corporate Surveillance A3 A3(Lr) - Stable

1469 Noman Home Textile Mills Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable

1470 Noman Spinning Mills Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

1471 Noman Terry Towel Mills Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable

1472 Noman Textiles Mills Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable

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

36

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Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

1473 Noor Enterprise SME Initial Rating CRAB-SE 4 - - -

1474 Noor Rice Mill SME Initial Rating CRAB-SE 4 - - -

1475 Noorjahan Hospital PVT. Ltd. SME Initial Rating CRAB-SE 3 - - -

1476 Norm Outfit & Accessories Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable

1477 North Bengal Grain Industries Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

1478 Northern Agriscience Ltd. Corporate Initial Rating - - ST-3 -

1479 Northern Hatcheries Ltd. Corporate Surveillance BBB3(Pr) BBB3(Lr) - -

1480 Northern Paddy Bi-Product Corporate Initial Rating - B2(Lr) ST-5 -

1481 Novo Com Ltd. Corporate Surveillance BBB3 BBB3(Lr) - Stable

1482 Novo Corporation SME Surveillance CRAB-ME 4 - - -

1483 Novo Tel Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

1484 Nowapara Clod Storage Ltd. Corporate Surveillance - A2(Lr) ST-3 -

1485 Nowhata Green Bricks Ltd. Corporate Initial Rating BBB3(Pr) - - -

1486 NS Construction SME Initial Rating CRAB-ME 3 - - -

1487 Nur Enterprise SME Surveillance CRAB-SE 4 - - -

1488 Nur jahan & Sons Corporate Initial Rating - BBB3(Lr) ST-3 -

1489 Nur Traders SME Surveillance CRAB-SE 3 - - -

1490 Nurani Fashion SME Initial Rating CRAB-SE 4 - - -

1491 Nurani Traders SME Initial Rating CRAB-SE 4 - - -

1492 Nur-E-Alahee & Brothers (Pvt.) Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -

1493 Nuru Bettery House SME Initial Rating CRAB-SE 4 - - -

1494 Nuru Motors SME Surveillance CRAB-SE 4 - - -

1495 Nurul Azam SME Surveillance CRAB-SE 4 - - -

1496 Nurul Huda Filling Station Corporate Surveillance - BBB3(Lr) - -

1497 Nurul Islam SME Initial Rating CRAB-SE 4 - - -

1498 Nurul Islam Traders SME Surveillance CRAB-SE 4 - - -

1499 Nurun Nessa Saw Mill & Furniture SME Initial Rating CRAB-SE 4 - - -

1500 Nusrat Builders Corporate Surveillance - BBB3(Lr) ST-3 -

1501 Nusrat Motsha Khamar & M/S Nazat Enterprise SME Initial Rating CRAB-SE 4 - - -

1502 Nusrat Trading Company Corporate Surveillance - BB1(Lr) ST-3 -

1503 Nutan Bidyut (Bangladesh) Ltd. Corporate Surveillance A3(Pr) - - -

1504 Oasis Services (Agro) Ltd. Corporate Surveillance BBB2 BBB2(Lr) - Stable

1505 Obaid Enterprise SME Surveillance CRAB-SE 3 - - -

1506 Oeshi Enterprise SME Surveillance CRAB-SE 4 - - -

1507 Ohiduzzaman Chowdhury SME Initial Rating CRAB-SE 3 - - -

1508 OK Enterprise Pvt. Ltd. Corporate Surveillance - BB2(Lr) ST-4 -

1509 OK Properties Ltd. Corporate Surveillance - BB2(Lr) ST-4 -

1510 OK Trade International Corporate Surveillance - BB2(Lr) - -

1511 OKM Trading Corporation Corporate Surveillance - BBB3(Lr) ST-3 -

1512 Oli Enterprise SME Surveillance CRAB-SE 3 - - -

1513 Olympic Cement Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Positive

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

37

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Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

1514 Olympic Travels (BD) Ltd. SME Surveillance CRAB-SE 4 - - -

1515 Omni Power Ltd. SME Surveillance CRAB-SE 4 - - -

1516 One Telecom SME Initial Rating CRAB-SE 3 - - -

1517 One Telecom (Ctg) SME Surveillance CRAB-SE 3 - - -

1518 Onib Textile Mills SME Surveillance CRAB-ME 3 - - -

1519 Onnivision Trade International Ltd. SME Initial Rating CRAB-SE 4 - - -

1520 Oracle Services Ltd. Corporate Initial Rating BBB2 BBB2(Lr) ST-3 Stable

1521 Orbital International SME Surveillance CRAB-ME 3 - - -

1522 Orient Export Import Co. Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -

1523 Orient Plastic & Packaging Industries Ltd. SME Surveillance CRAB-SE 4 - - -

1524 Oriental Oil Company Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable

1525 Orion Gas Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

1526 Orion Infusion Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

1527 Orion Pharma Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable

1528 Orion Power Dhaka Ltd. Corporate Surveillance A3(Pr) - - -

1529 Orion Power Meghnaghat Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable

1530 Orion Tea Company Ltd. Corporate Surveillance - BBB2(Lr) ST-3 -

1531 Orlance Shipping & Trading Agency SME Surveillance CRAB-SE 4 - - -

1532 Ortack Company SME Surveillance CRAB-ME 3 - - -

1533 Osman and Brothers SME Initial Rating CRAB-SE 4 - - -

1534 Ours Corporation SME Surveillance CRAB-ME 3 - - -

1535 Ovee Enterprise & Sister Concern SME Surveillance CRAB-SE 5 - - -

1536 Ovijhat Shamver SME Initial Rating CRAB-SE 4 - - -

1537 Oww Trading & Ship Breaking Corporate Surveillance - - ST-3 -

1538 Oxford Colours Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

1539 P K Trading SME Surveillance CRAB-SE 3 - - -

1540 P4S Packaging & Accessories Ltd. SME Initial Rating CRAB-SE 3 - - -

1541 Pabna Knit Design Ltd. Corporate Surveillance - BBB3(Lr) - -

1542 Pach Bhai Restaurant. SME Initial Rating CRAB-SE 2 - - -

1543 Pacific Ispat Mills SME Surveillance CRAB-ME 3 - - -

1544 Pacific Sweaters Ltd. Corporate Initial Rating - BB2(Lr) ST-4 -

1545 Pack nd Package Ltd. SME Surveillance CRAB-SE 3 - - -

1546 Packmart Industries Ltd. Corporate Surveillance AA2 AA2(Lr) ST-3 Stable

1547 Padma Auto Rice Mills SME Initial Rating CRAB-SE 3 - - -

1548 Padma Cold Storage (Pvt.) Ltd. Corporate Surveillance BB1 BB1(Lr) ST-3 Stable

1549 Padma Industries Ltd. SME Surveillance CRAB-SE 4 - - -

1550 Padma LPG Ltd. Corporate Initial Rating BBB2 BBB2(Lr) ST-3 Stable

1551 Padma Traders Corporate Surveillance - BBB2(Lr) ST-3 -

1552 Pakiza Apparels Ltd. Corporate Initial Rating - BBB3(Lr) ST-3 -

1553 Pakiza Cotton Spinning Mills (Pvt.) Ltd. Corporate Initial Rating - A1(Lr) ST-3 -

1554 Pakiza Dyeing & Printing Industries Ltd. Corporate Initial Rating - A1(Lr) ST-3 -

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

38

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Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

1555 Pakiza Knit Composite Ltd. Corporate Surveillance - A2(Lr) ST-3 -

1556 Pakiza Spinning Mills Ltd. Corporate Initial Rating - A1(Lr) ST-3 -

1557 Pakiza Textiles Ltd. Corporate Initial Rating - A1(Lr) ST-3 -

1558 Pakiza Woven Fashion Ltd. Corporate Initial Rating - BBB3(Lr) ST-3 -

1559 Palak Tama Enterprise SME Initial Rating CRAB-SE 4 - - -

1560 Pan Mark Apparels (Pvt.) Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

1561 Pan Pacific Sweaters Ltd. Corporate Initial Rating A2 A2(Lr) ST-3 Stable

1562 Panasia Clothing Ltd. Corporate Surveillance - BBB1(Lr) ST-3 -

1563 Pandit Engineering Corporation SME Initial Rating CRAB-SE 3 - - -

1564 Panorama Apparels Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

1565 Panorama Washing Co. Ltd. Corporate Surveillance - BBB2(Lr) - -

1566 Papyrus fastQ (BD) Ltd. SME Surveillance CRAB-ME 3 - - -

1567 Paradigm Architects and Engineers SME Initial Rating CRAB-ME 3 - - -

1568 Paradise Medicial Complex SME Initial Rating CRAB-SE 3 - - -

1569 Paradise Sun Company Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable

1570 Paramount Trading SME Surveillance CRAB-SE 3 - - -

1571 Partex Cables Ltd. Corporate Surveillance - A3(Lr) ST-3 -

1572 Partex Furniture Industries Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable

1573 Partex Laminates Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable

1574 Partex PVC Industries Ltd. Corporate Surveillance - A1(Lr) ST-3 -

1575 Partex Tissue Ltd. Corporate Surveillance A3(Pr) - - -

1576 Paru Enterprise SME Initial Rating CRAB-SE 4 - - -

1577 Parvez Enterprise SME Initial Rating CRAB-SE 3 - - -

1578 Patricia Apparels Ltd. SME Initial Rating CRAB-SE 3 - - -

1579 Pearl Garments Company Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable

1580 Pearl Paper & Board Mills Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

1581 Pearls & Pouce Ltd. Corporate Surveillance - BBB1(Lr) ST-3 -

1582 PEB Steel Alliance Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable

1583 Phool Mohammad Traders Corporate Initial Rating - - ST-3 -

1584 Piticon Industries SME Surveillance CRAB-ME 3 - - -

1585 Plastic Concern (Pvt) Ltd. Corporate Surveillance - BBB2(Lr) ST-3 -

1586 Pole Star Fashion Design Ltd. Corporate Surveillance - BB2(Lr) ST-4 -

1587 Polli Feed Industries SME Surveillance CRAB-SE 4 - - -

1588 Poly Point Ltd. SME Surveillance CRAB-SE 4 - - -

1589 Poly Traders SME Surveillance CRAB-SE 3 - - -

1590 Popular Distribution Mart SME Initial Rating CRAB-SE 4 - - -

1591 Popular Trade Agency SME Initial Rating CRAB-SE 3 - - -

1592 Power & Project Controls Ltd. SME Initial Rating CRAB-SE 4 - - -

1593 Power Shovel International SME Surveillance CRAB-SE 4 - - -

1594 Power System Development Co. Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

1595 Pramanik and Sons SME Initial Rating CRAB-SE 3 - - -

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

39

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Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

1596 Prantik Enterprise SME Surveillance CRAB-SE 4 - - -

1597 Prantik Marine Service Ltd. Corporate Surveillance - BBB3(Lr) - -

1598 Pratik Apparels Ltd. Corporate Surveillance BB2 BB2(Lr) ST-3 Stable

1599 Precision Weighing Solution Co. SME Surveillance CRAB-SE 3 - - -

1600 Premier Accessories Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable

1601 Pretty Auto Bricks Ltd. Corporate Surveillance BBB2(Pr) - - -

1602 Pretty Composite Textiles Ltd. Corporate Initial Rating A3 A3(Lr) ST-3 Stable

1603 Pretty Sweaters Ltd. Corporate Initial Rating A1 A1(Lr) ST-3 Stable

1604 Pretty Washing Ltd. Corporate Surveillance BBB1(Pr) - - -

1605 Pretty Wool Ware Ltd. Corporate Initial Rating A2 A2(Lr) ST-3 Stable

1606 PRG Semi Auto Rice Mill & Its Sister Concern SME Surveillance CRAB-SE 3 - - -

1607 Prime AMR Exchange Corporate Surveillance - BBB3(Lr) - -

1608 Prime Communication Corporate Surveillance - BBB2(Lr) - -

1609 Prime Corporation Corporate Surveillance - A2(Lr) ST-3 -

1610 Prime Enterprise Corporate Surveillance - A3(Lr) - -

1611 Prime Enterprise (Al Arafah) SME Surveillance CRAB-SE 3 - - -

1612 Prime Sweater Ltd. Corporate Surveillance - BB2(Lr) ST-4 -

1613 Prime Timber SME Initial Rating CRAB-SE 3 - - -

1614 Priti Enterprise SME Surveillance CRAB-SE 3 - - -

1615 Prium Enterprise SME Initial Rating CRAB-SE 4 - - -

1616 Priyam Garments Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

1617 Probridhi Apparels Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -

1618 Progati Traders SME Surveillance CRAB-SE 4 - - -

1619 Progoti Filling Station SME Initial Rating CRAB-SE 3 - - -

1620 Progress Trade Overseas SME Initial Rating CRAB-SE 3 - - -

1621 Progressive Fishing Ltd. Corporate Surveillance - BB1(Lr) - -

1622 Prokher Sarker Oil Industries SME Initial Rating CRAB-SE 3 - - -

1623 Prome Agro Foods Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

1624 Prompt Packaging Ltd. SME Initial Rating CRAB-SE 4 - - -

1625 Pronayan SME Surveillance CRAB-SE 2 - - -

1626 Prophecy Furniture Ltd. SME Surveillance CRAB-SE 3 - - -

1627 Protiva Enterprise SME Initial Rating CRAB-SE 4 - - -

1628 Prottoy Feed SME Surveillance CRAB-SE 3 - - -

1629 Proud Textile SME Surveillance CRAB-ME 4 - - -

1630 Provita Chicks Ltd. Corporate Surveillance - BBB2(Lr) ST-3 -

1631 Pul Industries Ltd. SME Surveillance CRAB-ME 3 - - -

1632 Pulse Communication SME Initial Rating CRAB-ME 3 - - -

1633 Pulse Engineering Limited Ltd. SME Initial Rating CRAB-SE 4 - - -

1634 Punam Enterprise SME Initial Rating CRAB-SE 4 - - -

1635 Purbani Fabrics Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable

1636 Purbani Rotor Spinning Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable

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

40

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Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

1637 Purbani Synthetic Spinning Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable

1638 Purbani Yarn Dyeing Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable

1639 Q n Queue Accessories Ltd. Corporate Surveillance BB1 BB1(Lr) ST-4 Stable

1640 QNS Industries Ltd. Corporate Surveillance BB1 BB1(Lr) ST-4 Stable

1641 Quality Mineral Industries SME Surveillance CRAB-SE 3 - - -

1642 Quantam Builders & Engineering Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable

1643 Quantam LA Construction Corporate Surveillance - BBB3(Lr) ST-3 -

1644 Quartel Infotech Ltd. Corporate Surveillance BB2 BB2(Lr) ST-4 Stable

1645 Quasem Food Products Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable

1646 Quasem Industries Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable

1647 Quasem Zinc Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable

1648 Quest Accessories (BD) Ltd. Corporate Surveillance - A3(Lr) ST-3 -

1649 R Islam Accessories SME Initial Rating CRAB-SE 4 - - -

1650 R Islam Plastic Karkhana SME Initial Rating CRAB-SE 4 - - -

1651 R K International SME Surveillance CRAB-SE 3 - - -

1652 R M Fabitech Ltd. SME Surveillance CRAB-ME 2 - - -

1653 R M Interlinings Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable

1654 R M International SME Surveillance CRAB-ME 3 - - -

1655 R M Textile SME Surveillance CRAB-SE 3 - - -

1656 R P Enterprise SME Initial Rating CRAB-SE 3 - - -

1657 R S Enterprise SME Surveillance CRAB-SE 4 - - -

1658 R S Machineries Corporate Surveillance - BBB1(Lr) ST-3 -

1659 R S Non Woven Industries SME Initial Rating CRAB-ME 3 - - -

1660 R S Trade International SME Surveillance CRAB-SE 4 - - -

1661 Rabbani Autos SME Initial Rating CRAB-SE 3 - - -

1662 Rabeya Automatic Rice Mill Corporate Surveillance - - ST-3 -

1663 Rabeya Tiles & Sanitary SME Surveillance CRAB-SE 3 - - -

1664 RAB-RC (Pvt.) Ltd. SME Surveillance CRAB-ME 2 - - -

1665 Racy Fashion & Packaging Ind. Ltd. SME Initial Rating CRAB-SE 3 - - -

1666 Radial International Ltd. Corporate Surveillance - A2(Lr) ST-3 -

1667 Radiance Fashion Ltd. Corporate Surveillance - BBB1(Lr) ST-3 -

1668 Radiance Jeans Ltd. Corporate Surveillance - BBB2(Lr) ST-3 -

1669 Radiance Packaging & Accessories Ltd. Corporate Surveillance - BBB1(Lr) ST-3 -

1670 Radisson Casualwear Ltd. Corporate Initial Rating - BBB3(Lr) ST-3 -

1671 Radisson Garments Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable

1672 Rafi Medical Hall SME Surveillance CRAB-SE 3 - - -

1673 Rafim Enterprise SME Surveillance CRAB-SE 3 - - -

1674 Rafique & Brothers SME Surveillance CRAB-SE 3 - - -

1675 Rafique & Brothers SME Surveillance CRAB-SE 4 - - -

1676 Rafique Enterprise SME Initial Rating CRAB-SE 4 - - -

1677 Rafique Enterprise (TBL) SME Surveillance CRAB-SE 4 - - -

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

41

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Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

1678 Rahat Anwar Hospital Ltd. SME Initial Rating CRAB-SE 4 - - -

1679 Rahat Auto Rice Mill SME Surveillance CRAB-ME 4 - - -

1680 Rahi Trade SME Initial Rating CRAB-SE 3 - - -

1681 Rahim Energy Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

1682 Rahim Steel Mills Co. (Pvt) Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

1683 Rahman & Co. Corporate Initial Rating - - ST-4 -

1684 Rahman and Brothers SME Surveillance CRAB-SE 3 - - -

1685 Rahman Emporium SME Initial Rating CRAB-SE 4 - - -

1686 Rahman International SME Surveillance CRAB-ME 3 - - -

1687 Rahman Jute Mills (Pvt.) Ltd. Corporate Surveillance - BB1(Lr) ST-4 -

1688 Rahman Mill Store SME Initial Rating CRAB-SE 4 - - -

1689 Rahman Traders SME Initial Rating CRAB-ME 3 - - -

1690 Rahmania Rice Agency & Rahmania Traders SME Initial Rating CRAB-SE 3 - - -

1691 Rahmat Ali & Co. SME Initial Rating CRAB-SE 3 - - -

1692 Rahul Consumer Product SME Initial Rating CRAB-ME 3 - - -

1693 Rainbow Associates Corporate Surveillance - BB1(Lr) ST-4 -

1694 Rainbow Chemicals SME Surveillance CRAB-SE 4 - - -

1695 Rainbow Jute Mills Ltd. Corporate Surveillance - BB1(Lr) ST-4 -

1696 Raiyan Enterprise SME Initial Rating CRAB-SE 3 - - -

1697 Raj Lanka Power Co. Limited Corporate Surveillance AA3 AA3(Lr) ST-2 Stable

1698 Raj Lanka Power Company Ltd. (Preference Share) Corporate Surveillance AA2 AA2(SO) ST-2 Stable

1699 Raja Agencies SME Initial Rating CRAB-SE 4 - - -

1700 Rajanigandha Plastic Industries & Its Sister Concern SME Surveillance CRAB-SE 3 - - -

1701 Rajbari Hardware SME Initial Rating CRAB-SE 4 - - -

1702 Rajdhani Corporation SME Surveillance CRAB-SE 4 - - -

1703 Rakhee Shoes SME Initial Rating CRAB-SE 4 - - -

1704 Rakhi Three Piece SME Surveillance CRAB-SE 4 - - -

1705 Rakib & Brothers SME Initial Rating CRAB-SE 4 - - -

1706 Rakib Enterprise SME Surveillance CRAB-SE 4 - - -

1707 Rakib Traders SME Initial Rating CRAB-SE 4 - - -

1708 Ralex Industries Ltd. Corporate Initial Rating BBB3 - - Stable

1709 Ram Trading Corporation SME Initial Rating CRAB-SE 3 - - -

1710 Ramim Traders SME Surveillance CRAB-SE 3 - - -

1711 Rana Enterprise SME Initial Rating CRAB-SE 3 - - -

1712 Rana Garments Accessories Industries Corporate Initial Rating - BB1(Lr) ST-4

1713 Rana Matsho Khamar SME Initial Rating CRAB-SE 4 - - -

1714 Rana Metal Industries SME Surveillance CRAB-SE 3 - - -

1715 Rang Bitan SME Initial Rating CRAB-SE 4 - - -

1716 Rangs Motors Ltd. Corporate Surveillance - A2(Lr) ST-3 -

1717 Ranks Motors Workshops Ltd. Corporate Surveillance - A3(Lr) ST-3 -

1718 Ranks Real Estate Ltd. Corporate Surveillance - BBB3(Lr) - -

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

42

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Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

1719 Rapid Trim Solution SME Surveillance CRAB-SE 3 - - -

1720 Rasel Enterprise SME Surveillance CRAB-SE 4 - - -

1721 Rasel Jute Fibers SME Initial Rating CRAB-SE 3 - - -

1722 Rashed & Brothers SME Initial Rating CRAB-SE 4 - - -

1723 Rashed Enterprise SME Surveillance CRAB-SE 3 - - -

1724 Rashid & Brothers Rice Mill SME Surveillance CRAB-SE 3 - - -

1725 Rashid Agro Food Products Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

1726 Rashid Atop Automatic rice Mill Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

1727 Rashid Automatic Rice Mills Ltd. Corporate Surveillance A2 A2(Lr) ST-2 Stable

1728 Rashid Enterprise Corporate Surveillance - BBB2(Lr) - -

1729 Rashid Enterprise (EXIM Bank) Corporate Surveillance - - ST-3 -

1730 Rashid Oil Mills Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

1731 Rashid Paper Mills Ltd. Corporate Surveillance BBB3(Pr) - - -

1732 Ratul Automatic Rice Mills Limited Corporate Surveillance BBB3(Pr) - - -

1733 Ratna Machineries Store SME Initial Rating CRAB-SE 5 - - -

1734 Ratul Collection Corporate Surveillance - BBB3(Lr) ST-3 -

1735 Rayfung Trading International SME Initial Rating CRAB-SE 3 - - -

1736 Rayshine Electronics Ltd. SME Surveillance CRAB-SE 4 - - -

1737 Razia Automatic Rice Mill SME Initial Rating CRAB-SE 4 - - -

1738 Razon Traders SME Initial Rating CRAB-SE 4 - - -

1739 Razu Trading Agency SME Surveillance CRAB-SE 3 - - -

1740 Razzak & Co. SME Initial Rating CRAB-SE 4 - - -

1741 Razzak Brothers Corporate Surveillance - BBB2(Lr) ST-3 -

1742 Razzak Khadya Bhander SME Initial Rating CRAB-SE 4 - - -

1743 Red Chilli Restaurant SME Initial Rating CRAB-SE 3 - - -

1744 Reid & Fashion SME Surveillance CRAB-SE 3 - - -

1745 Rejaul Traders SME Initial Rating CRAB-SE 3 - - -

1746 Reliance Accessories Ind. Ltd. SME Initial Rating CRAB-SE 4 - - -

1747 Remi Farms ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable

1748 Remi Holdings ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

1749 Renata Agro Industries Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

1750 Rensco Rice Mill SME Surveillance CRAB-SE 4 - - -

1751 Resource Planning & Management Consultants (Pvt) LCorporate Surveillance A3 A3(Lr) ST-3 Stable

1752 Reverie Power & Automation Engineering Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -

1753 Reyan Enterprise and its sister concern  SME Initial Rating CRAB-SE 3 - - -

1754 Rez Trading SME Initial Rating CRAB-SE 4 - - -

1755 RGR Sweater Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

1756 Riaj Bastro Bitan SME Initial Rating CRAB-SE 4 - - -

1757 Ridoy Weaving Factory SME Initial Rating CRAB-SE 4 - - -

1758 Rimso Battery & Co. (Pvt.) Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -

1759 Ripon Door & Furniture Gallery SME Surveillance CRAB-SE 4 - - -

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

43

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Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

1760 Ripon Knitwear Ltd. Corporate Surveillance BB1 BB1(Lr) ST-3 Stable

1761 Ripon Packaging Ind. (Pvt.) Ltd. Corporate Surveillance BB1 BB1(Lr) ST-3 Stable

1762 Ripon Traders SME Surveillance CRAB-SE 3 - - -

1763 Rishan Enterprise SME Surveillance CRAB-SE 3 - - -

1764 Rita Variety Store SME Initial Rating CRAB-SE 4 - - -

1765 Rizvi Fruits Ltd. SME Surveillance CRAB-ME 3 - - -

1766 Robi Axiata Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable

1767 Robiul Boylar & Chaul Kall SME Initial Rating CRAB-SE 3 - - -

1768 Rocky Knitting Mills (Pvt.) Ltd. Corporate Surveillance - BB1(Lr) ST-4 -

1769 Rokeya & Sons & Its Sister Concern SME Surveillance CRAB-ME 3 - - -

1770 Rokeya International SME Surveillance CRAB-SE 3 - - -

1771 Roma Auto Rice Mill Ltd. Corporate Initial Rating - BB1(Lr) ST-4 -

1772 Roman Engineering Works SME Surveillance CRAB-SE 4 - - -

1773 Roman Enterprise SME Surveillance CRAB-SE 3 - - -

1774 Romon Azad Enterprise SME Surveillance CRAB-SE 4 - - -

1775 Rony Enterprise Corporate Surveillance - - ST-3 -

1776 Rose View Complex Pvt Ltd. Corporate Initial Rating - BBB3(Lr) - -

1777 Rowa Fashions Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

1778 Rowshan Elevators Ltd. SME Initial Rating CRAB-ME 3 - - -

1779 Rowza Pure Foods Ltd. SME Surveillance CRAB-SE 3 - - -

1780 RP Animal Health Co. Corporate Surveillance - BBB3(Lr) ST-3 -

1781 RR Imperial Electricals Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

1782 RS & Brothers SME Surveillance CRAB-SE 4 - - -

1783 RS & T International Corporate Surveillance - BBB1(Lr) ST-3 -

1784 Rubel Dyeing Screen Printing Works (Pvt) Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

1785 Rubel Steel Mills Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

1786 Ruby Food Products Ltd. Corporate Surveillance - BBB2(Lr) ST-3 -

1787 Ruhul Amin & Brothers SME Initial Rating CRAB-ME 3 - - -

1788 Ruhul Chaul Kall SME Initial Rating CRAB-SE 4 - - -

1789 Ruhul Enterprise SME Initial Rating CRAB-SE 4 - - -

1790 Rumon dugdha Khamar SME Surveillance CRAB-SE 3 - - -

1791 Rumpa Traders SME Initial Rating CRAB-SE 4 - - -

1792 Runner Automobiles Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

1793 Runner Motors Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Positive

1794 Rupali Agencies Corporate Surveillance - BBB3(Lr) ST-3 -

1795 Rupali Auto Chira Mori Mill SME Surveillance CRAB-SE 3 - - -

1796 Rupali Fish Prokolpo SME Initial Rating CRAB-SE 4 - - -

1797 Rupali Rice & Flour Mill SME Initial Rating CRAB-SE 4 - - -

1798 Rupali Rice Mill SME Initial Rating CTAB-SE 4 - - -

1799 Rupkatha Housing Ltd. SME Surveillance CRAB-SE 3 - - -

1800 Rupsha Automatic Rice Mill SME Initial Rating CRAB-SE 3 - - -

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

44

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Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

1801 Ruslan Corporation Corporate Surveillance - BB1(Lr) ST-4 -

1802 Rustom Sawdagar SME Surveillance CRAB-ME 3 - - -

1803 S & S Ship Management SME Surveillance CRAB-ME 3 - - -

1804 S A Ship Breakers Corporate Surveillance - - ST-3 -

1805 S Ahmed Trading Corporation Corporate Surveillance - BBB1(Lr) ST-3 -

1806 S B M Motsho Khamar SME Initial Rating CRAB-SE 4 - - -

1807 S Commercial Enterprise SME Initial Rating CRAB-SE 3 - - -

1808 S F Enterprise SME Surveillance CRAB-SE 4 - - -

1809 S Islam Home & Fashion Ltd. (Entity) SME Initial Rating CRAB-SE 3 - - -

1810 S Islam Home & Fashion Ltd. (Project) Corporate Initial Rating BBB3(Pr) - - -

1811 S K Enterprise SME Surveillance CRAB-SE 4 - - -

1812 S K International SME Initial Rating CRAB-SE 3 - - -

1813 S K Steel & Re Rolling Mills Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -

1814 S K Textile SME Surveillance CRAB-SE 3 - - -

1815 S K Traders SME Surveillance CRAB-SE 3 - - -

1816 S M Enterprise SME Initial Rating CRAB-SE 3 - - -

1817 S M Enterprise (Barishal) SME Initial Rating CRAB-SE 4 - - -

1818 S M Rice Mill SME Initial Rating CRAB-SE 4 - - -

1819 S M Trading Co. Corporate Surveillance - BB2(Lr) ST-4 -

1820 S N Corporation Corporate Surveillance - - ST-3 -

1821 S O Trade SME Initial Rating CRAB-SE 4 - - -

1822 S R Enterprise SME Surveillance CRAB-SE 4 - - -

1823 S R Motors SME Initial Rating CRAB-SE 4 - - -

1824 S S Bricks SME Initial Rating CRAB-ME 4 - - -

1825 S S Doors & Furniture SME Surveillance CRAB-SE 3 - - -

1826 S S Karim & Brothers SME Initial Rating CRAB-ME 3 - - -

1827 S S Trading SME Surveillance CRAB-SE 3 - - -

1828 S T Trading SME Surveillance CRAB-SE 3 - - -

1829 S. Suhi Industrial Park Ltd. Corporate Initial Rating A2 A2(Lr) ST-3 Stable

1830 Sabbir Cottage SME Surveillance CRAB-SE 4 - - -

1831 Sabina Textile SME Surveillance CRAB-SE 4 - - -

1832 Sabjiana Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

1833 Sabuj Agro Industries SME Initial Rating CRAB-SE 4 - - -

1834 Sachi Auni CNG Fuel & Conversion Ltd. SME Surveillance CRAB-SE 3 - - -

1835 Sadakalo Pvt. Limited SME Initial Rating CRAB-ME 3 - - -

1836 Sadia Cloth Store SME Initial Rating CRAB-SE 4 - - -

1837 Sadma Fashion wear Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable

1838 Safa Traders SME Surveillance CRAB-SE 4 - - -

1839 Safatulla Filling Station SME Initial Rating CRAB-SE 3 - - -

1840 Safique & Brothers SME Initial Rating CRAB-SE 5 - - -

1841 Sagarika Ship Breaking Industry Corporate Initial Rating - - ST-4 -

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

45

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Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

1842 Sagor Engineering Works SME Surveillance CRAB-SE 4 - - -

1843 Sagor Enterprise SME Surveillance CRAB-SE 4 - - -

1844 Saha Brothers SME Surveillance CRAB-SE 3 - - -

1845 Sahara Pariwar Departmental Store SME Initial Rating CRAB-SE 3 - - -

1846 Sahazatri Enterprise SME Initial Rating CRAB-SE 4 - - -

1847 Saif Powertec Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

1848 Saiful & Co. SME Surveillance CRAB-SE 3 - - -

1849 Saiham Cotton Mills Ltd. Corporate Surveillance A2 A2(Lr), AA3(Lr) ST-3 Stable

1850 Saiham Knit Composite Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

1851 Saimum Prokashoni SME Surveillance CRAB-SE 3 - - -

1852 SAJ Engineering & Trading Company SME Initial Rating CRAB-SE 3 - - -

1853 Sajal Enterprise SME Surveillance CRAB-SE 4 - - -

1854 Sajib Enterprise (IBBL) SME Surveillance CRAB-SE 4 - - -

1855 Sajid Knit Industries Ltd. Corporate Surveillance - BB1(Lr) ST-4 -

1856 Sakina Poultry Feed Center & Sister Concern SME Surveillance CRAB-ME 3 - - -

1857 Sakura Paribahan Pvt. Ltd. Corporate Surveillance - B1(Lr), BB1(Lr) ST-4 -

1858 Sakura Trading Company SME Initial Rating CRAB-SE 4 - - -

1859 Salahuddin & Co. SME Surveillance CRAB-SE 3 - - -

1860 Salauddin Store Corporate Initial Rating - BBB3(Lr) - -

1861 Saleh Steel Industries Ltd. Corporate Surveillance - BBB1(Lr) ST-3 -

1862 Salehi Cottage Industries SME Initial Rating CRAB-ME 4 - - -

1863 Sales Promotion Service Corporate Surveillance - - ST-2, ST-3 -

1864 Salim Plastic Industries SME Surveillance CRAB-SE 4 - - -

1865 Salim Uddin Ahmed SME Surveillance CRAB-SE 4 - - -

1866 Salma Enterprise SME Surveillance CRAB-SE 4 - - -

1867 SAM Pack Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable

1868 Sam Ree Dyeing (BD) Ltd. Corporate Surveillance - BB1(Lr) ST-3 -

1869 SAM Steel Corporate Surveillance - BBB3(Lr) ST-3 -

1870 Samad Hardware Store SME Surveillance CRAB-SE 4 - - -

1871 Samad Trading Corporation & Its Sister Cosern SME Surveillance CRAB-SE 3 - - -

1872 Sameer Enterprise Corporate Surveillance - - ST-4 -

1873 Samim Traders SME Initial Rating CRAB-SE 3 - - -

1874 Samrat Industries Corporate Surveillance - BBB2(Lr) ST-3 -

1875 Samrat Traders SME Surveillance CRAB-SE 3 - - -

1876 SAN Apparels Ltd. Corporate Surveillance BB2 BB2(Lr) ST-4 Stable

1877 Sana Cloth Store SME Initial Rating CRAB-SE 4 - - -

1878 Sanguine Apparels Ltd. Corporate Initial Rating BB1 BB1(Lr) ST-4 Stable

1879 Sanitary Vision SME Initial Rating CRAB-SE 4 - - -

1880 Sanitary World SME Initial Rating CRAB-SE 3 - - -

1881 Sanjit Kumar Datta SME Initial Rating CRAB-SE 4 - - -

1882 Santosh Kumar Ghosh SME Initial Rating CRAB-SE 4 - - -

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

46

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Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

1883 Sanuara Oil Mill SME Surveillance CRAB-SE 3 - - -

1884 Sanzi Textile Mills Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

1885 Sarder Traders SME Initial Rating CRAB-SE 4 - - -

1886 Sarker Agro Firm Corporate Surveillance - BB1(Lr) ST-4 -

1887 Sarker Motors SME Initial Rating CRAB-SE 4 - - -

1888 Sarker Printing & Publishing Corporate Surveillance - BBB1(Lr) ST-3 -

1889 Sarker Rice Agency SME Initial Rating CRAB-SE 4 - - -

1890 Sarker Traders (Dinajpur) SME Initial Rating CRAB-SE 4 - - -

1891 Sarker Traders (Panchbibi) SME Initial Rating CRAB-SE 4 - - -

1892 Sat Rong Electronics SME Initial Rating CRAB-SE 4 - - -

1893 Satarupa Avijat Bastra Biponi SME Initial Rating CRAB-SE 3 - - -

1894 Satata Clinic & Diagnostic Centre SME Initial Rating CRAB-SE 4 - - -

1895 Satata Enterprise SME Surveillance CRAB-SE 3 - - -

1896 Satata Filling Station SME Initial Rating CRAB-SE 3 - - -

1897 Satata Motors SME Initial Rating CRAB-SE 4 - - -

1898 Satata Poultry Firm SME Initial Rating CRAB-SE 4 - - -

1899 Satata RCC Pipe SME Initial Rating CRAB-SE 3 - - -

1900 Satota Fish SME Initial Rating CRAB-SE 4 - - -

1901 Satter & Brothers Corporate Surveillance - - ST-3 -

1902 Satto and Sons SME Initial Rating CRAB-SE 4 - - -

1903 Saturn Textiles Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

1904 Saudi Bangla Agrovet SME Initial Rating CRAB-SE 4 - - -

1905 Saudia Sanitary SME Surveillance CRAB-SE 3 - - -

1906 Save International SME Initial Rating CRAB-SE 5 - - -

1907 Sayed Traders SME Surveillance CRAB-SE 4 - - -

1908 Sayed Traders SME Surveillance CRAB-ME 4 - - -

1909 Sayeed Enterprise and Its Sister Concern SME Surveillance CRAB-SE 5 - - -

1910 Sayera Enterprise SME Surveillance CRAB-ME 3 - - -

1911 Sayra Trading Corporation SME Surveillance CRAB-SE 4 - - -

1912 SAZ Builders Ltd. Corporate Surveillance - BBB3(Lr) - -

1913 Sazzad Enterprise SME Initial Rating CRAB-SE 3 - - -

1914 Sazzad Steel Mills Corporate Surveillance - BBB3(Lr) ST-3 -

1915 SBS Corporation SME Initial Rating CRAB-SE 3 - - -

1916 SBS Motor Workshop SME Surveillance CRAB-SE 4 - - -

1917 Scandex Textile Industries Ltd. Corporate Initial Rating BBB2 BBB2(Lr) ST-3 Stable

1918 SD Packaging & Accessories Ltd. SME Surveillance CRAB-SE 4 - - -

1919 Sea Blue Textile Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable

1920 Sea Tex Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable

1921 Seam Fashion SME Initial Rating CRAB-SE 4 - - -

1922 Secura Bangladesh Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

1923 Seiko Steel Ltd. Corporate Initial Rating BBB2 BBB2(Lr) ST-3 Stable

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

47

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Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

1924 Self Innovative Fashion Ltd. Corporate Surveillance - - ST-4 -

1925 SENS SME Surveillance CRAB-SE 4 - - -

1926 Server Station SME Surveillance CRAB-ME 3 - - -

1927 Service Bangladesh SME Initial Rating CRAB-SE 4 - - -

1928 Setara Fish Farm Ltd. Corporate Surveillance - BBB3(Lr) ST-4 -

1929 Seven Colors SME Surveillance CRAB-SE 4 - - -

1930 SF Sweaters Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

1931 Shad Traders SME Initial Rating CRAB-SE 4 - - -

1932 Shafi Enterprise SME Surveillance CRAB-SE 4 - - -

1933 Shafi Food Products SME Initial Rating CRAB-SE 4 - - -

1934 Shafikul Traders SME Initial Rating CRAB-SE 4 - - -

1935 Shafiq Brothers Corporate Surveillance - - ST-3 -

1936 Shafique Shopping Center SME Initial Rating CRAB-SE 3 - - -

1937 Shah Amanat Cutting Center Corporate Surveillance - BBB1(Lr) ST-3 -

1938 Shah Amanat Traders SME Initial Rating CRAB-SE 3 - - -

1939 Shah Amanat Traders (MTBL) Corporate Surveillance - BB3(Lr) ST-4 -

1940 Shah Fatehullah Textile Mills Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

1941 Shah jalal Trades SME Surveillance CRAB-SE 4 - - -

1942 Shah Majidia SME Initial Rating CRAB-ME 4 - - -

1943 Shah Rice Mill SME Surveillance CRAB-SE 4 - - -

1944 Shah Sultan Textile Ltd. SME Surveillance CRAB-SE 3 - - -

1945 Shah Traders SME Initial Rating CRAB-SE 3 - - -

1946 Shahab Uddin & Brothers SME Surveillance CRAB-SE 4 - - -

1947 Shahadat Hossain SME Surveillance CRAB-SE 4 - - -

1948 Shahadat Hossain (MTBL) SME Surveillance CRAB-ME 3 - - -

1949 Shaheen General Store SME Surveillance CRAB-SE 3 - - -

1950 Shahi Mills & Rice Agency SME Initial Rating CRAB-SE 4 - - -

1951 Shahid Packaging SME Surveillance CRAB-SE 4 - - -

1952 Shahidul Islam SME Initial Rating CRAB-SE 4 - - -

1953 Shahik Syndicate SME Initial Rating CRAB-SE 3 - - -

1954 Shahin Clinic & Diagnostic Center SME Initial Rating CRAB-SE 3 - - -

1955 Shahjalal Store SME Initial Rating CRAB-SE 3 - - -

1956 Shahjibazar Power Company Ltd. Corporate Surveillance AA1 AA1(Lr) ST-2 Stable

1957 Shahporan Auto Rice Mill SME Initial Rating CRAB-SE 4 - - -

1958 Shaikat Knitwear Corporate Surveillance - BBB2(Lr) ST-2, ST-3 -

1959 Shaikat Trading SME Surveillance CRAB-SE 3 - - -

1960 Shakal Shandha Poultry Feed & Sister Concern SME Surveillance CRAB-SE 5 - - -

1961 Shakil & Hira Enterprise SME Surveillance CRAB-SE 4 - - -

1962 Shakil Enterprise & Auto Saw Mill SME Surveillance CRAB-ME 3 - - -

1963 Shamim & Brothers SME Initial Rating CRAB-SE 4 - - -

1964 Shamim Enterprise SME Surveillance CRAB-SE 4 - - -

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

48

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Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

1965 Shamoli Enterprise SME Initial Rating CRAB-SE 4 - - -

1966 Shampa Flour Mills Ltd. Corporate Surveillance AA1 AA1(Lr) ST-1 Stable

1967 Shampa Shoes SME Surveillance CRAB-SE 4 - - -

1968 Shams Styling Wear Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

1969 Shamsul Haque Pharmacy SME Surveillance CRAB-SE 3 - - -

1970 Shangu Tex Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable

1971 Shanta Moni Traders SME Surveillance CRAB-SE 4 - - -

1972 Shanto Enterprise SME Surveillance CRAB-ME 4 - - -

1973 Shanur Traders SME Surveillance CRAB-SE 4 - - -

1974 Shaodagor SME Initial Rating CRAB-SE 4 - - -

1975 Shaon Enterprise & sister Concern SME Initial Rating CRAB-SE 4 - - -

1976 Shapla Rice Mill SME Surveillance CRAB-SE 3 - - -

1977 Sharif Clod Storage Ltd. Corporate Surveillance - A2(Lr) ST-3 -

1978 Sharif Husking Mill SME Surveillance CRAB-SE 4 - - -

1979 Sharif Washing Plant SME Initial Rating CRAB-ME 4 - - -

1980 Sharmin Bostraloy & Sister Concern SME Initial Rating CRAB-SE 4 - - -

1981 Sharoda Dal & Food Industries Corporate Surveillance - BBB3(Lr) ST-3 -

1982 Sharoda Flour Mills Corporate Surveillance - BBB3(Lr) ST-3 -

1983 Sharoda Traders Corporate Surveillance - BBB3(Lr) ST-3 -

1984 Sharp Kargo Kare Ltd. SME Surveillance CRAB-SE 4 - - -

1985 Sharufa Steel Agency SME Surveillance CRAB-SE 4 - - -

1986 Shasha Denims Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable

1987 Shasha Garments Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

1988 Shatu Pipes Ltd. SME Surveillance CRAB-SE 3 - - -

1989 Shatu Steels Ltd. Corporate Surveillance - - ST-3

1990 Shawan PVC pipe Industries SME Initial Rating CRAB-SE 4 - - -

1991 Shawkath Traders and Store SME Initial Rating CRAB-SE 4 - - -

1992 Shazib Enterprise SME Initial Rating CRAB-SE 4 - - -

1993 Sheltech (PVT) Limited Corporate Surveillance A2 A2(Lr) ST-3 Stable

1994 Sheltech Engineering Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

1995 Shetue Fish Food SME Surveillance CRAB-SE 4 - - -

1996 Shilpi Mobile Media SME Initial Rating CRAB-SE 4 - - -

1997 Shimu Cement House and Hardware SME Initial Rating CRAB-ME 4 - - -

1998 Shimul Enterprise Corporate Initial Rating - - ST-3 -

1999 Shine Pukur Corporation SME Surveillance CRAB-SE 3 - - -

2000 Shipon Light House & Electronics SME Initial Rating CRAB-SE 3 - - -

2001 Shirat Chemicals Ltd. Corporate Initial Rating BBB2 BBB2(Lr) ST-3 Stable

2002 Shirt Maker Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable

2003 Shoaib Enterprise SME Surveillance CRAB-SE 4 - - -

2004 Shoam Enterprise SME Surveillance CRAB-SE 4 - - -

2005 Shoeb Corporation Ltd. Corporate Surveillance - BBB2(Lr) ST-3 -

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

49

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Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

2006 Shoghanda SME Surveillance CRAB-SE 3 - - -

2007 Shohagh Motors Corporate Initial Rating - BBB3(Lr) ST-3 -

2008 Shohagpur Textile Mills Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable

2009 Shova Enterprise SME Surveillance CRAB-SE 4 - - -

2010 Shovo Bazaz SME Initial Rating CRAB-ME 3 - - -

2011 Shovo Textile Mills SME Surveillance CRAB-SE 4 - - -

2012 Shovona Dey SME Initial Rating CRAB-SE 3 - - -

2013 Shreya Sinha Enterprise SME Initial Rating CRAB-SE 4 - - -

2014 Shuvo Enterprise SME Initial Rating CRAB-SE 4 - - -

2015 Shuvro Enterprise SME Initial Rating CRAB-SE 4 - - -

2016 Shyamnagar Filling Station & It's sister Concern SME Surveillance CRAB-SE 3 - - -

2017 Siam Fruit Agency SME Initial Rating CRAB-SE 3 - - -

2018 Siam Saad Construction SME Initial Rating CRAB-SE 4 - - -

2019 Siba Textile Processing Ltd. SME Initial Rating CRAB-SE 4

2020 Siddeswari Clod Storage Ltd. Corporate Surveillance - A2(Lr) ST-3 -

2021 Siddikia Traders SME Initial Rating CRAB-ME 3 - - -

2022 Siddique Ahmed Filling Station SME Surveillance CRAB-SE 3 - - -

2023 Signcom Digital Ltd. SME Surveillance CRAB-SE 4 - - Stable

2024 Sikder Enterprise SME Initial Rating CRAB-SE 4 - - -

2025 Sikder Traders SME Surveillance CRAB-SE 4 - - -

2026 Silkways Card & Printing Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

2027 Silua Traders SME Initial Rating CRAB-SE 4 - - -

2028 Silver Cresent Hospital Ltd. SME Surveillance CRAB-SE 4 - - -

2029 Silver Fabrics Ltd. SME Initial Rating CRAB-SE 4 - - -

2030 Silvers Developers Ltd. Corporate Initial Rating BBB3 - - Stable

2031 Sindabad.com Ltd. Corporate Initial Rating BBB3 - ST-3 Stable

2032 Sing Power Ltd. Corporate Initial Rating BBB3 - - Stable

2033 Siraj Apparels (PVT) Ltd. SME Initial Rating CRAB-SE 4 - - -

2034 Siraj Mozumder SME Initial Rating CRAB-SE 4 - - -

2035 Sirina Garments & Textiles Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -

2036 Sitalpur Auto Steel Mills Ltd. Corporate Initial Rating BBB1 BBB1(Lr) ST-3 Stable

2037 Sitalpur Steel Mills Ltd. Corporate Initial Rating BBB1 BBB1(Lr) ST-3 Stable

2038 Siyam Bahumukhi Khamar SME Surveillance CRAB-ME 4 - - -

2039 SK Enterprise SME Surveillance CRAB-SE 4 - - -

2040 Sk Maa Knitwear SME Initial Rating CRAB-SE 4 - - -

2041 SK Sadi Motso Prokolpo SME Initial Rating CRAB-SE 4 - - -

2042 Skyline Apparels Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

2043 Skyline Garments Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

2044 SMC Corporation SME Initial Rating CRAB-SE 4 - - -

2045 Smrity Bread & Biscuit Factory SME Initial Rating CRAB-SE 4 - - -

2046 Snigdha Enterprise SME Surveillance CRAB-SE 4 - - -

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

50

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Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

2047 Sobhan Ice & Clod Storage Ltd. Corporate Surveillance - A2(Lr) ST-3 -

2048 Sobuj Corner SME Surveillance CRAB-SE 4 - - -

2049 Sobuj Flour Mill SME Surveillance CRAB-ME 3 - - -

2050 Society Aviation SME Surveillance CRAB-SE 4 - - -

2051 Soft Touch Bio Medics SME Surveillance CRAB-SE 4 - - -

2052 Sohel Trading SME Initial Rating CRAB-SE 4 - - -

2053 Sohel Trading Corporation Ltd. Corporate Surveillance - A3(Lr) - -

2054 Solar Eye Ltd. SME Surveillance CRAB-SE 4 - - -

2055 Solid Feeds Ltd. Corporate Surveillance - BBB2(Lr) ST-3 -

2056 Solid Flour Mills Ltd. SME Surveillance CRAB-SE 3 - - -

2057 Sonali Agro Trading SME Initial Rating CRAB-SE 5 - - -

2058 Sonali Bricks SME Surveillance CRAB-SE 4 - - -

2059 Sonali Dredgers Ltd. Corporate Surveillance - BBB2(Lr) - -

2060 Sonali Ofset Printers SME Initial Rating CRAB-SE 3 - - -

2061 Sonali Paper & Board Mills Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

2062 Sonali Paribahan Sangstha SME Initial Rating CRAB-SE 3 - - -

2063 Sonapahar Filling Station SME Surveillance CRAB-ME 3 - - -

2064 Sonargaon Dairy Food and Agro Complex SME Initial Rating CRAB-SE 3 - - -

2065 Sonargaon Steel Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

2066 Sonargaon Trade International SME Surveillance CRAB-SE 4 - - -

2067 Sonda Cottage Industries SME Surveillance CRAB-SE 4 - - -

2068 Sonia Metal Industries SME Surveillance CRAB-SE 4 - - -

2069 Sonica Agri Foods Corporate Surveillance - BBB2(Lr) ST-3 -

2070 Sony Bricks & Co SME Surveillance CRAB-ME 3 - - -

2071 Sopura Silk Mills Ltd. Corporate Surveillance - BBB2(Lr) ST-3 -

2072 Soudia Polymer Industries SME Initial Rating CRAB-SE 4 - - -

2073 South Eastern Tank Terminal Ltd. Corporate Surveillance - BBB3(Lr) - -

2074 Southern Clothings Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -

2075 Southern Services Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -

2076 SP Fabrics SME Surveillance CRAB-SE 3 - - -

2077 SP Fashions Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

2078 Spectra Dye-Chem (Pvt.) Ltd. SME Surveillance CRAB-SE 4 - - -

2079 Speed Care Distribution Ltd. Corporate Surveillance BB1 BB1(Lr) ST-4 Stable

2080 Speedway Logistics SME Surveillance CRAB-SE 3 - - -

2081 Sports Bazar SME Surveillance CRAB-SE 3 - - -

2082 Srabon Fabrics SME Initial Rating CRAB-SE 3 - - -

2083 SRP Sweaters Corporate Surveillance - - ST-3 -

2084 Standard Collection Manufacturing Co. Corporate Surveillance - BBB3(Lr) ST-3 -

2085 Standard Engineers Ltd. Corporate Initial Rating - BBB3(Lr) ST-3 -

2086 Standard Finis Oil Co. Corporate Surveillance - BBB2(Lr) ST-3 -

2087 Standard Group Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable

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

51

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Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

2088 Standard Stitches Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable

2089 Standard Trade Centre SME Initial Rating CRAB-SE 3 - - -

2090 Star Adhesive Ltd. Corporate Surveillance - A2(Lr) ST-3 -

2091 Star Foam Industries Ltd. SME Surveillance CRAB-SE 3 - - -

2092 Star Padding Industries Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

2093 Star Partical Board Mills Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable

2094 Steel & Cement Corporation Corporate Surveillance - - ST-3 -

2095 Steel Core SME Surveillance CRAB-SE 4 - - -

2096 Steel Home SME Initial Rating CRAB-SE 3 - - -

2097 Sterling Designs Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

2098 STS Holdings Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable

2099 Stylecraft Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

2100 Subir Traders SME Surveillance CRAB-SE 4 - - -

2101 Sufi Apparels Ltd. Corporate Initial Rating - BB1(Lr) ST-4 Stable

2102 Sufia Fabrics Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

2103 Sufia Food Industry Ltd. Corporate Surveillance BBB3(Pr) - - -

2104 Sufia Traders SME Surveillance CRAB-SE 4 - - -

2105 Sugandha Bakery SME Surveillance CRAB-ME 3 - - -

2106 Sultan Motors Tailring SME Surveillance CRAB-SE 3 - - -

2107 Sultana International SME Surveillance CRAB-SE 4 - - -

2108 Sultana Traders SME Initial Rating CRAB-SE 4 - - -

2109 Suma International Services SME Initial Rating CRAB-ME 3 - - -

2110 Sumaiya paper cone factory SME Initial Rating CRAB-SE 3 - - -

2111 Summit Alliance Port Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable

2112 Sumon & Brothers SME Surveillance CRAB-SE 4 - - -

2113 Sumon Steel & Wooden Furniture SME Surveillance CRAB-SE 4 - - -

2114 Sumon Traders SME Surveillance CRAB-SE 3 - - -

2115 Sunbeam Construction SME Surveillance CRAB-ME 3 - - -

2116 Sunbeams School Ltd. SME Initial Rating CRAB-ME 3 - - -

2117 Sundarban Industrial Complex Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

2118 Sunflower Mastered Oil Mill SME Initial Rating CRAB-SE 4 - - -

2119 Sunipun Accessories SME Surveillance CRAB-SE 3 - - -

2120 Sunlite Trading and Services Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable

2121 Sunmoon Printing & Packaging Industries SME Initial Rating CRAB-ME 3 - - -

2122 Sunshine Traders SME Initial Rating CRAB-SE 4 - - -

2123 Super Medical Hospital (Pvt.) Ltd. SME Surveillance CRAB-ME 3 - - -

2124 Super Power Pharmaceuticals Ltd. SME Initial Rating CRAB-SE 4 - - -

2125 Super Sign Industries Electrical Ltd. Corporate Initial Rating A2 A2(Lr) ST-3 Stable

2126 Supreme Filling Station SME Initial Rating CRAB-SE 3 - - -

2127 Surjo Enterprise SME Initial Rating CRAB-SE 4 - - -

2128 Surovi Partical Gallery SME Surveillance CRAB-SE 3 - - -

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

52

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Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

2129 Suvastu Development Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

2130 Swantex Ltd. Corporate Initial Rating - BB1(Lr) ST-3 -

2131 Swapan Enterprise SME Surveillance CRAB-ME 3 - - -

2132 Syed Imrul Sirajee SME Initial Rating CRAB-SE 4 - - -

2133 Systems Solutions & Development Technologies Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable

2134 T A Traders SME Initial Rating CRAB-SE 3 - - -

2135 Taha Enterprise SME Surveillance CRAB-SE 3 - - -

2136 Tahmeena Enterprise SME Initial Rating CRAB-ME 3 - - -

2137 Tahmina Nirman Sangstha SME Surveillance CRAB-SE 4 - - -

2138 Tahsin Agro SME Surveillance CRAB-SE 4 - - -

2139 Tahsin Enterprise SME Surveillance CRAB-SE 4 - - -

2140 Taimur Plastic Non Oven Fabrics SME Surveillance CRAB-SE 3 - - -

2141 Taj Concern SME Initial Rating CRAB-SE 3 - - -

2142 Taj International Ltd. SME Surveillance CRAB-SE 4 - - -

2143 Tajkia Enterprise SME Initial Rating CRAB-SE 3 - - -

2144 Tajmahal Traders SME Surveillance CRAB-SE 3 - - -

2145 Tajmuk Packaging and Accessories Ltd. Corporate Initial Rating BBB3(Pr) - - -

2146 Tajriyan Food & Beverages (Pvt.) Ltd. SME Initial Rating CRAB-SE 3 - - -

2147 Takdir Dal Mill SME Initial Rating CRAB-SE 3 - - -

2148 Takeout Ltd. (foodpanda counter parties) Corporate Initial Rating BBB3(Pvt.) - - Stable

2149 Talha Tex Pro Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

2150 Tallsman Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

2151 Talukder Enterprise SME Initial Rating CRAB-SE 4 - - -

2152 Talukder Telecom SME Surveillance CRAB-SE 3 - - -

2153 Talukder Traders SME Initial Rating CRAB-SE 4 - - -

2154 Tangail Flour & Dall Mill SME Surveillance CRAB-SE 3 - - -

2155 Tanima Knit Composite Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

2156 Tanisha Enterprise SME Initial Rating CRAB-SE 4 - - -

2157 Tannima Enterprise SME Initial Rating CRAB-SE 4 - - -

2158 Taqwa Autithi Tour & Travels SME Surveillance CRAB-SE 4 - - -

2159 Tarasima Apparels Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable

2160 Taratex (BD) Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -

2161 Tasfa Marine & Hardware SME Initial Rating CRAB-SE 4 - - -

2162 Tasfia Yarn Trading SME Surveillance CRAB-SE 3 - - -

2163 Tasiron Automatic Rice Mill SME Surveillance CRAB-SE 4 - - -

2164 Taslim Enterprise SME Surveillance CRAB-SE 4 - - -

2165 Taslim Enterprise (IDLC_Ctg) SME Surveillance CRAB-SE 3 - - -

2166 Tasnim Traders SME Initial Rating CRAB-ME 4 - - -

2167 Tawakkal Enterprise (Pvt.) Ltd. SME Surveillance CRAB-SE 3 - - -

2168 Tayeba Weaving Factory SME Surveillance CRAB-ME 4 - - -

2169 Tazrian Weaving Mills Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

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

53

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Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

2170 Techno HVAC System Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable

2171 Texmart Trading Co. Ltd. Corporate Surveillance - BBB2(Lr) - -

2172 Textile Horizon Corporate Surveillance - BBB2(Lr) ST-3 -

2173 Thai-Foils & Polymer Industries Ltd. Corporate Surveillance - BBB2(Lr) ST-4 -

2174 Thakral Information System Pvt. Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

2175 The Bismillah Marine Services Corporate Surveillance - - - -

2176 The Civil Engineers Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

2177 The New Lion Re-rolling Mills Ltd. Corporate Initial Rating - BBB3(Lr) ST-3 -

2178 The Peninsula Chittagong Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable

2179 The Pipeline Engineers & Associates Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable

2180 The Rose Dresses Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

2181 Three Star Traders SME Surveillance CRAB-SE 3 - - -

2182 Tiger IT Bangladesh Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

2183 Tiles View SME Surveillance CRAB-SE 3 - - -

2184 Tilka Fashion SME Surveillance CRAB-SE 4 - - -

2185 Tilottoma Lifestyle Ltd. SME Surveillance CRAB-SE 3 - - -

2186 Tilottoma Trade Center SME Surveillance CRAB-SE 3 - - -

2187 Tip Top Fashions Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

2188 Tipti Bakery & Biscuit Factory SME Initial Rating CRAB-SE 4 - - -

2189 Tithi Textile Mills (Pvt) Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

2190 TNTS Enterprise Corporate Surveillance - BB2(Lr) - -

2191 Toggi Services Ltd. Corporate Initial Rating BBB1 BBB1(Lr) ST-3 Stable

2192 Tokai Power Products Limited Corporate Surveillance BB1 BB1(Lr) ST-4 Stable

2193 Tokyo Food SME Surveillance CRAB-ME 3 - - -

2194 Toma Concrete Ltd. Corporate Surveillance - BBB2(Lr) ST-3 -

2195 Toma Construction & Co. Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

2196 Tonmoy Traders Corporate Surveillance - BBB3(Lr) ST-3 -

2197 Top Jeans Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

2198 Top Star Fashions Ltd. Corporate Surveillance - BB1(Lr) ST-4 -

2199 Toss Corporation Ltd. SME Initial Rating CRAB-SE 4 - - -

2200 Tower Inn International Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable

2201 Toyabur Rahman SME Initial Rating CRAB-SE 3 - - -

2202 Trade International SME Surveillance CRAB-ME 3 - - -

2203 Trade International Industries Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -

2204 Trade Logy Ltd. SME Initial Rating CRAB-SE 3 - - -

2205 Trade Port SME Surveillance CRAB-SE 4 - - -

2206 Trade Power International SME Initial Rating CRAB-SE 4 - - -

2207 Traders Syndicate SME Surveillance CRAB-SE 3 - - -

2208 Transworld Sweaters Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

2209 Triple Apparels Ltd. Corporate Surveillance A3(Pr) - - -

2210 Trisha Flour Mill SME Surveillance CRAB-ME 3 - - -

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

54

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Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

2211 Trisna Enterprise SME Surveillance CRAB-SE 3 - - -

2212 Tuha Enterprise SME Surveillance CRAB-SE 3 - - -

2213 Tulip Enterprise Corporate Surveillance - - ST-3 -

2214 Tulip Steel Corporate Surveillance - BBB3(Lr) ST-3 -

2215 Tulshi Industries Corporate Surveillance - BBB3(Lr) ST-3 -

2216 Tusuka Apparels Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

2217 Tusuka Denim Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

2218 Tusuka Fashions Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

2219 Tusuka Jeans Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable

2220 Tusuka Washing Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

2221 TY Traders Corporate Surveillance - BBB3(Lr) - -

2222 U I C SME Surveillance CRAB-SE 3 - - -

2223 Ultimate Fashions Ltd. Corporate Initial Rating - BBB3(Lr) ST-3 -

2224 Unicom Media Ltd. Corporate Surveillance - BBB2(Lr) ST-3 -

2225 Unicom Textile Mills Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

2226 Unifill Composite Dyeing Mills Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable

2227 Unifill Textile Mills Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable

2228 Unilliance Textiles Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

2229 Unimex Textile Mills Ltd. Corporate Surveillance - BB2(Lr) ST-4 -

2230 Union Agro Industries SME Initial Rating CRAB-SE 3 - - -

2231 Union BD Consumer Ltd. SME Surveillance CRAB-SE 3 - - -

2232 Unique Enterprise SME Surveillance CRAB-SE 4 - - -

2233 Unique Footwear Industries Corporate Surveillance - BBB2(Lr) ST-3 -

2234 Unique Standard Bricks Ltd. SME Surveillance CRAB-SE 3 - - -

2235 Unison Design Ltd. Corporate Initial Rating - BB2(Lr) ST-4 -

2236 Unison Homoeo Laboratories SME Surveillance CRAB-ME 3 - - -

2237 United Apparels Industries Ltd. Corporate Surveillance BB1 BB1(Lr) ST-4 Negative

2238 United Express (Dhaka Bank) SME Surveillance CRAB-SE 3 - - -

2239 United Traders Corporate Surveillance - AA3(Lr) ST-2 -

2240 United Trousers Ltd. Corporate Surveillance BB1 BB1(Lr) ST-4 Stable

2241 Unity Accessories (Pvt.) Ltd. SME Surveillance CRAB-ME 3 - - -

2242 Universal Engineering SME Surveillance CRAB-ME 4 - - -

2243 Universal Enterprise SME Surveillance CRAB-SE 3 - - -

2244 Universal Insulation Products Ltd. SME Surveillance CRAB-SE 3 - - -

2245 Universal Menswear Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable

2246 Universal Sweater Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable

2247 Universal Textile Machinery & Parts Ltd. SME Initial Rating CRAB-SE 4 - - -

2248 Univet Limited Corporate Surveillance - - ST-3 -

2249 USA Agro and Auto Bricks Ltd. Corporate Initial Rating BBB3(Pr) - - -

2250 Usha Construction SME Initial Rating CRAB-ME 3 - - -

2251 Uttara University Corporate Surveillance - BBB1(Lr) ST-1 -

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

55

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Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

2252 Uzzal Enterprise SME Surveillance CRAB-SE 3 - - -

2253 Uzzal Traders SME Initial Rating CRAB-SE 4 - - -

2254 Vai Vai Poultry Farm SME Initial Rating CRAB-SE 4 - - -

2255 Vai Vai Steel King SME Initial Rating CRAB-SE 4 - - -

2256 Vai Vai Traders SME Initial Rating CRAB-SE 4 - - -

2257 Vandari Chaul Kol SME Initial Rating CRAB-SE 3 - - -

2258 Vandary Auto Rice Mill SME Surveillance CRAB-SE 4 - - -

2259 Vastech Ltd. Corporate Surveillance - BB2(Lr) ST-4 -

2260 Venus Telecom Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -

2261 Vertex Off-Dock Logistic Services Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

2262 Victor Breeders Ltd. SME Initial Rating CRAB-SE 4 - - -

2263 Victor Feeds Ltd. SME Initial Rating CRAB-SE 4 - - -

2264 Village Technologies Ltd. SME Surveillance CRAB-SE 3 - - -

2265 VIP Store SME Surveillance CRAB-SE 3 - - -

2266 Virgo Fish & Agro Process Ltd. Corporate Surveillance - BB1(Lr) ST-3 -

2267 Vitalac Dairy & Food Industries Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

2268 Viyellatex Ltd. Corporate Initial Rating AA1 - ST-2 Stable

2269 VOTT Oil Refineries Ltd. Corporate Surveillance AAA AAA(Lr) ST-1 Stable

2270 W H Trims & Packaging Industries Ltd. Corporate Surveillance BBB3(Pr) - - -

2271 Wahidul Islam Enterprise SME Initial Rating CRAB-SE 4 - - -

2272 Wali Nahar Auto Rice Mill SME Initial Rating CRAB-SE 4 - - -

2273 Wasco Biscuit & Bread Factory Corporate Surveillance - BBB1(Lr) ST-3 -

2274 Washi Store SME Initial Rating CRAB-SE 4 - - -

2275 Wasi Knit Fiber SME Surveillance CRAB-SE 4 - - -

2276 Wasi Trade International SME Surveillance CRAB-ME 3 - - -

2277 Wasica Trade International SME Initial Rating CRAB-SE 3 - - -

2278 Watan Bangladesh Pvt. Ltd. SME Surveillance CRAB-SE 3 - - -

2279 Wear Mag Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable

2280 Webable Bangladesh Ltd. Corporate Initial Rating A3 A3(Lr) ST-3 Stable

2281 Well Accessories Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

2282 Well Care Diagnostic Centre SME Initial Rating CRAB-SE 4 - - -

2283 Well Designers Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

2284 Well Dresses Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable

2285 Well Fabrics Corporate Initial Rating - BBB3(Lr) ST-3 -

2286 Well Fashion Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

2287 Well Food & Beverage Company Ltd. Corporate Initial Rating - BBB2(Lr) ST-3 -

2288 Well Foods Ltd Corporate Surveillance A3 A3(Lr) ST-3 Stable

2289 Well Mart Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable

2290 Well Step Shoes SME Surveillance CRAB-SE 4 - - -

2291 Well Trade Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable

2292 Westecs Ltd. Corporate Surveillance BB3 BB3(Lr) ST-4 Stable

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

56

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Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

2293 Western Electronics Ind. Syndicate Ltd. Corporate Surveillance - BBB3(Lr) ST-4 -

2294 Western Marine Services Ltd. Corporate Initial Rating - B1(Lr) ST-4 -

2295 William Agencies Corporate Surveillance - - ST-3 -

2296 Wilts Marketing Co. Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -

2297 Win East Paper Trading SME Surveillance CRAB-SE 3 - - -

2298 Wings BD Ltd. SME Initial Rating CRAB-SE 4 - - -

2299 Wintech Energy-Millennium Engineers (JV) SME Initial Rating CRAB-SE 5 - - -

2300 Wohab Traders & Zahid Biz Vander SME Surveillance CRAB-SE 3 - - -

2301 World Book Distribution Center Corporate Surveillance - BBB1(Lr) ST-3 -

2302 World Jute CO. BD. Ltd. SME Initial Rating CRAB-SE 4 - - -

2303 Xcel Infrastructure Limited Corporate Surveillance - - ST-4 -

2304 Xclusive Can Ltd. Corporate Surveillance - BBB1(Lr) ST-3 -

2305 Yakub & Brothers SME Initial Rating CRAB-ME 3 - - -

2306 Yeasin Electronics & Its sister concern Century Trade InternationalSME Surveillance CRAB-SE 3 - - -

2307 Youngones (Bangladesh) Ltd. Unit-II Corporate Surveillance - BBB2(Lr) ST-3 -

2308 Younus Cold Storage Ltd. Corporate Surveillance - A2(Lr) ST-3 -

2309 Younus Fine Paper Mills Ltd. Corporate Surveillance - AA3(Lr) ST-2 -

2310 Younus Newsprint Mill Ltd. Corporate Surveillance - A1(Lr) ST-3 -

2311 Younus Offset Paper Mills Ltd. Corporate Surveillance - AA3(Lr) ST-2 -

2312 Younus Paper Mills Ltd. Corporate Surveillance - A1(Lr) ST-3 -

2313 Younus Specialized Cold Storage Ltd. Corporate Surveillance - A2(Lr) ST-3 -

2314 Younus Spinning Mills Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable

2315 Your Fashion Sweater Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

2316 Yousuf & Sons SME Surveillance CRAB-SE 3 - - -

2317 Yousuf Bricks SME Surveillance CRAB-SE 4 - - -

2318 Zahed and Brothers SME Initial Rating CRAB-SE 3 - - -

2319 Zahed Traders SME Initial Rating CRAB-SE 3 - - -

2320 Zahir Steel & Re-rollong Mills Ltd. Corporate Initial Rating BBB2 BBB2(Lr) ST-3 Stable

2321 Zakir Enterprise Corporate Initial Rating - BBB3(Lr) ST-4 -

2322 Zakmars Fashion Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable

2323 Zam Zam Rice Agency SME Surveillance CRAB-ME 3 - - -

2324 Zaman Textile SME Initial Rating CRAB-SE 3 - - -

2325 Zaman Traders SME Initial Rating CRAB-ME 3 - - -

2326 Zaman Traders SME Surveillance CRAB-ME 3 - - -

2327 Zareen Plantation Ltd. Corporate Surveillance A3 A3(Lr) ST-2 Stable

2328 Zehas Enterprise SME Surveillance CRAB-SE 3 - - -

2329 Zenith Spinning Mills Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable

2330 Zero Gravity Ventures Ltd. Corporate Initial Rating BBB2 BBB2(Lr) ST-3 Stable

2331 Zia Enterprise SME Surveillance CRAB-SE 3 - - -

2332 Zia Foam & Furniture SME Surveillance CRAB-SE 3 - - -

2333 Zian Tex SME Surveillance CRAB-SE 3 - - -

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

57

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Rating Update -December 2018 (Update up to 31 December 2018)

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

Firm TypeRating Long Term Short Term* Outlook

2334 Zilani Trading Corporation Ltd. SME Initial Rating CRAB-ME 3 - - -

2335 Zillu Motors SME Surveillance CRAB-SE 3 - - -

2336 Ziri Subedar Steel Re-Rolling Mills Corporate Surveillance - BBB3(Lr) ST-4 -

2337 Ziska Pharmaceuticals Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable

2338 ZK Foils Ltd. Corporate Surveillance - BBB1(Lr) ST-3 -

2339 ZMM Corporation SME Surveillance CRAB-SE 3 - - -

2340 ZMS Steel SME Surveillance CRAB-SE 4 - - -

2341 Zubair & Brothers SME Surveillance CRAB-SE 3 - - -

2342 Zubair Vision Electronics SME Initial Rating CRAB-SE 5 - - -

2343 Zulfiquer Enterprise SME Surveillance CRAB-ME 3 - - -

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, Deputy Manager, 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,

58

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

12-Dec-19

29-Jun-19

04-Mar-19

10-Oct-19

10-Oct-19

26-Dec-19

26-Sep-19

31-Mar-19

20-Dec-19

14-Dec-19

31-Oct-19

22-Feb-19

28-Dec-19

13-Sep-19

12-Sep-19

23-Dec-19

30-Mar-19

10-May-19

30-Apr-19

31-Dec-19

26-Dec-19

30-Jun-19

19-Jul-19

08-Feb-19

31-Aug-19

05-Dec-19

27-Oct-19

29-Jun-19

23-May-19

07-Mar-19

25-Jan-19

15-Aug-19

10-Jun-19

26-Jul-19

24-Feb-19

31-Jan-19

29-Jun-19

30-Jun-19

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

59

Page 60: Corporate and SME · 2019-01-23 · Rating Update -December 2018 (Update up to 31 December 2018) Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings (Alphabetical

Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

15-Nov-19

05-Sep-19

03-Jul-19

11-Sep-19

30-Sep-19

30-Jun-19

30-Jun-19

10-Oct-19

06-May-19

07-Dec-19

23-May-19

30-Jun-19

30-Jun-19

30-Jun-19

30-Jun-19

15-Feb-19

15-Feb-19

26-Mar-19

21-Mar-19

28-Feb-19

30-Dec-19

29-Sep-19

12-Sep-19

29-Jun-19

15-Feb-19

25-Jan-19

07-Feb-19

13-Aug-19

07-Mar-19

31-Aug-19

06-Jun-19

31-Jan-19

24-Jan-19

28-Feb-19

27-Sep-19

29-Sep-19

27-Sep-19

07-Jun-19

30-Sep-19

26-Apr-19

** 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

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

60

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

20-Sep-19

17-Jan-19

30-Dec-19

29-May-19

14-Feb-19

01-Aug-19

30-Dec-19

11-Apr-19

30-Jun-19

14-Nov-19

30-Dec-19

18-Jan-19

21-Mar-19

16-May-19

28-Dec-19

29-Mar-19

20-Dec-19

24-Oct-19

28-Mar-19

12-Sep-19

25-Jul-19

20-Jun-19

30-Dec-19

20-Jul-19

13-Sep-19

29-Jun-19

26-Apr-19

28-Mar-19

26-Dec-19

02-Aug-19

21-Mar-19

22-Nov-19

30-Nov-19

31-Dec-18

29-Jul-19

21-Mar-19

15-Dec-19

22-Nov-19

21-Mar-19

01-Aug-19

27-Jun-19

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

61

Page 62: Corporate and SME · 2019-01-23 · Rating Update -December 2018 (Update up to 31 December 2018) Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings (Alphabetical

Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

25-Jul-19

30-Jun-19

31-Dec-19

23-Aug-19

08-May-19

05-Sep-19

12-Sep-19

23-Nov-19

28-Dec-19

11-Apr-19

30-Jun-19

05-Dec-19

29-Jun-19

26-Dec-19

08-Feb-19

29-Aug-19

30-Dec-19

29-Aug-19

08-Nov-19

04-Apr-19

14-Feb-19

15-Feb-19

10-Apr-19

29-May-19

14-Feb-19

26-Dec-19

26-Dec-19

29-Jun-19

03-Oct-19

30-Dec-19

31-Oct-19

30-Nov-19

28-Feb-19

28-Feb-19

30-Nov-19

31-Oct-19

30-Dec-19

25-Feb-19

31-Dec-19

28-Feb-19

31-Jan-19

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

62

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

28-Feb-19

28-Feb-19

31-Oct-19

31-Dec-18

30-Nov-19

29-Sep-19

30-Nov-19

30-Sep-19

28-Nov-19

19-Dec-19

11-Apr-19

01-Mar-19

12-Dec-19

08-May-19

21-Nov-19

17-Oct-19

24-Feb-19

19-Sep-19

24-Oct-19

04-Nov-19

03-Jun-19

15-Aug-19

20-Sep-19

05-Apr-19

12-Sep-19

30-Dec-19

20-Aug-19

31-Dec-18

31-Dec-18

31-Dec-18

31-Dec-19

27-Sep-19

23-Mar-19

30-Dec-19

11-Oct-19

29-Aug-19

26-Jan-19

29-Jun-19

31-Aug-19

24-Feb-19

31-Jan-19

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

63

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

29-Jun-19

31-Dec-19

30-Dec-19

31-Dec-18

31-Dec-19

31-Dec-18

30-Dec-19

30-Dec-19

14-Jun-19

30-Sep-19

30-Jun-19

15-Jan-19

10-Feb-19

10-Feb-19

19-Dec-19

18-Jul-19

28-Dec-19

19-Sep-19

04-Nov-19

18-Jul-19

30-Dec-19

26-Dec-19

19-Sep-19

14-Feb-19

30-Jun-19

14-Nov-19

18-Jul-19

29-Sep-19

27-Apr-19

17-Oct-19

29-Aug-19

31-Mar-19

25-Jan-19

27-Sep-19

31-May-19

03-Oct-19

14-Dec-19

14-Mar-19

10-May-19

08-Nov-19

29-May-19

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

64

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

23-Nov-19

29-Aug-19

21-Mar-19

26-Dec-19

14-Nov-19

31-Jan-19

21-Mar-19

26-Dec-19

30-Dec-19

31-Oct-19

08-May-19

03-Nov-19

28-Sep-19

23-Mar-19

29-May-19

23-May-19

08-May-19

17-Oct-19

24-Feb-19

07-Mar-19

25-Nov-19

03-Feb-19

23-Aug-19

28-Jun-19

07-Nov-19

11-Oct-19

29-Aug-19

24-Jan-19

14-Nov-19

08-May-19

30-Mar-19

05-Dec-19

14-Nov-19

26-Dec-19

19-Sep-19

10-Oct-19

26-Sep-19

30-Nov-19

30-Dec-19

03-Jun-19

25-Jan-19

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

65

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

16-May-19

24-Feb-19

17-Jan-19

03-Jun-19

19-Dec-19

16-Feb-19

14-Feb-19

10-Oct-19

24-Feb-19

16-May-19

01-Mar-19

22-Apr-19

28-Feb-19

31-Oct-19

29-Nov-19

29-Oct-19

29-Dec-19

04-Nov-19

03-Oct-19

31-Mar-19

24-Feb-19

25-Jan-19

24-Jan-20

27-Dec-19

14-Jun-19

31-Oct-19

13-May-19

18-Oct-19

06-Jun-19

30-Jun-19

31-Oct-19

31-Oct-19

30-Nov-19

31-Oct-19

31-Oct-19

30-May-19

30-Jun-19

31-Oct-19

31-Oct-19

03-Oct-19

29-Mar-19

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

66

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

31-Dec-19

15-Feb-19

02-Dec-19

30-Nov-19

30-Nov-19

30-Sep-19

08-Nov-19

30-Nov-19

30-Dec-19

10-Sep-19

25-Apr-19

12-Dec-19

31-Jan-19

29-Sep-19

07-Nov-19

29-Jun-19

30-Dec-19

03-Nov-19

29-Sep-19

14-Dec-19

22-Mar-19

11-Jul-19

24-Oct-19

12-Dec-19

26-Dec-19

07-Mar-19

18-Jun-19

19-Aug-19

30-Dec-19

12-Dec-19

23-Nov-19

23-May-19

28-Feb-19

18-Jul-19

31-Dec-18

19-Dec-19

16-May-19

25-Jan-19

20-Dec-19

03-Oct-19

12-Dec-19

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

67

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

31-Oct-19

03-Oct-19

21-Mar-19

05-Sep-19

25-Jul-19

03-Jul-19

17-Oct-19

29-May-19

31-Dec-19

31-Oct-19

03-May-19

24-Sep-19

29-Jun-19

31-Jan-19

31-May-19

13-Sep-19

30-Mar-19

29-Aug-19

24-May-19

17-Jan-20

10-Jun-19

15-Dec-19

17-May-19

07-Mar-19

24-Jan-19

26-Jul-19

26-Jul-19

30-Dec-19

30-Apr-19

30-Oct-19

11-Oct-19

14-Mar-19

20-Aug-19

24-Oct-19

10-Jun-19

20-Sep-19

20-Sep-19

20-Sep-19

25-Oct-19

31-May-19

19-Dec-19

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

68

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

25-Nov-19

29-Aug-19

26-Sep-19

15-Dec-19

31-May-19

14-Mar-19

07-Jun-19

24-Sep-19

10-Jun-19

29-Mar-19

12-Dec-19

05-Mar-19

30-Sep-19

28-Feb-19

20-Jun-19

23-Dec-19

28-Nov-19

24-Oct-19

27-Dec-19

29-Sep-19

09-Aug-19

26-Sep-19

15-Dec-19

26-Dec-19

31-Mar-19

19-Aug-19

19-Aug-19

30-Dec-19

20-Sep-19

29-Sep-19

29-Dec-19

08-Nov-19

26-Dec-19

28-Dec-19

28-May-19

17-Jun-19

29-May-19

21-May-19

31-Dec-19

31-Dec-19

24-Oct-19

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

69

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

31-Dec-19

31-Dec-19

31-Dec-19

23-Dec-19

31-Jul-19

28-Nov-19

29-Sep-19

03-Oct-19

30-Jun-19

27-Feb-19

12-Apr-19

05-Jun-19

25-Jan-19

12-Sep-19

30-Jun-19

19-Apr-19

29-Aug-19

19-Nov-19

28-Nov-19

18-Jan-19

28-Feb-19

15-Nov-19

30-Sep-19

28-May-19

30-Jun-19

24-Jan-19

14-Nov-19

30-Apr-19

30-Apr-19

11-May-19

29-Jun-19

28-Mar-19

11-May-19

21-Jul-19

11-May-19

11-May-19

29-Jun-19

15-Jun-19

29-Dec-19

30-Dec-19

28-Mar-19

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

70

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

29-Dec-19

31-Mar-19

03-Oct-19

03-Oct-19

03-Oct-19

03-Oct-19

03-Oct-19

05-Jun-19

01-Mar-19

30-Jun-19

12-Sep-19

26-Dec-19

11-Jul-19

22-Mar-19

28-Nov-19

26-Aug-19

01-Feb-19

08-Aug-19

22-Apr-19

31-Dec-18

30-Aug-19

31-Dec-19

31-Oct-19

23-May-19

10-Jun-19

07-Nov-19

21-Mar-19

30-Dec-19

26-Dec-19

15-Feb-19

29-Jun-19

25-Oct-19

22-Mar-19

15-Sep-19

20-Dec-19

08-Mar-19

12-Dec-19

23-Dec-19

21-Nov-19

05-Nov-19

12-Sep-19

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

71

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

19-Sep-19

14-Jun-19

15-Dec-19

31-Oct-19

19-Sep-19

30-Sep-19

19-Sep-19

03-Oct-19

17-May-19

03-Aug-19

31-Jul-19

03-Oct-19

29-Sep-19

29-May-19

31-Dec-18

25-Apr-19

26-Dec-19

16-May-19

31-Dec-19

31-Aug-19

29-Sep-19

19-Dec-19

19-Aug-19

12-Dec-19

24-May-19

11-Apr-19

11-Apr-19

12-Apr-19

29-Jun-19

31-Dec-18

26-Dec-19

26-Dec-19

30-Apr-19

30-Dec-19

19-Dec-19

14-Dec-19

25-Jul-19

19-Sep-19

31-Mar-19

16-May-19

27-Sep-19

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

72

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

16-May-19

30-Nov-19

31-Dec-18

16-May-19

16-May-19

27-Jun-19

16-May-19

24-Feb-19

30-Dec-19

11-Jul-19

16-May-19

04-Nov-19

31-Dec-19

26-Apr-19

17-Jan-19

31-Aug-19

28-Feb-19

15-Jun-19

30-Jun-19

31-Dec-18

31-Dec-19

31-Dec-18

31-Dec-19

31-Dec-18

10-Sep-19

30-Jun-19

30-Jun-19

30-Jun-19

30-Jun-19

25-Oct-19

21-Sep-19

03-Oct-19

30-Dec-19

29-Aug-19

12-Mar-19

04-Sep-19

30-Jun-19

30-Dec-19

15-Mar-19

15-Feb-19

30-Jul-19

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

73

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

28-Sep-19

30-Mar-19

27-Dec-19

15-Aug-19

04-Aug-19

20-Jun-19

30-Nov-19

18-Jul-19

23-Sep-19

26-Sep-19

30-Nov-19

30-Jun-19

07-Jun-19

10-Jun-19

31-Dec-18

27-Sep-19

27-Sep-19

31-Oct-19

31-Oct-19

31-Oct-19

17-Jan-19

23-May-19

07-Feb-19

15-Aug-19

31-Dec-19

31-Dec-19

15-Feb-19

07-Jul-19

14-Mar-19

29-Jun-19

13-Sep-19

10-Feb-19

26-Dec-19

19-Sep-19

17-Dec-19

11-Apr-19

31-Oct-19

30-Mar-19

15-Feb-19

10-Sep-19

25-Jul-19

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

74

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

30-Sep-19

30-Nov-19

11-Jul-19

01-Feb-19

30-Jun-19

21-Mar-19

30-Jun-19

28-Nov-19

07-Dec-19

14-Mar-19

07-Mar-19

18-Jul-19

29-Dec-19

08-Nov-19

29-Sep-19

15-Mar-19

30-Jun-19

29-Sep-19

28-Mar-19

15-Aug-19

30-Jun-19

07-Mar-19

27-Jul-19

04-Jan-19

08-May-19

20-Dec-19

04-May-19

29-Mar-19

05-Sep-19

30-Sep-19

30-Sep-19

30-Sep-19

30-Sep-19

30-Sep-19

30-Sep-19

30-Sep-19

19-Sep-19

28-Mar-19

30-Jun-19

29-Sep-19

08-May-19

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

75

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

12-Sep-19

14-Feb-19

28-Nov-19

15-Dec-19

30-Sep-19

28-Mar-19

31-Dec-18

12-Dec-19

30-Dec-19

07-May-19

05-Dec-19

30-Aug-19

29-Aug-19

27-Jun-19

30-Jun-19

31-Dec-19

12-Sep-19

19-Sep-19

31-Oct-19

31-Oct-19

31-Oct-19

31-Oct-19

31-Oct-19

31-Oct-19

31-Oct-19

30-Sep-19

24-Feb-19

20-Dec-19

21-Sep-19

30-Dec-19

06-Jun-19

02-Dec-19

31-Jan-19

31-Oct-19

29-Sep-19

30-Jun-19

30-Jun-19

30-Apr-19

03-Sep-19

30-Nov-19

10-Dec-19

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

76

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

27-Mar-19

29-Jun-19

30-Mar-19

17-Oct-19

31-Oct-19

31-Dec-19

31-Mar-19

21-Mar-19

24-Jan-19

05-Aug-19

20-Sep-19

30-Nov-19

20-Jun-19

29-Mar-19

24-Nov-19

25-Jul-19

19-Dec-19

26-Dec-19

10-Oct-19

20-May-19

22-Oct-19

17-May-19

10-May-19

08-May-19

25-Jul-19

21-Dec-19

18-Apr-19

29-May-19

21-Mar-19

24-Jan-19

08-May-19

26-Jun-19

30-Nov-19

24-Feb-19

19-Dec-19

26-Jun-19

29-Dec-19

26-Sep-19

29-Jun-19

28-Feb-19

20-Sep-19

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

77

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

30-Dec-19

03-Oct-19

29-Jun-19

07-Mar-19

25-Jul-19

16-May-19

05-Sep-19

19-Dec-19

28-Nov-19

11-Sep-19

13-Dec-19

31-Dec-18

17-Oct-19

02-Nov-19

30-Jun-19

26-Dec-19

31-Dec-19

24-Feb-19

26-Sep-19

26-Jul-19

15-Sep-19

21-Nov-19

11-Apr-19

07-Jun-19

17-Oct-19

07-Feb-19

27-Jun-19

07-Feb-19

07-Feb-19

31-Jan-19

14-Nov-19

18-Apr-19

16-May-19

20-Dec-19

29-May-19

30-Apr-19

31-Oct-19

06-Jun-19

20-Aug-19

26-Jul-19

24-Jan-19

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

78

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

18-Apr-19

31-Dec-19

10-Oct-19

07-Nov-19

28-Sep-19

30-Jun-19

14-Nov-19

22-Mar-19

29-Aug-19

19-Dec-19

25-Apr-19

10-May-19

21-Nov-19

29-Jun-19

30-Jun-19

20-Sep-19

15-Feb-19

07-Nov-19

19-Mar-19

03-Jun-19

19-Dec-19

02-Sep-19

24-Oct-19

02-Mar-19

14-Feb-19

06-Jun-19

30-Oct-19

17-Oct-19

16-May-19

28-Mar-19

15-Dec-19

11-Apr-19

15-Dec-19

18-Oct-19

10-May-19

30-Nov-19

02-Dec-19

29-May-19

31-Jan-19

21-Mar-19

20-Jun-19

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

79

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

15-Feb-19

27-Jun-19

31-Aug-19

15-Sep-19

19-Dec-19

11-Jul-19

26-Dec-19

30-Dec-19

17-May-19

24-Oct-19

24-Oct-19

21-Mar-19

20-May-19

17-Feb-19

20-Jun-19

30-Dec-19

15-May-19

15-Mar-19

26-Jun-19

28-Feb-19

08-May-19

18-Nov-19

28-Mar-19

14-Dec-19

30-Apr-19

30-Dec-19

14-Feb-19

14-Feb-19

30-Sep-19

27-Sep-19

31-Jan-19

30-Jun-19

12-Sep-19

25-Mar-19

31-Dec-18

31-Dec-18

31-Dec-18

23-Aug-19

20-Sep-19

22-Oct-19

22-Jun-19

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

80

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

30-Mar-19

16-Aug-19

10-Oct-19

08-Aug-19

15-Nov-19

15-Nov-19

30-Nov-19

17-Feb-19

29-Jun-19

30-Jun-19

14-Jun-19

12-Sep-19

29-Jun-19

20-Dec-19

29-Aug-19

29-Nov-19

15-Dec-19

15-Dec-19

15-Dec-19

15-Dec-19

29-Mar-19

31-Mar-19

28-Mar-19

15-Mar-19

30-Dec-19

31-Jan-19

25-Jul-19

24-Oct-19

27-Sep-19

31-Dec-18

30-Jun-19

31-Dec-18

04-Nov-19

31-Dec-18

31-Dec-18

29-Aug-19

29-Aug-19

15-Jun-19

05-Sep-19

08-Mar-19

23-May-19

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

81

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

29-Mar-19

15-Dec-19

29-May-19

29-Aug-19

24-Oct-19

31-Dec-18

24-Feb-19

28-Nov-19

14-Feb-19

29-May-19

15-Apr-19

31-Dec-18

31-Dec-18

15-Apr-19

31-Dec-18

15-Aug-19

26-Dec-19

28-Nov-19

18-Jul-19

30-Jun-19

01-Mar-19

02-Dec-19

29-Dec-19

28-Feb-19

18-Jul-19

31-Jan-19

28-Nov-19

05-Dec-19

17-Jan-19

19-Sep-19

19-Dec-19

31-May-19

12-Sep-19

29-Jun-19

26-Dec-19

24-Feb-19

11-Apr-19

19-Jul-19

17-May-19

24-Feb-19

14-Nov-19

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

82

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

08-May-19

18-Jun-19

15-Dec-19

21-Nov-19

28-Jun-19

27-Sep-19

07-Jan-19

11-Apr-19

12-Dec-19

28-Nov-19

07-Jun-19

07-Jun-19

30-Jul-19

05-Sep-19

11-Apr-19

28-Nov-19

15-Nov-19

30-Nov-19

30-Nov-19

30-Dec-19

07-Mar-19

24-Feb-19

15-Aug-19

17-Jan-19

10-Oct-19

07-Jun-19

30-Aug-19

21-Sep-19

21-Sep-19

10-Oct-19

11-Apr-19

29-Aug-19

01-Jun-19

23-May-19

01-Jun-19

27-Sep-19

28-Feb-19

28-Dec-19

31-Jan-19

30-Dec-19

15-Jun-19

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

83

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

27-Sep-19

30-Dec-19

01-Aug-19

08-Aug-19

10-Oct-19

07-Feb-19

30-Jun-19

26-Jul-19

26-Jul-19

11-Apr-19

26-Dec-19

29-Jun-19

09-Dec-19

29-May-19

19-Sep-19

03-Oct-19

05-Aug-19

03-Oct-19

26-Sep-19

26-Sep-19

27-Sep-19

20-Sep-19

08-May-19

19-Dec-19

03-Oct-19

18-Apr-19

20-May-19

03-Oct-19

14-Mar-19

15-Sep-19

14-Jun-19

29-Mar-19

14-Jun-19

26-Jul-19

24-Feb-19

24-Feb-19

14-Jun-19

11-Jul-19

30-Apr-19

19-Sep-19

30-Mar-19

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

84

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

16-Aug-19

12-Dec-19

06-Dec-19

06-Jun-19

12-Mar-19

08-Aug-19

30-Dec-19

12-Dec-19

21-Dec-19

21-Dec-19

28-Mar-19

30-Jul-19

12-Dec-19

01-Aug-19

31-Jan-19

11-Nov-19

23-Nov-19

28-Feb-19

30-Jun-19

26-Dec-19

11-May-19

06-Jun-19

21-Nov-19

05-Dec-19

19-Sep-19

30-Nov-19

18-Jul-19

04-Apr-19

13-Sep-19

07-Nov-19

28-Mar-19

29-Sep-19

29-Sep-19

30-Jun-19

29-Jun-19

30-Dec-19

31-Jan-19

15-Feb-19

26-Dec-19

21-Sep-19

06-Jun-19

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

85

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

20-Sep-19

02-Sep-19

29-Jun-19

07-Mar-19

02-Aug-19

17-Dec-19

26-Sep-19

18-Jul-19

12-Dec-19

31-Aug-19

03-Oct-19

30-Jun-19

26-Jul-19

14-May-19

10-Oct-19

31-Dec-19

05-Mar-19

23-May-19

28-Dec-19

23-May-19

05-Dec-19

29-Jun-19

21-Mar-19

21-Apr-19

29-Sep-19

26-Apr-19

12-Sep-19

20-Jun-19

05-Dec-19

07-Nov-19

20-Sep-19

05-Dec-19

30-Dec-19

27-Jun-19

19-Dec-19

12-Sep-19

19-Sep-19

28-Sep-19

19-Feb-19

03-Apr-19

08-May-19

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

86

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

07-Nov-19

29-Jun-19

28-Mar-19

24-Oct-19

04-Feb-19

12-Sep-19

03-Jun-19

07-Feb-19

31-Dec-18

26-Sep-19

01-Feb-19

02-Dec-19

10-May-19

30-Sep-19

31-Oct-19

30-Jun-19

26-Jul-19

12-Dec-19

28-Mar-19

15-Dec-19

14-Feb-19

14-Nov-19

30-Dec-19

19-Sep-19

26-Dec-19

14-Dec-19

28-Nov-19

31-Aug-19

30-Mar-19

05-Sep-19

29-May-19

18-Apr-19

18-Apr-19

07-Jun-19

06-Jun-19

30-Oct-19

04-Apr-19

20-Oct-19

20-Oct-19

30-Nov-19

02-Aug-19

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

87

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

12-Dec-19

25-Apr-19

19-Dec-19

09-Aug-19

01-Aug-19

27-Jun-19

12-Sep-19

26-Dec-19

25-Apr-19

30-Jun-19

31-Jan-19

29-Jun-19

11-Apr-19

30-Sep-19

28-Feb-19

15-Dec-19

30-Mar-19

12-Sep-19

15-Jan-19

31-Dec-19

31-Dec-18

26-Sep-19

23-Nov-19

12-Dec-19

12-Dec-19

30-Jun-19

22-Apr-19

31-Jan-19

31-Dec-18

14-Feb-19

14-Nov-19

15-Feb-19

18-Apr-19

15-Aug-19

04-Apr-19

12-Apr-19

31-Jan-19

24-May-19

26-Dec-19

18-Oct-19

26-Dec-19

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

88

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

17-Jun-19

12-Sep-19

03-Jun-19

10-Jun-19

17-Oct-19

17-Oct-19

26-Sep-19

30-Jun-19

26-Dec-19

31-Jan-19

31-Dec-19

26-Feb-19

10-Jun-19

28-Mar-19

03-Oct-19

29-Aug-19

31-Jan-19

31-Dec-18

15-Aug-19

25-Jul-19

30-Dec-19

11-Jul-19

30-Jan-19

11-Jul-19

31-Jan-19

30-Dec-19

31-Dec-18

18-Jul-19

10-Oct-19

11-Nov-19

04-Apr-19

31-Jan-19

28-Feb-19

31-Oct-19

03-Sep-19

31-Oct-19

08-Jul-19

16-May-19

26-Sep-19

30-Jun-19

15-Aug-19

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

89

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

28-Feb-19

30-Jun-19

07-Nov-19

29-May-19

21-Mar-19

28-Feb-19

14-Jun-19

08-Nov-19

15-Feb-19

31-Oct-19

31-Oct-19

05-Sep-19

06-Jun-19

21-Nov-19

23-Dec-19

17-Oct-19

26-Dec-19

25-Jan-19

30-Dec-19

29-May-19

10-Oct-19

15-Dec-19

14-Jun-19

23-Aug-19

14-Dec-19

16-Nov-19

19-Apr-19

31-Dec-19

24-Feb-19

10-Jun-19

12-Sep-19

30-Dec-19

30-Jun-19

30-Jun-19

21-Mar-19

28-Mar-19

29-Mar-19

31-Mar-19

11-Apr-19

16-May-19

20-Jun-19

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

90

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

31-Jan-19

29-Sep-19

15-Feb-19

11-Apr-19

30-Dec-19

31-Aug-19

05-Sep-19

30-Dec-19

26-Dec-19

31-Mar-19

31-Mar-19

28-Dec-19

09-Oct-19

11-Dec-19

21-Mar-19

26-Sep-19

07-Mar-19

08-Mar-19

29-May-19

07-Feb-19

12-Oct-19

15-Mar-19

21-Sep-19

10-Jun-19

03-Oct-19

14-Mar-19

28-Sep-19

28-Sep-19

18-Jul-19

06-Jun-19

30-Jun-19

07-Mar-19

21-Nov-19

01-Jun-19

20-Sep-19

30-Nov-19

28-Mar-19

16-Aug-19

29-Jun-19

20-Jun-19

30-Mar-19

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

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

17-Oct-19

10-Jun-19

18-Apr-19

10-Sep-19

31-Dec-19

14-Nov-19

04-Apr-19

15-Apr-19

28-Dec-19

17-Jun-19

26-Dec-19

29-Jun-19

31-Jan-19

07-Mar-19

23-May-19

03-Oct-19

14-Mar-19

30-Mar-19

17-Oct-19

25-Jul-19

15-Sep-19

09-Aug-19

11-May-19

21-Mar-19

28-Nov-19

17-Oct-19

29-Aug-19

19-Sep-19

06-May-19

27-Jun-19

01-Aug-19

27-Jun-19

26-Apr-19

31-Oct-19

26-Dec-19

26-Sep-19

28-Feb-19

25-Jul-19

29-May-19

31-Jul-19

23-Mar-19

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

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

30-Jun-19

31-May-19

07-Feb-19

24-Jan-20

24-Jan-19

29-Sep-19

29-Sep-19

29-Jun-19

03-Oct-19

20-Dec-19

04-May-19

28-Dec-19

24-Feb-19

07-Feb-19

19-Jul-19

10-Oct-19

20-May-19

31-Dec-19

31-Dec-19

31-Oct-19

31-May-19

31-Jan-19

31-Dec-19

25-Apr-19

29-May-19

30-May-19

29-Jun-19

30-Nov-19

14-Feb-19

08-May-19

11-Mar-19

20-Sep-19

18-Apr-19

30-Jun-19

15-Feb-19

29-Mar-19

25-Oct-19

25-Oct-19

04-May-19

27-Jun-19

12-Dec-19

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

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

30-Jun-19

16-May-19

05-Dec-19

07-Mar-19

30-Dec-19

24-May-19

15-Feb-19

20-Jun-19

12-Dec-19

02-Aug-19

11-Aug-19

11-Apr-19

24-May-19

28-Mar-19

12-Dec-19

30-Dec-19

18-Apr-19

08-Nov-19

23-Mar-19

31-May-19

19-Dec-19

23-May-19

28-Nov-19

31-Dec-18

24-Oct-19

08-May-19

29-Mar-19

29-Jul-19

28-Nov-19

20-Jun-19

30-Jun-19

28-Jun-19

26-Dec-19

20-Jun-19

25-Oct-19

25-Jul-19

29-Jun-19

29-Jun-19

27-Jun-19

31-Aug-19

29-Jun-19

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

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

14-Mar-19

19-Dec-19

28-Nov-19

30-Jun-19

31-Aug-19

17-Jan-19

31-Aug-19

29-May-19

19-Dec-19

26-Apr-19

19-Dec-19

30-Jun-19

30-Jun-19

31-Jan-19

15-Sep-19

28-Nov-19

17-Oct-19

21-Nov-19

26-Sep-19

30-Jun-19

07-Mar-19

25-Jan-19

12-Dec-19

30-Jun-19

26-Dec-19

17-May-19

16-May-19

30-Jun-19

16-May-19

07-Nov-19

16-May-19

01-Aug-19

03-Nov-19

22-Mar-19

15-Aug-19

15-Feb-19

15-Feb-19

15-Feb-19

15-Dec-19

19-Dec-19

30-Jun-19

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

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

20-Sep-19

18-Feb-19

28-Nov-19

31-Jan-19

11-Feb-19

23-May-19

30-Nov-19

11-Apr-19

31-Mar-19

29-Mar-19

27-Jun-19

17-Jun-19

31-Dec-18

30-Jun-19

30-Jun-19

30-Jun-19

28-Feb-19

11-Nov-19

29-Aug-19

21-Nov-19

19-Oct-19

22-Nov-19

17-Jan-19

29-Jun-19

25-Apr-19

29-Jun-19

03-Jun-19

29-May-19

15-Aug-19

10-Feb-19

26-Dec-19

14-Dec-19

30-Nov-19

18-Jul-19

02-Sep-19

30-Aug-19

26-Dec-19

29-Aug-19

28-Dec-19

10-Jan-19

10-Jan-19

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

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

26-Dec-19

10-Jan-19

10-Jan-19

28-Dec-19

28-Mar-19

29-Sep-19

01-Aug-19

31-Mar-19

28-Feb-19

30-Jun-19

30-Dec-19

27-Apr-19

08-Aug-19

31-Oct-19

19-Aug-19

29-Oct-19

06-Jul-19

30-Jun-19

30-Jun-19

30-Dec-19

23-May-19

23-May-19

17-Oct-19

24-Oct-19

28-Feb-19

28-Mar-19

31-Mar-19

12-Dec-19

18-Apr-19

29-Sep-19

31-Jul-19

15-Apr-19

17-May-19

12-Aug-19

12-Apr-19

26-Dec-19

23-May-19

25-Apr-19

31-Oct-19

31-Aug-19

30-Dec-19

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

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

30-Dec-19

15-Sep-19

29-Jun-19

30-Nov-19

15-Mar-19

25-Apr-19

28-Mar-19

28-Mar-19

25-Apr-19

01-Aug-19

14-Jun-19

17-May-19

17-May-19

27-Sep-19

15-Dec-19

30-Nov-19

26-Dec-19

10-Oct-19

15-Mar-19

05-Dec-19

29-Dec-19

26-Dec-19

27-Jun-19

21-Nov-19

03-Oct-19

21-Apr-19

27-Jun-19

28-Dec-19

03-Oct-19

08-Nov-19

01-Feb-19

27-Jun-19

08-May-19

12-Sep-19

22-Sep-19

30-Oct-19

21-Mar-19

05-Dec-19

03-Oct-19

01-Jun-19

01-Jun-19

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

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

01-Jun-19

01-Jun-19

31-Jul-19

31-Mar-19

29-Nov-19

19-Sep-19

19-Sep-19

05-Jun-19

15-Dec-19

15-Dec-19

15-Dec-19

31-Jul-19

06-Jun-19

03-Oct-19

01-Mar-19

30-Jun-19

30-Jun-19

30-Oct-19

28-Jun-19

30-Dec-19

30-Nov-19

30-Jun-19

16-May-19

10-Jun-19

12-Sep-19

31-May-19

21-Sep-19

29-Sep-19

11-Oct-19

31-Mar-19

31-Mar-19

31-Mar-19

31-Mar-19

12-Sep-19

20-Apr-19

30-Nov-19

25-Jul-19

30-Sep-19

27-May-19

11-Apr-19

14-Jun-19

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

99

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

17-Oct-19

10-Feb-19

16-May-19

30-Sep-19

30-Sep-19

08-May-19

15-Dec-19

19-Dec-19

30-Oct-19

31-Dec-18

14-Mar-19

24-Jan-19

16-May-19

11-Apr-19

31-Jan-19

31-Jan-19

15-Jun-19

31-Jan-19

26-Sep-19

30-Nov-19

30-Nov-19

12-Dec-19

08-May-19

30-Dec-19

07-Nov-19

03-Oct-19

18-Apr-19

24-Jan-19

26-Jul-19

01-Aug-19

28-Mar-19

26-Dec-19

29-May-19

28-Mar-19

31-Oct-19

27-Jun-19

26-Sep-19

21-Mar-19

30-Nov-19

30-Sep-19

30-Apr-19

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

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

15-Mar-19

15-Dec-19

11-Apr-19

14-Feb-19

27-Dec-19

15-Mar-19

31-Dec-19

06-Sep-19

26-Oct-19

31-Aug-19

14-Mar-19

01-Mar-19

22-Sep-19

22-Sep-19

31-May-19

30-Jun-19

27-Jun-19

26-Apr-19

14-Nov-19

21-Mar-19

15-Mar-19

23-May-19

04-Feb-19

30-Dec-19

28-Mar-19

28-Dec-19

04-Apr-19

14-Mar-19

02-Nov-19

31-Oct-19

12-Apr-19

20-Jun-19

29-May-19

31-May-19

14-Feb-19

07-Nov-19

30-Sep-19

14-Nov-19

30-Dec-19

29-Jun-19

31-Jan-19

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

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

07-Mar-19

07-Mar-19

04-Feb-19

13-Sep-19

14-Nov-19

30-Dec-19

28-Jul-19

01-Aug-19

31-Aug-19

07-Feb-19

31-Oct-19

10-Oct-19

31-May-19

17-Feb-19

31-Jan-20

08-May-19

25-Jul-19

30-Oct-19

18-Apr-19

15-Mar-19

24-Sep-19

15-Dec-19

31-May-19

30-Nov-19

30-Sep-19

30-Dec-19

15-Dec-19

16-May-19

26-Dec-19

04-Apr-19

15-Nov-19

29-Aug-19

30-Nov-19

30-Nov-19

30-Nov-19

24-Oct-19

14-Feb-19

14-Mar-19

08-May-19

10-Oct-19

29-Jun-19

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

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

15-Dec-19

31-Mar-19

20-Dec-19

20-Jul-19

30-Dec-19

28-Nov-19

24-Oct-19

31-Jan-19

29-Jun-19

30-Jun-19

28-Mar-19

16-May-19

30-Dec-19

29-Mar-19

05-Dec-19

03-Oct-19

28-Nov-19

29-Aug-19

15-Apr-19

15-Mar-19

21-Nov-19

27-May-19

17-Oct-19

07-Feb-19

01-Mar-19

18-Apr-19

22-Feb-19

28-Sep-19

28-Mar-19

01-Jun-19

07-Jun-19

30-Nov-19

17-Aug-19

01-Feb-19

28-Mar-19

24-Jan-19

30-Mar-19

25-Oct-19

14-Mar-19

03-Oct-19

31-Oct-19

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

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

29-May-19

31-Jan-19

21-Sep-19

21-Mar-19

28-Feb-19

30-Dec-19

29-Jun-19

31-Jan-19

26-Dec-19

10-Oct-19

03-Jun-19

01-Feb-19

26-Sep-19

10-Jun-19

28-Sep-19

17-May-19

05-Sep-19

29-Nov-19

17-Oct-19

15-Dec-19

05-Sep-19

26-Dec-19

28-Jun-19

28-Feb-20

11-Apr-19

29-Mar-19

05-Jun-19

05-May-19

04-May-19

24-Jan-20

30-Jun-19

16-May-19

20-Nov-19

03-Oct-19

30-Nov-19

26-Sep-19

30-Dec-19

21-Nov-19

21-Nov-19

30-Dec-19

28-Dec-19

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

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

20-Dec-19

31-Mar-19

25-Apr-19

30-Jun-19

29-Aug-19

20-Aug-19

14-Nov-19

28-Feb-19

29-Jun-19

28-Nov-19

07-Nov-19

18-Apr-19

21-Sep-19

26-Sep-19

26-Dec-19

25-Jul-19

14-Feb-19

14-Feb-19

17-Jun-19

03-Jun-19

29-Jun-19

05-Dec-19

26-Jul-19

14-Feb-19

15-Dec-19

26-Jul-19

27-Sep-19

15-Jun-19

08-Nov-19

20-Sep-19

29-May-19

30-Nov-19

26-Dec-19

07-Jun-19

30-Dec-19

14-Jun-19

20-May-19

17-Jun-19

12-Dec-19

15-Aug-19

01-Feb-19

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

105

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

08-May-19

24-May-19

15-Mar-19

29-Jun-19

07-Nov-19

01-Feb-19

30-Sep-19

28-Feb-19

30-Dec-19

21-Nov-19

26-Dec-19

20-Jun-19

23-May-19

26-Apr-19

20-Dec-19

28-Dec-19

31-Dec-18

29-May-19

10-Oct-19

15-Mar-19

23-May-19

28-Mar-19

29-Mar-19

26-Dec-19

26-Apr-19

17-May-19

28-Feb-19

28-Feb-19

12-Sep-19

03-Oct-19

28-Dec-19

14-Mar-19

27-Jan-19

10-Jun-19

02-Mar-19

10-Oct-19

22-Nov-19

19-Jul-19

03-Jun-19

24-Oct-19

29-Aug-19

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

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

29-Jun-19

31-Dec-19

23-May-19

30-Jun-19

19-Dec-19

30-Jun-19

13-Sep-19

26-Jul-19

26-Dec-19

07-Mar-19

29-Jun-19

30-Dec-19

30-Jun-19

18-Nov-19

17-Jan-19

14-Feb-19

31-May-19

31-May-19

31-May-19

21-Apr-19

28-Jun-19

30-Jun-19

30-Nov-19

23-May-19

14-Feb-19

03-Oct-19

03-Jun-19

23-May-19

30-Oct-19

31-Oct-19

25-Nov-19

10-Oct-19

10-Jun-19

16-May-19

29-Aug-19

24-Jan-19

26-Sep-19

24-May-19

27-Sep-19

17-Oct-19

29-Sep-19

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

107

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

29-Jun-19

03-Oct-19

01-Jun-19

11-May-19

25-Apr-19

17-Jan-19

21-Mar-19

24-Jan-19

26-Sep-19

10-Jun-19

31-Oct-19

29-Jun-19

07-Mar-19

08-May-19

30-Jun-19

24-Feb-19

28-Jun-19

12-Dec-19

28-Nov-19

09-Aug-19

26-Aug-19

03-Oct-19

15-Jun-19

17-Oct-19

31-Oct-19

05-Dec-19

12-Dec-19

16-May-19

03-Oct-19

15-Dec-19

25-Jan-19

25-Jan-19

29-Aug-19

20-Jun-19

16-May-19

14-Feb-19

30-Jun-19

30-Jun-19

07-Feb-19

18-Jul-19

29-Aug-19

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

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

30-Jun-19

31-Jan-19

24-Oct-19

10-May-19

29-Mar-19

28-Feb-19

07-Jun-19

31-Jan-19

31-Mar-19

23-Aug-19

12-Sep-19

25-Jan-19

28-Mar-19

14-Mar-19

31-Dec-19

12-Sep-19

14-Aug-19

28-Nov-19

30-Sep-19

26-Jul-19

09-Sep-19

11-Sep-19

30-Dec-19

26-Jul-19

14-Jun-19

21-Nov-19

30-Jun-19

28-Dec-19

28-Dec-19

01-Feb-19

30-Sep-19

26-Sep-19

01-Jun-19

10-Jun-19

23-Mar-19

15-Aug-19

15-Feb-19

05-Mar-19

29-Jun-19

19-Sep-19

20-Sep-19

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

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

30-Jun-19

29-Jun-19

30-Dec-19

13-Sep-19

14-Sep-19

30-Jun-19

15-Oct-19

26-Sep-19

01-Aug-19

05-Dec-19

31-Dec-18

30-Sep-19

29-Aug-19

19-Sep-19

27-Jun-19

01-Feb-19

23-Mar-19

23-May-19

01-Mar-19

23-Aug-19

27-Jun-19

26-Sep-19

14-Nov-19

26-Feb-19

25-Oct-19

06-Jul-19

01-Mar-19

30-Dec-19

27-Jun-19

30-Nov-19

28-Feb-19

01-Aug-19

31-Aug-19

28-Nov-19

24-Oct-19

28-Dec-19

14-Feb-19

12-Dec-19

18-Jul-19

14-Mar-19

29-Mar-19

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

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

23-May-19

31-Oct-19

26-Jul-19

06-Jun-19

31-Oct-19

26-Sep-19

21-Dec-19

19-Sep-19

03-Oct-19

29-Aug-19

14-Jun-19

01-Mar-19

10-Jun-19

19-Apr-19

14-Nov-19

27-Sep-19

31-Mar-19

18-Jul-19

01-Aug-19

07-Nov-19

29-Sep-19

15-Feb-19

24-Oct-19

19-Dec-19

07-Mar-19

03-May-19

31-Dec-18

28-Dec-19

10-Jun-19

03-Oct-19

31-Oct-19

06-Nov-19

23-May-19

14-Mar-19

25-Jan-19

10-May-19

21-Mar-19

08-Aug-19

11-Apr-19

26-Dec-19

31-Dec-19

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

111

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Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

03-Oct-19

09-Mar-19

15-Dec-19

31-Aug-19

27-Mar-19

15-May-19

20-Sep-19

06-Jun-19

29-Sep-19

08-Mar-19

31-Jan-19

29-Jun-19

30-Nov-19

14-Jun-19

08-Nov-19

27-Sep-19

27-Sep-19

30-Jun-19

24-Feb-19

30-Sep-19

30-Jun-19

30-Nov-19

11-Jul-19

05-Jun-19

08-Aug-19

31-Oct-19

05-Aug-19

15-Feb-19

30-Dec-19

08-Aug-19

23-Mar-19

26-Dec-19

11-Nov-19

30-Dec-19

29-Jun-19

26-Dec-19

28-Feb-19

29-Jun-19

29-Sep-19

30-Jun-19

19-Oct-19

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

112

Page 113: Corporate and SME · 2019-01-23 · Rating Update -December 2018 (Update up to 31 December 2018) Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings (Alphabetical

Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

20-Jun-19

26-Apr-19

30-Jun-19

30-Jun-19

20-Jun-19

22-Apr-19

22-Apr-19

22-Apr-19

22-Apr-19

22-Apr-19

24-May-19

20-Jun-19

28-Mar-19

14-Dec-19

11-Jun-19

29-Jun-19

18-Feb-19

31-Jan-19

30-Sep-19

17-Oct-19

15-Apr-19

01-Feb-19

30-Jun-19

30-Dec-19

31-Jan-19

09-Mar-19

19-Sep-19

30-Nov-19

28-Mar-19

18-Jan-19

20-Sep-19

01-Aug-19

01-Aug-19

07-Feb-19

14-Jan-19

10-Aug-19

24-Jan-19

10-May-19

28-Feb-19

14-Nov-19

17-Nov-19

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

113

Page 114: Corporate and SME · 2019-01-23 · Rating Update -December 2018 (Update up to 31 December 2018) Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings (Alphabetical

Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

24-Jan-19

21-Mar-19

21-Nov-19

31-Oct-19

26-Sep-19

01-Aug-19

20-Dec-19

23-Dec-19

21-Jul-19

30-Dec-19

11-Apr-19

11-Apr-19

11-Oct-19

29-Dec-19

10-Aug-19

28-Jan-19

30-Sep-19

31-Dec-19

30-Jun-19

19-Sep-19

23-May-19

15-Dec-19

28-Mar-19

23-Nov-19

15-Sep-19

03-Oct-19

10-Oct-19

16-May-19

18-Apr-19

29-Jun-19

26-Dec-19

19-Mar-19

15-Mar-19

29-Jun-19

26-Mar-19

12-Dec-19

15-Sep-19

13-Mar-19

10-May-19

15-Mar-19

25-Feb-19

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

114

Page 115: Corporate and SME · 2019-01-23 · Rating Update -December 2018 (Update up to 31 December 2018) Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings (Alphabetical

Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

07-Nov-19

29-Aug-19

11-May-19

10-May-19

08-Nov-19

23-May-19

07-Mar-19

23-Nov-19

28-May-19

30-Dec-19

11-Jul-19

10-Aug-19

25-Jul-19

03-May-19

31-Dec-18

30-Jun-19

31-Dec-19

30-Jun-19

31-Dec-19

30-Jun-19

30-Jun-19

31-Dec-19

29-Sep-19

23-Aug-19

29-Nov-19

24-Oct-19

01-Aug-19

05-Sep-19

18-Apr-19

29-Dec-19

30-Dec-19

30-Dec-19

03-Oct-19

31-Mar-19

15-Dec-19

17-May-19

31-Dec-19

24-Jan-19

18-Jul-19

10-Oct-19

09-Nov-19

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

115

Page 116: Corporate and SME · 2019-01-23 · Rating Update -December 2018 (Update up to 31 December 2018) Sl No. Name of Client/Company Company/ Rating Type Entity Loan Ratings (Alphabetical

Rating Update -December 2018 (Update up to 31 December 2018)

RatingValidity**

19-Sep-19

03-Feb-19

10-Sep-19

31-Dec-18

08-Nov-19

24-Feb-19

03-May-19

24-Jan-20

14-Mar-19

14-Dec-19

** 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

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

116