corporate and sme · 2019-01-23 · rating update -december 2018 (update up to 31 december 2018) sl...
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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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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,
91
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,
92
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,
93
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,
94
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,
95
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,
96
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,
97
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,
98
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
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,
100
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,
101
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,
102
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,
103
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,
104
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
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,
106
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
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,
108
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,
109
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,
110
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
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
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
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
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
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