Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
Corporate and SME1 A & B Outwear Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
2 A & J International SME Surveillance CRAB-SE 4 - - -
3 A B Auto Rice Mill SME Surveillance CRAB-SE 3 - - -
4 A B Enterprise SME Initial Rating CRAB-SE 4 - - -
5 A Baki Enterprise SME Initial Rating CRAB-SE 3 - - -
6 A Hossain & Brothers SME Surveillance CRAB-SE 4 - - -
7 A Jabbar Auto Rice Mill SME Surveillance CRAB-SE 3 - - -
8 A K Traders (AAIBL) SME Surveillance CRAB-SE 4 - -
9 A Kashem Timber & S'Mill Corporate Surveillance - - ST-3 -
10 A M Cold Storage Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
11 A N Corporation SME Initial Rating CRAB-ME 4 - - -
12 A R Enterprise (UCBL) SME Surveillance CRAB-SE 4 - - -
13 A S Bricks SME Initial Rating CRAB-SE 4 - - -
14 A S Enterprise SME Surveillance CRAB-ME 2 - - -
15 A S P Enterprise Corporate Surveillance CRAB-SE 3 - - -
16 A Tex International Ltd. corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable
17 AA Synthetic Fibers Mills Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable
18 Abbas Steel House SME Surveillance CRAB-ME 3 - - -
19 ABC Garments Ltd. Corporate Surveillance - - ST-4 -
20 Abdul Ali Filling Station SME Initial Rating CRAB-SE 4 - - -
21 Abdul Aziz Hosiery and Garments SME Initial Rating CRAB-SE 4 - - -
22 Abdul Barek Traders SME Initial Rating CRAB-SE 3 - - -
23 Abdul Basher SME Initial Rating CRAB-SE 4 - - -
24 Abdul Baten & Brothers Corporate Surveillance - BBB2(Lr) ST-3 -
25 Abdul Kaium Traders SME Surveillance CRAB-SE 4 - - -
26 Abdullah Rice Mill Corporate Surveillance - BBB3(Lr) ST-3 -
27 Abdur Rashid SME Initial Rating CRAB-SE 4 - - -
28 Abid Poultry Dairy & Fisheries SME Initial Rating CRAB-SE 3 - -
29 Abir Car Selection Corporate Surveillance - BBB3(Lr) ST-4 -
30 Abir Enterprise SME Initial Rating CRAB-SE 4 - - -
31 Abir Paribahan Sangstha Corporate Surveillance - - ST-3 -
32 Abu Toiyab Enterprise SME Initial Rating CRAB-SE 3 - - -
33 Abul Khair & Others Corporate Surveillance CRAB-ME 3 - - -
34 Abul Khair Ceramic Industries Ltd. Corporate Surveillance A1 - ST-2 Stable
35 Abul Khair Limited Corporate Surveillance AA1 AA1(Lr) ST-1 Stable
36 Abul Khair Steel Industries Ltd. Corporate Surveillance AA1 AA1(Lr) ST-1 Stable
37 Abul Khair Steel Ltd. Corporate Surveillance AA1 AA1(Lr) ST-1 Stable
38 Abul Khair Steel Products Ltd. Corporate Surveillance AA1 AA1(Lr) ST-1 Stable
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
* Short Term loans include both funded and non-funded limits.
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
39 Acme Traders SME Surveillance CRAB-SE 4 - - -
40 Adex Corporation Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable
41 Adex Engineering Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable
42 Adhunik Poshak Shilpa Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable
43 Adiba Enterprise SME Initial Rating CRAB-SE 3 - - -
44 Advance Animal Science Co. Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
45 Advanced Development & Tech. Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable
46 Advanced EPS Technologies Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
47 Advanced Ready Mix Concrete Ind. Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
48 Advanced Technology & Ideas Ltd. Corporate Surveillance - BBB3(Lr) ST-4 -
49 Aegis Spinning Mills Ltd. Corporate Initial Rating BB2 BB2(Lr) ST-3 Stable
50 Afia Enterprise Corporate Surveillance - BB3(Lr) ST-4 -
51 Afif Agro Trading SME Initial Rating CRAB-SE 4 - - -
52 Afrida Fabrics SME Surveillance CRAB-ME 3 - - -
53 Afsana Flour Mills Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -
54 Afsor Ali Bricks SME Initial Rating CRAB-SE 4 - - -
55 Aftab Automobiles Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable
56 Aghraz Trading SME Initial Rating CRAB-ME 3 - - -
57 Agrivision international SME Initial Rating CRAB-SE 4 - - -
58 Agro Resources Company Ltd. Corporate Surveillance - BBB2(Lr) ST-3 -
59 Agrotech Feeds Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
60 Ahammad Cycle Store SME Surveillance CRAB-ME 3 - - -
61 Ahmed Food Products (Pvt.) Ltd. SME Surveillance CRAB-ME 4 - - -
62 Ahmed Store Corporate Surveillance - - ST-3 -
63 Ahmedia Enterprise Corporate Surveillance - BBB3(Lr) ST-3 -
64 Ahsan Fish & Nursery SME Surveillance CRAB-SE 4 - - -
65 Aim International SME Initial Rating CRAB-SE 4 - - -
66 Aimon Enterprise SME Initial Rating CRAB-SE 4 - - -
67 Air Galaxy Ltd. Corporate Surveillance - - ST-2 -
68 AJ Fashions Ltd. Corporate Surveillance - BB1(Lr) ST-4 -
69 Akata Container Carrier Service SME Surveillance CRAB-ME 3 - - -
70 Akco Industries and Cold Storage Ltd. Corporate Surveillance - A2(Lr) ST-2 -
71 Akhil & Brothers Corporate Surveillance - - ST-3 -
72 Akota Auto Rice Mill SME Initial Rating CRAB-SE 4 - - -
73 Akota Fisheries SME Initial Rating CRAB-SE 4 - - -
74 Akram & Sons Corporate Surveillance - - ST-3 -
75 Akter Glass House SME Initial Rating CRAB-SE 4 - - -
76 Al Amin Banijjalay SME Initial Rating CRAB-SE 4 - -
77 Al Amin Enterprise SME Initial Rating CRAB-SE 4 - - -
78 Al Amin Enterprise (IBBL) SME Surveillance CRAB-SE 3 - - -
** 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 - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
79 Al Amin Plywood Industries Ltd. Corporate Surveillance BBB2 BBB2(Lr) - Stable
80 Al Amin Steel SME Initial Rating CRAB-SE 4 - - -
81 Al Amin Textile SME Initial Rating CRAB-SE 4
82 Al Bakara Steel & Co. Corporate Surveillance - BBB3(Lr) ST-3 -
83 Al Emarat Complex SME Initial Rating CRAB-SE 4 - - -
84 Al Mabruk Knittex Ltd. Corporate Initial Rating BB2(Pr) BB2(Lr) - -
85 Al Madina Motors & Electric SME Initial Rating CRAB-SE 4 - - -
86 Al Modina Industries Corporate Surveillance - BB2(Lr) ST-3 -
87 Al Mostafa Printing & Packaging Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable
88 Al Noor Steel Complex Ltd. Corporate Surveillance - A3(Lr) ST-3 -
89 Alam & Brothers SME Initial Rating CRAB-SE 4 - - -
90 Alam & Brothers Furniture Mart SME Initial Rating CRAB-SE 4 - - -
91 Alam & Brothers_Ctg SME Initial Rating CRAB-SE 4 - - -
92 Alam & Co. Corporate Surveillance - BB1(Lr) ST-3 -
93 Alam & Sons SME Initial Rating CRAB-SE 4 - - -
94 Alam Builders SME Initial Rating CRAB-SE 4 - - -
95 Alam Packaging. SME Surveillance CRAB-SE 3 - - -
96 Alam Poultry Feed SME Initial Rating CRAB-SE 4 - - -
97 Alam Store SME Initial Rating CRAB-SE 4 - - -
98 Alamgir Enterprise SME Initial Rating CRAB-SE 4 - - -
99 ALEMA Textiles Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
100 Al-Fatah Publications (Chancellor Publishers) Corporate Surveillance - BBB3(Lr) - -
101 Alfis Ltd. Corporate Surveillance - BBB2(Lr) ST-3 -
102 Ali Enterprise (EXIM) Corporate Surveillance - BB1(Lr) - -
103 Ali Enterprise (SME) SME Initial Rating CRAB-SE 4 - - -
104 Ali Hossain Traders Corporate Surveillance - BBB3(Lr) ST-3 -
105 Alif Auto Bricks Ltd. SME Initial Rating CRAB-ME 4 - - -
106 Alif Auto Rice Mills SME Initial Rating CRAB-SE 3 - - -
107 Alif Properties Ltd. SME Initial Rating CRAB-ME 3
108 Alif Traders SME Surveillance CRAB-ME 3 - - -
109 Alif Vision Ltd. SME Surveillance CRAB-SE 4 - - -
110 Alim Knit Wears Ltd. Corporate Surveillance BB1 BB1(Lr) ST-3 Stable
111 Allar Dan Aluminium Factory SME Initial Rating CRAB-SE 3 - - -
112 Alpha Plastics & Packaging Corporate Initial Rating - BBB3(Lr) ST-4 -
113 Alps Apparels Ltd(Knit)A Corporate Initial Rating - BB2(Lr) ST-4 -
114 Aman Agro Industries Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
115 Aman Associates Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable
116 Aman Breeders Ltd. Corporate Initial Rating A3 A3(Lr) - Stable
117 Aman Cement Mills Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable
118 Aman Cement Mills Unit-2 Ltd. Corporate Surveillance - BBB2(Lr) - -
119 Aman Cold Storage Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
3
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
120 Aman Cotton Fibrous Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable
121 Aman Electronics SME Surveillance CRAB-SE 3 - - -
122 Aman Feed Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable
123 Aman Jute Fibrous Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
124 Aman Poultry & Hatchery Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
125 Aman Seeds Storage Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
126 Aman Tex-2 Ltd. Corporate Initial Rating BBB1 BBB1(Lr) ST-3 Stable
127 Aman Trading Corporation Corporate Surveillance - BBB1(Lr) ST-3 -
128 AMC Knit Composite Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
129 Amena Traders SME Initial Rating CRAB-SE 4 - - -
130 Amena Trading SME Initial Rating CRAB-ME 3 - - -
131 Amin Cloth Store SME Initial Rating CRAB-ME 4 - - -
132 Amin Plastic Industries SME Initial Rating CRAB-SE 4 - - -
133 Amin Traders (IBBL) Corporate Surveillance - - ST-4 -
134 Amin Traders (UCBL) SME Surveillance CRAB-SE 4 - - -
135 Amir Sweaters & Fabrics Ltd. SME Surveillance CRAB-SE 4 - - -
136 Amotex Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable
137 Amran Textile SME Surveillance CRAB-SE 4
138 Anannya Traders Corporate Surveillance - BBB3(Lr) ST-3 -
139 Ananta Apparels Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable
140 Ananta Casul Wear Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable
141 Ananta Denim Technology Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable
142 Ananta Paper Mills Ltd. Corporate Surveillance - AA3(Lr) ST-2 -
143 Angelic Print Sharee Corporate Surveillance - - ST-3 -
144 Anha Enterprise SME Initial Rating CRAB-SE 4 - - -
145 Ani Enterprise SME Surveillance CRAB-SE 4 - - -
146 Anik Composite Mills Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
147 Anika Steel SME Surveillance CRAB-SE 4 - - -
148 Anis Navigation SME Initial Rating CRAB-SE 3 - - -
149 Anjali Vander Auto Rice Mill SME Initial Rating CRAB-SE 4 - - -
150 Anjuman Garments Pvt. Ltd. Corporate Initial Rating - - ST-4 -
151 Anokul Traders Corporate Surveillance - BBB3(Lr) ST-3 -
152 Anon & Brothers SME Surveillance CRAB-SE 4 - - -
153 Anondo Enterprise SME Initial Rating CRAB-SE 4 - - -
154 Anowara Textile Mills SME Surveillance CRAB-SE 3 - - -
155 Anowara Traders SME Surveillance CRAB-SE 4 - - -
156 Anupam Fashion Wear Ltd. Corporate Surveillance - BB3(Lr) ST-4 -
157 Anwar Enterprise Corporate Surveillance - - ST-3 -
158 Anwar Trading SME Surveillance CRAB-SE 3 - - -
159 Anwar Trading (IBBL) Corporate Surveillance - - ST-3 -
160 Anwara Ispat Corporate Surveillance - BBB3(Lr) - -
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
4
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
161 Anwara Mannan & Sons SME Surveillance CRAB-SE 3 - - -
162 Anwara Mannan Textile Mills Corporate Surveillance A3 A3(Lr) ST-3 Stable
163 Anwer Khan Modern Hospital Ltd. Corporate Surveillance - A3(Lr) ST-3 -
164 Apex Foods Ltd. Corporate Surveillance A2 A2(Lr) ST-1, ST-3 Stable
165 Apex Lingerie Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable
166 Apex Spinning & Knitting Mills Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable
167 Apex Textile Printing Mills Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable
168 Apex Yarn Dyeing Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable
169 Apon Traders SME Surveillance CRAB-SE 4 - -
170 Apparel Export Ltd. Corporate Initial Rating - - ST-1, ST-3 -
171 Appollo Ispat Complex Ltd. corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
172 Apurbo Electrical Industries Ltd. SME Surveillance CRAB-ME 3 - - -
173 Arab Feed Mills SME Initial Rating CRAB-ME 3 - - -
174 Arab Fisheries SME Initial Rating CRAB-ME 3 - - -
175 Araf Enterprise SME Initial Rating CRAB-SE 4 - - -
176 Arafat Enterprise Corporate Surveillance - BB1(Lr) ST-4 -
177 Arafat Library SME Initial Rating CRAB-SE 4 - - -
178 Arafat Smilo Trading & It's Sister Concern SME Initial Rating CRAB-SE 4 - - -
179 Arco Cold Storage Ltd. Corporate Surveillance - BB3(Lr) ST-4 -
180 Arif Bricks & Manufacturing (Unit-2) SME Initial Rating CRAB- ME 4 - - -
181 ARL Ship Breaking Ltd. Corporate Surveillance - BB1(Lr) ST-4 -
182 Arman Textile SME Initial Rating CRAB-SE 4 - - -
183 Arnaaz Fashion SME Initial Rating CRAB-SE 3 - - -
184 ARS Properties Ltd. Corporate Surveillance BB1 BB1(Lr) ST-3 Stable
185 ARS Washing Ltd. SME Surveillance CRAB-SE 4 - - -
186 Aryan Stone and Marble Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
187 Asad Chanachur Factory SME Surveillance CRAB-SE 3 - - -
188 Asaduzzaman Traders SME Initial Rating CRAB-SE 4 - - -
189 Asfi Labels Ltd. SME Initial Rating CRAB-SE 4 - - -
190 Ashrafi Textile Corporate Initial Rating - BBB3(Lr) - -
191 Asia Enterprise Corporate Surveillance - - ST-3 -
192 Asia Industries (Pvt) Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
193 Asian Apparels Limited. Corporate Surveillance A2 A2(Lr) ST-3 Stable
194 Asif Bricks SME Initial Rating CRAB-SE 4 - - -
195 Asif Traders SME Surveillance CRAB-SE 3 - - -
196 Aslam Enterprise SME Initial Rating CRAB-SE 4 - - -
197 ASS Knitwear Ltd. Corporate Surveillance - BB3(Lr) ST-4 -
198 Assadakat Trade International SME Initial Rating CRAB-SE 4 - - -
199 Asset Development & Holdings Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable
200 Assurance Developments Ltd. Corporate Initial Rating A2 A2(Lr) ST-3 Stable
201 AST Beverage Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
5
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
202 Astro Pharmaceuticals Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-3 Stable
203 Astro Trading Ltd. SME Initial Rating CRAB-SE 3 - - -
204 Atlantic Packaging Ltd. SME Initial Rating CRAB-ME 4 - - -
205 Atlas Toiletries Ltd. SME Initial Rating CRAB-SE 3 - - -
206 ATS Pearl Ltd. Corporate Surveillance - BBB1(Lr) ST-4 -
207 Australia Bangla Solar Power Ltd. Corporate Initial Rating - BBB3(Pr) - -
208 Auto Motor Importing Corporate Surveillance - BB2(Lr) ST-4 -
209 Avenger Textils Ltd. Corporate Initial Rating - BBB3(Lr) ST-3 -
210 Avi Enterprise & It's Sister Concern) SME Initial Rating CRAB-ME 4 - - -
211 Aviation Support Ltd. Corporate Initial Rating - BB1(Lr) ST-1 -
212 Awal Store Corporate Surveillance - - ST-3 -
213 Ayesha Jute Fibres Ltd. Corporate Surveillance - BB1(Lr) ST-4 -
214 Ayez Uddin Chaul Kal SME Surveillance CRAB-SE 3 - - -
215 Ayubpur Textile Mills Ltd. Corporate Surveillance BBB2 BBB2(Lr) - Stable
216 Azad Particle Board Mills Corporate Surveillance - BBB2(Lr) ST-3 -
217 Azad Pulp & Paper Mills Corporate Surveillance - BBB2(Lr) ST-3 -
218 Azad Store SME Surveillance CRAB-ME 3 - - -
219 Azad Syndicate and It's Sister Concern SME Initial Rating CRAB-ME 4 - - -
220 Azad Twist Thread Mills Corporate Surveillance - BBB2(Lr) ST-3 -
221 Azim Boiler & Rice Mill SME Surveillance CRAB-SE 4 - - -
222 Aziz Machinery & Tools and Its Sister Concern SME Initial Rating CRAB-SE 4 - - -
223 Aziz Traders SME Initial Rating CRAB-SE 4 - - -
224 Azizia Trade International Limited SME Initial Rating CRAB-ME 4 - - -
225 Azmi Foods Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
226 Azmir Shopping Centre SME Surveillance CRAB-SE 3 - - -
227 Azna and Azna SME Initial Rating CRAB-ME 4 - - -
228 B H Builders Ltd. Corporate Initial Rating - BBB3(Lr) - -
229 B P Enterprise SME Initial Rating CRAB-SE 4 - - -
230 Baba Industries SME Initial Rating CRAB-SE 4 - - -
231 Babar Doa Enterprise SME Initial Rating CRAB-ME 4 - - -
232 Badal & Brothers SME Initial Rating CRAB-SE 4 - - -
233 Badal Mia SME Surveillance CRAB-SE 4 - - -
234 Badsha Rice & Ata Mill SME Initial Rating CRAB-SE 4 - - -
235 Baishakhi Enterprise SME Initial Rating CRAB-SE 4 - - -
236 Bakkar Traders SME Surveillance CRAB-SE 3 - - -
237 Bakkar Trading SME Surveillance CRAB-SE 4 - - -
238 Baktiar Enterprise SME Surveillance CRAB-SE 3 - - -
239 Baly Garments SME Surveillance CRAB-ME 4 - - -
240 Bandar Steel Industries Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable
241 Banga Dredgers Ltd. Corporate Surveillance - BBB3(Lr) ST-4 -
242 Bangla Chemical SME Surveillance CRAB-SE 3 - - -
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
6
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
243 Bangla Foils Ltd. corporate Surveillance - BBB3(Lr) ST-3 -
244 Bangla Printing & Packaging Industries SME Initial Rating CRAB-SE 4 - - -
245 Bangladesh Army International University of Science & TechnologyCorporate Initial Rating - BBB2(Lr) - -
246 Bangladesh Army University of Engineering & TechnologyCorporate Initial Rating - BBB2(Lr) - -
247 Bangladesh Army University of Science & Technology Corporate Initial Rating BBB2 - - Stable
248 Bangladesh Development Company Limited Corporate Surveillance BBB3 - - Negative
249 Bangladesh Industrial Gases Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable
250 Bangladesh Techno Rise Ltd. Corporate Initial Rating BBB3 - ST-3 Stable
251 Bangladesh Technosity Ltd. - For Review Corporate Initial Rating - A3(Lr) - -
252 Baraka Power Ltd. Corporate Surveillance AA2 AA2(Lr) ST-3 Stable
253 Baridhi Garments Ltd. Corporate Initial Rating BBB1 BBB1(Lr) ST-3 Stable
254 Barkat Hardware Tools SME Initial Rating CRAB-SE 4 - - -
255 Base Technologies Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable
256 Bashir Traders Corporate Surveillance - BBB3(Lr) ST-3 -
257 Bashundhara Dredging Company Ltd. Corporate Surveillance - BBB2(Lr) ST-3 -
258 Bashundhara Food & Beverage Ind. Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable
259 Bashundhara Industrial Complex Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable
260 Bashundhara LP Gas Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
261 Bashundhara Multi Paper Industries Ltd. Corporate Surveillance - BBB1(Lr) ST-3 -
262 Bashundhara Paper mills ltd. Corporate Initial Rating AA3 AA3(Lr) ST-3 Stable
263 Basori Auto Rice Mill Corporate Surveillance - BB1(Lr) ST-4 -
264 Basundhara Fabrics SME Initial Rating CRAB-SE 3 - - -
265 Bata Shoe Company (Bangladesh) Ltd. corporate Surveillance AAA - ST-1 Stable
266 Bay Developments Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable
267 Bayoua Auto Rice Mill SME Initial Rating CRAB-SE 4 - - -
268 BCL Cold Storage Ltd. SME Surveillance CRAB-SE 4 - - -
269 BCL Paper Mills Ltd. Corporate Surveillance - BB3(Lr) ST-4 -
270 BD Corporation & Allied Concern Corporate Surveillance - BBB2(Lr) ST-3 -
271 BD Foods Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable
272 BD Knit Design Ltd. Corporate Surveillance - BB2(Lr) ST-4 -
273 BD Sea Food Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
274 BDS Alliance Ltd. Corporate Initial Rating BB2 - - Stable
275 Beacon Knitwear Ltd. Corporate Initial Rating - A2(Lr) - -
276 Belal & Brothers Chaul Kall SME Initial Rating CRAB-SE 4 - - -
277 Belal Store SME Initial Rating CRAB-SE 4 - - -
278 Belal Traders SME Surveillance CRAB-SE 4
279 Bemisal Enterprise Corporate Surveillance - - ST-3 -
280 Bengal Auto Rice Mill Corporate Surveillance - BBB3(Lr) - -
281 Bengal Indigo Ltd. Corporate Initial Rating BBB3 - ST-3 ST-1 Stable
282 Bengal Meat Processing Ind. Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable
283 Bengal NFK Textile Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
7
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
284 Bengal Pacific (Pvt.) Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
285 Bengal Technological Corporation Ltd. Corporate Surveillance BBB3(Pr) BB2(Lr) ST-4 -
286 Bengal Tiles & Sanitary SME Surveillance CRAB-SE 4 - - -
287 Bengal Trading Co. SME Surveillance CRAB-SE 2 - - -
288 Bengal Windsor Thermoplastics Ltd. Corporate Surveillance AA3 AA1(Lr) ST-2 Stable
289 Best Shirts Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable
290 Best Steel Industries Ltd. Corporate Surveillance - BBB2(Lr) ST-3 -
291 Best Wool Sweaters Ltd. Corporate Surveillance A2 A2(Lr) ST-1, ST-3 Stable
292 Besta Apparels SME Initial Rating CRAB-ME 4
293 Bhai Bhai Machinaries SME Initial Rating CRAB-SE 4 - - -
294 Bhai Bhai Trade International SME Initial Rating CRAB-SE 3 - - -
295 Bhatiary Metal Enterprise SME Initial Rating CRAB-SE 4 - - -
296 Bhawal Construction Corporate Surveillance - BB2(Lr) ST-3 -
297 Bhuiyan & Brothers Corporate Surveillance - - ST-3 -
298 Bhuiyan Bricks SME Initial Rating CRAB-SE 4 - - -
299 BIDCO Corporate Surveillance - A3(Lr) ST-1, ST-3 -
300 Big Boss Corporation Ltd. Corporate Initial Rating BBB2 BBB2(Lr) ST-3 Stable
301 Bikrampur Potato Flakes Ind. Ltd. Corporate Surveillance - A3(Lr) ST-3 -
302 Binimoy Enterprise Corporate Surveillance - BB2(Lr) - -
303 Bismillah Aluminum Works Corporate Surveillance - BBB1(Lr) - -
304 Bismillah Automatic Rice Mills Corporate Surveillance - BBB3(Lr) ST-3 -
305 Bismillah Enterprise Corporate Surveillance - BB1(Lr) ST-4 -
306 Bismillah Iron Store. Corporate Surveillance - - ST-3 -
307 Bismillah Moshari Store Corporate Surveillance - BBB2(Lr) - -
308 Biswas Traders & VIP Rice Mills Corporate Surveillance - BBB2(Lr) ST-3 -
309 Biva Apparel (Pvt.) Ltd. Corporate Initial Rating - - ST-3 -
310 Blue Sky Enterprise Corporate Initial Rating - BBB2(Lr) ST-3 -
311 Bogra Electric & Engineering Works SME Initial Rating CRAB-ME 4 - - -
312 Bogra Motors (Pvt) Ltd. Corporate Surveillance - BB1(Lr) ST-3 -
313 Boishakhi Automatic Rice Mills Corporate Surveillance - BBB2(Lr) ST-4 -
314 Bonafide Knitting Mills Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable
315 Bonanza Trade Marketing Corporate Surveillance - BB1(Lr) ST-4 -
316 Bonded Fashion Ltd. Corporate Surveillance - B3(Lr) ST-5 -
317 Bookman Printers & Publications Corporate Surveillance - BBB3(Lr) ST-3 -
318 Boras Knitwear Ltd. SME Surveillance CRAB-ME 4 - - -
319 Boutique Fashion SME Initial Rating CRAB-SE 3 - - -
320 Brahmmaputra Printing & Packaging SME Surveillance CRAB-SE 4 - - -
321 Bright Technologies Ltd. Corporate Surveillance CRAB-SE 4 - - -
322 Brilliant Library SME Surveillance CRAB-SE 3 - - -
323 Brother Flour Mill SME Initial Rating CRAB-SE 4 - - -
324 Brothers Enterprise SME Initial Rating CRAB-SE 4 - - -
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
8
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
325 Brothers Hardware & Paint SME Surveillance CRAB-SE 4 - - -
326 BSM Food Products Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-3 Stable
327 BSM Syndicate Corporate Surveillance - - ST-3 -
328 Building Construction Ltd. Corporate Surveillance - BB3(Lr) ST-4 -
329 Building Technology & Ideas Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable
330 Bulbul General Electronics SME Surveillance CRAB-SE 3 - - -
331 Business Communication SME Surveillance CRAB-SE 4 - - -
332 Butterfly Marketing Ltd. Corporate Surveillance A2 - ST-2 Stable
333 C & A Agro Ltd. Corporate Initial Rating - BBB3(Lr) - -
334 Caco Chemical Industries Ltd. Corporate Surveillance BBB3(Pr) - - -
335 Camy Electrical Industries SME Surveillance CRAB-SE 2 - - -
336 Car Selection Corporate Surveillance - BBB1(Lr) ST-3 -
337 Celluler Mobile Pte Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
338 Center Point SME Initial Rating CRAB-ME 4 - - -
339 Centro Tex Ltd. Corporate Surveillance BB1 BB1(Lr) ST-1 Stable
340 Century Engineering and Tube Industries SME Initial Rating CRAB-SE 4 - - -
341 Ceramics World SME Surveillance CRAB-SE 3 - - -
342 Charm Fashion Corporate Surveillance - BBB3(Lr) ST-3 -
343 Chauddagram Auto Rice Mill SME Surveillance CRAB-SE 4 - - -
344 Cherry Knitwear Ltd. Corporate Surveillance - BBB2(Lr) ST-3 -
345 Chistya CNG Refueling & Conversion Ltd. SME Surveillance CRAB-SE 4 - - -
346 Chitra Agro Farm SME Surveillance CRAB-ME 4 - - -
347 Chittagong Asian Apparels Limited. Corporate Surveillance A2 A2(Lr) ST-3 Stable
348 Chittagong Asian Paper Mills (Pvt.) Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable
349 Chittagong Electric Manfg. Co. Ltd. Corporate Surveillance BB2 BB2(Lr) ST-4 Stable
350 Chittagong Metal Store SME Surveillance CRAB-SE 4 - - -
351 Chittagong Trading SME Initial Rating CRAB-SE 3 - - -
352 Chittagong Waste Treatment Plants Ltd. Corporate Surveillance - BB1(Lr) ST-4 -
353 Choice Crokeries & Gift Centre SME Surveillance CRAB-SE 4 - - -
354 Chowdhury Agro Fisheries SME Initial Rating CRAB-SE 3 - - -
355 Chowdhury Enterprise SME Initial Rating CRAB-SE 4 - - -
356 Chowdhury Enterprise (IBBL) Corporate Surveillance - - ST-3 -
357 Chowdhury Himagar Ltd. SME Initial Rating CRAB-ME 4 - - -
358 Chung Hua Aluminium Industry Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable
359 City Dal Mills Ltd. Corporate Surveillance AA1 AA1(Lr) ST-2 Stable
360 City Feed Products Ltd. Corporate Surveillance AA1 AA1(Lr) ST-2 Stable
361 City Navigations Ltd. Corporate Surveillance AA1 AA1(Lr) ST-2 Stable
362 City Seed Crushing Industries Ltd. Corporate Surveillance AA1 AA1(Lr) ST-2 Stable
363 City Sugar Industries Ltd. Corporate Surveillance AA1 AA1(Lr) ST-2 Stable
364 City Trading Corporation SME Initial Rating CRAB-SE 3 - - -
365 Clamoon Garments Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
9
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
366 Classic Center SME Surveillance CRAB-SE 2 - - -
367 Combined Food & Cold Storage Ltd. Corporate Surveillance - A2(Lr) ST-2 -
368 Comfit Composite Knit Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable
369 Comfort Inn SME Initial Rating CRAB-ME 3 - - -
370 Communications Technology SME Initial Rating CRAB-SE 4 - - -
371 Compustar (Pvt) Ltd. Corporate Surveillance BB1 BB1(Lr) ST-4 Stable
372 Concord Creations Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable
373 Confidence Ltd. SME Surveillance CRAB-SE 4 - - -
374 Confidence Power Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable
375 Confidence Trade Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
376 ConnectBD Ltd. SME Surveillance CRAB-ME 2 - - -
377 Continental Garments Industries (Pvt.) Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
378 Cooltech Corporation SME Initial Rating CRAB-ME 3 - - -
379 Corolla Corporation (BD) Ltd. Corporate Surveillance BBB2 BBB2(Lr) - Stable
380 Cosmopolitan Industries Pvt. Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable
381 Cosmos Enterprise Corporate Surveillance - BB1(Lr) ST-4 -
382 CP Bangladesh Co. Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable
383 Craft Castle SME Surveillance CRAB-ME 3
384 Crazy Fashions Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
385 Creative Zone SME Surveillance CRAB-SE 4 - - -
386 Crony Apparels Ltd. Corporate Initial Rating BBB2 BBB2(Lr) ST-3 Stable
387 Crossline Factory (Pvt.) Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
388 Crossline Knit Fabrics Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
389 Crown Cement Concrete & Building Products Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable
390 Crown Fashion & Sweater Ind. Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable
391 Crown Mariners Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
392 Crown Metal Merchandising Corporate Surveillance - BBB3(Lr) ST-3 -
393 Crown Polymer Bagging Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable
394 Crown Trading Corporation SME Initial Rating CRAB-SE 3 - - -
395 Crown Transportation Logistics Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable
396 Crown Wool Wear Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable
397 CSF Garments (Pvt.) Ltd. Corporate Initial Rating - - ST-4 -
398 Cutting Edge Garments Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable
399 D K Apparels Ltd. SME Surveillance CRAB-ME 4 - - -
400 D M Corporation SME Initial Rating CRAB-SE 4 - - -
401 D S Fashion Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -
402 Daeyu Bangladesh Ltd. Corporate Surveillance BB1 BB1(Lr) ST-3 Stable
403 DAF Accessories Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
404 Daf PP Industries Ltd. Corporate Surveillance BB2 - ST-4 Negative
405 DAL Knitwear Ltd. Corporate Surveillance - A3(Lr) ST-3 -
406 Danish Condensed Milk Bangladesh Ltd. Corporate Surveillance - AA2(Lr) ST-2 -
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
10
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
407 Danish Foods Ltd. Corporate Surveillance - A3(Lr) ST-3 -
408 Daveed Enterprise Ltd. SME Surveillance CRAB-SE 4 - - -
409 DBS & Co. (Dhaka Bricks Supply & Co.) SME Surveillance CRAB-ME 3 - - -
410 Decent Pharma Laboratories Ltd. Corporate Surveillance - BB2(Lr) ST-4 -
411 Deen Paper Converting & Packaging Ltd. Corporate Surveillance - BB1(Lr) ST-4 -
412 Deepa Food Products Ltd. Corporate Surveillance AA1 AA1(Lr) ST-2 Stable
413 Deepa Sea Food Ltd. Corporate Initial Rating BBB3(Pr) - - -
414 Dekko Knitwears Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable
415 Delmas Apparels (Pvt.) Ltd. Corporate Initial Rating BB1 BB1(Lr) ST-3 Stable
416 Delta Hospital Ltd. (Surveillance) Corporate Surveillance A3 A3(Lr) ST-3 Stable
417 Delwar Enterprise SME Initial Rating CRAB-SE 3 - - -
418 Denim Expert Ltd. corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
419 Denison Attires Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-1, ST-3 Stable
420 Desh Cotton Mills Corporate Surveillance - BB2(Lr) ST-4 -
421 Desh Ship Building Engineering Ltd. Corporate Surveillance - BB1(Lr) ST-4 -
422 Dewan Electronics SME Initial Rating CRAB-SE 4 - - -
423 Dewan Metal Corporation SME Initial Rating CRAB-SE 3 - - -
424 Dhaka Community Hospital Trust Corporate Surveillance - BBB1(Lr) ST-3 -
425 Dhaka Hongkong Thread Ind. Ltd. SME Surveillance CRAB-SE 4 - - -
426 Dhaka PET Enterprise Corporate Surveillance - - ST-4 -
427 Diamond City SME Initial Rating CRAB-SE 4 - - -
428 Diamond Jute Diversification & Co. SME Surveillance CRAB-SE 3 - - -
429 Diba Textile SME Initial Rating CRAB-SE 4 - - -
430 Digilab Medical Service Ltd. Corporate Surveillance - BB2(Lr) ST-4 -
431 Digital Power and Associates Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable
432 Dip Knitwear Ltd. Corporate Surveillance - BB1(Lr) ST-1 -
433 Divine Design Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
434 Doly Enterprise SME Initial Rating CRAB-SE 4 - - -
435 DongA Leather Ltd. Corporate Surveillance - - ST-5 -
436 Doreen Power Generations & Sys. Ltd. Corporate Surveillance AA2 AA2(Lr) ST-1 Stable
437 Doreen Power House & Technologies Ltd. Corporate Surveillance AA2 AA2(Lr) ST-1 Stable
438 Doyel Engineering Works SME Surveillance CRAB-SE 3 - - -
439 Doyel Metal Industries SME Surveillance CRAB-SE 3 - - -
440 Dragoni Fashions Ltd. Corporate Surveillance - - ST-3 -
441 Dresden Textile Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
442 Dulal Store SME Surveillance CRAB-SE 3 - - -
443 Durjoy Enterprise SME Surveillance CRAB-SE 4 - - -
444 Dutch Bangla Power & Associates Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable
445 Dysin-Chem Limited Corporate Surveillance BBB3 BBB3(Lr), AA3(Lr) ST-3 Stable
446 E H Enterprise SME Surveillance CRAB-SE 4 - - -
447 Earth Footwear Ltd. Corporate Surveillance BB1 BB1(Lr) ST-4 Stable
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
11
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
448 Easin Flour Mill Corporate Surveillance - BBB3(Lr) ST-3 -
449 East Asia Trading SME Surveillance CRAB-ME 3 - - -
450 East West Property Development Co. Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable
451 Eastern Associate SME Surveillance CRAB-ME 4 - - -
452 Eastern Logistics Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-3 Stable
453 ECPV Chittagong Ltd. Corporate Surveillance BB1(Pr) A2(Lr) ST-3 Stable
454 Edotco bangladesh Co. Ltd. Corporate Initial Rating A2 A2(Lr) ST-2 Stable
455 Ejaj Store SME Surveillance CRAB- SE 3 - - -
456 Electrical & Electronics Company Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable
457 Electro Battery Company Ltd. Corporate Surveillance BBB2 - ST-3 Stable
458 Electro Led & Light Ltd. Corporate Initial Rating BBB3 - ST-4 Stable
459 Electro Mart Ltd. Corporate Surveillance - BBB3(Lr) ST-4 -
460 Electro Mechanical Service Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
461 Electro Solar Power Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable
462 Electro Transformer & Switchgear Co. Ltd. Corporate Initial Rating BBB3 - ST-4 Stable
463 EM Power Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
464 Empire Dyeing Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
465 Enam Enterprise SME Initial Rating CRAB-SE 3 - - -
466 Enayetpur Spinning Mills Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable
467 Energis Power Corporation Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable
468 Envoy Textiles Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable
469 Epic Garments & Manufacturing Co. Ltd. Corporate Surveillance AA1 AA1(Lr) ST-2 Stable
470 Epyllion Fabrics Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable
471 Epyllion Knitex Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable
472 Epyllion Knitwears Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable
473 Epyllion Limited Corporate Surveillance A1 A1(Lr) ST-3 Stable
474 Epyllion Style Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable
475 Eque Paper Mills Ltd. Corporate Initial Rating - BBB3(Lr) ST-4 -
476 Era Construction Corporate Surveillance - BBB3(Lr) ST-3 -
477 Erfan Traders Corporate Surveillance - BBB2(Lr) ST-3 -
478 Ershad & Sons Ltd. Corporate Initial Rating - A3(Lr) ST-3 -
479 Esack Brothers Industries Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable
480 Eshan Agro & Food SME Surveillance CRAB-SE 3 - - -
481 Esquire Accessories Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
482 Esquire Dyeing Industries Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable
483 Esquire Electronics Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable
484 Esquire Knit Composite Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable
485 Esquire Plastics Ltd. Corporate Initial Rating - BBB3(Lr) ST-4 -
486 Etasia Interlinings Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
487 Ethical Garments Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Positive
488 Euro Label Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
12
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
489 Euro Printers Ltd. SME Initial Rating CRAB-ME 4 - - -
490 Europa Cold Storage Ltd. Corporate Surveillance - A2(Lr) ST-3 -
491 Eurozone Fashion Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable
492 Everest Enterprise Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable
493 Excel Trade International SME Initial Rating CRAB-SE 4
494 Exotic Knit Apparels Ltd. SME Initial Rating CRAB-ME 3 - - -
495 F A Enterprise SME Initial Rating CRAB-ME 3 - - -
496 F M Rubber & Chemical SME Surveillance CRAB-SE 4 - - -
497 F M Steel House SME Initial Rating CRAB-SE 3 - - -
498 F R Chaul Kal SME Initial Rating CRAB-SE 4 - - -
499 F Rahman Tea Co. Ltd. Corporate Surveillance BBB3 A3(Lr) - Stable
500 Fab-Con Textile Mills Ltd. Corporate Surveillance - A2(Lr) ST-3 -
501 Fabian Industries Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
502 Fabitex Industries Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable
503 Fahad Enterprise SME Surveillance CRAB-SE 4 - - -
504 Fahim Cottage Industries SME Initial Rating CRAB-SE 4 - - -
505 Fahim Traders SME Surveillance CRAB-ME 3 - - -
506 Fairytale Automobiles SME Surveillance CRAB-SE 3 - - -
507 Faisal Textile SME Initial Rating CRAB-SE 3 - - -
508 Faiz Electronics SME Initial Rating CRAB-SE 4 - - -
509 Fakir Flour & Daul Mill Corporate Surveillance - BBB3(Lr) ST-3 -
510 Fame Apparels Ltd. corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable
511 Fame Design Ltd. corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable
512 Farib Auto Rice Mill SME Surveillance CRAB-SE 4 - - -
513 Farid Ahmed Corporate Surveillance - - ST-4 -
514 Farid Uddin & Sons Corporate Surveillance - BB1(Lr) ST-3 -
515 Farjana Textile & Printing Processing (Pvt) Ltd. SME Surveillance CRAB-ME 4 - - -
516 Farseeing Knit Composite Ltd. Corporate Surveillance - BBB3(Lr) ST-4 -
517 Faruk Textile SME Initial Rating CRAB-ME 3 - - -
518 Farzana Oil Refineries Ltd. Corporate Surveillance AA1 AA1(Lr) ST-2 Stable
519 Fashion Flash Ltd. Corporate Surveillance - - ST-1,ST-3 -
520 Fashion Makers Corporate Surveillance - BBB3(Lr) ST-3 -
521 Fashion Plastic & Packaging Ltd. Corporate Surveillance AA1 AA1(Lr) ST-1 Stable
522 Fashion World Boutique House SME Initial Rating CRAB-SE 4 - - -
523 Fashion.Com Ltd. Corporate Initial Rating - - ST-4 -
524 Fast Corporation (Pvt.) Ltd. Corporate Surveillance BB2 BB2(Lr) ST-4 Stable
525 Faststream Logistics Ltd. Corporate Surveillance - BB1(Lr) - -
526 Fatema Traders SME Initial Rating CRAB-SE 3 - - -
527 Fazal & Brothers SME Surveillance CRAB-SE 4 - - -
528 Federal Air Cargo Corporate Surveillance - BBB3(Lr) ST-4 -
529 Federal Motors Ltd. Corporate Surveillance - BBB3(Lr) ST-4 -
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
13
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
530 Federate Ltd. SME Initial Rating CRAB-SE 4
531 Feel Drinking Water Ltd. Corporate Initial Rating - BBB3(Pr) - -
532 Ferdaous Steel Corporation Corporate Surveillance - BB1(Lr) ST-4 -
533 Fiat Fashion Ltd. Corporate Surveillance BB1 BB1(Lr) ST-3 Stable
534 Fiber@Home Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable
535 Fifo Auto Rice Mill Ltd. SME Initial Rating CRAB-ME 4 - - -
536 First Iron & Steel Trading SME Surveillance CRAB-SE 3 - - -
537 Five Star Ice & Clod Storage Ltd. Corporate Surveillance - A2(Lr) ST-3 -
538 Five Star Unity Bhaban SME Initial Rating CRAB-SE 4 - - -
539 Flora Enterprise SME Initial Rating CRAB-SE 4 - - -
540 Flora Limited Corporate Surveillance A3 A3(Lr) ST-3 Stable
541 Florescent Apparels Ltd. Corporate Initial Rating BBB1 - - Stable
542 FMC Group (Bangladesh) Ltd. Corporate Surveillance BBB1 BBB1(Lr) - Stable
543 Fortune Apparels Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
544 Four H Apparels Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable
545 Four H Dyeing & Printing Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
546 Four H Fashion Ltd. Corporate Surveillance A1 A1(Lr) ST-2 Stable
547 Four H Lingerie Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
548 Fraternity Accessories Ltd. SME Surveillance CRAB-SE 4 - - -
549 Fraternity Packaging Industries Ltd. SME Surveillance CRAB-SE 4 - - -
550 Fresh Apparels Ltd. Corporate Surveillance BB1 BB1(Lr) ST-4 Stable
551 Friends & Friends Apparels (Pvt) Ltd. Corporate Surveillance - BB3(Lr) ST-4 -
552 Friends Chemitec Corporate Surveillance - BB1(Lr) ST-4 -
553 Friends Cloth Store SME Initial Rating CRAB-SE 3 - - -
554 Friends International SME Initial Rating CRAB-SE 4 - - -
555 Friends Multi Trade Company Corporate Surveillance - BBB1(Lr) ST-4 -
556 Friends Timber Suppliers & Furniture Mart SME Initial Rating CRAB-ME 4 - - -
557 Fulel Food Products SME Initial Rating CRAB-ME 3 - - -
558 Fulpur Knit & Garments Ltd. Corporate Surveillance - B1(Lr) ST-5 Stable
559 Fu-Wang Ceramic Industry Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
560 G R Enterprise SME Initial Rating CRAB-SE 4 - - -
561 G R Traders SME Surveillance CRAB-SE 3 - - -
562 Gabtoli Construction SME Initial Rating CRAB-SE 4 - - -
563 Gaine Mart SME Initial Rating CRAB-SE 4 - - -
564 Galaxy Aviation Services Ltd. Corporate Surveillance - A3(Lr) ST-2 -
565 Galaxy Facilitation Service Ltd. Corporate Surveillance - A3(Lr) - -
566 Galaxy Holidays Ltd. Corporate Surveillance - - ST-2 -
567 Galaxy Hotels & Resorts Ltd. Corporate Surveillance - BBB3(Lr) - -
568 Galaxy Lines Ltd. Corporate Surveillance - - ST-2 -
569 Galaxy Travel International Corporate Surveillance - - ST-2 -
570 Galaxy World Logistic Ltd. Corporate Surveillance - A3(Lr) ST-2 -
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
14
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
571 Galco Steel (Bangladesh) Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable
572 Gallant Fashion Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
573 Gani Flour Mills & Industries SME Surveillance CRAB-SE 3 - - -
574 Garib-E-Newaz Clod Storage Ltd. Corporate Surveillance - A2(Lr) ST-3 -
575 Gateway Real Estate Development Corporate Surveillance - BB1(Lr) - -
576 Gawsia Corporation Ltd. Corporate Surveillance - - ST-3 -
577 Gawsia Hardware SME Initial Rating CRAB-SE 4 - - -
578 GBX Logistics Ltd. Corporate Surveillance - A3(Lr) ST-2 -
579 Gemini Fashions (PVT) Ltd. Corporate Surveillance - BB3(Lr) ST-4 -
580 General Pharmaceuticals Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable
581 General Trading Company Corporate Surveillance - BBB3(Lr) ST-3 -
582 Genetic Limited Corporate Surveillance BBB2(Pr) BBB2(Lr) ST-4 Stable
583 GETCO Telecommunications Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Negative
584 Giant Textiles Ltd. Corporate Surveillance BB1 BB1(Lr) ST-4 Stable
585 Glasstech Ltd. SME Surveillance CRAB-SE 3 - - -
586 Global Brand (Pvt) Ltd. Corporate Surveillance A2 A2(Lr) - Stable
587 Global Knitwear Ltd. (IDLC) Corporate Initial Rating - BBB3(Lr) ST-3, ST-1 -
588 Globe Agrovet Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
589 Globe Biscuits & Dairy Milk Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
590 Globe Drugs Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
591 Globe Edible Oil Ltd. Corporate Initial Rating - BBB3(Lr) - -
592 Globe Fisheries Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable
593 Globe Pharmaceuticals Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable
594 Globe Soft Drinks Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable
595 Globex Marketing Company Ltd. Corporate Surveillance A3 A3(Lr) ST-1, ST-3 Stable
596 Glory Recycling Oil Industries Ltd. SME Surveillance CRAB-SE 3 - - -
597 Golden Containers Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-1 Stable
598 Golden Enterprise SME Surveillance CRAB-SE 4 - - -
599 Golden Son Ltd. Corporate Surveillance AA3 - ST-3 Stable
600 Golden Steel Alloy Works Ltd. Corporate Surveillance - BB3(Lr) ST-4 -
601 Golden Traders Corporate Surveillance - BBB3(Lr) ST-4 -
602 Good Luck Flour Mills SME Surveillance CRAB-SE 3 - - -
603 Good Rich Sweaters Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable
604 Goribay Nawaj Enterprise SME Surveillance CRAB-SE 3
605 Gothic Design Ltd. Corporate Surveillance AA1 AA1(Lr) ST-1 Stable
606 Gous Garments Industries Ltd. Corporate Surveillance - BB3(Lr) ST-4 -
607 GPH Ispat Ltd. Corporate Surveillance AA3 - ST-2 Stable
608 Gram Bangla Tubes Ltd. Corporate Surveillance - - ST-3 -
609 Gram Unnayan Karma (GUK) Corporate Initial Rating A3 - ST-3 Stable
610 Grameenphone Ltd. Corporate Surveillance AAA AAA(Lr) ST-1 Stable
611 Grand Trading Enterprise Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
15
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
612 Graphics Textiles Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
613 Great Wall Ceramics Industries Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable
614 Green Arrow Sweater Industries Ltd. Corporate Initial Rating - - ST-4 -
615 Green Granite & Marble Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
616 Green Housing & Energy Ltd. Corporate Surveillance BB1 BB1(Lr) - Stable
617 Green Ways International SME Initial Rating CRAB-SE 4 - - -
618 Greenland Apparels Ltd. SME Surveillance CRAB-ME 3 - - -
619 GTA Sports Ltd. Corporate Initial Rating BB1 BB1(Lr) ST-4 Stable
620 Gulf Knitting & Textile Ltd. Corporate Surveillance - BB2(Lr) ST-4 -
621 Gulf Travels Corporate Surveillance - BB3(Lr) - -
622 Gunabati Traders SME Surveillance CRAB-SE 4 - - -
623 H I Apparels Ltd. SME Surveillance CRAB-ME 4 - - -
624 H K Apparels Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
625 H K Steel Ltd. Corporate Surveillance - BBB2(Lr) ST-3 -
626 H R Enterprise Corporate Surveillance - - ST-4 -
627 H R Trade International SME Initial Rating CRAB-SE 4 - - -
628 H R Transport Agency SME Surveillance CRAB-ME 3 - - -
629 H S Corporation Corporate Initial Rating - - ST-3 -
630 Habib & Brothers SME Surveillance CRAB-ME 4 - - -
631 Habib Brothers Corporate Surveillance - BB1(Lr) - -
632 Habiganj Agro Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable
633 Hadia Nur Enterprise SME Surveillance CRAB-ME 3 - - -
634 Hafizur & Brothers SME Surveillance CRAB-SE 4 - - -
635 Hafsa Automobile SME Surveillance CRAB-SE 4 - - -
636 Haider Machinaries Corporate Surveillance - BBB3(Lr) ST-3 -
637 Haider Machinery Store Corporate Surveillance - - ST-4 -
638 Haider Motors Corporate Surveillance - - ST-3 -
639 Hajee Abdul Gafur Sowdagor SME Surveillance CRAB-SE 4 - - -
640 Hajee Automobiles SME Initial Rating CRAB-ME 3 - - -
641 Hajee Badsha Meah & Sons SME Initial Rating CRAB-SE 4 - - -
642 Haji Dana Miah and Sons Corporate Surveillance - BB1(Lr) ST-3 -
643 Haji Enterprise & It's Sister Concern SME Initial Rating CRAB-SE 3 - - -
644 Haji Fazlul Hoque & Sons SME Initial Rating CRAB-SE 4 - - -
645 Haji Gous Miah SME Initial Rating CRAB-SE 3 - - -
646 Haji Kabir Ahmed Corporate Surveillance - - ST-3 -
647 Haji Md Asad Mia SME Surveillance CRAB-SE 4 - - -
648 Haji Motiur Rahman & Sons SME Surveillance CRAB-SE 3 - - -
649 Haji Noor Ahmed & Sons SME Initial Rating CRAB- SE 4 - - -
650 Haji Sultan Ahmed Sawdagar SME Initial Rating CRAB-SE 4
651 Hakim & Sons Corporate Surveillance - - ST-4 -
652 Halima Motors SME Initial Rating CRAB-SE 3 - - -
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
16
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
653 Hamdard Laboratories (WAQF) Bangladesh Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable
654 Ha-Meem Denim Mills Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable
655 Hamid Fabrics Ltd. Corporate Surveillance AA3 AA3(Lr) - Stable
656 Hamid Weaving Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable
657 Hamida Plastic Ltd. Corporate Surveillance AA1 AA1(Lr) ST-2 Stable
658 Hamidia Departmental Store SME Initial Rating CRAB-SE 4 - - -
659 Haq Traders SME Initial Rating CRAB-ME 3 - - -
660 Haque & Co. SME Surveillance CRAB-SE 3 - - -
661 Haque & Sons SME Surveillance CRAB-SE 4 - - -
662 Haque Brothers (Carbide) Ltd. Corporate Surveillance BBB3 BBB3(Lr) - Stable
663 Haque Brothers (Industries) Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable
664 Haque Drycell Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
665 Haque Enterprise (EXIM) SME Surveillance CRAB-SE 3
666 Haque Enterprise (AAIBL) SME Initial Rating CRAB- ME 4 - - -
667 Haque Ltd. (Haque and Company td.) Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
668 Haque Printing & Packaging industry SME Initial Rating CRAB-ME 3 - - -
669 Haque Store SME Surveillance CRAB-SE 4 - - -
670 Haque Textile SME Surveillance CRAB-SE 3 - - -
671 Haque Traders SME Initial Rating CRAB-ME 3 - - -
672 Haque Wood & Furniture SME Initial Rating CRAB-ME 3 - - -
673 Haroon Engineering Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable
674 Harun Flour Mills Ltd. Corporate Surveillance - BB1(Lr) - -
675 Hasan Book Depot Corporate Surveillance - BBB2(Lr) ST-3 -
676 Hasan Flour Mills Ltd. Corporate Surveillance AA1 AA1(Lr) ST-2 Stable
677 Hasan Motors SME Initial Rating CRAB-SE 3 - - -
678 Hasem Traders SME Initial Rating CRAB-SE 4 - - -
679 Hasib Chaul Kal Corporate Surveillance - - ST-3 -
680 Hasib Electric Corporate Surveillance - - ST-3 -
681 Hassan Brothers Corporate Surveillance - BBB2(Lr) ST-3 -
682 Hatil Complex Ltd. Corporate Initial Rating A2 A2(Lr) ST-3 Stable
683 Hazi Abdul Quddus Sawdagar SME Initial Rating CRAB-SE 4 - - -
684 Hazi Abdur Rob SME Initial Rating CRAB-SE 3 - - -
685 Hazi Amir Hossain Mollah SME Initial Rating CRAB-ME 4 - - -
686 Hazi Distribution SME Surveillance CRAB-SE 4 - - -
687 Hazi Nazir Ahmed Bricks & Manufacturing SME Initial Rating CRAB-SE 4 - - -
688 Hazi Nur Begum Furniture SME Surveillance CRAB-SE 3 - - -
689 Hazi Nurul Islam Auto Rice Mills Corporate Surveillance - BB1(Lr) - -
690 Hazi Textile SME Surveillance CRAB-SE 4 - - -
691 Hedayet & Brothers Corporate Surveillance - BBB2(Lr) ST-3 -
692 Hejaj Steel Corporate Surveillance - BBB3(Lr) - -
693 Hemany Enterprise SME Initial Rating CRAB-ME 3 - - -
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
17
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
694 Hena Enterprise SME Surveillance CRAB-SE 4 - - -
695 Heritage Polymer & Lami Tubes Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
696 Hira Electric Store & Sister Concern SME Initial Rating CRAB-SE 4 - - -
697 Homeland Chemical Industries Ltd. Corporate Surveillance - BBB3(Lr) - -
698 Hong Kong Denim(Pvt.) Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-3 Stable
699 Hoque Properties & Housing Ltd. Corporate Initial Rating BB3 - - Stable
700 Hoque Traders SME Surveillance CRAB-SE 4 - - -
701 Horizon Fashion Wear Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
702 Hosne Ara & Sons SME Initial Rating CRAB-SE 4 - - -
703 Hospicare BD Ltd. SME Surveillance CRAB-SE 3 - - -
704 Hossain & Brothers SME Initial Rating CRAB-SE 4 - - -
705 Hossain Ahmed SME Surveillance CRAB-ME 4 - - -
706 Hossain Ali Traders SME Surveillance CRAB-SE 3 - - -
707 Hossain Enterprise SME Initial Rating CRAB-ME 3 - - -
708 Hossain International Corporate Surveillance - BBB2(Lr) ST-3 -
709 Hossain Traders SME Surveillance CRAB-SE 4 - - -
710 Hotel Al Faisal SME Initial Rating CRAB-SE 4 - - -
711 HRC Technologies Ltd. Corporate Initial Rating BBB2 BBB2(Lr) ST-3 Stable
712 HRM Corporation SME Surveillance CRAB-ME 2 - - -
713 HS Enterprise Ltd. Corporate Surveillance - BBB1(Lr) ST-3 -
714 HTMS Packaging Ind. Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
715 Humayun Enterprise 1 SME Surveillance CRAB-SE 3 - - -
716 Humayun Enterprise-2 SME Surveillance CRAB-SE 3 - - -
717 Hwa Well Textiles (BD) Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable
718 Hyopshin Co. Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable
719 I B Traders SME Initial Rating CRAB-SE 4 - - -
720 Ibrahim Knit Garments (Pvt.) Ltd. Corporate Surveillance BBB3 - ST-3 Stable
721 Ibrahim Leathers SME Initial Rating CRAB-SE 4 - - -
722 Ideal Accessories of Garments & Footwear SME Initial Rating CRAB-SE 4 - - -
723 Ideal Electrical Enterprise Ltd. Corporate Surveillance - - ST-1,ST-3 -
724 IFAD Autos Ltd. corporate Surveillance A1 A1(Lr) ST-3 Stable
725 IFAD Multi Products Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable
726 Ikhwan Bricks Manufacturing Ltd. SME Initial Rating CRAB-ME 4 - - -
727 Iman Ali Auto Rice Mill SME Initial Rating CRAB-SE 4 - - -
728 Imcotex Corporate Initial Rating - - ST-4 -
729 Imon Bastra Biponi SME Surveillance CRAB-SE 4 - - -
730 Imperial Embroidery Ltd. Corporate Surveillance - BB1(Lr) - -
731 Impex Trade International Corporate Surveillance - - ST-3 -
732 Index Agro Industries Ltd. Corporate Surveillance A3 - ST-3 Stable
733 Information Technology Consultants Ltd. Corporate Surveillance A3 A3(Lr) ST-2,ST-3 Stable
734 Infrastructure Development Company Ltd. (IDCOL) Corporate Surveillance AAA - - Stable
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
18
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
735 Innstyle Fashion Ltd. Corporate Surveillance - BB1(Lr) ST-4 -
736 INTEFA corporate Surveillance - - ST-3 -
737 Integrated Security Services Ltd. Corporate Surveillance - BBB3(Lr) - -
738 Interfab Shirt Manufacturing Ltd. Corporate Surveillance AA1 AA1(Lr) ST-1 Stable
739 Interlink Accessories Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -
740 Interlink Apparels Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -
741 Interlink Dresses Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -
742 International Shirt Line Ltd. Corporate Surveillance BBB3 - ST-3 Stable
743 International Trading Services Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable
744 Intimate printing & Packaging Corporate Surveillance - - ST-4 -
745 Intimate Trading House Ltd. Corporate Initial Rating - - ST-3 -
746 Intimates Elastic Industries Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
747 Iqbal & Brothers SME Surveillance CRAB-ME 4 - - -
748 Iqbal Traders SME Initial Rating CRAB-SE 4 - - -
749 Iqbal Trading Corporation Corporate Surveillance - - ST-3 -
750 Iqramul Haque Store SME Surveillance CRAB-SE 3 - - -
751 Ireen Thai Aluminium SME Surveillance CRAB-SE 3 - - -
752 Ishaque & Brothers SME Initial Rating CRAB-SE 4 - - -
753 Islam Brothers & Co. Corporate Surveillance - - ST-3 -
754 Islam Engineering Co. SME Initial Rating CRAB-SE 3 - - -
755 Islam Garments Ltd. Corporate Initial Rating - A3(Lr) ST-3 -
756 Islam Knit Design Ltd. Corporate Initial Rating - A3(Lr) ST-3 -
757 Islam Pack & Accessories Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable
758 Islam Traders (IBBL) SME Initial Rating CRAB-SE 3 - - -
759 Islam Traders (MBL) Corporate Surveillance - BB2(Lr) - -
760 Islamia Filament Industries Corporate Surveillance - - ST-3 -
761 Ismail Poultry Feed Corporate Surveillance - BB1(Lr) ST-4 -
762 Ispahani Foods Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable
763 J B Agro SME Initial Rating CRAB-SE 4 - - -
764 J B Cylinder Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
765 J B Oil Mills Corporate Surveillance - BBB3(Lr) - -
766 J K Cotton Mills Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable
767 J K International Corporate Surveillance - - ST-4 -
768 J K Knit Composite Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
769 J K Spinning Mills Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable
770 J K Synthetic Mills Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable
771 J K Trading SME Initial Rating CRAB-ME 3 - - -
772 J R Trading SME Initial Rating CRAB-SE 4 - - -
773 J S C Products SME Surveillance CRAB-ME 4 - - -
774 J T A Food Products Ltd. Corporate Initial Rating - BBB3(Lr) ST-3 -
775 Jaba Semi Auto Rice Mill SME Initial Rating CRAB-SE 4 - - -
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
19
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
776 Jabber Store SME Surveillance CRAB-SE 3 - - -
777 Jabin Enterprise SME Initial Rating CRAB-SE 4 - - -
778 Jafar & Co. SME Surveillance CRAB-ME 3 - - -
779 Jahan & Sons SME Initial Rating CRAB-SE 4 - - -
780 Jahangir & Others Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
781 Jahangir Enterprise SME Surveillance CRAB-SE 3 - - -
782 Jahangir Iron Mart SME Surveillance CRAB-ME 4 - - -
783 Jahir Textile SME Surveillance CRAB-SE 3 - - -
784 Jaker Dairy Farm SME Initial Rating CRAB-SE 3 - - -
785 Jalal Ahmed Spinning Mills Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable
786 Jalal Timber & Fubniture SME Initial Rating CRAB-SE 3 - - -
787 Jalalabad Ragib Rabeya Medical College Corporate Surveillance A1 A1(Lr) ST-3 Stable
788 Jamalpur Charcoal Ltd. SME Initial Rating CRAB-SE 4 - - -
789 Jamil Enterprise SME Initial Rating CRAB-SE 3 - - -
790 Jamuna Bank Ltd. Bond-I Corporate Surveillance A1 - - Stable
791 Jamuna Edible Oil Industries Ltd. Corporate Surveillance - BB2(Lr) ST-4 -
792 Jamuna Jute Industries Ltd. Corporate Surveillance - BB1(Lr) ST-4 -
793 Jamuna Seeds Storage (Pvt.) Ltd. Corporate Surveillance - BB3(Lr) ST-4 -
794 Janata Chira & Muri Mill & its sister concern SME Surveillance CRAB-SE 3 - - -
795 Janata Machineries Store SME Initial Rating CRAB-SE 3 - - -
796 Jannat Flour Mills SME Surveillance CRAB-ME 3 - - -
797 Jannat Trading SME Initial Rating CRAB-SE 3 - - -
798 Janoprio Agency SME Surveillance CRAB-SE 3 - - -
799 Jans Elastica Ltd. Corporate Surveillance BB1 BB1(Lr) ST-4 Stable
800 Jar World Ltd. SME Surveillance CRAB-SE 4 - - -
801 Jarina Metal Works Corporate Surveillance - BB2(Lr) ST-4 -
802 Jashim & Brothers Corporate Surveillance - - ST-3 -
803 Jashim Bricks Manufacturing SME Surveillance CRAB-SE 4 - - -
804 Jashim Traders SME Initial Rating CRAB-SE 4 - - -
805 Jason Enterprise SME Surveillance CRAB-SE 4 - - -
806 JBL Drug Laboratories SME Surveillance CRAB-SE 4 - - -
807 Jeans Manufacturing Co. Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
808 Jeans Treat Ltd. SME Surveillance CRAB-ME 4 - - -
809 Jihan Footwear Pvt. Ltd. SME Initial Rating CRAB-ME 3 - - -
810 Jilani Sea Foods SME Initial Rating CRAB-ME 3 - - -
811 Jim Enterprise SME Surveillance CRAB-SE 3 - - -
812 JMG International SME Surveillance CRAB-SE 3 - - -
813 JMS Garments Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-1,ST-3 Stable
814 Jononi Traders SME Surveillance CRAB-SE 3 - - -
815 Josnara Auto Rice Mills SME Initial Rating CRAB-ME 3 - -
816 Joty Plastic Company Corporate Surveillance - BBB1(Lr) - -
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
20
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
817 Joy Petroleum SME Initial Rating CRAB-SE 3 - - -
818 Joypara Lungi Corporate Surveillance - BBB2(Lr) ST-3 -
819 Jubilee Shoe Center SME Surveillance CRAB-SE 3 - - -
820 Jupiter Enterprise SME Initial Rating CRAB-ME 2 - - -
821 Juvenile Construction Corporate Surveillance - - ST-3 -
822 Juvenile Trade Int’l Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
823 K B Traders Corporate Initial Rating - A3(Lr) - -
824 K M Logistic Service SME Initial Rating CRAB-ME 3 - - -
825 K R Electronics Corporate Surveillance CRAB-SE 3 - - -
826 K T Dal Mill SME Initial Rating CRAB-SE 4 - - -
827 Kaiser Enterprise SME Surveillance CRAB-SE 3 - - -
828 Kajal Traders Corporate Surveillance - - ST-3 -
829 Kallandi Textile Corporate Surveillance - - ST-3 -
830 Kalurghat Cold Storage Limited SME Initial Rating CRAB-ME 3 - - -
831 Kamal & Brothers SME Surveillance CRAB-SE 4 - - -
832 Kamal Iron Mart SME Surveillance CRAB-SE 4 - - -
833 Kamal Kanti Saha SME Surveillance CRAB-SE 3 - - -
834 Kamal Motors Corporate Surveillance - BB1(Lr) - -
835 Kamal Motors Oil & Parts SME Initial Rating CRAB-SE 3 - - -
836 Kamrul Hasan Chowdhury SME Surveillance CRAB-SE 4 - - -
837 Kanchan Tailors & Cloth Store SME Surveillance CRAB-SE 4 - - -
838 Kangaroo Foot Wear Inds. Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
839 Kanok Enterprise SME Surveillance CRAB-SE 4 - - -
840 Kans (BD) Ltd. SME Initial Rating CRAB-SE 4
841 Kap's Fashion Ltd. Corporate Initial Rating BB2 BB2(Lr) ST-4 Stable
842 Karib Auto Ltd. SME Surveillance CRAB-SE 3 - - -
843 Karim & Brothers SME Initial Rating CRAB-SE 4 - - -
844 Karim Brothers SME Initial Rating CRAB-SE 3 - - -
845 Karim Spinning Mills Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable
846 Karim Textiles Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable
847 Karim Traders SME Initial Rating CRAB-SE 4 - - -
848 Karooni Knit Composite Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Positive
849 Karotoa Spinning Mills Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
850 Karotoa Tea Associate Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable
851 Kartik Store SME Surveillance CRAB-SE 3 - - -
852 Karukaj Textile SME Initial Rating CRAB-SE 4 - - -
853 Kashem & Rahman Printing Press SME Surveillance CRAB-SE 4 - - -
854 Kausar Hamid Textile SME Surveillance CRAB-SE 3 - - -
855 Kazi Paribahan Shangstha SME Surveillance CRAB-SE 3 - - -
856 Kazi Rice Mill SME Surveillance CRAB-SE 4 - - -
857 Kazi Shamol Enterprise SME Initial Rating CRAB-SE 4 - - -
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
21
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
858 Kazipur Fashions Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable
859 Kemiko Pharmaceuticals Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
860 Khaddya Bitan SME Initial Rating CRAB-ME 4 - - -
861 Khaja Enterprise SME Initial Rating CRAB-SE 4
862 Khaja Polythine Mart SME Surveillance CRAB-SE 4 - - -
863 Khajababa Enterprise SME Initial Rating CRAB-SE 4
864 Khalil & Sons SME Initial Rating CRAB-SE 4 - - -
865 Khan & Co. SME Initial Rating CRAB-SE 3 - - -
866 Khan & Sons Corporate Surveillance - BB1(Lr) ST-4 -
867 Khan & Sons Auto Rice Mill Corporate Surveillance - BBB3(Lr) ST-3 -
868 Khan Auto Rice Mill Ltd. Corporate Initial Rating - BB1(Lr) ST-3 -
869 Khan Brothers SME Initial Rating CRAB-SE 3 - - -
870 Khan Complex Corporate Surveillance - BB2(Lr) - -
871 Khan Traders (IBBL, Ctg.) SME Surveillance CRAB-ME 4 - - -
872 Khan Traders (IBBL, Nababpur) SME Initial Rating CRAB-SE 4 - - -
873 Khandaker Store SME Surveillance CRAB-SE 3 - - -
874 Khaza Flour Mill & Food Products Corporate Surveillance - BB1(Lr) ST-4 -
875 Khaza Trading SME Surveillance CRAB-SE 4 - - -
876 Khondoker Traders SME Surveillance CRAB-SE 3
877 Khwaja Air Media Services Ltd. Corporate Initial Rating BBB3 - - Stable
878 KHWAJA Enterprise (IBBL) Corporate Surveillance CRAB-SE 3 - - -
879 Kibria Agro Industries Corporate Surveillance - BBB3(Lr) ST-3 -
880 Kibria Paper Mill Ltd. Corporate Initial Rating BB2(Pr) - - Developing
881 Kibria Traders Corporate Surveillance - BBB3(Lr) ST-3 -
882 Kiribati Enterprise Corporate Surveillance - A1(Lr) ST-3 -
883 Kiribati Enterprise. Corporate Surveillance - - ST-4 -
884 Knit & Knittex (Pvt) Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
885 Knit City Ltd. Corporate Surveillance - - ST-3 -
886 Knit Concept Ltd. Corporate Surveillance BB2 BB2(Lr) ST-3 Stable
887 Knit World Ltd. Corporate Surveillance - BB1(Lr) ST-4 -
888 Knittex Industries Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable
889 Kohinoor Textile SME Surveillance CRAB-SE 4 - - -
890 Kolka CNG SME Surveillance CRAB-SE 4 - - -
891 Konakhali Agro Firm SME Initial Rating CRAB-SE 4 - - -
892 Kowsar Cottage Industries SME Initial Rating CRAB-SE 4 - - -
893 Krishan Auto Rice Mill Corporate Surveillance - BBB3(Lr) ST-3 -
894 Krishan Enterprise Corporate Surveillance - BBB3(Lr) ST-3 -
895 Kron Sweater Ltd. Corporate Surveillance BB1 BB1(Lr) ST-3 Stable
896 Kurigram Spinning Mills Ltd. Corporate Surveillance C C(Lr) ST-6 Negative
897 Kushiara International SME Surveillance CRAB-ME 3
898 Kushtia Rice Mill Corporate Surveillance - BBB3(Lr) ST-3 -
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
22
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
899 L M Trading House SME Surveillance CRAB-ME 4 - - -
900 Labbayek Masrasing & Process SME Initial Rating CRAB-SE 4 - - -
901 Laila Food Products Ltd. Corporate Surveillance BB1 BB1(Lr) ST-4 Stable
902 Lakdhanavi Bangla Power Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable
903 Lal Mia & Co SME Surveillance CRAB-ME 4 - - -
904 Lamesa Chemical SME Surveillance CRAB-ME 4 - - -
905 Lamia Lighting Ltd. SME Initial Rating CRAB-SE 4 - - -
906 Lantus Holdings Ltd. Corporate Surveillance - BB3(Lr) ST-4 -
907 Latif Traders SME Surveillance CRAB-SE 3 - - -
908 Lee Tsai Steel Ltd. Corporate Surveillance - - ST-3 -
909 Les Pulls D'Alex Ltd. Corporate Surveillance BB3 BB3(Lr) ST-4 Stable
910 Lida Textiles and Dyeing Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-4 Stable
911 Link Tex Sports wear Ltd. Corporate Initial Rating BBB3 - ST-3 Stable
912 Lira Industries Enterprise Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable
913 Lira Polymer Industries Corporate Surveillance - BBB2(Lr) ST-3 -
914 Lithe Apparel Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable
915 Liton Enterprise SME Surveillance CRAB-SE 3 - - -
916 Liz Fashion Industries Ltd. Corporate Surveillance A2 A2(Lr) ST-2 Stable
917 Liza Garments Corporate Surveillance - BB1(Lr) ST-3 -
918 Lodestar Fashions Ltd. Corporate Surveillance - BB3(Lr) ST-4 -
919 Lodestar Packaging Ltd. SME Surveillance CRAB-ME 4 - - -
920 Logistics Management Services Ltd. Corporate Surveillance AA1 AA1(Lr) ST-1 Stable
921 Lovely Food Industries (Pvt) Ltd. Corporate Surveillance - - ST-4 -
922 Lub House Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
923 Lucky Enterprise SME Initial Rating CRAB-ME 4 - - -
924 Lucky Papers SME Initial Rating CRAB-SE 4 - - -
925 Lucky Star Apparels Ltd. Corporate Surveillance - BB1(Lr) ST-4 -
926 Lucky Store SME Initial Rating CRAB-SE 3 - - -
927 L'Usine Fashion Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
928 Lutful Seaways Ltd. Corporate Initial Rating BBB3 - - Stable
929 M & M Washing & deying SME Initial Rating CRAB-SE 3 - - -
930 M A Khan Enterprise Ltd. Corporate Initial Rating CRAB-SE 3 - - -
931 M Ali Textile Corporate Surveillance - BBB2(Lr) ST-3 -
932 M D Steel Custing Industries Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
933 M G Trading Co. SME Surveillance CRAB-SE 4 - - -
934 M H Enterprise SME Surveillance CRAB-ME 3 - - -
935 M H Traders SME Surveillance CRAB-SE 3
936 M I Cement Factory Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable
937 M K Enterprise Corporate Surveillance - - ST-3 -
938 M K International SME Initial Rating CRAB-SE 4 - - -
939 M M Crockries SME Initial Rating CRAB-SE 4 - - -
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
23
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
940 M M Enterprise Corporate Surveillance - BB2(Lr) ST-4 -
941 M M Ispahani Ltd. Corporate Surveillance AA1 - ST-1 Stable
942 M N Cables Industries SME Surveillance CRAB-SE 4 - - -
943 M N Fishing Ltd. Corporate Surveillance - BB1(Lr) - -
944 M N Huda Construction Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
945 M N International SME Surveillance CRAB-ME 3 - - -
946 M N Traders SME Surveillance CRAB-SE 4
947 M R Brothers Corporate Surveillance - A3(Lr) ST-3 -
948 M R C Bricks SME Surveillance CRAB-SE 4 - - -
949 M R Rice & Flour Mill Corporate Surveillance - BBB2(Lr) ST-3 -
950 M R Trade International SME Initial Rating CRAB-SE 3 - - -
951 M R Traders SME Initial Rating CRAB-SE 3 - - -
952 M S Attires Ltd. Corporate Surveillance BB1 BB1(Lr) ST-3 Stable
953 M S Jute Shoe Thread & Accessories Factory Corporate Surveillance - BBB3(Lr) ST-3 -
954 M Trading SME Initial Rating CRAB-SE 4
955 M/s Akash Motors SME Initial Rating CRAB-SE 4 - - -
956 M/s Alam Store Corporate Surveillance - BB1(Lr) ST-3 -
957 M/S Bhai Bhai Enterprise Corporate Surveillance - BBB3(Lr) - -
958 M/s Mohammad Ali Jinnah SME Initial Rating CRAB-SE 4 - - -
959 M/s Muhibur Rahman Corporate Surveillance - - ST-3 -
960 M/s Nazrul Islam Khan Corporate Surveillance - BB1(Lr) - -
961 M/s Saleha Rahman SME Initial Rating CRAB-SE 4 - - -
962 M/S Salman Khurshid Corporate Surveillance - BB2(Lr) ST-4 -
963 M/S Serajul Haque Corporate Surveillance - BBB3(Lr) - -
964 M/s Shahjahan & Brothers SME Initial Rating CRAB-SE 4 - - -
965 M/s Shamsul Haque SME Initial Rating CRAB-SE 3 - - -
966 M/S Tazul Islam Corporate Surveillance - BB1(Lr) ST-4 -
967 M/s Trade International SME Surveillance CRAB-ME 3 - - -
968 M/S. Shadow Corporate Surveillance - BB1(Lr) ST-3 -
969 Ma Auto Rice Mill SME Initial Rating CRAB-SE 3 - - -
970 Ma Poultry Farm & agro Feed SME Initial Rating CRAB-SE 4 - - -
971 Maa Bhandary Rice Mill Corporate Surveillance - BBB2(Lr) ST-3 -
972 Maa Bhander SME Initial Rating CRAB-SE 3 - - -
973 Maa Sakhina Textile Mills SME Surveillance CRAB-ME 3 - - -
974 Maa Textile Mills SME Initial Rating CRAB-ME 3 - - -
975 Maati Properties Ltd. Corporate Initial Rating - BB1(Lr) - -
976 Madina Auto Rice Mill corporate Surveillance - BB1(Lr) - -
977 Madina Cement Ind. Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable
978 Madina Maritime Ltd. Corporate Surveillance BBB1 - - Stable
979 Madina Store & Sister Concern SME Surveillance CRAB-ME 3 - - -
980 MAF Shoes Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
24
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
981 Magnum Steel Industries Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
982 Maheen Enterprise Corporate Surveillance - BB1(Lr) ST-4 -
983 Mahek Enterprise SME Surveillance CRAB-SE 3 - - -
984 Mahfuj & Brothers SME Surveillance CRAB-ME 3 - - -
985 Mahi Steel Iron Mart SME Initial Rating CRAB-ME 4 - - -
986 Majumder garments Ltd. Corporate Initial Rating - BBB3(Lr) ST-1, ST-4 -
987 MAK Corporation Corporate Surveillance - - ST-3 -
988 Mak Hatchery Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable
989 Makka Jute Trading Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -
990 Makka Paper & Board Mills Ltd. Corporate Surveillance - A3(Lr) ST-3 -
991 Maksons Spinning Mills Ltd. Corporate Surveillance BB2 BB2(Lr) ST-4 Stable
992 Mala Textile SME Surveillance CRAB-SE 4 - - -
993 Mallick Fabrics Limited Corporate Initial Rating BBB3 BBB3(Lr) ST-3 Stable
994 Mamoni Traders SME Initial Rating CRAB-SE 4 - - -
995 Mamun Agro Products Ltd. Corporate Surveillance - BBB3(Lr) ST-4 -
996 Mamun Machinery Corporate Surveillance - - ST-4 -
997 Mamun PVC Factory Corporate Surveillance - BB3(Lr) ST-4 -
998 Mamun Traders SME Surveillance CRAB-SE 3 - - -
999 MAN Enterprise SME Surveillance CRAB-ME 4 - - -
1000 Marco Unani Pharma Corporate Surveillance - BBB3(Lr) - -
1001 Marhaba Enterprise SME Initial Rating CRAB-SE 4 - -
1002 Maria Auto Rice Mill SME Initial Rating CRAB-SE 4 - - -
1003 Marium Textile Mills Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable
1004 Marshal Agrovet Chemical Industries Ltd. Corporate Surveillance - BB2(Lr) ST-4 -
1005 Marzan Enterprise SME Initial Rating CRAB-SE 4 - - -
1006 Mashrifa Food Products Ltd. Corporate Surveillance BBB3 BBB3(Lr) - Stable
1007 Masihata Sweaters Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
1008 Masrur Electronics SME Initial Rating CRAB-SE 4 - - -
1009 Masswell Packers Ltd. SME Surveillance CRAB-SE 4 - - -
1010 Master & Brothers Corporate Surveillance - - ST-3 -
1011 Master Aluminium & Khelna Marble Ind. Corporate Initial Rating CRAB-SE 3 - - -
1012 Master Electronics SME Surveillance CRAB-SE 4 - - -
1013 Master Hatchery & Jamuna Motso Khamar SME Initial Rating CRAB-SE 4 - - -
1014 Master Simex Paper Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
1015 Master Steel Re-Rolling Mills Corporate Surveillance - BB3(Lr) ST-3 -
1016 Master Traders SME Initial Rating CRAB-SE 4 - - -
1017 Masud & Brothers Corporate Surveillance - A3(Lr) ST-1,ST-3 -
1018 Masum & Brothers SME Initial Rating CRAB-SE 3 - - -
1019 Masum Engineering SME Initial Rating CRAB-SE 4 - - -
1020 Matador Ball Pen Industries Corporate Surveillance - A3(Lr) ST-3 -
1021 Matex Bangladesh Ltd. Corporate Surveillance A1 A1(Lr) ST-2 Stable
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
25
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
1022 Matrix Styles Ltd. corporate Surveillance BB1 BB1(Lr) ST-4 Stable
1023 Maulana Traders SME Initial Rating CRAB-SE 4 - - -
1024 Maverick Traders SME Surveillance CRAB-SE 4 - - -
1025 Mawla Textile Mills (Pvt) Ltd. Corporate Surveillance BB3 BB3(Lr) ST-4 Stable
1026 Max Automobile & Its Sister Concern SME Surveillance CRAB-SE 4 - - -
1027 Max Infrastructure Ltd. (Max Automobile Products Ltd.)Corporate Surveillance A1 A1(Lr) ST-1, ST-2 Stable
1028 Mayc's Garments Ltd. Corporate Surveillance BB1 BB1(Lr) ST-3 Stable
1029 Mayer Doa Chaul Bachal Mill SME Initial Rating CRAB-SE 4 - - -
1030 Mayer doa Enterprise SME Initial Rating CRAB-SE 4 - - -
1031 Mayer Doya Traders Corporate Surveillance - BB2(Lr) - -
1032 Mazidsons Construction Ltd. Corporate Surveillance - - ST-3 -
1033 MBM Garments Ltd. Corporate Surveillance A1 - ST-3 Stable
1034 Md Habibur Rahman SME Surveillance CRAB-ME 4 - - -
1035 Md Rezaul Karim Corporate Surveillance - - ST-3 -
1036 Md Sirajul Islam SME Initial Rating CRAB-SE 4 - - -
1037 Md Zahid Miah Corporate Surveillance - A3(Lr) ST-3 -
1038 Md. Abdul Matin Shah SME Initial Rating CRAB-SE 3 - - -
1039 Md. Ishaque & Sons SME Surveillance CRAB-ME 3 - - -
1040 Md. Rakib Uddin Dewan & Md. Rukon Uddin Dewan Corporate Surveillance - BBB3(Lr) - -
1041 MEB Glass Sheet Industries Corporate Initial Rating BB1 - ST-4 Stable
1042 Medha Construction & Developers Ltd. Corporate Surveillance - BB1(Lr) - -
1043 Media Electronics Industries Ltd. SME Surveillance CRAB-SE 4 - - -
1044 Medicomplex SME Initial Rating CRAB-SE 4 - - -
1045 Meek Knit Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-1, ST-3 Stable
1046 Mega Yarn Dyeing Mills Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
1047 Meghna Gomoti Traders SME Initial Rating CRAB-SE 3 - - -
1048 Meghna Knit Composite Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable
1049 Meghna Traders Corporate Surveillance - BBB2(Lr) - -
1050 Mehedi Traders SME Initial Rating CRAB-SE 4 - - -
1051 Mehnaz Styles & Craft Ltd. Corporate Surveillance BBB1 - ST-3 Stable
1052 Melamine Bazar SME Initial Rating CRAB-SE 4 - - -
1053 Mellow Fashion Ltd. SME Surveillance CRAB-SE 4 - - -
1054 Mera Construction Co. Ltd. SME Initial Rating CRAB-ME 3 - - -
1055 Mercer Knitwear Ltd. Corporate Initial Rating - A3(Lr) - -
1056 Merlin Knitwear Limited Corporate Surveillance - BBB3(Lr) ST-1,ST-3 -
1057 Mesba Associates SME Initial Rating CRAB-SE 3 - - -
1058 Mesh Export House (Pvt.) Ltd. Corporate Surveillance BBB1 - - Stable
1059 Mesh Sports Wear (Pvt) Ltd. Corporate Surveillance - BBB1(Lr) ST-3 -
1060 Metro Knitting & Dyeing Mills Ltd. Corporate Initial Rating - A2(Lr) - -
1061 Metro Spinning Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable
1062 Metro Trading SME Surveillance CRAB-SE 4 - - -
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
26
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
1063 Miami Roto Film Ltd. Corporate Surveillance - BB1(Lr) - -
1064 MID Asia Fashion Ltd. Corporate Surveillance - BB1(Lr) ST-4 -
1065 Midland Power Co. Ltd. Corporate Initial Rating A1 A1(Lr) ST-3 Stable
1066 Mihran Ship Recycling Industries Ltd. Corporate Surveillance BBB3 - ST-4 Stable
1067 Milan Cold Storage Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
1068 Milon Industries SME Initial Rating CRAB-SE 4 - - -
1069 MIM Design Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
1070 MIM Sweaters Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
1071 MIM Trading Corporate Surveillance - - ST-3 -
1072 Mim Trading Corporation SME Surveillance CRAB-ME 4 - - -
1073 Minto Sons SME Surveillance CRAB-SE 3 - - -
1074 Mir Brothers SME Surveillance CRAB-ME 3 - - -
1075 Mirza Enterprise SME Initial Rating CRAB-SE 4 - - -
1076 Misami Garments Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable
1077 Misham Agro Industries Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
1078 Mita Apparels (Pvt) Ltd. Corporate Surveillance - BB2(Lr) ST-4 -
1079 Mitali Steel Corporation SME Surveillance CRAB-SE 4 - - -
1080 Mitali Traders SME Initial Rating CRAB-SE 3 - - -
1081 Mithela Textile Industry Corporate Surveillance - BBB3(Lr) ST-3 -
1082 Mithu Carpets Corporate Surveillance - BBB3(Lr) ST-3 -
1083 Mithu Enterprise SME Surveillance CRAB-SE 3 - - -
1084 Miton Cottage Industries SME Initial Rating CRAB-ME 4 - - -
1085 Mitu Rice Agency SME Initial Rating CRAB-SE 4 - - -
1086 Mizan Brothers SME Surveillance CRAB-ME 3 - - -
1087 MM Ship Breaking Industries Corporate Surveillance - BB1(Lr) ST-1,ST-4 -
1088 Moazzem & Company SME Initial Rating CRAB-SE 4 - - -
1089 Mobile Plus SME Surveillance CRAB-ME 3 - -
1090 Mobile Point & Its Sister Concern SME Initial Rating CRAB- SE 4 - - -
1091 Modern Diagnostic Centre Ltd. Corporate Surveillance - A3(Lr) ST-3 -
1092 Modern Poly Industries Ltd. Corporate Surveillance A3 A2(Lr) ST-3 Stable
1093 Modhupur Bricks Manufacturing SME Initial Rating CRAB- SE 4 - - -
1094 Modina Enterprise SME Initial Rating CRAB-SE 4 - - -
1095 Modiste (Bangladesh) Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
1096 Modiste (CEPZ) Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
1097 Mofa Fish Processing (Pvt) Ltd. Corporate Surveillance BB2 BB2(Lr) ST-4 Stable
1098 Mofiz Auto Rice Mill Corporate Surveillance - - ST-3 -
1099 Mohammad Ali Traders SME Surveillance CRAB-SE 3 - - -
1100 Mohammadi Electric Wires & Multi Products Ltd. Corporate Surveillance - BBB3(Lr) ST-1,ST-3 -
1101 Mohammadia Complex SME Surveillance CRAB-ME 4 - - -
1102 Mohammadia Traders SME Initial Rating CRAB-SE 4 - - -
1103 Mohammed & Sons SME Surveillance CRAB-ME 3 - - -
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
27
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
1104 Mohammed Ali SME Initial Rating CRAB-SE 4 - - -
1105 Mohanagar Steel Corporation SME Surveillance CRAB-SE 3 - - -
1106 Mohara Asian Apparels Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable
1107 Mohd. Siraj Fishers (Pvt.) Ltd. SME Initial Rating CRAB-ME 4 - - -
1108 Mohoshin Traders SME Surveillance CRAB-SE 4 - -
1109 Moinuddin Traders SME Initial Rating CRAB-ME 5 - - -
1110 Mokka Traders Corporate Surveillance - BB3(Lr) ST-4 -
1111 Molla Enterprise SME Initial Rating CRAB-SE 4 - - -
1112 Molla Salt (Triple Refined) Industry Ltd. Corporate Initial Rating A3 A3(Lr) ST-3 Stable
1113 Molla Trading Corporation Corporate Surveillance - BBB3(Lr) ST-3 -
1114 Mollah Glass House SME Surveillance CRAB-SE 3 - - -
1115 Momin Spinning Mills corporate Surveillance - BBB3(Lr) ST-3 -
1116 Momin Textile corporate Surveillance - BBB3(Lr) ST-3 -
1117 Momin Traders SME Initial Rating CRAB-ME 3 - - -
1118 Momtaz Enterprise Corporate Surveillance - BBB3(Lr) ST-3 -
1119 Momtaz Uddin & Brothers SME Surveillance CRAB-ME 3 - - -
1120 Mona Food Industries Corporate Surveillance - BBB1(Lr) ST-3 -
1121 Monarch Engineers Corporate Surveillance - BB1(Lr) ST-3 -
1122 Mondol Auto Rice Mill & Food Ind. Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -
1123 Moni Enterprise SME Surveillance CRAB-SE 4 - - -
1124 Monica Button & Garments Accessories (Pvt.) Ltd. SME Surveillance CRAB-SE 4 - - -
1125 Monir Timber & Sawmill SME Initial Rating CRAB-SE 4 - - -
1126 Monjura Poultry Prokolpo SME Initial Rating CRAB-SE 4 - - -
1127 Monowara Knit Fashions Ltd. SME Surveillance CRAB-SE 4 - - -
1128 Monowara Trading SME Surveillance CRAB-ME 4 - - -
1129 Monowara Weaving Factory SME Initial Rating CRAB-SE 4 - - -
1130 Moon Enterprise Corporate Surveillance - BB1(Lr) ST-3 -
1131 Moon Ready Wear Ltd. SME Initial Rating CRAB-ME 3 - - -
1132 Moonlux Apparels Limited Corporate Initial Rating - BB1(Lr) ST-3 -
1133 Moonlux Composite Knit Garments Limited Corporate Initial Rating - BB1(Lr) ST-3 -
1134 Morad & Co. SME Initial Rating CRAB-SE 4 - - -
1135 Morol Enterprise SME Surveillance CRAB-SE 3 - - -
1136 Mosharraf & Sons Filling Station (SME_ Surveillance) SME Surveillance CRAB-SE 4 - - -
1137 Mostofa Motors Ltd. Corporate Initial Rating - BBB3(Lr) - -
1138 Mothbaria bricks Manufacturing SME Initial Rating CRAB-ME 4 - - -
1139 Mother Steel Ltd. Corporate Surveillance - BBB2(Lr) ST-3 -
1140 Mouchak Knit Composite Ltd. Corporate Surveillance - BBB2(Lr) ST-3 -
1141 Moula Boksh Karim Boksh SME Surveillance CRAB-ME 2 - - -
1142 Mozammel & Brothers Corporate Surveillance CRAB-ME 3 - - -
1143 MR Fish & Poultry Feed and It's Sister Concern SME Initial Rating CRAB-ME 3 - - -
1144 Mridha Traders SME Surveillance CRAB-ME 4 - - -
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
28
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
1145 MRM International Corporate Surveillance - BBB3(Lr) ST-3 -
1146 MSA Spinning Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable
1147 Mu Mu Garments SME Initial Rating CRAB-ME 3 - - -
1148 Mukta Hardware Store SME Surveillance CRAB-SE 3 - - -
1149 Mukta Properties Real Estate SME Initial Rating CRAB-SE 3 - - -
1150 Multi Safh Bags Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
1151 Multi Trade Enterprise Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
1152 Multiplan Limited Corporate Surveillance - BB2(Lr) ST-4 -
1153 Munhata Navigation Ltd. SME Surveillance CRAB-ME 4 - - -
1154 Munshigonj Fiber & Agro Industries Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
1155 Muntaha Trading Corporate Initial Rating - BB1(Lr) - -
1156 Musa & Issa Enterprise Corporate Surveillance - BBB3(Lr) ST-4 -
1157 Musa Enterprise SME Surveillance CRAB-SE 4 - - -
1158 Musa Sowdagor SME Surveillance CRAB-ME 2 - - -
1159 Muslim Garments Corporate Surveillance - BB2(Lr) ST-3 -
1160 Mutual Foam & Tableware Inds. Ltd. SME Surveillance CRAB-ME 4 - - -
1161 Mutual Food Products Ltd corporate Surveillance - A3(Lr) ST-3 -
1162 MZM (CEPZ) Ltd. Corporate Surveillance BBB2 - ST-3 Stable
1163 N Islam Steel Corporate Surveillance - BB3(Lr) - -
1164 N N Traders SME Initial Rating CRAB-SE 3 - - -
1165 N S Steel SME Surveillance CRAB-SE 3 - - -
1166 Naboti Industries (Pvt.) Ltd. SME Surveillance CRAB-SE 4 - - -
1167 Nadi Bangla Textile Mills Ltd. SME Surveillance CRAB-ME 3 - - -
1168 Nafco Real Estate Company Limited Corporate Initial Rating - - ST-4 -
1169 Nafisa Apparels Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable
1170 Nagri SME Surveillance CRAB-SE 4 - - -
1171 Nahar CNG Refuling Station SME Surveillance CRAB-SE 4 - - -
1172 Nahid Advertise & Printing SME Initial Rating CRAB-SE 4 - - -
1173 Nahid Motors Corporate Surveillance - - ST-3 -
1174 Nahid Traders SME Initial Rating CRAB-SE 3 - - -
1175 Nalta Ahsania Fish SME Surveillance CRAB-ME 4 - - -
1176 Nantu Saw Mill & Timber Merchant SME Surveillance CRAB-ME 4 - - -
1177 Narayangonj Eng. & Shipbuildings Ltd. Corporate Initial Rating - BBB3(Lr) ST-4 -
1178 Nasiruddin Traders SME Initial Rating CRAB-SE 3 - - -
1179 National Auto Rice Mill Corporate Surveillance - BBB1(Lr) ST-3 -
1180 National Bricks. SME Surveillance CRAB-SE 3 - - -
1181 Navana Automobiles Ltd. Corporate Surveillance A3(Pr) - - -
1182 Navana Batteries Ltd. corporate Surveillance AA3 AA3(Lr) ST-3 Stable
1183 Navana Building Products Ltd Corporate Initial Rating - A3(Lr) ST-3 -
1184 Navana CNG Ltd. Corporate Surveillance AA3 AA3 (Lr) ST-1,ST-3 Stable
1185 Navana Construction Ltd. Corporate Initial Rating A3 A3(Lr) ST-3 Stable
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
29
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
1186 Navana Electronics ltd. Corporate Initial Rating A3 A3(Lr) ST-3 Stable
1187 Navana Limited Corporate Surveillance AA3 AA3(Lr) ST-3 Stable
1188 Nayeem Enterprise SME Initial Rating CRAB-SE 5 - -
1189 NAZ Bangladesh Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
1190 Nazim Fashion Ltd. Corporate Surveillance - BB3(Lr) ST-4 -
1191 Nazrul Enterprise (NBL) SME Surveillance CRAB-SE 3 - - -
1192 Nazrul Islam Traders SME Initial Rating CRAB-SE 4 - - -
1193 NDR Corporation) corporate Surveillance - BB1(Lr) ST-4 -
1194 Need Tyre Centre SME Initial Rating CRAB-SE 3 - - -
1195 Neo Zipper Company Ltd. Corporate Surveillance A1 A1(Lr) ST-2 Stable
1196 New Afrin Cold Storage Ltd. Corporate Initial Rating - BBB3(Lr) ST-3 -
1197 New Amin Jewellers Corporate Surveillance - BBB2(Lr) - -
1198 New Asia Line SME Initial Rating CRAB-SE 3 - - -
1199 New Auto Galaxy Corporate Surveillance - - ST-3 -
1200 New Bogdad Rice Mill Corporate Surveillance - - ST-3 -
1201 New Color Vision SME Surveillance CRAB-SE 4 - - -
1202 New Era Telecom SME Initial Rating CRAB-SE 3 - - -
1203 New Glass Center SME Initial Rating CRAB-SE 4 - - -
1204 New Grameen Motors Ltd. SME Initial Rating CRAB-ME 3 - - -
1205 New Madina Plastics Industries SME Surveillance CRAB-SE 4 - - -
1206 New Popular Timber Trading and Saw Mill SME Initial Rating CRAB-ME 3 - - -
1207 New Sanowara Glass House & Motor Parts SME Initial Rating CRAB-SE 4 - - -
1208 New Siddiques SME Surveillance CRAB-SE 3 - - -
1209 New Sonali Enterprise SME Initial Rating CRAB-SE 4 - -
1210 New Tech SME Initial Rating CRAB-SE 4 - - -
1211 Next Accessories Ltd. Corporate Surveillance - BB1(Lr) ST-4 -
1212 Nezam Uddin & Brothers Corporate Surveillance - BB1(Lr) ST-1 -
1213 NFZ Teri Textile Corporate Initial Rating BBB3 - - Stable
1214 NHQ Distributions Ltd. Corporate Initial Rating - BBB3(Lr) ST-3, ST-1 -
1215 Nikhut Crafts SME Initial Rating CRAB-SE 3 - - -
1216 Nina Holdings Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable
1217 Niribili Fisheries Ltd. Corporate Surveillance BB2 - ST-4 Stable
1218 Niribili Poultry & Livestock Ltd. Corporate Surveillance BB3 BB3(Lr) ST-4 Stable
1219 Nirman Traders SME Surveillance CRAB-SE 3 - - -
1220 Nitol Electronics Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-4 Stable
1221 Nitya Gopal Shaha SME Surveillance CRAB-SE 4 - - -
1222 Noman Fabrics Ltd. Corporate Surveillance A3 A3(Lr) - Stable
1223 Noman Home Textile Mills Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable
1224 Noman Spinning Mills Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable
1225 Noman Terry Towel Mills Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
1226 Noman Textiles Mills Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
30
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
1227 Noman Traders SME Initial Rating CRAB-SE 3 - - -
1228 North Bengal Grain Industries Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable
1229 North Bengal Plastic Bag Industries SME Surveillance CRAB-SE 5
1230 North’s Egg Ltd. Corporate Surveillance BB1 BB1(Lr) ST-4 Stable
1231 Northern Hatcheries Ltd. Corporate Initial Rating BBB3(Pr) BBB3(Lr) - -
1232 Noumea Enterprise. Corporate Initial Rating - - ST-4 -
1233 Novo Com Ltd. Corporate Surveillance BB1 BB1(Lr) ST-4 Stable
1234 Novo Tel Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
1235 Nowapara Clod Storage Ltd. Corporate Surveillance - A2(Lr) ST-3 -
1236 Nur Enterprise SME Surveillance CRAB-SE 4 - - -
1237 Nur Nabi SME Initial Rating CRAB-ME 4 - - -
1238 Nur Timber Traders SME Initial Rating CRAB-ME 3 - - -
1239 Nur Trading SME Surveillance CRAB-SE 3 - - -
1240 Nurani Motors & Electronics SME Initial Rating CRAB-SE 4 - - -
1241 Nur-E-Alahee & Brothers (Pvt.) Ltd. Corporate Initial Rating - BBB3(Lr) ST-3 -
1242 Nurul Huda Filling Station Corporate Surveillance - BBB3(Lr) - -
1243 Nurul Islam Traders SME Surveillance CRAB-SE 4 - - -
1244 Nusrat Builders Corporate Surveillance - BBB3(Lr) ST-4 -
1245 Nusrat Development Company (Pvt) Ltd. SME Surveillance CRAB-SE 3 - - -
1246 Nusrat Trading Corporate Surveillance - BB1(Lr) ST-4 -
1247 Obaid Enterprise SME Initial Rating CRAB-SE 3 - - -
1248 Ocean Apparels Corporate Surveillance - BB1(Lr) ST-4 -
1249 Ocean Sea Foods International SME Initial Rating CRAB-ME 4 - - -
1250 Oishi Construction SME Initial Rating CRAB-SE 3 - - -
1251 OK Enterprise Pvt. Ltd. SME Surveillance CRAB-ME 4 - - -
1252 OK Properties Ltd. SME Surveillance CRAB-ME 4 - - -
1253 OKM Trading Corporation Corporate Surveillance - BBB3(Lr) ST-3 -
1254 Oli Traders SME Surveillance CRAB-SE 3 - - -
1255 Olympic Cement Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Positive
1256 Olympic Travels (BD) Ltd. SME Surveillance CRAB-SE 4 - - -
1257 Onib Textile Mills SME Surveillance CRAB-ME 3 - - -
1258 Opex Designers Ltd. Corporate Initial Rating - A3(Lr) ST-3 -
1259 Opex Industries Ltd. Corporate Initial Rating - A2(Lr) ST-3 -
1260 Opex Washing Plant Ltd. Corporate Initial Rating - A2(Lr) ST-3 -
1261 Orange Design Ltd. Corporate Initial Rating - - ST-4 -
1262 Orbital International SME Surveillance CRAB-ME 3 - - -
1263 Orchid Center SME Initial Rating CRAB-SE 4 - - -
1264 Organic Auto Brickfield Ind. Ltd. Corporate Initial Rating - BB1(Lr) ST-4 -
1265 Organic Autos Corporate Initial Rating BBB1 - ST-3 Stable
1266 Orient Export Import Co. Ltd. Corporate Surveillance - BB1(Lr) ST-4 -
1267 Oriental Oil Company Ltd. Corporate Surveillance BB3 BB3(Lr) ST-4 Stable
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
31
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
1268 Orion Footwear Ltd. Corporate Initial Rating - BBB3(Lr) ST-4 -
1269 Orion Gas Ltd. Corporate Surveillance BBB2(Pr) - - -
1270 Orion Infrastructure Ltd.-Bond Corporate Initial Rating BBB3(SO) - - -
1271 Orion Infrastructure Ltd.-Entity Corporate Surveillance BBB2 BBB2(Lr) - Stable
1272 Orion Infrastructure Ltd.-Preference Share Corporate Initial Rating BBB2(SO) - - -
1273 Orion Infusion Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
1274 Orion Pharma Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable
1275 Orion Power Dhaka Ltd. Corporate Surveillance A3(Pr) - ST-3 -
1276 Orion Power Meghnaghat Ltd. / IEL Corporate Surveillance A1 A1(Lr) - Stable
1277 Orlance Shipping & Trading Agency SME Surveillance CRAB-SE 4 - - -
1278 Ortack Company SME Surveillance CRAB-ME 3 - - -
1279 Osman & Brothers SME Initial Rating CRAB-SE 3 - - -
1280 Osman Auto Rice Mills Corporate Surveillance - BB2(Lr) - -
1281 Ovee Enterprise & Sister Concern Corporate Surveillance - BBB3(Lr) - -
1282 Oww Trading & Ship Breaking Corporate Initial Rating - - ST-4 -
1283 P K Trading SME Initial Rating CRAB-SE 3 - - -
1284 Pacific Ispat Mills SME Initial Rating CRAB-ME 3 - - -
1285 Pack nd Package Ltd. SME Initial Rating CRAB-ME 3 - - -
1286 Padma Industries Ltd. SME Surveillance CRAB-ME 4 - - -
1287 Padma Traders Corporate Surveillance - BBB2(Lr) ST-3 -
1288 Padma Travels Ltd. SME Surveillance CRAB-SE 4 - - -
1289 Padua Timber Traders SME Initial Rating CRAB-SE 4 - - -
1290 Pailac Chemicals Company Corporate Surveillance - BBB1(Lr) ST-4 -
1291 Palash Tex & Fabric Ltd. Corporate Surveillance - - ST-3 -
1292 Pan Mark Apparels (Pvt.) Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
1293 Panasia Clothing Ltd. Corporate Surveillance - BBB1(Lr) ST-3 -
1294 Panasia Sweaters Ltd. Corporate Surveillance - BBB1(Lr) ST-3 -
1295 Panbond International Ltd. Corporate Initial Rating BBB2 BBB2(Lr) ST-3 Stable
1296 Panorama Apparels Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable
1297 Panorama Washing Co. Ltd. Corporate Surveillance - BBB3(Lr) - -
1298 Papyrus fastQ (BD) Ltd. SME Initial Rating CRAB-ME 3 - - -
1299 Paradise Food Products Ltd. Corporate Surveillance - BB1(Lr) ST-3 -
1300 Paradise Sun Company Ltd. SME Surveillance CRAB-SE 3 - - -
1301 Paramount Trading SME Surveillance CRAB-SE 4 - - -
1302 Parity Fashions Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
1303 Partex Furniture Industries Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable
1304 Partex Laminates Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable
1305 Partex PVC Industries Ltd. Corporate Surveillance - A1(Lr) ST-3 -
1306 Pearl Garments Company Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable
1307 Pearl Prince Apparels Ltd. Corporate Surveillance BB1 BB1(Lr) ST-4 Stable
1308 Pearls & Pouce Ltd. Corporate Surveillance - BBB1(Lr) ST-3 -
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
32
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
1309 PEB Steel Alliance Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable
1310 Pepco Bangladesh Corporate Surveillance - BB1(Lr) ST-4 -
1311 Perfect Fashions Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
1312 Pioneer Imaging Systems Ltd. SME Surveillance CRAB-SE 4 - - -
1313 Piticon Industries SME Surveillance CRAB-ME 3 - - -
1314 Pitstop Foods Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -
1315 Plan View Consultant & Engineering SME Surveillance CRAB-ME 3 - - -
1316 Platinum Communications SME Surveillance CRAB-ME 3 - - -
1317 Podder Chaul Kal SME Surveillance CRAB-SE 4 - - -
1318 Polli Feed Industries SME Surveillance CRAB-SE 4 - - -
1319 Poly Solution SME Initial Rating CRAB-SE 3 - - -
1320 Poly Traders SME Surveillance CRAB-SE 3 - - -
1321 Popular Enterprise SME Initial Rating CRAB-SE 4 - - -
1322 Popular Pharmacy SME Initial Rating CRAB-SE 3 - - -
1323 Port Land International Corporate Surveillance - BB2(Lr) ST-4 -
1324 Port Land International (BD) Ltd. Corporate Surveillance - BB3(Lr) - -
1325 Power System Development Co. Ltd. Corporate Initial Rating BBB1 BBB1(Lr) ST-3 Stable
1326 Prantik Marine Service Ltd. Corporate Surveillance - BB1(Lr) ST-1 -
1327 Pratik Apparels Ltd. Corporate Surveillance BB2 BB2(Lr) ST-3 Stable
1328 Precision Weighing Solution Co. SME Initial Rating CRAB-SE 4 - - -
1329 Premier Accessories Ltd. Corporate Surveillance BB1 BB1(Lr) ST-3 Stable
1330 Premium Metals SME Initial Rating CRAB-ME 4 - - -
1331 Premium Sweets SME Initial Rating CRAB-ME 3 - - -
1332 PRG Semi Auto Rice Mill & Its Sister Concern SME Initial Rating CRAB-SE 4 - - -
1333 Prime Corporation Corporate Surveillance - A2(Lr) ST-3 -
1334 Prime Distribution Corporate Surveillance - BBB1(Lr) - -
1335 Prime Engineering Corporate Initial Rating - BB1(Lr) ST-4 -
1336 Prime Enterprise SME Initial Rating CRAB-SE 4 - - -
1337 Prime Polymer Ltd. Corporate Initial Rating BBB2 BBB2(Lr) ST-3 Stable
1338 Prime PVC Pipe SME Initial Rating CRAB-ME 5 - - -
1339 Prince High Design Ltd. Corporate Surveillance - BB1(Lr) ST-1, ST-4 -
1340 Priti Enterprise SME Surveillance CRAB-SE 4 - - -
1341 Priyam Garments Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
1342 Progati Creative (Pvt.) Ltd. SME Initial Rating CRAB-SE 4 - - -
1343 Progati Traders SME Surveillance CRAB-SE 4 - - -
1344 Progressive Fishing Ltd. Corporate Surveillance - BB1(Lr) - -
1345 Prome Agro Foods Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
1346 Prominent Apparels Limited SME Initial Rating CRAB-ME 4 - - -
1347 Prottoy Feed SME Initial Rating CRAB-SE 4 - - -
1348 Proud Textile SME Initial Rating CRAB-ME 3 - - -
1349 Provita Chicks Ltd. Corporate Initial Rating - BBB3(Lr) ST-3 -
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
33
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
1350 Pubali Lodized Salt Plant SME Initial Rating CRAB-ME 3 - - -
1351 Pul Industries Ltd. SME Initial Rating CRAB-ME 3 - - -
1352 Purbani Fabrics Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable
1353 Purbani Rotor Spinning Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable
1354 Purbani Synthetic Spinning Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable
1355 Purbani Yarn Dyeing Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable
1356 Purple Telecom Ltd. Corporate Initial Rating BBB3 - - Stable
1357 Pushpo Poultry Feed SME Surveillance CRAB-SE 4 - - -
1358 Q N Queue Accessories Ltd. Corporate Surveillance BBB3 - ST-3 Stable
1359 QNS Container Services Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-2 Stable
1360 QNS Industries Ltd. Corporate Initial Rating BB1 BB1(Lr) ST-4 Stable
1361 Quality Mineral Industries SME Surveillance CRAB-SE 3 - - -
1362 Quantam Builders & Engineering Ltd. Corporate Initial Rating BB1 BB1(Lr) ST-4 Stable
1363 Quantam LA Construction Corporate Initial Rating - BB1(Lr) ST-4 -
1364 Quantum Corporation Ltd. Corporate Surveillance BB1 BB1(Lr) ST-3 Stable
1365 Quartel Infotech Ltd. Corporate Surveillance BB1 BB1(Lr) ST-4 Stable
1366 Quasem Drycells Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable
1367 Quasem Zinc Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable
1368 R I Enterprise SME Initial Rating CRAB-SE 3 - - -
1369 R K Fashion Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
1370 R K Socks Industries Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
1371 R K Spinning Mills Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable
1372 R M Fabitech Ltd. SME Surveillance CRAB-ME 2 - - -
1373 R M Interlinings Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable
1374 R M Textile SME Surveillance CRAB-SE 3 - - -
1375 R R Trading & Co. SME Initial Rating CRAB-SE 4 - - -
1376 R S Enterprise SME Surveillance CRAB-SE 3 - - -
1377 R S Machineries Corporate Surveillance - BBB2(Lr) ST-3 -
1378 R S Trade International SME Initial Rating CRAB-SE 4 - - -
1379 Rabeya Automatic Rice Mill Corporate Surveillance - - ST-3 -
1380 Rabeya Flour Mills Ltd. Corporate Surveillance A3 A3(Lr) - -
1381 Rabeya Jute Mill Corporate Surveillance - BB1(Lr) ST-4 -
1382 Rabeya Tiles & Sanitary SME Surveillance CRAB-SE 3 - - -
1383 Radial International Ltd. Corporate Surveillance - A2(Lr) ST-3 -
1384 Radiance Fashion Ltd. Corporate Surveillance - BBB1(Lr) ST-3 -
1385 Radiance Jeans Ltd. Corporate Surveillance - BBB2(Lr) ST-3 -
1386 Radiance Packaging & Accessories Ltd. Corporate Surveillance - BBB1(Lr) ST-3 -
1387 Radiant Sweater Industries Ltd. Corporate Initial Rating - BBB3(Lr) ST-3 -
1388 Radid Textile SME Initial Rating CRAB-ME 4 - - -
1389 Radisson Apparels Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -
1390 Radisson Garments Corporate Initial Rating - BB1(Lr) ST-4 -
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
34
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
1391 Radisson Washing Paints Ltd. SME Initial Rating CRAB-ME 4 - - -
1392 Rafi Enterprise SME Initial Rating CRAB-SE 4 - - -
1393 Rafia Paper Converting & Coating Inds. Ltd. Corporate Surveillance - BB1(Lr) ST-3 -
1394 Rafid Agro Industries (Pvt.) Ltd. SME Surveillance CRAB-SE 4 - - -
1395 Rafiq Traders SME Initial Rating CRAB-SE 4 - - -
1396 Rafique & Brothers SME Surveillance CRAB-SE 4 - - -
1397 Rafique & Brothers (Tangail) SME Surveillance CRAB-SE 4 - - -
1398 Rafsan Food (Pvt) Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -
1399 Rahat Auto Rice Mill SME Initial Rating CRAB-ME 4 - - -
1400 Rahima Textile SME Surveillance CRAB-ME 4 - - -
1401 Rahman and Brothers SME Initial Rating CRAB-SE 4 - - -
1402 Rahman Engineering SME Initial Rating CRAB-ME 4 - - -
1403 Rahman Jute Mills (Pvt.) Ltd. Corporate Surveillance - BB1(Lr) ST-4 -
1404 Rahman Knit Wear Corporate Surveillance - BB1(Lr) ST-4 -
1405 Rahman Steel House Corporate Surveillance - BB1(Lr) ST-4 -
1406 Rahmania Cloth Store SME Surveillance CRAB-SE 3
1407 Rahmat Traders Corporate Surveillance - - ST-3 -
1408 Raihan Chaul Bachal Mill SME Initial Rating CRAB-SE 4 - - -
1409 Raihan Enterprise SME Initial Rating CRAB-SE 3 - - -
1410 Raihan Traders SME Initial Rating CRAB-SE 3 - - -
1411 Rainbow Associates Corporate Surveillance - BB1(Lr) ST-4 -
1412 Rainbow Jute Mills Ltd. Corporate Surveillance - BB1(Lr) ST-4 -
1413 Rainbow Tailors and Fabrics SME Surveillance CRAB-SE 4 - - -
1414 Raisa Fashion Ltd. Corporate Surveillance - BB1(Lr) ST-3 -
1415 Raj Lanka Power Company Ltd.-Entity Corporate Surveillance AA3 AA3(Lr) ST-3 Stable
1416 Raj Lanka Power Company Ltd.-Preference Share Corporate Initial Rating AA3(SO) - - Stable
1417 Rajanigandha Plastic Industries & Its Sister Concern SME Initial Rating CRAB-SE 3 - - -
1418 Rajlaxmi Productions SME Initial Rating CRAB-ME 4 - - -
1419 Rakib Cottage SME Initial Rating CRAB-ME 3 - - -
1420 Rakib enterprise SME Initial Rating CRAB-SE 4 - - -
1421 Rakib Trading Corporate Surveillance - BB2(Lr) - -
1422 Ramgonj Enterprise SME Surveillance CRAB-SE 4 - - -
1423 RAMS Builders Ltd. SME Surveillance CRAB-ME 5 - - -
1424 Rams Fashion & Embroidery Corporate Surveillance - BB1(Lr) - -
1425 Rana Motorcycle Center SME Initial Rating CRAB-SE 4 - - -
1426 Rana Rice Mill SME Surveillance CRAB-SE 4 - - -
1427 Rangpur Jute Mills Ltd. Corporate Initial Rating BB1 BB1(Lr) ST-4 Stable
1428 Rangs Motors Ltd. Corporate Surveillance - A3(Lr) ST-3 -
1429 Ranks FC Properties Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
1430 Ranks Motors workshops Ltd. Corporate Initial Rating - BBB2(Lr) ST-3 -
1431 Rashid & Brothers Rice Mill SME Initial Rating CRAB-SE 4 - - -
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
35
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
1432 Rashid Atop Automatic rice Mill Corporate Initial Rating BBB2(Pr) BBB2(Lr) ST-3 -
1433 Rashid Enterprise Corporate Surveillance - - ST-3 -
1434 Rashid Enterprise (Rashid Group) Corporate Initial Rating - BBB2(Lr) - -
1435 Rashid Filling Station SME Initial Rating CRAB-ME 4 - - -
1436 Rashid Food Products Ltd. Corporate Initial Rating BBB3(Pr) - - -
1437 Rashid Pulp And Paper Mills Ltd. Corporate Initial Rating BBB3(Pr) - - -
1438 Rasid Agro Food Products Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
1439 Ratanpur Ship Re-Cycling Ind. Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable
1440 Ratul Collection Corporate Surveillance - BB1(Lr) ST-3 -
1441 Rayan Trade International Corporate Surveillance - BB1(Lr) ST-3 -
1442 Razu Trading Agency SME Initial Rating CRAB-SE 3 - - -
1443 Razzak Motors Corporate Surveillance - - ST-3 -
1444 Real Printing & Advertising SME Initial Rating CRAB-SE 3 - - -
1445 Refat Garments Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable
1446 Reliance Trade International SME Surveillance CRAB-ME 3 - - -
1447 Remi Holdings ltd. Corporate Initial Rating BBB1 BBB1(Lr) ST-3 Stable
1448 Renata Agro Industries Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
1449 Resource Planning & Management Consultants (Pvt) Ltd.Corporate Surveillance A3 A3(Lr) ST-3 Stable
1450 Reverie Power & Automation Engineering Ltd. SME Surveillance CRAB-ME 3 - - -
1451 Rezwan Enterprise SME Initial Rating CRAB-SE 4 - - -
1452 Ridwan Textile Corporate Surveillance - BB1(Lr) ST-3 -
1453 Rigs Marketing Corporate Surveillance - BBB2(Lr) ST-3 -
1454 Rimso Battery & Co. (Pvt.) Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -
1455 Rinku Rimon Auto Rice Mill SME Initial Rating CRAB-SE 4 - - -
1456 Ripon Door & Furniture Gallery SME Initial Rating CRAB-SE 4 - - -
1457 Ripon Knitwear Ltd. Corporate Surveillance BB1 BB1(Lr) ST-4 Positive
1458 Ripon Packaging Ind. (Pvt.) Ltd. Corporate Surveillance BB1 BB1(Lr) ST-4 Stable
1459 Ripon Traders SME Surveillance CRAB-SE 3 - - -
1460 Riton Enterprise SME Initial Rating CRAB-SE 4 - - -
1461 RK Greenland Ltd. Corporate Surveillance BBB3(Pr) - - -
1462 Robi Axiata Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable
1463 Rocky Knitting Mills (Pvt.) Ltd. Corporate Initial Rating - BB1(Lr) ST-4 -
1464 Rokeya & Sons & Its Sister Concern SME Initial Rating CRAB-ME 3 - - -
1465 Roman Enterprise SME Initial Rating CRAB-SE 3 - - -
1466 Romon Azad Enterprise SME Initial Rating CRAB-SE 4 - - -
1467 Roni Traders SME Surveillance CRAB-SE 4 - - -
1468 Rony Enterprise Corporate Surveillance - - ST-4 -
1469 Rony Plywood Industries Corporate Surveillance - BB2(Lr) ST-4 -
1470 Rony Variety Store SME Initial Rating CRAB-SE 3 - - -
1471 Roto Smart Ltd. Corporate Surveillance - BB1(Lr) ST-3 -
1472 Rowa Fashions Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
36
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
1473 RR Imperial Electricals Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable
1474 RS & Brothers Corporate Surveillance - - ST-4 -
1475 RS & T International Corporate Surveillance - BBB1(Lr) ST-3 -
1476 Rubaiya Fashion House SME Surveillance CRAB-SE 4 - - -
1477 Rubel Enterprise Corporate Surveillance - BB1(Lr) - -
1478 Rubel Enterprise (Bank Aisa) SME Surveillance CRAB-SE 3 - - -
1479 Rubel Steel Mills Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
1480 Ruby Food Products Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -
1481 Rumman & Brothers Corporate Surveillance - BBB3(Lr) ST-4 -
1482 Runner Automobiles Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
1483 Runner Bricks Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable
1484 Runner Motors Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
1485 Rupali Agencies Corporate Surveillance - BBB3(Lr) ST-3 -
1486 Rupali Auto Chira Mori Mill SME Surveillance CRAB-SE 3 - - -
1487 Rupali Enterprise SME Surveillance CRAB-SE 4 - - -
1488 Rupkatha Housing Ltd. SME Initial Rating CRAB-SE 3 - - -
1489 Ruslan Corporation Corporate Surveillance - BBB3(Lr) ST-4 -
1490 S & A Bay of Bengal Corporate Surveillance - BB1(Lr) - -
1491 S A Beverage Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-4 Stable
1492 S A C Corporation SME Initial Rating CRAB-SE 4 - - -
1493 S A Consumer Products Ltd. Corporate Surveillance BB1 - ST-4 Stable
1494 S A Enterprise SME Surveillance CRAB-SE 3 - - -
1495 S A Pulp & Paper Products Ltd. Corporate Surveillance A2 A2(Lr) ST-4 Stable
1496 S A Salt Industries Ltd. Corporate Surveillance BB1 BB1(Lr) ST-5 Stable
1497 S A Ship Breakers Corporate Initial Rating BB1 - - Stable
1498 S A Ship Breakers (IBBL) Corporate Initial Rating - - ST-4 -
1499 S Alam Enterprise (IBBL, Baragola) SME Surveillance CRAB-SE 4 - - -
1500 S Alam Enterprise (IBBL, Board Bazar) SME Initial Rating CRAB-SE 3 - - -
1501 S Alam Fuel Suppliers SME Initial Rating CRAB-SE 3 - - -
1502 S E N Textile SME Initial Rating CRAB-SE 4 - -
1503 S F Enterprise SME Initial Rating CRAB-SE 4 - - -
1504 S M Trading Co. Corporate Surveillance - BB3(Lr) ST-4 -
1505 S N Corporation Corporate Surveillance - BBB1(Lr) ST-3 -
1506 S R Enterprise SME Surveillance CRAB-SE 4 - - -
1507 S R Mercerize Mill & Textile SME Initial Rating CRAB-ME 4 - - -
1508 S S B Poultry Complex SME Surveillance CRAB-SE 4 - - -
1509 S S Food and Beverage SME Initial Rating CRAB-SE 4 - - -
1510 S S International SME Initial Rating CRAB-SE 4 - - -
1511 S S Trade Syndicate SME Initial Rating CRAB-ME 3 - - -
1512 S S trading SME Initial Rating CRAB-SE 3 - - -
1513 S T Trading SME Initial Rating CRAB-SE 3 - - -
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
37
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
1514 S&S Poultry Farm Corporate Surveillance - BB1(Lr) ST-4 -
1515 Saad Biriyani Ghar & Restaurant SME Initial Rating CRAB-ME 4 - - -
1516 Sabbir Cottage SME Initial Rating CRAB-ME 4 - - -
1517 Sabbir Trading SME Initial Rating CRAB-SE 4 - - -
1518 Sabik CNG Filling Station & Conversion SME Surveillance CRAB-SE 4 - - -
1519 Sabjiana Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
1520 Sadia Enterprise (Bank Asia) SME Surveillance CRAB-SE 4 - -
1521 Sadip Enterprise SME Surveillance CRAB-SE 3 - - -
1522 Sadma Fashionwear Ltd. Corporate Surveillance - BBB2(Lr) ST-3 -
1523 Sadman Trade International SME Initial Rating CRAB-SE 4 - - -
1524 Sadman Traders SME Initial Rating CRAB-SE 4 - - -
1525 Safe Plastic and Packaging Industries SME Initial Rating CRAB-SE 3 - - -
1526 Sagar Auto Rice Mill SME Surveillance CRAB-ME 3 - - -
1527 Sagar Enterprise SME Initial Rating CRAM-ME 4 - - -
1528 Sagarika Louha Bitan SME Surveillance CRAB-SE 4 - - -
1529 Sagor Engineering Works SME Initial Rating CRAB-SE 4 - - -
1530 Sagor Enterprise SME Initial Rating CRAB-SE 4 - - -
1531 Sagor Enterprise SME Surveillance CRAB-SE 4 - - -
1532 Sagor Store SME Surveillance CRAB-SE 4 - - -
1533 Saha Auto Rice Mill SME Initial Rating CRAB-SE 4 - - -
1534 Saha Brothers SME Initial Rating CRAB-SE 3 - - -
1535 Sahara Green Bricks Ltd. Corporate Surveillance - BB2(Pr) - -
1536 Saif Plastic Corporate Initial Rating BBB3 BBB3(Lr) ST-3 Stable
1537 Saif Powertec Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable
1538 Saif Powertec Ltd.(Battery Unit) Corporate Surveillance BBB3(Pr) - - -
1539 Saiful & Co. Corporate Surveillance - - ST-3 -
1540 Saiham Knit Composite Ltd. Corporate Initial Rating A3 A3(Lr) ST-3 Stable
1541 Sajan International Pvt. Ltd. SME Initial Rating CRAB-ME 4 - - -
1542 Sajid Knit Industries Ltd. Corporate Surveillance - - ST-4 -
1543 Sajid Shahed Nail Factory SME Initial Rating CRAB-SE 4 - - -
1544 Saju Enterprise SME Surveillance CRAB-SE 3 - - -
1545 Sakib Textiles SME Initial Rating CRAB-SE 4 - -
1546 Sakina Poultry Feed Center & Sister Concern SME Initial Rating CRAB-ME 3 - - -
1547 Salahuddin & Co. SME Surveillance CRAB-SE 3 - - -
1548 Salam Iron Store SME Initial Rating CRAB-SE 4 - - -
1549 Salam Weaving Factory SME Initial Rating CRAB-SE 4 - - -
1550 Saleh Steel Industries Ltd. Corporate Initial Rating BBB2 BBB2(Lr) ST-3 Stable
1551 Saleh Trading Corporation SME Initial Rating CRAB-SE 4 - - -
1552 Saleha Traders SME Initial Rating CRAB-SE 4 - - -
1553 Salma Enterprise SME Initial Rating CRAB-SE 3 - - -
1554 SAM Pack Ltd. corporate Surveillance BB1 BB1(Lr) ST-3 Stable
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
38
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
1555 Sam Ree Dyeing (BD) Ltd. Corporate Surveillance - BB1(Lr) ST-3 -
1556 Samad Hardware Store SME Initial Rating CRAB-SE 4 - - -
1557 Samajik Seba Shanghathan Corporate Surveillance BB1 - - Stable
1558 Samannaz Condensed Milk Ltd. Corporate Surveillance A3 - ST-4 Stable
1559 Samannaz Dairy & Food Products Ltd. Corporate Surveillance A2 - ST-4 Stable
1560 Samannita Jono kallyan Kendra Corporate Initial Rating BB2 - - Stable
1561 Sameer Enterprise Corporate Surveillance - - ST-4 -
1562 Samrat Computer SME Initial Rating CRAB-SE 4 - - -
1563 Samrat Industries Corporate Surveillance - BBB3(Lr) ST-4 -
1564 Samrat Traders SME Surveillance CRAB-SE 3 - - -
1565 SAN Apparels Ltd. Corporate Surveillance BB2(Pr) - - -
1566 Sanitary World Corporate Surveillance - BBB2(Lr) - -
1567 Sansui Industry SME Surveillance CRAB-SE 4 - - -
1568 Sanuara Oil Mill SME Initial Rating CRAB-SE 4 - - -
1569 Sanwa Traders SME Initial Rating CRAB-SE 4 - - -
1570 Sanzi Textile Mills Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
1571 Saphena General & Dental Hospital Ltd. SME Initial Rating CRAB-ME 4 - - -
1572 Sara Enterprise SME Initial Rating CRAB-SE 4 - - -
1573 Sarda Mills SME Surveillance CRAB-ME 3 - - -
1574 Sarker Agro Firm Corporate Initial Rating - BB3(Lr) ST-4 -
1575 Sarker Printing & Publishing Corporate Surveillance - BBB1(Lr) ST-3 -
1576 Sarker Traders SME Surveillance CRAB-SE 4 - - -
1577 Sarma Plastic Industries Corporate Surveillance - BBB3(Lr) ST-4 -
1578 Satata Enterprise SME Initial Rating CRAB-SE 6 - -
1579 Satata Enterprise SME Initial Rating CRAB-SE 3 - - -
1580 Satkhira Feed Industries Ltd. corporate Surveillance - BB1(Lr) ST-3 -
1581 Sattar & Company SME Initial Rating CRAB-SE 4 - - -
1582 Satter & Brothers Corporate Surveillance - - ST-3 -
1583 Saturn Textiles Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
1584 Saurav Textile SME Initial Rating CRAB-SE 3 - - -
1585 Sayem Fashions Ltd. Corporate Initial Rating - BBB3(Lr) ST-3 -
1586 Sayeman Beach Resort Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable
1587 Sazzad Enterprise SME Initial Rating CRAB-SE 4 - - -
1588 Sazzad Steel Mills Corporate Initial Rating - BBB3(Lr) ST-3 -
1589 Sea Blue Textile Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable
1590 Sea Food Corporation Ltd. Corporate Surveillance BB3 BB3(Lr) ST-4 Stable
1591 Sea Tex Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable
1592 Secura Bangladesh Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
1593 Senu Miah Textile Corporate Surveillance - BBB3(Lr) ST-3 -
1594 Setara Fish Farm Ltd. Corporate Surveillance - BBB3(Lr) ST-4 -
1595 Seven Seas Shipping Corporate Surveillance - BB3(Lr) - -
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
39
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
1596 SF Enterprise SME Initial Rating CRAB-SE 3 - - -
1597 SF Sweaters Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable
1598 Shaad Bread and Biscuit SME Initial Rating CRAB-ME 3 - - -
1599 Shafiq Brothers Corporate Surveillance - BBB3(Lr) ST-3 -
1600 Shafiq Store 2 SME Initial Rating CRAB-SE 4 - - -
1601 Shah Alam Enterprise SME Initial Rating CRAB-ME 3 - - -
1602 Shah Amanat Cutting Center Corporate Surveillance - BBB2(Lr) ST-3 -
1603 Shah Amanat Enterprise SME Initial Rating CRAB-ME 3 - - -
1604 Shah Amanat Traders Corporate Surveillance - BB3(Lr) ST-4 -
1605 Shah Fatehullah Textile Mills Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable
1606 Shah Rice Mill SME Initial Rating CRAB-SE 3 - - -
1607 Shah River Dredging & Co. SME Initial Rating CRAB-ME 4 - - -
1608 Shah Sultan Textile Ltd. Corporate Surveillance - BB1(Lr) - -
1609 Shah Traders (Dinajpur) SME Surveillance CRAB-SE 3 - - -
1610 Shahab Uddin & Brothers SME Surveillance CRAB-SE 4 - - -
1611 Shahabuddin Decorators SME Initial Rating CRAB-ME 4 - - -
1612 Shahadat Hossain & Others SME Initial Rating CRAB-SE 4 - - -
1613 Shahanoor Hardware Store Corporate Surveillance - BBB3(Lr) - -
1614 Shaheen Enterprise SME Initial Rating CRAB-SE 4 - - -
1615 Shaheen Garments Corporate Surveillance - BB2(Lr) ST-3 -
1616 Shahid Aziz Dairy Farm SME Initial Rating CRAB-SE 4 - -
1617 Shahid Textile SME Surveillance CRAB-SE 4 - - -
1618 Shahin Traders Corporate Surveillance - - ST-3 -
1619 Shahjalal Flour Mills SME Initial Rating CRAB-SE 4 - - -
1620 Shahjalal Pathor Co. SME Surveillance CRAB-SE 4 - - -
1621 Shahjania Traders Corporate Surveillance - - ST-4 -
1622 Shahjibazar Power Company Ltd. Corporate Surveillance AA2 AA2(Lr) ST-1,ST-2 Stable
1623 Shaikat Knitwear Corporate Initial Rating - - ST-2 -
1624 Shajahan Enterprise SME Surveillance CRAB-SE 4 - - -
1625 Shajid Enterprise SME Initial Rating CRAB-SE 4 - - -
1626 Shakal Shandha Poultry Feed & Sister Concerns Corporate Surveillance - BBB3(Lr) - -
1627 Shakib Enterprise SME Initial Rating CRAB-SE 3 - - -
1628 Shakil & Hira Enterprise SME Surveillance CRAB-SE 4
1629 Shakil Enterprise & Auto Saw Mill SME Surveillance CRAB-ME 3 - - -
1630 Shakti Engineering Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-1 Stable
1631 Shampa Flour Mills Ltd. Corporate Surveillance AA1 AA1(Lr) ST-2 Stable
1632 Shams Engineering & Construction Ltd. SME Initial Rating CRAB-SE 4 - - -
1633 Shams Styling Wear Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable
1634 Shamsul Fakir & Son's SME Surveillance CRAB-ME 3 - - -
1635 Shangu Tex Ltd. corporate Surveillance BB1 - ST-4 Stable
1636 Shapla Bricks Company-2 SME Surveillance CRAB-SE 4 - - -
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
40
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
1637 Shapla Screen & Dyeing Printing Ltd. SME Surveillance CRAB-ME 4 - - -
1638 Sharif Clod Storage Ltd. Corporate Surveillance - A2(Lr) ST-3 -
1639 Sharoda Dal & Food Industries Corporate Initial Rating - BBB3(Lr) ST-3 -
1640 Sharoda Flour Mills Corporate Initial Rating - BBB3(Lr) ST-3 -
1641 Sharoda Traders Corporate Initial Rating - BBB3(Lr) ST-3 -
1642 Sharp Kargo Kare Ltd. Corporate Surveillance BB3 BB3(Lr) ST-4 Stable
1643 Shasha Denims Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable
1644 Shasha Garments Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable
1645 Shatu Pipes Ltd. SME Surveillance CRAB-SE 3 - - -
1646 Shatu Steels Ltd. Corporate Surveillance - - ST-3 -
1647 Shawon Fish Product (Pvt) Ltd. Corporate Surveillance - BBB3(Lr) ST-4 -
1648 Shayon Textile SME Initial Rating CRAB-SE 4 - - -
1649 Sheba CNG & Filling Station SME Surveillance CRAB-ME 3 - - -
1650 Sheba Steel SME Initial Rating CRAB-SE 4 - - -
1651 Shell Hometex Industry SME Initial Rating CRAB-SE 4 - - -
1652 Sheltech Ceramics Ltd. Corporate Initial Rating BBB2(Pr) - ST-3 -
1653 Sheltech Engineering Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
1654 Sheltech Technilogy ltd. Corporate Initial Rating BBB2 BBB2(Lr) ST-3 Stable
1655 Shetue Fish Food SME Initial Rating CRAB-SE 4 - - -
1656 Shoeb Corporation Ltd. Corporate Initial Rating - BBB2(Lr) ST-3 -
1657 Shoghanda SME Initial Rating CRAB-SE 4 - - -
1658 Shohag Enterprise SME Initial Rating CRAB-SE 4 - - -
1659 Shohagpur Textile Mills Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable
1660 Shohan Enterprise SME Initial Rating CRAB-ME 3 - - -
1661 Shohrab & Brothers SME Surveillance CRAB-ME 3 - - -
1662 Shomrat & Sumon Traders SME Surveillance CRAB-SE 3 - - -
1663 Shordar Varities SME Surveillance CRAB-SE 4 - - -
1664 Shova Enterprise SME Initial Rating CRAB-SE 4 - - -
1665 Shovon Enterprise Ltd. Corporate Surveillance - - ST-3 -
1666 Shovon Poly Bag Ind. Ltd. Corporate Surveillance - BBB3(Lr) - -
1667 Show Motion Ltd. Corporate Surveillance - A3(Lr) ST-3 -
1668 Shyamnagar Filling Station & It's sister Concer SME Initial Rating CRAB-SE 3 - - -
1669 SIC Syndicate Corporate Surveillance - - ST-3 -
1670 Siddeswari Clod Storage Ltd. Corporate Surveillance - A2(Lr) ST-3 -
1671 Sifat Enterprise Corporate Surveillance - BB3(Lr) ST-4 -
1672 Sigma Cottage Industries SME Initial Rating CRAB-SE 4 - - -
1673 Sikder Apparels Hosiery Ltd. Corporate Surveillance - BB3(Lr) ST-4 -
1674 Sikder Brick Field & Traders SME Initial Rating CRAB-ME 4 - - -
1675 Silkways Card & Printing Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
1676 Silkways Tous & Travels Limited SME Initial Rating CRAB-SE 4 - - -
1677 Silver Cresent Hospital Ltd. Corporate Initial Rating - BB2(Lr) ST-4 -
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
41
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
1678 Sinha Fabrics Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
1679 Sinha Industries Ltd. Corporate Initial Rating - A2(Lr) ST-3 -
1680 Sinsin Poly Ltd. Corporate Initial Rating BBB3 BBB3(Lr) ST-4 Stable
1681 Sirina Garments & Textiles Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -
1682 Siyam Bahumukhi Khamar SME Initial Rating CRAB-ME 4 - - -
1683 Siyam Traders SME Initial Rating CRAB-SE 4 - - -
1684 Skamp Garments Industries Ltd. Corporate Surveillance - BB1(Lr) ST-4 -
1685 Sky Phone SME Initial Rating CRAB-SE 4 - - -
1686 Skylark Fashions SME Initial Rating CRAB-SE 4 - - -
1687 Skyline Apparels Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable
1688 Skyline Garments Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable
1689 Smriti Moni Fashion SME Initial Rating CRAB-ME 4 - - -
1690 Sobhan Ice & Clod Storage Ltd. Corporate Surveillance - A2(Lr) ST-3 -
1691 Sobuj Corner SME Initial Rating CRAB-SE 4 - - -
1692 Sobuz Flour Mill Corporate Surveillance - BBB3(Lr) - -
1693 Socio Economic Health Education Organization Corporate Surveillance BBB3 - ST-4 Stable
1694 SOFCO International SME Initial Rating CRAB-SE 3 - - -
1695 Sohan Auto Rice Mill SME Initial Rating CRAB-SE 4 - - -
1696 Sohana Enterprise SME Initial Rating CRAB-ME 3 - - -
1697 Sohel Trading Corporation Ltd. Corporate Surveillance - BBB2(Lr) - -
1698 Solar Television Mfg. Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable
1699 Soleman Sowdagar SME Initial Rating CRAB-SE 4 - - -
1700 Solid Feeds Ltd. Corporate Surveillance - BBB3(Lr) - -
1701 Solid Flour Mills Ltd. SME Surveillance CRAB-SE 4 - - -
1702 Soma Bricks SME Surveillance CRAB-SE 4 - - -
1703 Sonali Paper & Board Mills Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
1704 Sonapahar Filling Station SME Surveillance CRAB-ME 3 - - -
1705 Sonda Cottage Industries SME Surveillance CRAB-SE 4 - - -
1706 Sonica Agri Foods Corporate Surveillance - BBB3(Lr) ST-3 -
1707 Sopura Silk Mills Ltd. Corporate Surveillance - BBB2(Lr) ST-3 -
1708 Sourav Fish Corporate Surveillance - BBB3(Lr) ST-3 -
1709 South Eastern Paper Mills Ltd. Corporate Surveillance BB1 BB1(Lr) ST-4 Stable
1710 Southern Clothings Ltd. Corporate Surveillance BB2 BB2(Lr) ST-4 Stable
1711 Southern Services Ltd. Corporate Surveillance BB2 BB2(Lr) ST-4 Stable
1712 SP Fashions Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable
1713 Spacio Apparel Ltd. SME Surveillance CRAB-ME 4 - - -
1714 Sparkle Company Corporate Surveillance - BB1(Lr) - -
1715 Speed Care Distribution Ltd. Corporate Initial Rating BB1 BB1(Lr) ST-4 Stable
1716 Speed Collection Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -
1717 Speed Fabric Ltd. Corporate Surveillance BBB3 - ST-3 Stable
1718 Speedway Logistics SME Surveillance CRAB-ME 3 - - -
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
42
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
1719 Sports Bazar SME Surveillance CRAB-SE 3 - - -
1720 Spring Trade Ltd. corporate Initial Rating - - ST-3 -
1721 Sreyaa Tradecon Ltd. Corporate Initial Rating BBB3 - ST-4 Stable
1722 Standard Collection Manufacturing Co. Corporate Surveillance - BBB3(Lr) ST-3 -
1723 Standard Group Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable
1724 Standard Group Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable
1725 Standard Stitches Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable
1726 Star Adhesive Ltd. Corporate Surveillance - A2(Lr) ST-3 -
1727 Star Fabrics SME Initial Rating CRAB-SE 4
1728 Star Line Auto Major Flour Mills Ltd. Corporate Surveillance - - ST-4 -
1729 Star Line Food Products Ltd. Corporate Surveillance - BBB3(Lr) ST-4 -
1730 Star Line Special Ltd. Corporate Surveillance - BBB2(Lr) ST-3 -
1731 Star Partical Board Mills Ltd. Corporate Surveillance AA3 AA3(Lr) ST-2 Stable
1732 Starling Rinse Effect Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
1733 Steel & Cement Corporation Corporate Surveillance - - ST-3 -
1734 Sterling Designs Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
1735 STN Corporation SME Initial Rating CRAB-SE 4 - - -
1736 Stone Age SME Initial Rating CRAB-SE 3 - - -
1737 STS Holdings Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable
1738 Style Craft Ltd. Corporate Initial Rating BBB1 BBB1(Lr) ST-3 Stable
1739 Sufia Fabrics Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable
1740 Sufia Food Industry Ltd. Corporate Initial Rating BBB3(Pr) - - -
1741 Sufia Traders SME Initial Rating CRAB-SE 4 - - -
1742 Sugandha Agro Fisheries SME Initial Rating CRAB-SE 4 - - -
1743 Sugandha Bakery SME Surveillance CRAB-ME 3 - - -
1744 Suja Enterprise SME Surveillance CRAB-SE 4 - - -
1745 Sultana International SME Initial Rating CRAB-SE 4 - - -
1746 Summit Alliance Port Ltd. Corporate Surveillance A1 A1(Lr) ST-3 Stable
1747 Sumon Enterprise SME Surveillance CRAB-ME 3 - - -
1748 Sumon Steel & Wooden Furniture SME Surveillance CRAB-SE 4 - - -
1749 Sumon Traders SME Surveillance CRAB-SE 3 - - -
1750 Sun Medical Service SME Initial Rating CRAB-SE 4 - - -
1751 Sunbeam Construction SME Initial Rating CRAB-ME 3 - - -
1752 Sundarban Industrial Complex Ltd. Corporate Surveillance - BBB1(Lr) ST-3 -
1753 Super Autos SME Initial Rating CRAB-SE 3 - - -
1754 Super Solid Bricks SME Initial Rating CRAB-SE 4 - - -
1755 Super Thai Plastic Ltd. Corporate Surveillance BB2 BB2(Lr) ST-4 Stable
1756 Supershine Apparel Ltd. Corporate Surveillance - - ST-4 -
1757 Supreme Kint Wear Ltd. Corporate Initial Rating BBB1 - ST-3 Stable
1758 Supreme Smart Wear Ltd. Corporate Initial Rating A3 A3(Lr) ST-3 Stable
1759 Surat Sanitary Hardware and Electric SME Initial Rating CRAB-SE 4 - - -
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
43
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
1760 Surma Enterprise SME Surveillance CRAB-ME 4 - - -
1761 Suvastu Development Ltd. corporate Surveillance A3 A3(Lr) ST-3 Stable
1762 Swan Metal Industries SME Initial Rating CRAB-SE 3 - - -
1763 Swandhi Traders SME Initial Rating CRAB-SE 3 - - -
1764 Swiss Tex Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable
1765 Syed Miah & Its Sister Concern SME Surveillance CRAB-SE 4 - - -
1766 Synergic Bangladesh Ltd. SME Surveillance CRAB-SE 4 - - -
1767 T A Traders SME Surveillance CRAB-SE 3 - - -
1768 T H Paper & Packaging Industries SME Surveillance CRAB-ME 4 - - -
1769 T M Electronics SME Initial Rating CRAB-SE 4 - - -
1770 Taher & Co. Ltd. Corporate Surveillance - BB3(Lr) ST-4 -
1771 Taj Enterprise Corporate Surveillance - BB1(Lr) - -
1772 Talukder Network SME Surveillance CRAB-SE 3 - - -
1773 Talukder Telecom SME Surveillance CRAB-SE 3 - - -
1774 Talukder Traders SME Surveillance CRAB-SE 4
1775 Tamim Semi Auto Rice Mill SME Initial Rating CRAB-SE 4 - - -
1776 Tanayabi Enterprise Corporate Surveillance - BB1(Lr) - -
1777 Tania Metal Industries SME Initial Rating CRAB-SE 3 - - -
1778 Tanima Knit Composite Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
1779 Tanmoy Enterprise SME Initial Rating CRAB-SE 4 - - -
1780 Taqwa Auto Imports SME Initial Rating CRAB-SE 4 - - -
1781 Tarasima Apparels Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable
1782 Taratex (BD) Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -
1783 Tareq Steel SME Initial Rating CRAB-ME 4 - - -
1784 Taskin Traders SME Initial Rating CRAB-SE 3 - -
1785 Taskin Traders SME Surveillance CRAB-SE 3 - - -
1786 Taslim Enterprise SME Initial Rating CRAB-SE 3 - - -
1787 Tawakkal Enterprise (Pvt.) Ltd. SME Initial Rating CRAB-SE 3 - - -
1788 Tawheed Plastic Industries Corporate Surveillance - BB2(Lr) ST-4 -
1789 Taz Enterprise SME Surveillance CRAB-SE 4 - - -
1790 TECH ME Engineering (Pvt) Ltd. Corporate Surveillance - - ST-3 -
1791 TECH ME Engineering (Pvt) Ltd. SME Surveillance CRAB-SE 3 - - -
1792 Techno HVAC System Ltd. Corporate Surveillance - BB1(Lr) ST-4 -
1793 Techven Properties Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
1794 Teco Electronics SME Surveillance CRAB-SE 3 - - -
1795 Tempaco Foils Ltd. Corporate Surveillance - - ST-3 -
1796 Tex Tailor Export (BD) Ltd. Corporate Surveillance - BBB3(Lr) ST-4 -
1797 Texcomm Exports Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -
1798 Texmart Trading Co. Ltd. Corporate Initial Rating - BBB3(Lr) - -
1799 Textile Horizon Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
1800 That's It Knit Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
44
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
1801 The Aristocrat Agro Ltd. - Auto Rice Mill Corporate Surveillance - BB2(Lr) - -
1802 The Bismillah Marine Service Corporate Initial Rating BBB3(Pr) - - -
1803 The Civil Engineers Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable
1804 The Electric View SME Surveillance CRAB-SE 3 - - -
1805 The Khorashani Trade International SME Initial Rating CRAB-SE 4 - - -
1806 The Peninsula Chittagong Ltd. Corporate Surveillance AA3 AA3(Lr) ST-3 Stable
1807 The Pipeline Engineers & Associates Ltd. Corporate Surveillance - AA2(Lr) ST-2 -
1808 The Raintree Dhaka Ltd. Corporate Initial Rating BBB3(Pr) - - -
1809 The Rani Re-Rolling Mills Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable
1810 The Rose Dresses Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
1811 Three Star Matsha Khamar SME Initial Rating CRAB-SE 4 - - -
1812 Three Star Traders SME Surveillance CRAB-SE 3 - - -
1813 Tiasha Mini Auto Rice Mill Corporate Surveillance - BB3(Lr) ST-4 -
1814 Tiger IT Bangladesh Ltd. Corporate Initial Rating BBB1 - ST-3 Stable
1815 Tilottoma Textile Mills Ltd. Corporate Surveillance BB1(Pr) - - -
1816 Tin Tara Auto Rice And Boiler Mill SME Initial Rating CRAB-SE 4 - - -
1817 Tip Top Fashions Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
1818 TMB Agro SME Surveillance CRAB-SE 4 - - -
1819 TNTS Enterprise Corporate Surveillance - BB1(Lr) - -
1820 Toma Concrete Ltd. Corporate Surveillance - BBB2(Lr) ST-3 -
1821 Toma Construction & Co. Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
1822 Tongi Oil Mill & Company Corporate Surveillance - BBB1(Lr) - -
1823 Tonmoy Traders Corporate Surveillance - BBB3(Lr) ST-3 -
1824 Top Jeans Ltd. Corporate Surveillance BB1 BB1(Lr) ST-3 Stable
1825 Top Spinning Mills (Pvt) Ltd. Corporate Initial Rating BBB2 BBB2(Lr) ST-3 Stable
1826 Top Star Fashions Ltd. Corporate Surveillance - - ST-4 -
1827 Total Agro & Aqua Culture Ltd. Corporate Surveillance BB1 BB1(Lr) ST-4 Stable
1828 Total Agro & Aqua Culture Ltd. Corporate Surveillance BB1 BB1(Lr) ST-4 Stable
1829 Total Air Services Ltd. Corporate Initial Rating - - ST-4 -
1830 Tower Inn International Ltd. Corporate Initial Rating BBB3 - - Stable
1831 Toyab Steel Corporation SME Surveillance CRAB-SE 4
1832 Trade International Marketing Ltd. Corporate Surveillance - BB1(Lr) ST-4 -
1833 Trade Port SME Surveillance CRAB-SE 4 - - -
1834 Trade Wave International SME Initial Rating CRAB-SE 4 - - -
1835 Traders Syndicate SME Initial Rating CRAB-SE 3 - - -
1836 Transworld Sweaters Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable
1837 Trust Mart SME Initial Rating CRAB-SE 3 - - -
1838 Tuha Enterprise SME Initial Rating CRAB-SE 3 - - -
1839 Tulip Enterprise Corporate Surveillance - - ST-3 -
1840 Tulip Steel Corporate Surveillance - BB1(Lr) ST-3 -
1841 Tulshi Industries Corporate Surveillance - BB1(Lr) ST-3 -
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
45
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
1842 Tung Hai Sweaters Ltd. corporate Surveillance - BB1(Lr) ST-4 -
1843 Tusher Traders SME Initial Rating CRAB-SE 4 - - -
1844 Tusuka Apparels Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
1845 Tusuka Denim Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
1846 Tusuka Fashions Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable
1847 Tusuka Jeans Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable
1848 Tusuka Washing Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
1849 UNI Traders SME Initial Rating CRAB-SE 4 - - -
1850 Unicom Media Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -
1851 Unicom Textile Mills Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
1852 Unifill Composite Dyeing Mills Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable
1853 Unifill Textile Mills Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-4 Stable
1854 Unilliance Textiles Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable
1855 Unipex Trade Corporation Ltd. Corporate Surveillance - - ST-4 -
1856 Unique Construction Pvt Ltd. Corporate Surveillance - - ST-3 -
1857 Unique Footwear Industries Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
1858 Unison Homoeo Laboratories Corporate Initial Rating - BBB2(Lr) - -
1859 United Apparels Industries Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable
1860 United Traders Corporate Surveillance - AA3(Lr) ST-2 -
1861 Universal Engineering SME Surveillance CRAB-SE 4 - - -
1862 Universal Menswear Ltd. Corporate Surveillance A2 A2(Lr) ST-3 Stable
1863 Universal Paper & Board Mills Ltd. Corporate Surveillance - AA3(Lr) ST-2 -
1864 Univet Limited corporate Surveillance - - ST-4 -
1865 Upoma Agro Farm SME Initial Rating CRAB-SE 4 - - -
1866 Usha Jute Spinners Ltd. Corporate Surveillance BBB2 BBB2(Lr) - Stable
1867 Uttara Bank Ltd. Corporate Surveillance AA3 - ST-2 Stable
1868 Uttara University Corporate Surveillance - BBB2(Lr) ST-3 -
1869 Uzzal Enterprise SME Surveillance CRAB-SE 3 - - -
1870 Vai Vai Rice Mill SME Surveillance CRAB-SE 4 - - -
1871 Valuka Feeds Corporate Surveillance - BBB3(Lr) - -
1872 Vastech Ltd. Corporate Surveillance - BB2(Lr) ST-4 -
1873 Venus Telecom Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -
1874 Vertex Innovative Apparels Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -
1875 Vertex Off-Dock Logistic Services Ltd. Corporate Initial Rating BBB2 BBB2(Lr) ST-3 Stable
1876 Vets Farma Formulations Corporate Surveillance - BB1(Lr) ST-4 -
1877 VIP Store SME Initial Rating CRAB-SE 3 - - -
1878 Virgo Fish & Agro Process Ltd. Corporate Surveillance - BB3(Lr) ST-4 -
1879 Vitalac Diary & Food Industries Ltd. Corporate Surveillance BBB1 BBB1(Lr) ST-3 Stable
1880 Viyellatex Limited Corporate Surveillance AA1 AA1(Lr) ST-1 Stable
1881 Viyellatex Spinning Ltd. Corporate Surveillance AA1 AA1(Lr) ST-1 Stable
1882 VOTT Oil Refineries Ltd. Corporate Surveillance AA1 AA1(Lr) ST-2 Stable
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
46
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
1883 Voyager Apparels Ltd. Corporate Surveillance - BBB3(Lr) ST-4 -
1884 W H Trims & Packaging Industries Ltd. Corporate Surveillance BBB3(Pr) - - -
1885 Wallford International Corporate Surveillance - BBB3(Lr) ST-3 -
1886 Wasco Biscuit & Bread Factory Corporate Surveillance - BBB1(Lr) ST-3 -
1887 Wasi Trade International SME Surveillance CRAB-ME 3 - - -
1888 Wasim Enterprise SME Surveillance CRAB-SE 3 - - -
1889 Waz Enterprise SME Initial Rating CRAB-SE 4 - - -
1890 Wear Mag Ltd. Corporate Surveillance AA2 AA2(Lr) ST-2 Stable
1891 Well Accessories Ltd. Corporate Surveillance - BBB1(Lr) ST-3 -
1892 Well Designers Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
1893 Well Dresses Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable
1894 Well Fashion Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable
1895 Well Foods Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
1896 Well Mart Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable
1897 Well Trade Corporate Surveillance - BBB3(Lr) ST-3 -
1898 Westecs Ltd. Corporate Surveillance - BB2(Lr) ST-4 -
1899 White House Enterprise SME Initial Rating CRAB-SE 4 - - -
1900 Widespread Solutions Ltd. Corporate Surveillance - BBB3(Lr) ST-3 -
1901 William Agencies Corporate Surveillance CRAB-SE 3 - - -
1902 Wilts Marketing Co. Ltd. Corporate Surveillance - - ST-3 -
1903 Winner Glass and technology Corporate Initial Rating - BB2(Lr) ST-4 -
1904 World Book Distribution Center Corporate Surveillance - BBB2(Lr) ST-3 -
1905 Y B Garments Limited. Corporate Surveillance A3 A3(Lr) ST-3 Stable
1906 Yakub & Brothers SME Initial Rating CRAB-SE 4 - - -
1907 Yeakin Polymer Ltd. corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
1908 Younus Cold Storage Ltd. Corporate Surveillance - A2(Lr) ST-3 -
1909 Younus Fine Paper Mills Ltd. Corporate Surveillance - AA3(Lr) ST-2 -
1910 Younus Newsprint Mill Ltd. Corporate Surveillance - A1(Lr) ST-3 -
1911 Younus Offset Paper Mills Ltd. Corporate Surveillance - AA3(Lr) ST-2 -
1912 Younus Paper Mills Ltd. Corporate Surveillance - A1(Lr) ST-3 -
1913 Younus Specialized Cold Storage Ltd. Corporate Surveillance - A2(Lr) ST-3 -
1914 Younus Spinning Mills Ltd. Corporate Surveillance A3 A3(Lr) ST-3 Stable
1915 Your Fashion Sweater Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
1916 Yousuf Bricks SME Surveillance CRAB-SE 4 - - -
1917 Yousuf Chemical Industry & Sister Concern SME Surveillance CRAB-ME 3 - - -
1918 Z A Traders SME Initial Rating CRAB-ME 3 - - -
1919 Zafar & Co. SME Initial Rating CRAB-SE 4 - - -
1920 Zakir Textile Corporate Surveillance - - ST-3 -
1921 Zakmars Fashion Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-3 Stable
1922 Zaman Traders Corporate Surveillance - BBB3(Lr) ST-3 -
1923 Zaman Traders (Cox's Bazar) SME Surveillance CRAB-SE 4 - - -
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
47
Rating Update - September 2016 (Update up to 30 September 2016)
Sl No. Name of Client/Company Company/Firm TypeRating Type Entity Loan Ratings(Alphabetical order) Rating Long Term Short
Term*Outlook
1924 Zannat Steel Corporation SME Initial Rating CRAB-SE 4 - - -
1925 Zantric automobiles SME Initial Rating CRAB-SE 4 - - -
1926 Zara Zaman Technology SME Initial Rating CRAB-SE 3 - - -
1927 Zemeco Tiles SME Initial Rating CRAB-SE 4 - - -
1928 Zenith Fabrics Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable
1929 Zenith Spinning Ltd. Corporate Surveillance BBB3 BBB3(Lr) ST-4 Stable
1930 Zerin Trade International SME Surveillance CRAB-SE 3 - - -
1931 Zia Traders SME Initial Rating CRAB-SE 4 - - -
1932 Zian Tex SME Initial Rating CRAB-SE 4 - - -
1933 Zillu Motors SME Initial Rating CRAB-SE 3 - - -
1934 Zinia Trade International SME Surveillance CRAB-SE 3 - - -
1935 Ziri Subedar Steel Re-Rolling Mills Corporate Surveillance - BB1(Lr) ST-4 -
1936 Ziska Pharmaceuticals Ltd. Corporate Surveillance BBB2 BBB2(Lr) ST-3 Stable
1937 ZM Traders SME Surveillance CRAB-SE 4 - - -
1938 Zobair Traders SME Surveillance CRAB-SE 4 - - -
1939 Zulfiquer Enterprise SME Surveillance CRAB-ME 3 - - -
1940 Zuma Enterprise Corporate Surveillance - BB1(Lr) ST-4 -
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
* 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, Executive Vice PresidentCell: 01713 032807, E-mail: [email protected]
Mohammed Tajul Islam, Senior Vice President & Chief Rating OfficerCell: 01713 002320, E-mail: [email protected]
Ehsanul Kabir, Vice PresidentCell: 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
48
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
29-Jun-17
04-Mar-17
12-Apr-17
23-Dec-16
03-Aug-17
10-May-17
20-Jul-17
18-Oct-16
22-Oct-16
30-Jun-17
20-Apr-17
25-Nov-16
25-Nov-16
23-Dec-16
30-Mar-17
10-May-17
31-Dec-16
30-Jun-17
30-Dec-16
31-Aug-17
17-Feb-17
27-Oct-16
18-May-17
20-Oct-16
15-Sep-17
06-Jul-17
15-Dec-16
12-Oct-16
30-Aug-17
04-May-17
30-Jun-17
03-Aug-17
08-Jun-17
30-Sep-16
30-Jun-17
30-Jun-17
30-Jun-17
30-Jun-17
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
49
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
06-May-17
30-Jun-17
30-Jun-17
30-Jun-17
27-Apr-17
30-Jun-17
21-Nov-16
01-Dec-16
01-Dec-16
01-Dec-16
12-Oct-17
17-Dec-16
17-Aug-17
29-Jun-17
26-Mar-17
10-Feb-17
28-Feb-17
29-Sep-17
29-Jun-17
19-Mar-17
26-Feb-17
13-Aug-17
11-Nov-16
14-Dec-16
29-Sep-17
09-Sep-17
17-Aug-17
04-May-17
20-May-17
29-Jun-17
11-Feb-17
30-Jun-17
28-Nov-16
23-Aug-17
30-Mar-17
10-Feb-17
30-Jun-17
06-Oct-16
25-Nov-16
16-Mar-17
** 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
50
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
03-Nov-16
20-Jul-17
29-Jun-17
21-Sep-17
23-Dec-16
31-Mar-17
17-Feb-17
04-Feb-17
30-Nov-16
31-Dec-16
30-Jul-17
30-Jul-17
28-Sep-17
21-Mar-17
17-Aug-17
12-Oct-17
28-Sep-17
29-Dec-16
30-Jul-17
29-Jun-17
30-Jun-17
27-Dec-16
31-Dec-16
28-Dec-16
02-Dec-16
30-Jun-17
31-Dec-16
18-Nov-16
29-Jun-17
18-May-17
17-Sep-17
30-Dec-16
23-Dec-16
21-Sep-17
29-Dec-17
30-Jun-17
31-Oct-16
31-Dec-16
31-Dec-16
24-Mar-17
30-Jun-17
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
51
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
30-Nov-16
25-Feb-17
31-Dec-16
31-Dec-16
31-Dec-16
30-Jun-17
03-Aug-17
31-Oct-16
25-Jul-17
02-Dec-16
20-Jul-17
28-Sep-17
22-Jun-17
25-Nov-16
05-Nov-16
10-Jun-17
31-Jul-17
05-Apr-17
20-Jul-17
31-Dec-16
31-Dec-16
31-Dec-16
31-Dec-16
30-Dec-16
18-Nov-16
23-Mar-17
30-Dec-16
17-Sep-17
30-Dec-16
04-May-17
26-Jun-17
26-Aug-17
10-Jun-17
15-Mar-17
22-Oct-16
30-Jun-17
30-Dec-16
30-Jun-17
05-Feb-17
29-Jun-17
21-Sep-17
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
52
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
08-Dec-16
30-Sep-16
30-Dec-16
31-Dec-16
31-Dec-16
30-Sep-16
30-Jun-17
30-Jun-17
18-Oct-16
28-Sep-17
11-May-17
04-Mar-17
10-Feb-17
10-Feb-17
28-Sep-17
20-Oct-16
21-Sep-17
31-Aug-17
29-Dec-16
30-Jul-17
30-Dec-16
03-Feb-17
21-Sep-17
29-Sep-17
27-Apr-17
31-Mar-17
30-Mar-17
06-Sep-17
17-Feb-17
30-Mar-17
30-Sep-16
28-Feb-17
14-Sep-17
30-Mar-17
18-Nov-16
18-May-17
28-Dec-16
04-May-17
30-Dec-16
03-Aug-17
17-Oct-16
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
53
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
28-Sep-17
23-Mar-17
17-Aug-17
17-Aug-17
15-Dec-16
30-Mar-17
25-Nov-16
03-Feb-17
30-Jul-17
23-Aug-17
30-Jun-17
14-Nov-16
03-Nov-16
30-Mar-17
29-Dec-16
29-Dec-16
29-Dec-16
20-Nov-16
29-Dec-16
08-Jun-17
13-Jul-17
23-Aug-17
28-Sep-17
30-Jul-17
22-Oct-17
02-Dec-16
18-May-17
30-Mar-17
27-Apr-17
21-Sep-17
27-Jul-17
29-Mar-17
06-Sep-17
18-May-17
12-Feb-17
04-Feb-17
04-Feb-17
30-Mar-17
28-Feb-17
30-Jun-17
29-Jun-17
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
54
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
29-Oct-16
02-Mar-17
29-Dec-16
29-Dec-16
23-Dec-16
12-Apr-17
28-Dec-16
29-Dec-16
15-Dec-16
28-Dec-16
29-Jun-17
27-Oct-16
13-May-17
18-Feb-17
30-Jun-17
30-Jun-17
30-Jun-17
31-Dec-16
29-Jun-17
30-Jun-17
11-Mar-17
27-Apr-17
29-Mar-17
30-Dec-16
03-Feb-17
23-Dec-16
02-Dec-16
30-Jul-17
30-Jul-17
30-Sep-17
30-Jul-17
30-Jun-17
31-Dec-16
22-Jun-17
28-Sep-17
29-Jun-17
29-Jun-17
22-Jul-17
03-Nov-16
29-Dec-16
29-Sep-17
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
55
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
14-Dec-16
15-Jun-17
30-Jun-17
10-Jun-17
26-Dec-16
18-Jun-17
14-Dec-16
19-Aug-17
29-Jun-17
12-Apr-17
12-Oct-17
09-Dec-16
30-Dec-16
04-Jun-17
06-Apr-17
15-Dec-16
17-Aug-17
31-Dec-16
30-Nov-16
30-Sep-16
27-Apr-17
30-Mar-17
19-Mar-17
30-Mar-17
29-Nov-16
03-Feb-17
22-Jun-17
28-Sep-17
02-Dec-16
01-Jun-17
29-Jun-17
28-Nov-16
28-Dec-16
30-Jun-17
22-Jun-17
03-Feb-17
21-Sep-17
11-Aug-17
11-Nov-16
25-Nov-16
10-Aug-17
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
56
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
30-Sep-16
25-Nov-16
15-Dec-16
23-Dec-16
31-May-17
26-Jan-17
15-Jun-17
24-Sep-17
15-Dec-16
15-Dec-16
10-Jun-17
05-Mar-17
30-Dec-16
15-Dec-16
23-Dec-16
10-Feb-17
05-Apr-17
29-Sep-17
05-Aug-17
30-Mar-17
30-Mar-17
04-Apr-17
14-Sep-17
29-Dec-16
18-May-17
21-Mar-17
21-Sep-17
28-Nov-16
18-Oct-16
03-Feb-17
28-Sep-17
28-May-17
17-Jun-17
21-May-17
31-Dec-16
31-Dec-16
31-Dec-16
31-Dec-16
31-Dec-16
23-Dec-16
31-Jul-17
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
57
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
17-Jun-17
30-Jun-17
28-Feb-17
17-Feb-17
12-Apr-17
04-Feb-17
25-Nov-16
16-Sep-17
30-Jun-17
30-Sep-16
21-Sep-17
28-Nov-16
30-Dec-16
14-Dec-16
29-Dec-16
15-Nov-16
30-Oct-16
28-May-17
30-Jun-17
17-Nov-16
01-Jun-17
30-Apr-17
30-Apr-17
11-May-17
29-Jun-17
11-May-17
21-Jul-17
11-May-17
23-Mar-17
11-May-17
29-Jun-17
27-Apr-17
29-Dec-16
27-May-17
29-Dec-16
30-Mar-17
05-Jun-17
15-Dec-16
03-Nov-16
30-Jun-17
26-Dec-17
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
58
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
11-Jul-17
22-Apr-17
05-Nov-16
30-Dec-16
30-Aug-17
31-Dec-16
30-Nov-16
30-Jun-17
10-Feb-17
23-Dec-16
02-Dec-16
25-May-17
31-Dec-16
26-Aug-17
31-May-17
23-Dec-16
08-Jun-17
17-Aug-17
28-Sep-17
29-Jun-17
28-Sep-17
14-Dec-16
29-Dec-16
03-Aug-17
31-Jul-17
15-Dec-16
29-Sep-17
28-Sep-17
30-Jun-17
21-Dec-16
30-Dec-16
14-Dec-16
14-Dec-16
30-Jun-17
30-Jun-17
28-Sep-17
05-Nov-16
19-Aug-17
07-Nov-16
22-Jun-17
06-Sep-17
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
59
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
12-Apr-17
29-Jun-17
31-Dec-16
14-Dec-16
18-May-17
15-Jun-17
15-Mar-17
21-Sep-17
25-Mar-17
31-Dec-16
31-Dec-16
30-Nov-16
31-Dec-16
31-Dec-16
31-Dec-16
31-Dec-16
30-Mar-17
12-Oct-17
31-Dec-16
29-Jun-17
10-Aug-17
29-Dec-16
30-Jun-17
31-Dec-16
31-Dec-16
31-Dec-16
31-Dec-16
15-Jun-17
10-Sep-17
18-Nov-16
06-Oct-16
30-Jun-17
09-Dec-16
30-Jun-17
30-Jun-17
30-Jun-17
30-Jun-17
21-Sep-17
12-Mar-17
04-Sep-17
16-Dec-16
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
60
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
02-Mar-17
30-Jun-17
30-Dec-16
15-Mar-17
29-Jun-17
30-Jul-17
22-Jun-17
28-Sep-17
30-Mar-17
01-Jun-17
29-Dec-16
27-Dec-16
18-Mar-17
29-Jun-17
05-Aug-17
16-Dec-16
30-Jun-17
31-Mar-17
29-Dec-16
30-Jul-17
16-Dec-16
30-Jun-17
30-Jun-17
22-Apr-17
30-Dec-16
17-Aug-17
30-Dec-16
15-Sep-17
03-Nov-16
31-Dec-16
01-Dec-16
30-Jun-17
29-Dec-16
30-Jul-17
29-Dec-17
25-Mar-17
10-Feb-17
02-Dec-16
15-Mar-17
14-Dec-16
14-Dec-16
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
61
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
29-Jun-17
30-Mar-17
02-Sep-17
15-Dec-16
31-Jan-17
30-Jun-17
21-Mar-17
30-Jun-17
04-May-17
04-May-17
28-Dec-16
02-Mar-17
30-Dec-16
29-Dec-16
29-Sep-17
15-Mar-17
30-Jun-17
29-Sep-17
28-Sep-17
28-Sep-17
21-May-17
15-Nov-16
02-Dec-16
03-Feb-17
03-Feb-17
30-Apr-17
30-Jul-17
09-Dec-16
07-Dec-16
15-Dec-16
22-Jun-17
04-May-17
09-Dec-16
11-May-17
31-Dec-17
20-May-17
03-Nov-17
20-May-17
20-May-17
20-May-17
20-May-17
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
62
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
30-Dec-16
29-Dec-16
06-Sep-17
30-Jun-17
15-Jun-17
02-Mar-17
18-May-17
20-May-17
06-May-17
31-Dec-16
30-Dec-16
31-May-17
29-Jun-17
22-Oct-16
31-Mar-17
31-Dec-16
18-Nov-16
11-Dec-16
17-Oct-16
17-Oct-16
31-Dec-16
17-Nov-16
17-Oct-16
17-Oct-16
30-Sep-17
21-Sep-17
15-Dec-16
11-Feb-17
30-Nov-16
25-Feb-17
28-Sep-17
17-Dec-16
30-Jun-17
19-May-17
29-Dec-16
15-Dec-16
30-Oct-16
30-Jun-17
22-Dec-16
30-Dec-16
03-Sep-17
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
63
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
27-Mar-17
29-Jun-17
30-Mar-17
31-Mar-17
30-Dec-16
10-Feb-17
05-Aug-17
30-Dec-16
24-Nov-16
15-Dec-16
22-Oct-16
20-May-17
30-Mar-17
14-Dec-16
15-Dec-16
11-May-17
10-Aug-17
23-Mar-17
10-Mar-17
21-May-17
30-Oct-16
15-Sep-17
29-Dec-16
30-Dec-16
21-Mar-17
20-May-17
17-Feb-17
10-May-17
25-May-17
29-Dec-16
30-Jun-17
02-Dec-16
18-Nov-16
03-Feb-17
13-Dec-16
05-Nov-16
20-Oct-16
30-Jul-17
29-Jun-17
13-Mar-17
23-Dec-16
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
64
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
13-Dec-16
30-Sep-17
31-Dec-16
30-Jun-17
31-Dec-16
23-Dec-16
29-Jun-17
29-Mar-17
15-Sep-17
28-Dec-16
28-Dec-16
28-Dec-16
27-Jun-17
30-Jul-17
28-Dec-16
20-Jul-17
29-Jun-17
29-Mar-17
29-Jun-17
31-Aug-17
31-Mar-17
02-Apr-17
14-Nov-17
31-Dec-16
20-Apr-17
17-Feb-17
28-Sep-17
30-Jun-17
14-Nov-16
20-Apr-17
01-Jun-17
11-Nov-16
30-Jul-17
29-Oct-16
10-Aug-17
08-Jul-17
15-Dec-16
30-Dec-16
11-Dec-16
31-Mar-17
03-Nov-16
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
65
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
11-Mar-17
19-Mar-17
02-Mar-17
02-Dec-16
18-May-17
16-Dec-16
18-Nov-16
15-Dec-16
25-Nov-16
07-Jul-17
15-Dec-16
29-Jun-17
17-Nov-16
15-Jun-17
22-Jan-17
20-Oct-16
10-Feb-17
31-Aug-17
27-Oct-16
12-Apr-17
15-Jun-17
05-Apr-17
05-Apr-17
31-Dec-16
30-Jun-17
22-Jun-17
15-Dec-16
30-Dec-16
03-Aug-17
15-May-17
31-Dec-16
30-Nov-16
18-Nov-16
30-Mar-17
18-Nov-16
29-Oct-16
30-Jun-17
30-Apr-17
30-Sep-17
30-Dec-16
31-Dec-16
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
66
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
30-Nov-16
30-Jun-17
25-Mar-17
29-Dec-16
31-Dec-16
31-Dec-16
31-Dec-16
21-Nov-16
31-Jul-17
22-Oct-16
22-Jun-17
30-Mar-17
23-Dec-16
24-Feb-17
11-Nov-16
27-Apr-17
21-May-17
30-Mar-17
31-Oct-16
17-Feb-17
30-Jun-17
31-Dec-17
30-Sep-16
02-Dec-16
20-Oct-16
30-Jun-17
30-Apr-17
15-Dec-16
30-Jul-17
15-Mar-17
15-Sep-17
31-Dec-16
30-Jun-17
31-Dec-16
31-Dec-16
31-Dec-16
20-Jul-17
15-Sep-17
26-Nov-16
29-Jun-17
15-Jun-17
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
67
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
18-Jun-17
03-Nov-16
24-Sep-17
16-Dec-16
06-Dec-16
29-May-17
29-Jun-17
22-Oct-16
03-Nov-16
31-Dec-16
24-Feb-17
24-Dec-16
03-Feb-17
10-Feb-17
15-Oct-16
08-Jun-17
04-Dec-16
20-Dec-16
22-Oct-16
20-Oct-16
30-Jun-17
02-Mar-17
06-May-17
02-Dec-16
14-Dec-16
30-Dec-16
13-Dec-16
16-Sep-17
30-Jun-17
21-Sep-17
25-Nov-16
20-Aug-17
15-Sep-17
24-Feb-17
02-Mar-17
27-Apr-17
18-Jun-17
15-Dec-16
07-Jan-17
06-Oct-16
28-Dec-16
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
68
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
30-Jul-17
28-Jan-17
18-Nov-16
20-Aug-17
31-Oct-16
31-Oct-16
31-Dec-16
23-Mar-17
05-Aug-17
25-Nov-16
21-Sep-17
18-Nov-16
30-Jun-17
28-Sep-17
27-May-17
29-Sep-17
21-Sep-17
25-Nov-16
21-Sep-17
14-Dec-16
24-Sep-17
29-Sep-17
11-Aug-17
29-Jun-17
29-Dec-17
03-Feb-17
29-Jun-17
11-May-17
01-Jun-17
01-Jun-17
30-Jul-17
30-Dec-16
31-Dec-16
25-Nov-16
25-Feb-17
04-May-17
15-Jun-17
22-Oct-16
22-Apr-17
27-Oct-16
28-Sep-17
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
69
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
30-Jun-17
18-Jun-17
30-Jul-17
29-Jun-17
09-Dec-16
24-Feb-17
27-Jan-17
23-Aug-17
14-Nov-16
05-Aug-17
21-Sep-17
03-Feb-17
31-May-17
19-Dec-16
03-Nov-16
23-Dec-16
15-Dec-16
21-Oct-16
20-May-17
03-Feb-17
15-Sep-17
12-Apr-17
27-Oct-16
12-Apr-17
11-Feb-17
11-Feb-18
15-Jun-17
30-Dec-16
30-Sep-16
07-Jul-17
30-Dec-16
29-Oct-16
12-Mar-17
08-Jun-17
05-Oct-17
21-Dec-16
21-Dec-16
14-Dec-16
30-Dec-17
29-Jun-17
30-Jul-17
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
70
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
14-Dec-16
11-Nov-16
31-Mar-17
11-Feb-17
30-Jun-17
28-Apr-17
11-May-17
30-Dec-16
20-Jul-17
06-Jul-17
30-Jun-17
20-Apr-17
27-Oct-16
28-May-17
28-May-17
26-Jan-17
29-Jun-17
15-Dec-16
15-Dec-16
28-Dec-16
28-Dec-16
29-Dec-16
29-Jun-17
31-Dec-16
16-Dec-16
15-Jun-17
29-Jun-17
09-Dec-16
02-Sep-17
27-Oct-16
29-Jun-17
25-Nov-16
01-Dec-16
30-Jun-17
30-Mar-17
05-Aug-17
06-May-17
15-Dec-16
05-Mar-17
09-Dec-16
21-Sep-17
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
71
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
30-Dec-16
29-Jun-17
20-May-17
21-Apr-17
29-Sep-17
02-Jun-17
02-May-17
30-Dec-16
17-Jun-17
30-Nov-16
09-Dec-16
12-Oct-17
06-Nov-16
28-Apr-17
29-Jun-17
20-Oct-16
28-Sep-17
22-Jul-17
20-Oct-16
30-Nov-16
22-Apr-17
29-Dec-16
07-Nov-16
21-May-17
20-Oct-16
20-Oct-16
30-Jul-17
11-Nov-16
03-Apr-17
11-May-17
30-Jul-17
29-Nov-16
25-Sep-17
04-Feb-17
27-Jan-17
06-Oct-16
21-May-17
31-Dec-16
03-Feb-17
02-Dec-16
06-Jun-17
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
72
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
30-Sep-16
15-Dec-16
29-Dec-16
08-Jun-17
04-May-17
23-Aug-17
30-Mar-17
25-Nov-16
31-Mar-17
20-Nov-16
05-Oct-17
15-Sep-17
29-Sep-17
12-Oct-17
30-Oct-16
20-Oct-16
20-Oct-16
12-Apr-17
22-Oct-16
11-Jun-17
06-Oct-16
30-Mar-17
29-Jun-17
17-Dec-16
09-Dec-16
30-Jun-17
18-Nov-16
23-Dec-16
20-May-17
17-Jun-17
25-Nov-16
29-Sep-17
27-Apr-17
30-Sep-17
30-Nov-16
08-Jun-17
15-Dec-16
30-Mar-17
06-Sep-17
28-Nov-16
31-Dec-16
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
73
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
30-Jun-17
16-Dec-16
26-Aug-17
22-Apr-17
30-Jun-17
30-Dec-16
05-Aug-17
30-Mar-17
01-Jun-17
18-Nov-16
12-Apr-17
30-Sep-16
28-Apr-17
14-Dec-16
28-Sep-17
17-Jun-17
11-Nov-16
18-Feb-17
03-Jun-17
15-Dec-16
21-Sep-17
24-Feb-17
09-Dec-16
30-Jun-17
18-Nov-16
17-Aug-17
26-Feb-17
10-Jun-17
28-Sep-17
31-Dec-16
06-Apr-17
02-Dec-16
20-Jul-17
31-Dec-16
30-Jun-17
27-Jan-17
15-Jun-17
30-Jun-17
31-Dec-16
31-Dec-16
11-May-17
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
74
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
11-Nov-17
28-Dec-16
02-Dec-16
03-Sep-17
30-Jun-17
27-Apr-17
30-Jun-17
30-Jun-17
06-Oct-16
26-Jan-17
05-Nov-16
21-Sep-17
27-Jan-17
28-Jun-17
30-Mar-17
18-Jun-17
10-Jun-17
10-Feb-17
30-Sep-16
23-Dec-16
05-Aug-17
23-Dec-16
24-Feb-17
31-Aug-17
01-Oct-16
11-May-17
30-Sep-16
30-Jul-17
30-Dec-16
15-Jun-17
30-Jul-17
30-Mar-17
30-Jun-17
30-Jun-17
15-Dec-16
05-Dec-16
29-Mar-17
31-Mar-17
30-Aug-17
09-Dec-16
05-Jun-17
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
75
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
22-Jun-17
29-Dec-16
29-Sep-17
30-Dec-16
18-Oct-16
30-Jul-17
25-Nov-16
30-Mar-17
31-Aug-17
21-Sep-17
30-Dec-16
31-Mar-17
31-Mar-17
16-Dec-16
21-May-17
28-Apr-17
27-Sep-17
11-Dec-16
06-Oct-16
30-Jun-17
30-Dec-16
12-Oct-17
21-Sep-17
10-Jun-17
29-Dec-16
27-Apr-17
30-Dec-16
23-Dec-16
28-Sep-17
28-Sep-17
16-Dec-16
09-Sep-17
23-Aug-17
01-Jun-17
30-Jul-17
30-Nov-16
30-Mar-17
06-May-17
15-Jun-17
02-Dec-16
20-Apr-17
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
76
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
10-Sep-17
31-Dec-16
30-Jul-17
17-Jun-17
20-Oct-16
29-Jun-17
30-Dec-16
30-Dec-16
23-Dec-16
30-Mar-17
25-Nov-16
30-Dec-16
21-Mar-17
16-Sep-17
15-Dec-16
11-Mar-17
11-May-17
18-Oct-16
30-Sep-16
17-Aug-17
06-May-17
23-Dec-16
13-Jul-17
23-Mar-17
15-Dec-16
05-Nov-16
12-Apr-17
04-May-17
28-Nov-16
23-Mar-17
09-Sep-17
31-Aug-17
11-Nov-16
04-May-17
05-Dec-16
28-Sep-17
20-May-17
20-May-17
12-Oct-17
30-Sep-16
30-Dec-16
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
77
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
11-May-17
31-Jan-17
06-Oct-16
18-May-17
04-Mar-17
11-Mar-17
03-Feb-17
11-May-17
12-Oct-17
30-Jun-17
04-May-17
22-Oct-16
29-Dec-16
21-Dec-16
30-Jun-17
22-Jun-17
11-May-17
10-Feb-17
30-Jul-17
29-Jun-17
09-Mar-17
30-Jun-17
11-Aug-17
06-Oct-16
30-Jul-17
28-May-17
13-Nov-16
27-Oct-16
23-Mar-17
08-Jun-17
31-Dec-16
28-Sep-17
15-Aug-17
29-Jul-17
02-Dec-16
08-Dec-16
29-Jun-17
29-Jun-17
29-Jun-17
31-Aug-17
29-Jun-17
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
78
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
28-Sep-17
30-Jul-17
24-Feb-17
28-Feb-17
31-Aug-17
21-Sep-17
19-Dec-16
19-Dec-16
30-Jun-17
15-Sep-17
31-Aug-17
30-Jul-17
18-Nov-16
04-May-17
29-Jun-17
30-Jun-17
13-May-17
31-Mar-17
18-Jun-17
17-Oct-16
03-Nov-16
31-Oct-16
20-Apr-17
28-Sep-17
28-Dec-16
28-Dec-16
15-Dec-16
18-Nov-16
30-Jun-17
10-May-17
11-Feb-17
30-Dec-16
30-Dec-16
30-Dec-16
15-Jun-17
06-Oct-17
29-Jun-17
30-Dec-16
30-Dec-16
31-Mar-17
27-Dec-16
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
79
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
23-Aug-17
17-Jun-17
20-Oct-16
20-Oct-16
20-Oct-16
31-Dec-16
30-Jun-17
17-Jun-17
30-Jun-17
11-Nov-16
05-Apr-17
09-Dec-16
06-Nov-16
10-Jun-17
22-Jun-17
29-Jun-17
10-Feb-17
29-Dec-16
30-Aug-17
28-Feb-17
21-May-17
18-Nov-16
25-Sep-17
30-Dec-16
29-Sep-17
31-Mar-17
31-Mar-17
11-Nov-16
30-Jun-17
08-Dec-16
27-Apr-17
04-Feb-17
19-Aug-17
08-Dec-16
30-Mar-17
30-Jun-17
30-Jun-17
06-Oct-17
29-Dec-16
19-Sep-17
30-Mar-17
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
80
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
03-Aug-17
19-Mar-17
30-Dec-16
24-Sep-17
29-Sep-17
15-Dec-16
30-Aug-17
12-Oct-17
11-Nov-16
25-Nov-16
28-Sep-17
12-Apr-17
02-Dec-16
28-Sep-17
15-Dec-16
15-Dec-16
31-Aug-17
31-May-17
14-Mar-17
23-Dec-16
15-Mar-17
30-Dec-16
21-Sep-17
22-Jun-17
27-Sep-17
06-Sep-17
09-Dec-16
18-May-17
11-Nov-16
30-Jul-17
29-Sep-17
15-Mar-17
29-Dec-16
02-Mar-17
27-May-17
21-Apr-17
28-Dec-16
21-Sep-17
30-Dec-16
16-Dec-16
22-Sep-17
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
81
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
30-Dec-16
30-Jun-17
01-Jun-17
01-Jun-17
01-Jun-17
01-Jun-17
29-Dec-16
05-Nov-16
31-Jul-17
15-Nov-16
03-Feb-17
29-Jun-17
15-Dec-16
15-Dec-16
15-Nov-17
04-Feb-17
15-Dec-16
04-Dec-16
25-Nov-16
30-Mar-17
30-Mar-17
30-Mar-17
31-Mar-17
04-Apr-17
11-Mar-17
02-Mar-17
29-Jun-17
30-Jun-17
08-Jun-17
27-Apr-17
09-Mar-17
09-Dec-16
21-Sep-17
30-Mar-17
30-Mar-17
30-Mar-17
30-Mar-17
31-Aug-17
27-Apr-17
29-Jun-17
20-Apr-17
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
82
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
27-Apr-17
15-Jun-17
31-Dec-16
27-Oct-16
30-Mar-17
27-May-17
06-Jul-17
22-Oct-16
10-Feb-17
21-Sep-17
20-Oct-16
31-Aug-17
20-Dec-16
01-Dec-16
20-Nov-16
29-Jun-17
28-Nov-16
23-Aug-17
16-Dec-16
30-Aug-17
15-Dec-16
15-Dec-16
29-Oct-16
30-Mar-17
03-Nov-16
03-Nov-16
31-Aug-17
03-Feb-17
27-Apr-17
30-Mar-17
22-Apr-17
03-Aug-17
08-Dec-16
30-Mar-17
17-Feb-17
11-Nov-16
20-Apr-17
08-Jun-17
31-Oct-16
22-Jun-17
15-Mar-17
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
83
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
06-Sep-17
14-Mar-17
31-Aug-17
18-Nov-16
21-Mar-17
21-Mar-17
15-Dec-16
18-Apr-17
30-Jun-17
04-Aug-17
30-Mar-17
17-Jun-17
23-Aug-17
30-Sep-17
04-Mar-17
29-Jun-17
12-Apr-17
29-May-17
29-Oct-16
09-Dec-16
20-Oct-16
15-Dec-16
05-Mar-17
04-May-17
28-Sep-17
09-Dec-16
09-Dec-16
04-Feb-17
11-May-17
30-Oct-16
28-Jul-17
31-Aug-17
28-Sep-17
17-Feb-17
20-Jul-17
30-Jun-17
08-May-17
25-Nov-16
10-Aug-17
31-Dec-16
30-Oct-16
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
84
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
17-Nov-16
10-May-17
31-Oct-16
22-Jun-17
12-Apr-17
29-Oct-16
30-Dec-17
28-Oct-16
06-Oct-16
29-Jun-17
09-Dec-16
29-Jun-17
30-Nov-16
05-Apr-17
27-May-17
17-Feb-17
15-Dec-16
10-Dec-16
31-Mar-17
03-Nov-16
31-Mar-17
22-Oct-16
31-Mar-17
31-Mar-17
04-Feb-17
20-Jul-17
27-Oct-16
20-Oct-16
10-Feb-17
06-Oct-16
30-Jun-17
15-Apr-17
17-Feb-17
27-May-17
09-Dec-16
27-Oct-16
25-Nov-16
25-Nov-16
17-Feb-17
27-Apr-17
28-Sep-17
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
85
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
28-Feb-17
17-Feb-17
01-Jun-17
03-Feb-17
28-Apr-17
30-Jul-17
18-Oct-16
29-Dec-16
30-Mar-17
28-Sep-17
28-Sep-17
15-Jun-17
22-Jun-17
17-Aug-17
11-Nov-16
08-Jun-17
29-Jun-17
29-Jun-17
02-Mar-17
30-Mar-17
21-Sep-17
31-Jul-17
15-Jun-17
15-Jun-17
15-Jun-17
29-Jun-17
29-Jun-17
15-Mar-17
12-Dec-16
30-Mar-17
30-Jul-17
06-Oct-16
28-Sep-17
29-Jun-17
11-May-17
11-Nov-16
15-Dec-16
23-Dec-16
30-Aug-17
11-Nov-16
29-Mar-17
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
86
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
05-Jun-17
04-May-17
22-Dec-16
31-Mar-17
31-Mar-17
22-Dec-16
30-Jun-17
28-Sep-17
20-Nov-16
12-Apr-17
30-Nov-16
29-Dec-16
03-Jun-17
16-Dec-16
31-Aug-17
31-Mar-17
20-Jul-17
02-Dec-16
19-Aug-17
03-Feb-17
15-Jun-17
20-Jul-17
20-May-17
02-Dec-16
21-Sep-17
30-Dec-16
15-Jun-17
17-Jun-17
29-Jun-17
27-Jan-17
31-Aug-17
20-Jun-17
28-Sep-17
02-Dec-16
20-May-17
20-Oct-16
17-Jun-17
03-Jun-17
30-Dec-16
07-Nov-16
15-Dec-16
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
87
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
20-Jul-17
30-Sep-17
27-Oct-16
18-May-17
03-Nov-16
30-Mar-17
26-Apr-17
30-Jul-17
28-Dec-16
31-Dec-16
15-Mar-17
17-Feb-17
28-Jan-17
02-Dec-16
29-Mar-17
02-Dec-16
30-Jun-17
20-Apr-17
27-Apr-17
15-Dec-16
06-Oct-16
18-May-17
19-Dec-16
17-Aug-17
20-Dec-16
30-Jun-17
25-Jan-17
02-Mar-17
25-Nov-16
02-Mar-17
10-Jun-17
08-Jun-17
29-Jun-17
27-Jan-17
30-Oct-16
31-Dec-16
17-Feb-17
30-Jun-17
11-Mar-17
30-Jun-17
02-Sep-17
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
88
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
21-May-17
30-Jun-17
23-Mar-17
23-Mar-17
23-Mar-17
31-Mar-17
30-Jun-17
13-Nov-16
26-Jan-17
14-Dec-16
15-Dec-16
28-Sep-17
31-Aug-17
30-Jul-17
10-Aug-17
28-Mar-17
17-Jun-17
06-Sep-17
25-Nov-16
15-Jun-17
29-Jun-17
20-Apr-17
01-Jun-17
27-Jan-17
31-Aug-17
08-Jun-17
18-Nov-16
11-May-17
06-Jul-17
06-Jul-17
27-Dec-16
10-Aug-17
10-May-17
30-Jun-17
17-Nov-16
17-Feb-17
23-Mar-17
29-Dec-16
26-Aug-17
28-Sep-17
15-Jun-17
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
89
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
17-Aug-17
30-Dec-16
31-Dec-17
12-Mar-17
27-Jan-17
18-Nov-16
21-May-17
11-May-17
16-Dec-16
30-Jun-17
30-Jun-17
30-Jul-17
30-Jun-17
23-Aug-17
09-Dec-16
22-Dec-16
20-Jul-17
30-Mar-17
30-Jul-17
11-Dec-16
28-Nov-16
30-Dec-16
31-Mar-17
23-Aug-17
11-Feb-17
31-Dec-16
06-May-17
09-Sep-17
30-Dec-16
31-Mar-17
01-Apr-17
31-Mar-17
28-Dec-16
28-Dec-16
25-Jul-17
25-Feb-17
09-Dec-16
01-Jun-17
21-Sep-17
21-Sep-17
10-Jun-17
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
90
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
23-Mar-17
11-May-17
20-Oct-16
05-Mar-17
28-Sep-17
28-Sep-17
30-Jun-17
06-Oct-17
29-Jun-17
30-Mar-17
30-Mar-17
30-Mar-17
30-Jun-17
31-Jan-17
06-Oct-17
07-Dec-16
02-Sep-17
21-Sep-17
31-Mar-17
30-Sep-17
29-Jun-17
30-Dec-16
23-Mar-17
02-Dec-16
17-Nov-16
18-Feb-17
23-Mar-17
27-Feb-17
15-Sep-17
06-Jul-17
30-Dec-16
09-Dec-16
30-Dec-16
30-Jun-17
15-Mar-17
03-Feb-17
30-Jun-17
11-Sep-17
30-Dec-16
30-Dec-16
03-Feb-17
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
91
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
30-Dec-16
06-May-17
17-Aug-17
11-May-17
27-Apr-17
11-May-17
08-Dec-16
25-Nov-16
15-Sep-17
25-May-17
04-Feb-17
22-Apr-17
27-May-17
29-Oct-16
10-Jun-17
22-Jun-17
19-Feb-17
20-Jul-17
31-Dec-16
23-Dec-16
08-Jun-17
29-Jun-17
06-Nov-16
30-Jul-17
06-Oct-16
06-Oct-17
01-Jun-17
23-Aug-17
22-Apr-17
02-Sep-17
25-Nov-16
25-Nov-16
31-Aug-17
15-Dec-16
28-Sep-17
30-Sep-16
28-Sep-17
13-Nov-16
09-Mar-17
15-Dec-16
30-Sep-17
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
92
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
29-Jun-17
31-Jan-17
31-Jul-17
24-Feb-17
23-Aug-17
17-Aug-17
28-Feb-17
30-Nov-16
01-Jun-17
31-Jan-17
12-Oct-17
29-Jun-17
25-Nov-16
05-May-17
10-Feb-17
23-Aug-17
30-Jun-17
21-Sep-17
20-Mar-17
30-Dec-16
31-Oct-16
28-Dec-16
05-Aug-17
15-Dec-16
11-Nov-16
29-Jun-17
30-Sep-16
30-Sep-17
16-Dec-16
23-Mar-17
29-Jun-17
30-Dec-16
24-Sep-17
03-Aug-17
27-Apr-17
28-Sep-17
04-May-17
24-Feb-17
30-Jun-17
30-Jun-17
30-Nov-16
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
93
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
30-Dec-16
11-Nov-16
22-Apr-17
22-Apr-17
22-Apr-17
22-Apr-17
22-Apr-17
25-Nov-16
14-Dec-16
11-Jun-17
29-Jun-17
18-Feb-17
31-Jul-17
19-Dec-16
23-Aug-17
30-Jun-17
09-Mar-17
28-Sep-17
31-Dec-16
05-Nov-16
14-Jan-17
31-Dec-16
10-May-17
18-May-17
31-Mar-17
30-Jun-17
17-Nov-16
19-Aug-17
11-Nov-16
15-Jun-17
23-Dec-16
21-Jul-17
10-Aug-17
17-Aug-17
18-May-17
29-Dec-16
10-Aug-17
28-Dec-16
29-Dec-16
29-Dec-16
31-Dec-16
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
94
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
15-Sep-17
31-Mar-17
17-Jun-17
15-Dec-17
15-Sep-17
11-Nov-16
28-Sep-17
30-Apr-17
29-Jun-17
19-Mar-17
15-Dec-16
26-Mar-17
10-Jun-17
13-Mar-17
15-Dec-16
25-Feb-17
11-May-17
28-Dec-16
12-May-17
10-May-17
15-Jun-17
28-May-17
29-Sep-17
02-Dec-16
30-Dec-16
30-Jun-17
31-Dec-16
30-Jun-17
31-Dec-16
30-Jun-17
30-Jun-17
31-Dec-16
28-Sep-17
05-Nov-16
21-Sep-17
22-Jun-17
30-Jun-17
30-Jun-17
29-Dec-16
31-Mar-17
28-Oct-16
Lr-Loan rating, Pr-Project rating, SO-Structured Obligation
95
Rating Update - September 2016 (Update up to 30 September 2016)
RatingValidity**
02-Mar-17
18-Nov-16
11-Nov-16
16-Dec-16
30-Sep-16
30-Sep-17
17-Aug-17
29-Dec-16
11-Nov-16
03-Feb-17
29-Jun-17
02-Sep-17
31-Dec-16
29-Oct-16
29-Jun-17
14-Dec-16
30-Dec-16
** 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
96