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    CRAB - Rating Update June 2020 Bank FI

    Uploaded by

    Rashaad Nabil
    The document provides a rating update from December 2019 for various banks, financial institutions, merchant banks, and securities firms in Bangladesh. 31 financial institutions and 4 non-bank financial institutions received long term and short term ratings ranging from AAA to BB1. The outlook for most institutions was reported as stable. The ratings are valid through periods ranging from June 2020 to December 2021.

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    Download as PDF, TXT or read online from Scribd

    CRAB - Rating Update June 2020 Bank FI

    Uploaded by

    Rashaad Nabil
    23 views1 page
    The document provides a rating update from December 2019 for various banks, financial institutions, merchant banks, and securities firms in Bangladesh. 31 financial institutions and 4 non-bank financial institutions received long term and short term ratings ranging from AAA to BB1. The outlook for most institutions was reported as stable. The ratings are valid through periods ranging from June 2020 to December 2021.

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    CRAB_Rating-Update-June-2020-Bank-FI

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    The document provides a rating update from December 2019 for various banks, financial institutions, merchant banks, and securities firms in Bangladesh. 31 financial institutions and 4 non-bank financial institutions received long term and short term ratings ranging from AAA to BB1. The outlook for most institutions was reported as stable. The ratings are valid through periods ranging from June 2020 to December 2021.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    23 views1 page

    CRAB - Rating Update June 2020 Bank FI

    Uploaded by

    Rashaad Nabil
    The document provides a rating update from December 2019 for various banks, financial institutions, merchant banks, and securities firms in Bangladesh. 31 financial institutions and 4 non-bank financial institutions received long term and short term ratings ranging from AAA to BB1. The outlook for most institutions was reported as stable. The ratings are valid through periods ranging from June 2020 to December 2021.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    Rating Update - December 2019

    (Update up to 31 December 2019)

    Sl No. Name of Bank/ Financial Institution Industry Rating Type Entity Ratings Validity
    (Alphabetical order) Long Term Short Term Outlook
    1 Bank Asia Ltd. Bank Surveillance AA2 ST-2 Stable 30-Jun-21

    2 BRAC Bank Ltd. Bank Surveillance AA1 ST-1 Stable 30-Jun-21

    3 City Bank Capital Resources Ltd. Bank Surveillance A2 - Stable 30-Jun-20

    4 Dhaka Bank Ltd. -Bond II Bank Surveillance A1(Hyb) - Stable 30-Jun-20

    5 HSBC Bangladesh Bank Surveillance AAA ST-1 Stable 30-Jun-21

    6 Dutch Bangla Bank Limited - Subordinated Bond 2 Bond Surveillance AA2(Hyb) - Stable 30-Jun-20

    7 IFIC Bank Ltd. Bank Surveillance AA2 ST-2 Stable 30-Jun-20

    8 Jamuna Bank Limited (Perpetual Bond) Bank Initial Rating A1(Hyb) - - 30-Aug-20

    9 Jamuna Bank Ltd. Bank Surveillance AA2 ST-2 Stable 30-Sep-20

    10 Jamuna Bank Ltd. Bond-I Bank Surveillance AA3(Hyb) - - 30-Jun-20

    11 Jamuna Bank Ltd. Bond-II Bank Surveillance AA3(Hyb) - - 30-Jun-20

    12 Jamuna Bank Ltd. Bond-III Bank Surveillance AA3(Hyb) - - 30-Jun-20

    13 Midland Bank Ltd. Bank Surveillance A2 ST-2 Stable 30-Jun-21

    14 Modhumoti Bank Ltd. Bank Surveillance A2 ST-2 Stable 30-Jun-20

    15 National Bank of Pakistan Ltd.-Bangladesh Bank Surveillance BBB3 ST-3 Stable 30-Jun-20

    16 Prime Bank Ltd. Bank Surveillance AA2 ST-2 Stable 30-Jun-20

    17 Shahjalal Islami Bank Ltd. Bank Surveillance AA2 ST-2 Stable 30-Jun-21

    18 Shimanto Bank Ltd. Bank Surveillance BBB1 ST-2 Stable 30-Jun-20

    19 South Bangla Agriculture and Commerce Bank Ltd. Bank Surveillance A3 ST-2 Stable 30-Sep-20

    20 The City Bank Ltd. Bank Surveillance AA2 ST-2 Stable 30-Jun-21

    21 Trust Bank Ltd. Bank Surveillance AA2 ST-2 Stable 30-Sep-20

    22 Eastern Bank Ltd. (Subordinated Bond) Bond Surveillance AA2(Hyb) - Stable 30-Nov-20

    23 IFIC Bank Ltd.-Bond Bond Surveillance AA3(Hyb) - Stable 28-Dec-20

    24 Shahjalal Islami Bank Ltd. Subordinated Bond I Bond Surveillance AA3(Hyb) - Stable 31-Oct-20

    25 Shahjalal Islami Bank Ltd. Subordinated Bond II Bond Surveillance AA3(Hyb) - Stable 31-Oct-20

    26 The City Bank Ltd. (Tier-II Subordinated Bond) Bond Surveillance AA3(Hyb) - Stable 30-Dec-20

    27 Bangladesh Infrastructure Finance Fund Ltd. (BIFFL) Financial Institution Surveillance AAA(Govt.), A1 ST-2 Stable 30-Jun-20

    28 Infrastructure Development Company Ltd. (IDCOL) Financial Institution Surveillance AA1 ST-3 Stable 30-Sep-20

    29 IPDC Finance Ltd. Financial Institution Surveillance AA1 ST-2 Stable 30-Jun-20

    30 LankaBangla Finance Ltd. Financial Institution Surveillance AA3 ST-2 Stable 31-Jul-20

    31 Meridian Finance & Investment Ltd. Financial Institution Surveillance BBB1 ST-3 Stable 30-Jun-20

    32 National Housing Finance & Investments Ltd. Financial Institution Surveillance A1 ST-3 Stable 30-Jun-20

    Sl No. Name of Merchant Bank/ Securities Firm Industry Rating Type Entity Ratings Validity
    (Alphabetical order) Long Term Short Term Outlook

    1 Azim Securities Ltd. Securities Firm Surveillance BB1 - Stable 31-Dec-20

    2 BRAC EPL Investment Ltd. Merchan Bank Surveillance BBB1 - Stable 31-Jul-20

    3 LankaBangla Securities Ltd. Securities Firm Surveillance AA2 - Stable 30-Jun-20

    4 Trust Bank Investment Ltd. Merchan Bank Surveillance A3 - Negative 30-Jun-20

    58

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