Rating Update - September 2016 (Update up to 30 September...

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.



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.


2



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


3



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) - -


4



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


5



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 - - -


6



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


7



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 - - -


8



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


9



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 -


10



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


11



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


12



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 -


13



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 -


14



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


15



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 - - -


16



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 - - -


17



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


18



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 - - -


19



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) - -


20



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 - - -


21



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 -


22



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 - - -


23



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


24



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


25



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 - - -


26



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 - - -


27



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 - - -


28



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


29



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


30



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


31



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 -


32



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 -


33



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 -


34



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 - - -


35



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


36



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 - - -


37



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


38



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) - -


39



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 - - -


40



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 -


41



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 - - -


42



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 - - -


43



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


44



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 -


45



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


46



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 - - -


47



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 -


* 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.


48

mailto:[email protected]





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


49


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


50


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


51


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


52


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


53


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


54


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


55


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


56


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


57


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


58


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


59


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


60


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


61


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


62


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


63


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


64


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


65


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


66


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


67


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


68


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


69


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


70


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


71


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


72


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


73


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


74


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


75


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


76


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


77


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


78


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


79


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


80


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


81


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


82


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


83


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


84


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


85


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


86


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


87


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


88


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


89


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


90


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


91


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


92


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


93


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


94


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


95


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


96

Rating Update - September 2016 (Update up to 30 September...

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