Prime Bank鈥檚 gets AAA credit rating
Credit Rating Agency of Bangladesh Limited has upgraded Prime Bank鈥檚 long-term credit rating to AAA and reaffirms short-term rating to ST-1, said a press release...
Tags : credit rating agency
Issues govt needs to address for better credit rating
WHEN a renowned international credit rating agency such as Moody鈥檚 downgrades a country鈥檚 credit ranking or its outlook on the banking sector, it entails some consequences for the country. The agency on November 18 downgraded Bangladesh鈥檚 credit rating to B2 from B1, citing heightened political risks and lower growth. It also downgraded its outlook...
Fitch Ratings downgrades Bangladesh
United States-based credit rating agency Fitch Ratings has downgraded Bangladesh's Long-Term Foreign-Currency Issuer Default Rating to 'B+' from 鈥笲B-鈥�, due to the lingering weakening of the country's external buffers...
BRAC Bank again rated AAA by CRAB
BRAC Bank has again been rated AAA by Credit Rating Agency of Bangladesh, said a press release...