2024-06-29 23:55:17
It’s revealed by figuring out the credit standing of 5 listed firms within the capital market. The businesses are – Pioneer Insurance coverage Firm Restricted, Desh Normal Insurance coverage, Eastland Insurance coverage Firm Restricted, Islami Industrial Insurance coverage and Midland Financial institution Plc.
On Thursday (28 June) Dhaka and Chittagong Inventory Change (DSE-CSE) knowledgeable this data.
Amongst these firms, Alpha Credit score Score Restricted has decided the credit standing of Pioneer Insurance coverage and Desh Normal Insurance coverage. Islami Industrial Insurance coverage and Midland Financial institution have been rated by Rising Credit score Score Restricted. Other than this, Eastland Insurance coverage’s credit standing has been decided by Credit score Score Info and Providers Restricted.
Pioneer Insurance coverage is rated ‘AAA’ for long run and ‘ST-1’ for brief time period. This credit standing has been decided on the idea of audited monetary reviews and different related quantitative and qualitative knowledge from December 31, 2023 to June 25, 2024.
Desh Normal Insurance coverage is rated ‘AA+’ for long run and ‘ST-1’ for brief time period. This credit standing has been decided on the idea of audited monetary statements and different related quantitative and qualitative knowledge as on December 31, 2023.
Eastland Insurance coverage has lengthy tenure of ‘AAA’. This credit standing has been decided on the idea of audited monetary reviews and different related quantitative and qualitative knowledge from December 31, 2023 to March 31, 2024.
Islami Industrial Insurance coverage is rated ‘AAA’ for long run and ‘ST-2’ for brief time period. This credit standing has been decided on the idea of audited monetary reviews and different related quantitative and qualitative knowledge for the interval ending 2020 to 2023.
Midland Financial institution is rated ‘A+’ for long run and ‘ST-2’ for brief time period. This credit standing has been decided on the idea of audited monetary statements and different related quantitative and qualitative knowledge as much as 31 December 2023.