3 Figuring out the corporate’s credit standing – 2024-06-16 17:20:24

by times news cr

2024-06-16 17:20:24

It has been revealed by figuring out the credit standing of three corporations listed within the capital market.

The three corporations are Union Financial institution Plc, Categorical Insurance coverage Restricted and Asia Insurance coverage Restricted.

On Thursday (June 13), Dhaka and Chittagong Inventory Change (DSE-CSE) knowledgeable this data.

Union Financial institution: The corporate has been rated ‘A+’ for long run as per the scores of Alpha Credit score Ranking Restricted. And quick time period score is ‘ST-2’. This credit standing has been decided on the premise of the audited monetary report for the monetary 12 months ended 31 December 2023 and different related quantitative and qualitative data.

Categorical Insurance coverage: The corporate has long run score of ‘AA+’ as per scores by Alpha Credit score Ranking Ltd. And quick time period score is ‘ST-1’. This credit standing has been decided on the premise of the audited monetary report for the monetary 12 months ended 31 December 2023 and different related data as much as 11 June 2024.

Asia Insurance coverage: The corporate has long run score of ‘AA+’ as per scores by Alpha Credit score Scores Restricted. And quick time period score is ‘ST-1’. This credit standing has been decided on the premise of the audited monetary report for the monetary 12 months ended 31 December 2023 and different related data as much as 11 June 2024.

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