Credit Rating

Credit Rating Agency of Bangladesh Ltd. has assigned the following ratings to TBL with the validity till 30 June 2022.

Particulars Ratings
  Previous Current (valid till 30 June 2022)
Long Term AA2 AA2
Short Term ST-2 ST-1
Outlook Stable Stable

 

Commercial Banks rated ‘AA2’ is considered to have very strong capacity to meet its financial commitments. ‘AA2’ is judged to be of very high quality and is subject to very low credit risk.

Commercial Banks rated ‘ST-1’ is considered to have the highest capacity for timely repayment of obligations. Commercial Banks rated in this category are characterized with excellent position in terms of liquidity, internal fund generation and access to alternative sources of funds is outstanding.

The ratings have been arrived on the basis of strong fundamentals of the Bank in the areas of stability of fund, profitability, business growth, diversified-portfolio and loan loss coverage etc.