Credit Rating Agency of Bangladesh Ltd. has assigned the following ratings to TBL with the validity till 30 June 2023.
| Particulars | Ratings | |
|---|---|---|
| Previous(2021) |
Current(2022) (valid till 30 June 2023) |
|
| Long Term | AA2 | AA1(Upgraded) |
| Short Term | ST-1 | ST-1 |
| Outlook | Stable | Stable |
Commercial Banks rated ‘AA1’ is considered to have very strong capacity to meet its financial commitments. ‘AA1’ 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.
