Credit Rating

Credit Rating Agency of Bangladesh Ltd. has assigned the following ratings to TBL with the validity till 30 June 2024.

Particulars

Ratings

Previous (2022)

Current (2023)
(valid till 30 June 2024)

Long Term

AA1

AA1

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.