»Md. Asaduzzaman Khan, former Managing Director, Industrial and Infrastructure Development Finance Company Limited (IIDFC) and former Executive Director of Bangladesh Bank has joined National Credit Ratings Limited on February 20, 2018 as Managing Director & CEO. Mr. Md. Momin Ullah Patwary, BP, former Managing Director and CEO will now act as Advisor to the Company.   
National Credit Ratings Ltd

Rating Scale and Definition

Rating Scales and Definition
Long Term Credit Ratings
(Bank/Financial Institutions/NBFIs/Corporate/Debt Instruments)

 

Rating Scale Definition
AAA Excellent quality, offering highest safety for timely servicing of financial obligations. Such institutions carry minimum risk
AA+,AA,AA- Very strong capacity for timely servicing of financial obligations offering high safety. Such institutions carry very low risk.
A+,A,A- Strong capacity for timely servicing of financial obligations offering adequate safety. Such institutions carry low credit risk.
BBB+,BBB,BBB- Adequate capacity for timely servicing of financial obligations offering moderate safety. The rating category denotes a moderate credit risk. However changes in circumstances or economic conditions are more likely to affect the capacity for timely servicing of financial obligations.
BB+,BB,BB- Inadequate safety for timely servicing of financial obligations. Such institutions carry high credit risk. The entity remains more vulnerable to adverse economic changes over time.
B+,B,B- Low safety for timely servicing of financial obligations.
CCC, CC, C Very high risk for timely servicing of financial obligations.
D Entities with this rating are of the lowest category. They are either in default or likely to be in default soon.


Short Term Credit Ratings 
( Bank/Financial Institutions/ NBFIs/Corporate/Debt Instruments)

 

Rating Scale Definition
ST-1 Strongest capacity for timely payment of financial commitments and carry lowest credit risk.
ST-2 Strong capacity for timely payment of financial commitments and carry lowest credit risk
ST-3 Satisfactory capacity for timely payment of financial commitments and carry very low credit risk.
ST-4 Moderate capacity for timely payment of financial commitments and carry Moderate credit risk
ST-5 Uncertain capacity for timely payment of financial commitments and carry high credit risk.
ST-6 Indicates actual or inherent payment default.



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