ECAIs Credit Rating of Scheduled Banks for 2022-23

(As of Financial Statements 2021)

Sl. Long Term Equivalent BB
No. Name Name of ECAI Rating Rating Short Term Rating Date of Rating
SCBs(04)
1 Sonali Bank PLC CRISL A+(AAA) 2 ST-2(ST-1) June 30, 2022
2 Janata Bank Limited CRISL A+(AAA) 2 ST-2(ST-1) June 29, 2022
3 Agrani Bank Limited Alpha A+(AAA) 2 ST-2(ST-1) July 26, 2022
4 Rupali Bank Limited Unrated
PCBs (23)
5 Mercantile Bank Limited CRISL AA 1 ST-2 May 19, 2022
6 AB Bank Limited Argus AA- 1 ST-2 Dec 19, 2021
7 One Bank Limited ECRL AA 1 ST-2 Mar 10, 2022
8 Eastern Bank Ltd CRISL AA+ 1 ST-1 June 28, 2022
9 Standard Bank Limited(Islamic) ARGUS AA+ 1 ST-2 June 29, 2022
10 Uttara Bank PLC ECRL AA 1 ST-2 July 01, 2022
11 Dutch-Bangla Bank Limited CRAB AAA 1 ST-1 Aug 04, 2022
12 Pubali Bank Limited CRISL AA+ 1 ST-1 July 25, 2022
13 Dhaka Bank Limited ECRL AA 1 ST-2 April 8, 2022
14 Jamuna Bank Limited CRAB AA1 1 ST-1 June 27, 2022
15 The City Bank Limited CRAB AA1 1 ST-1 June 01, 2022
16 United Commercial Bank Ltd ECRL AA 1 ST-2 May 07, 2022
17 Bank Asia Limited CRAB AA1 1 ST-1 June 15, 2022
18 IFIC Bank Limited ECRL AA 1 ST-2 July 01, 2022
19 BRAC Bank Limited CRISL AA+ 1 ST-1 July 03, 2022
20 Premier Bank Limited ARGUS AA+ 1 ST-1 June 29, 2022
21 Prime Bank Limited ECRL AA 1 ST-2 July 01, 2022
22 Mutual Trust Bank Ltd. CRISL AA 1 ST-2 May 12, 2022
23 NCC Bank Ltd CRISL AA 1 ST-1 June 23, 2022
24 National Bank Limited ECRL AA- 1 ST-2 July14, 2022
25 Southeast Bank Limited CRISL AA 1 ST-2 Aug 04, 2022
26 Bangladesh Commerce Bank Ltd. NCRL BBB- 3 ST-3 Aug 21, 2022
27 Trust Bank Limited CRAB AA1 1 ST-1 June 30, 2022
FBs (09)
28 Standard Chartered Bank CRISL AAA 1 ST-1 March 03, 2022
29 Bank Alfalah Limited Alpha AA+ 1 ST-1 April 28, 2022
30 Commercial Bank of Ceylon PLC CRISL AAA 1 ST-1 June 21, 2022
31 National Bank of Pakistan CRAB BBB1 3 ST-3 Sept 29, 2022
32 HSBC CRAB AAA 1 ST-1 Feb 03, 2022
33 Woori Bank S&P, Moody, Fitch A+, A1, A 2 A-1,P-1,F1+ July 29,2022
34 Citi Bank. N.A S&P, Moody, Fitch A+, Aa3, A+ 2 A-1,P-1,F1+ Aug 05, 2022
35 Habib Bank Limited CRISL A+ 2 ST-2 July 03, 2022
36 State Bank of India Alpha AAA 1 ST-1 July 02,2022
Islami Banks (07)
37 Social Islami Bank Limited Alpha AA+ 1 ST-2 March 08, 2022
38 Islami Bank Bangladesh Limited ECRL AAA 1 ST-1 July 06, 2022
39 AL-Arafah Islami Bank Limited CRISL AA 1 ST-2 July 18, 2022
40 ICB Islami Bank Limited Unrated
41 Shahjalal Islami Bank Limited ECRL AA 1 ST-2 March 25, 2022
42 First Security Islami Bank Ltd. ECRL A+ 2 ST-2 May 15, 2022
43 EXIM Bank of Bangladesh Ltd. CRISL AA 1 ST-2 May 31, 2022
SBs
44 BDBL ECRL A-(AAA) 2 ST-3(ST-1) July 31, 2022
45 BASIC Bank Limited NCRL B+ (AAA) 5 ST-5(ST-1) July 24, 2022
46 Bangladesh Krishi Bank Alpha BB-(AAA) 4 ST-4,ST-1 Sept 18, 2022
47 Rajshahi Krishi Unnayan Bank Unrated
48 Probashi Kollyan Bank Unrated
New Banks
49 NRB Bank CRISL A+ 2 ST-2 June 30, 2022
50 NRB Commercial Bank Limited ECRL A+ 2 ST-2 Jun 22 , 2022
51 Global Islami Bank PLC (Islamic) Alpha A+ 2 ST-2 July 12,2022
52 SBAC Bank Ltd CRISL A 2 ST-2 June 27, 2022
53 Union Bank Limited (Islamic) Alpha A+ 2 ST-2 June 16, 2022
54 Midland Bank Limited ECRL A+ 2 ST-2 July 01, 2022
55 Modhumoti Bank Limited CRAB AA3 1 ST-2 June 21, 2022
56 Meghna Bank Limited Alpha AA- 2 ST-2 June 26, 2022
57 Padma Bank Limited ECRL BBB+ 3 ST-3 Dec 30,2021
58 Shimanto Bank Ltd. CRISL A 2 ST-3 02 Dec ,2021
59 Bengal Commercial Bank CRISL BBB+ 3 ST-3 01 Sep, 2022
60 Community Bank Bangladesh Ltd. ECRL A+ 2 ST-2 18 Mar,2022
61 Citizens Bank CRISL BBB 3 ST-3 Dec 03,2021

Note: 1) Rating notation in parentheses’ shows ‘with government support’ rating for the SCBs.
2) Standalone rating (without government support) has been considered in case of SCBs
3) Validity of a Rating is one year starts from the last rating date & In case of multiple rating of a banks, worse rating has been considered