News Briefs-(14-6-2018)

Credit rating

GSP Finance Company (Bangladesh) Ltd.: Emerging Credit Rating Ltd. (ECRL) has assigned the surveillance rating to the company as "A+" in the long term and "ST-2" in the short term along with a stable outlook of the company based on audited financial statements up to December 31, 2017 and other relevant quantitative as well as qualitative information up to the date of rating.

The City Bank Ltd.: Credit Rating Agency of Bangladesh Limited (CRAB) has informed that the rating of the bank is "AA2" in the long term and "ST-2" in the short term along with a stable outlook based on audited financial statements of the company up to December 31, 2017 and other relevant quantitative as well as qualitative information up to the date of rating declaration.

— CSE Online