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Alfalah signs deal with CRAB for credit rating

Wednesday, 20 June 2007


FE Report
Bank Alfalah Limited recently signed an agreement with Credit Rating Agency of Bangladesh (CRAB) Limited for the credit rating of the bank's Bangladesh operations, said a press release.
Under the agreement, CRAB, the leading credit rating agency of the country, would provide rating services to Bank Alfalah for three years.
CRAB Managing Director and Economic Adviser to the board Masihur Rahman and Bank Alfalah Limited Country Head Majedur Rahman signed the agreement on behalf of their respective organisations.
Bank Alfalah Country Credit Head Khadim Hussain and CRAB Senior Financial Analyst Mohammed Tajul Islam and other senior executives of both the organisations were also present in the signing ceremony.