Bank Alfalah rated AA2 by CRAB
FE Report | Monday, 14 July 2008
Bank Alfalah Limited, the financial arm of Dhabi Group, UAE, has been awarded AA2 (Double A Two) in the long-run by the Credit Rating Agency of Bangladesh Limited (CRAB) for the year 2007.
On a similar note, an 'ST-1 Rating' for the short-run was endowed on the bank by CRAB.
CRAB Managing Director Hamidul Haq handed over the rating award and detailed report to Bank Alfalah Ltd Country Head Majedur Rahman at the Bank's office at Gulshan in the city recently.
CRAB Vice-President HS Sohrawardhi, Senior Financial Analyst Enam Al Quddus, Bank Alfalah Head of Operations Shahab Khattak, Head of Credit Mubasher Ahmed and Asset and Liability Management Officer Wasim Alam were also present on the occasion.
On a similar note, an 'ST-1 Rating' for the short-run was endowed on the bank by CRAB.
CRAB Managing Director Hamidul Haq handed over the rating award and detailed report to Bank Alfalah Ltd Country Head Majedur Rahman at the Bank's office at Gulshan in the city recently.
CRAB Vice-President HS Sohrawardhi, Senior Financial Analyst Enam Al Quddus, Bank Alfalah Head of Operations Shahab Khattak, Head of Credit Mubasher Ahmed and Asset and Liability Management Officer Wasim Alam were also present on the occasion.