News Briefs-(03-10-2018)

ECRL rates Singer 'AAA'

Emerging Credit Rating Limited (ECRL) has assigned the rating of Singer Bangladesh Limited as "AAA" in the long term and "ST-1" in the short term along with a stable outlook of the company based on audited financials up to December 31, 2017, unaudited financials up to June 30, 2018 and other qualitative information.

— DSE Online

CRISL rates BSRM Steels 'AA+'

Credit Rating Information and Services Limited (CRISL) has rated BSRM Steels Limited as "AA+" in the long term and "ST-2" in the short term along with a stable outlook in consideration of its audited financials up to June 30, 2018 and other relevant quantitative as well as qualitative information up to the date of rating declaration. — CSE Online