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Beximco Limited Earns ‘Double B Plus’ Surveillance Rating

Industry: Healthcare & Pharma, Pharma
Company: Bangladesh Export Import Company Ltd. (BEXIMCO)
Company Intelligence Tag: Business Insights

Bangladesh Export Import Company (Beximco) Limited has achieved a ‘Double B Plus’ surveillance rating in the long term and ‘ST-Four’ in the short term, as certified by Emerging Credit Rating Limited (ECRL). This rating is based on Beximco’s audited financial report for the fiscal year 2021-22, which ended on June 30, as well as the unaudited financial report for the first three quarters of the current fiscal year 2022-23, along with other relevant qualitative information up to the date of the rating’s publication. The surveillance rating serves as an indicator of Beximco’s financial stability and creditworthiness in the capital market. The rating provided by ECRL signifies Beximco’s strong position and performance in the industry. As a leading business entity, Beximco continues to uphold its commitment to transparency and financial soundness, reinforcing investor confidence in its operations.

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