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Dhaka Stock Exchange Reveals Latest Credit Ratings for Jamuna Bank, Nitol Insurance, and Golden Harvest

The latest credit ratings for Jamuna Bank, Nitol Insurance, and Golden Harvest have been published by the Dhaka Stock Exchange (DSE).

By Staff Correspondent
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যমুনা ব্যাংক, নিটল ইনস্যুরেন্স ও গোল্ডেন হারভেস্টের ঋণমান প্রকাশ, কার আর্থিক ভিত্তি কেমন

The Dhaka Stock Exchange (DSE) has announced the latest credit ratings for three listed institutions: Jamuna Bank, Nitol Insurance Company, and Golden Harvest Agro Industries. The ratings were determined by evaluating the audited and unaudited financial reports and qualitative assessments of these institutions.

Jamuna Bank has maintained a strong position, receiving long-term 'AA1' and short-term 'ST-1' ratings from Credit Rating Agency of Bangladesh (CRAB). The outlook for the bank is'stable' due to satisfactory financial indicators. The rating is based on the audited financial statements for the year ending December 31, 2025.

Nitol Insurance Company received the highest long-term rating of 'AAA' and short-term 'ST-1' from Argus Credit Rating Services, indicating a very strong financial foundation. The future position of the company is described as'stable', based on the audited financial report for the year ending December 31, 2025.

Golden Harvest Agro Industries has slightly weaker financial indicators compared to the other two institutions. Credit Rating Information and Services assigned it long-term 'BB' and short-term 'ST-5' ratings. The company's outlook is 'developing'. The rating is based on the audited financial report for the year ending June 30, 2025, and the unaudited financial statements for the six months ending December 31, 2025.

FAQ

What is the credit rating of Jamuna Bank?
Jamuna Bank received long-term 'AA1' and short-term 'ST-1' ratings.
What is the credit rating of Nitol Insurance Company?
Nitol Insurance Company received long-term 'AAA' and short-term 'ST-1' ratings.
What is the credit rating of Golden Harvest Agro Industries?
Golden Harvest Agro Industries received long-term 'BB' and short-term 'ST-5' ratings.

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