The New Nation - Internet Edition

BUSINESS REPORT

Credit Rating Agency of Bangladesh Limited (CRAB) recently signed an agreement with Prime Finance and Investment Limited (PFIL).

CRAB Managing Director Mashiur Rahman and PFIL Managing Director Akter Hossain Sannamat signed the agreement on behalf of their respective organisations.

Also present at the signing ceremony were PFIL Consultant Nozmul Haque, CRAB Vice-president HS Sohrawardi and PFIL Vice-president Mizanur Rahman.

Under the agreement, CRAB, the leading credit rating agency of the country, would provide its professional service to the PFIL.

Besides conducting rating of the entity, CRAB would also be involved in the rating of any future debt instrument offered by the PFIL.