Business

People’s Insurance and IFIC Bank Credit Rating Completed

The credit rating of listed People’s Insurance Company and IFIC Bank has been completed. This information was disclosed by Dhaka Stock Exchange (DSE) sources. According to the source, Credit Rating Information and Services Limited (CRISL) has assigned the credit rating of People’s Insurance Company. The company’s long-term outlook is ‘AA A’.
The rating has been determined based on the company’s audited financial statements for the fiscal year ended December 31, 2025 and other relevant quantitative and qualitative information available up to the date of the rating. On the other hand, the credit rating of IFIC Bank has been assigned by Emerging Credit Rating Limited (ECRL). The company’s long-term outlook is ‘BBB’ and short-term outlook is ‘ST-3’.
This rating has been determined based on the company’s audited financial statements for the fiscal year ended December 31, 2025 and other relevant quantitative and qualitative information obtained up to the rating date.