March 21, 2024

CRISL has assigned “A-” rating in the Long Term and “ST-3” rating in the Short Term with ‘Stable Outlook’ to Simco Spinning And Textiles Limited with rating validity up to March 20, 2025. Simco Spinning And Textiles Limited got rated on WCLL/TLO of Tk. 1433.45 million from United Commercial Bank PLC.