CRISL has assigned “AA+” rating in the Long Term and “ST-1” rating in the Short Term with ‘Stable Outlook’ to Square Fashions Limited with rating validity up to March 24, 2027. Square Fashions Limited got rated on WCLL/WCLO of Tk. 18984.67 million from Standard Chartered Bank, HSBC Bank, Mercantile Bank PLC, BRAC Bank PLC and Eastern Bank PLC.