November 21, 2021

CRISL has assigned “AA” rating in the Long Term and “ST-3” rating in the Short Term with ‘Stable Outlook’ to Knit Asia Limited with rating validity up to November 20, 2022. Knit Asia Limited got rated on WCLL/TLO/WCLO of Tk. 6883.66 million from AB Bank Limited, United Commercial Bank Ltd, Standard Chartered Bank Ltd and Prime Bank Ltd.