2 companies credit ratings completed

Credit rating of listed BD Services and Pragati Insurance Limited has been completed. This information is known from DSE sources.

It is learned that the company has rated BD Services’ Credit Rating Information and Services Limited and Pragati Insurance’s National Credit Ratings Limited among the two.

BD Services has long-term rating of ‘A’ and short-term rating of ST-4. The rating is based on the audited financial report for the financial year ended 3 June 2022 and the unaudited financial report for the period ended 31 March 2023.

Pragati Insurance has long term rating of ‘AAA’ and short term rating of ST-1. The rating has been determined based on the audited financial statements for the financial year up to 31 December 2022.

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