AGL 38.00 Increased By ▲ 0.43 (1.14%)
AIRLINK 131.05 Decreased By ▼ -1.45 (-1.09%)
BOP 5.59 Decreased By ▼ -0.05 (-0.89%)
CNERGY 3.79 Increased By ▲ 0.02 (0.53%)
DCL 8.55 Decreased By ▼ -0.32 (-3.61%)
DFML 40.80 Decreased By ▼ -0.20 (-0.49%)
DGKC 87.70 Decreased By ▼ -2.46 (-2.73%)
FCCL 34.66 Decreased By ▼ -0.42 (-1.2%)
FFBL 65.69 Decreased By ▼ -0.81 (-1.22%)
FFL 10.34 Increased By ▲ 0.19 (1.87%)
HUBC 109.02 Increased By ▲ 2.62 (2.46%)
HUMNL 14.12 Increased By ▲ 0.72 (5.37%)
KEL 4.78 Decreased By ▼ -0.08 (-1.65%)
KOSM 6.83 Decreased By ▼ -0.02 (-0.29%)
MLCF 41.35 Decreased By ▼ -0.45 (-1.08%)
NBP 59.50 Increased By ▲ 0.92 (1.57%)
OGDC 180.50 Decreased By ▼ -0.75 (-0.41%)
PAEL 25.45 Decreased By ▼ -0.25 (-0.97%)
PIBTL 5.89 Increased By ▲ 0.06 (1.03%)
PPL 145.50 Decreased By ▼ -2.90 (-1.95%)
PRL 23.16 Decreased By ▼ -0.06 (-0.26%)
PTC 15.30 Increased By ▲ 0.06 (0.39%)
SEARL 67.80 Decreased By ▼ -0.99 (-1.44%)
TELE 7.25 Increased By ▲ 0.01 (0.14%)
TOMCL 35.75 Decreased By ▼ -0.25 (-0.69%)
TPLP 7.50 Increased By ▲ 0.10 (1.35%)
TREET 14.13 Decreased By ▼ -0.11 (-0.77%)
TRG 50.49 Decreased By ▼ -0.36 (-0.71%)
UNITY 26.38 Decreased By ▼ -0.02 (-0.08%)
WTL 1.22 Increased By ▲ 0.01 (0.83%)
BR100 9,738 Decreased By -30.2 (-0.31%)
BR30 29,389 Decreased By -10.8 (-0.04%)
KSE100 91,769 Decreased By -169.3 (-0.18%)
KSE30 28,635 Decreased By -109.2 (-0.38%)

Standard & Poor's Ratings Services reaffirmed its 'BB-' long-term and 'B' short-term foreign and local currency sovereign credit ratings on Bangladesh with a stable outlook, a statement of the country's central bank said on Saturday. The country got the same rating and outlook from this US-based rating agency for the third consecutive year.
The first yearly rating was done in 2010. With the latest one, Bangladesh is rated the second highest in South Asia behind India (BBB-) and ahead of Sri Lanka (B+) and Pakistan (B-). Other countries in the BB category include Turkey, Philippines, Indonesia and Vietnam.
The stable outlook reflects strong growth prospects and ongoing donor support, which ensures low-cost and long-maturity external debt and minimises refinancing risk. "In our view, the strength of key economic segments - garment, remittances and agriculture - will sustain growth in line with recent trends, rising to about 6.7 percent by 2015, as global demand recovers," said Standard & Poor's credit analyst Agost Benard.

Copyright Reuters, 2012

Comments

Comments are closed.