Hasan Imam announces CRA team following ACRSL’s credit rating assignment to Trust Family Needs Shop (RACE Group).

ACRSL assigns a AQME-4, (ARGUS Quantitative Medium Enterprise-4) credit rating to Trust Family Needs Shop on 12/12/2024. The rating indicates Satisfactory Grade in terms of the creditworthiness of the SME entity rated. ARGUS Quantitative Medium Enterprise-4 category for a firm is considered to offer satisfactory degree of safety for timely repayment of financial obligations. This level of rating indicates the entity has satisfactory capacity to meet its financial commitments with the moderate safety to the adverse effects of changes in circumstances and economic conditions compared to the high-rated categories in comparison to its peers.

A leading credit rating provider in Bangladesh, ACRSL is approved by both the Bangladesh Securities Exchange Commission and Bangladesh Bank. It evaluates companies across different sectors, with a strong footprint in the MSME space. ACRSL holds the highest count of MSME credit ratings in the market and contributes significantly to financial transparency. It operates under the RACE financial group, founded by Dr. Hasan Imam, also behind RACE Asset Management.

ACRSL delivers credit ratings that express an informed opinion on the risk level of organizations or securities. These are based on detailed analysis of financial health, qualitative factors, and market conditions. Its scope includes corporate bonds, municipal debt, and mutual funds, offering insights that guide investor decisions.