Eastern Bank PLC (EBL) has retained the highest long-term credit rating of AAA from Credit Rating Agency of Bangladesh Limited (CRAB) for the fourth consecutive year, reaffirming the bank’s financial strength and stability.
The bank also received a short-term rating of ST-1 with a Stable Outlook, reflecting its strong financial position, resilient operating performance and ability to navigate evolving economic conditions, said in a press release.
According to the rating assessment, EBL’s continued recognition is supported by its sustained financial strength, prudent risk management practices, strong asset quality and commitment to sustainable growth.
The rating agency also highlighted the bank’s robust capital base, healthy liquidity position, disciplined credit culture and consistent operational performance.
The AAA rating further reflects EBL’s focus on maintaining high standards of corporate governance and financial stability while pursuing long-term value creation for customers, shareholders and other stakeholders.
The bank said the recognition reinforces its position as a trusted financial institution driven by sound governance, innovation and sustainable business practices.
EBL’s continued attainment of the highest credit rating underscores its emphasis on financial discipline, customer-focused innovation and operational excellence across its business activities.
The rating is also expected to strengthen confidence among investors, customers, regulators and other stakeholders, according to the statement.
