Eastern Bank PLC (EBL) has once again secured the highest long-term credit rating of AAA from the Credit Rating Agency of Bangladesh Limited (CRAB), marking the third consecutive year the bank has earned this top-tier distinction. In addition to the AAA rating, EBL has also received a short-term rating of ST-1 with a stable outlook, reflecting its continued financial strength and operational soundness.
In a press release, the bank stated that this recognition reaffirms its strong financial position, supported by prudent risk management and a well-diversified asset portfolio. The consistent achievement of these top ratings signals EBL’s resilience and disciplined approach to credit governance, reinforcing investor and stakeholder confidence in its long-term strategy.
The bank emphasized that maintaining rigorous credit standards remains a cornerstone of its mission to deliver sustainable value to shareholders while preserving financial integrity.
Ali Reza Iftekhar, Managing Director and CEO of Eastern Bank PLC, highlighted that the bank’s commitment to trust, resilience, and financial excellence continues to guide its strategic direction. He noted that EBL’s strong governance framework and consistent performance are instrumental in maintaining its reputation as a leading financial institution in Bangladesh.
The triple-A rating places EBL among the most stable and trustworthy institutions in the country’s banking sector, further strengthening its position as a benchmark for financial reliability and operational efficiency.
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