BRAC Bank has again got the highest Credit Rating ‘Ba3’ with a ‘Stable’ Outlook affirmed by the internationally renowned agency Moody’s Investor Service, a press release said Saturday. BRAC Bank is now the only Bangladeshi Bank with ‘Ba3’ rating, which is equivalent to the Sovereign Rating of Bangladesh, an extraordinary accomplishment the bank has maintained since 2019. According to Moody’s latest affirmation on September 22, 2022, BRAC Bank’s Ba3 long-term deposit and issuer ratings reflect its better-than-peer average asset quality and capitalization. The ratings also reflect the bank’s strong funding structure and good liquidity.
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