Eastern Bank retains highest AAA credit rating

Eastern Bank PLC (EBL) has been awarded the highest long-term credit rating of AAA by the Credit Rating Agency of Bangladesh Limited (CRAB).

Along with this, the bank also earned a short-term rating of ST-1 and a Stable Outlook, reaffirming its strong financial position and resilience.

This marks the fourth consecutive year that EBL has achieved this recognition, according to a press release.

The recognition reflects EBL’s sustained financial strength, prudent risk management, strong asset quality, and unwavering commitment to sustainable growth. It reinforces the bank’s position as a trusted financial institution driven by sound governance, innovation, and long-term value creation for its customers, shareholders, and stakeholders. The rating underscores EBL’s robust capital base, healthy liquidity, disciplined credit culture, and consistent operational performance.

It also highlights the bank’s ability to navigate evolving economic conditions while maintaining high standards of corporate governance and financial stability.

EBL’s continued attainment of the highest credit rating reflects its steadfast focus on financial discipline, customer-centric innovation, and excellence across all areas of operation, further strengthening confidence among investors, customers, regulators, and other stakeholders, the release added.