BAT BD rated AAA

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BSS, Dhaka :
British American Tobacco Bangladesh Limited (BATBL) has been rated the highest level credit rating ‘AAA’ in long term and ‘ST-1’ in the short term for outstanding financial commitments for shareholders.
Credit Rating Information and Services Limited (CRISL), a public limited company dedicated for credit rating and related services, has certified BATBL for the rating recently examining its audited financial statement and updated information up to December 31, 2014, said a press release Monday.
BATBL obtains the AAA for high quality of credit with highest safety, risk free and negligible risk factors and the ST-1 for highest certainty of timely and safety payment and short term liquidity for the shareholders.
Finance Director of BATBL William Pegel said, “The AAA rating is the recognition of our strong and confidential financial commitments to our shareholder, which also indicates our excellent financials, healthy and sustainable franchise, and first rated operating environment.”
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