Bangladesh Normal Insurance coverage Firm (BGIC) Ltd has achieved Triple-A (‘AAA’) credit standing within the long-term and ‘ST-1’ within the brief time period.
Argus Credit score Score Companies Ltd has decided the credit standing for the insurer, mentioned a press launch.
The ranking was decided in mild of the audited monetary statements for the monetary yr that ended on December 31, 2022, the unaudited monetary statements as much as June 30, 2023 and different related data.
The insurer was listed as a non-life insurance coverage firm on the inventory exchanges of Bangladesh in 1989.
