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Credit Rating
We are now one notch up
Rating Long Term Short Term
Surveillance Rating 2016 AA+ ST-2
Surveillance Rating 2015 AA ST-2
Credit Rating Information and Services Limited (CRISL) upgraded Long Term rating of Eastern Bank Ltd. from "AA" to "AA+"and reaffirmed "ST-2" in the short term.

The rating has been awarded on the basis of an in-depth analysis of the operational and financial performance of the bank (based on financial statements for the year ending December 31, 2016).

CRISL views that EBL's creditworthiness is of high quality and believes that the bank will be able to maintain its fundamentals in future, therefore, awards a stable outlook to EBL.
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