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The Credit Rating Agency of Bangladesh Ltd. (CRAB) held its 105th board meeting on October 27, 2025, at Square Center in Mohakhali, with Chairman Noor A. Alam Chowdhury presiding.

Board directors present included Tapan Chowdhury, Asif Saad Bin Shams representing IDLC Finance PLC, Tania Nusrat Zaman, Md. Nurul Huda representing the Investment Corporation of Bangladesh (ICB), and CRAB Managing Director and CEO Shahed Shams Azad.

During the meeting, the board reviewed the agency’s recent performance and discussed strategies to strengthen its role in the financial sector. Key topics included tackling market challenges, expanding CRAB’s SME rating initiatives, and enhancing its contribution to overall market development.

The board also underscored the need for strict compliance with regulatory frameworks to uphold transparency, credibility, and the quality of credit rating services in Bangladesh.