MIRA INFORM REPORT

 

 

Report Date :

03.05.2013

 

 

 

Tel. No.:

880 2 9840523 32

 

IDENTIFICATION DETAILS

 

Name :

INTERNATIONAL CENTRE FOR DIARRHOEAL DISEASE RESEARCH, BANGLADESH

 

 

Registered Office :

68 Shaheed Tajuddin Ahmed Sarani, Mohakhali, Dhaka-1212

 

 

Country :

Bangladesh

 

 

Date of Incorporation :

1978

 

 

Legal Form :

Organization

 

 

Line of Business :

Research Centre Oral Rehydration Solution

 

 

No. of Employees :

500

 

 

RATING & COMMENTS

 

MIRA’s Rating :

A

 

RATING

STATUS

PROPOSED CREDIT LINE

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

Fairly Large

 

Status :

Good

Payment Behaviour :

Regular

Litigation :

Clear

 

NOTES :

Any query related to this report can be made on e-mail: infodept@mirainform.com while quoting report number, name and date.

 

ECGC Country Risk Classification List – March 31st, 2013

 

Country Name

Previous Rating

(31.12.2012)

Current Rating

(31.03.2013)

Bangladesh

B1

B1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

Bangladesh - ECONOMIC OVERVIEW

 

In real terms Bangladesh's economy has grown 5.8% per year since 1996 despite political instability, poor infrastructure, corruption, insufficient power supplies, and slow implementation of economic reforms. Bangladesh remains a poor, overpopulated, and inefficiently-governed nation. Although more than half of GDP is generated through the service sector, 45% of Bangladeshis are employed in the agriculture sector with rice as the single-most-important product. Bangladesh's growth was resilient during the 2008-09 global financial crisis and recession. Garment exports, totaling $12.3 billion in FY09 and remittances from overseas Bangladeshis, totaling $11 billion in FY10, accounted for almost 12% of GDP

 

Source : CIA

 

 


COMPANY DETAILS

 

Name

International Centre for Diarrhoeal Disease Research, Bangladesh

Address

68 Shaheed Tajuddin Ahmed Sarani, Mohakhali, Dhaka-1212

Country

Bangladesh

Telephone No

880-2-8823031

Fax No

880-2-8823116

E-Mail

info@icddrb.org

Website

www.icddrb.org

Established

1978

Legal Status

Organization

Business Type

Research Centre

Status

Satisfactory

Payment Behavior

No complaints have been heard regarding payments 

from local suppliers or banks.

 

 

LOCATIONS

 

Head Office

68 Shaheed Tajuddin Ahmed Sarani, Mohakhali, Dhaka-1212

Telephone No

880-2-8823031

Fax No

880-2-8823116

E-Mail

info@icddrb.org

Website

www.icddrb.org

Branch

NIL

Hospitals

4 Dhaka

4 Matlab

Factory Telephone No

N/A

Factory Fax No

N/A

Warehouse

128 Mohakhali, Dhaka-1000

 

 


DIRECTORS

 

Name

Dr. Abbas Bhuiya

Designation

Deputy Executive Director

Nationality

Bangladeshi

 

 

BUSINESS DETAILS

 

Line of Business

Research Centre

Items Dealing In

Oral Rehydration Solution

Terms of Purchase

Local: Cash or Credit

Import: Against L/C

Terms of Sale

Local: Cash or Credit

 

 

BANKERS

 

Name

Sonali Bank Limited

Branch

Mohakhali Branch

Address

Mohakhali C/A, Dhaka

SWIFT

N/A

 

 

FINANCIAL INFORMATION

 

Note: The financial information of the subject could not be obtained.

 

 

CAPITAL STRUCTURE

 

Authorized Capital

N/A

Paid Up Capital

N/A

Each Share Value

N/A

 

 

CURRENCY EXCHANGE RATE

 

Currency

Unit

Bangladeshi Taka (BDT)

 

Great Britain Pound

1

120.8148

U.S Dollar

1

77.9400

European Euro

1

102.1014

 

 

ADVERSE DATA MONITORING

 

Dishonored Checks

No Found

Debt

No Records Found

Litigation

No Records Found

Performance Defaults

No Records Found

Adverse Press Coverage

No Records Found

Money Laundering

No Records Found

 

 

GENERAL INFORMATION

 

Employees

500

Office Area (Sq. Ft)

UNKNOWN

Hospital Area (Sq. Ft)

UNKNOWN

Warehouse Area (Sq. Ft)

UNKNOWN

Range of Services

4 Translating our research expertise

4 Clinical and diagnostic services

4 Humanitarian services in response to emergencies, both

    within and outside Bangladesh

4 Family Planning

Donors 

4 Australian International Development Agency (AusAID)

4 Government of Bangladesh (GoB)

4 Canadian International Development Agency (CIDA)

4 Embassy of the Kingdom of the Netherlands (EKN)

4 Swedish International Development Cooperative Agency 

    (SIDA)

4 Department for International Development, UK (DFID).

4 ACME laboratories Ltd.

4 ActionAid International

4 Akthelia Pharmaceuticals, Iceland

4 Alliance for Health Policy and Systems Research, WHO

4 AusAID, Australia

4 AusAID, Bangladesh

4 Bill & Melinda Gates Foundation, USA

4 BRAC, Bangladesh

4 BRAC Bank Limited, Bangladesh

4 Canadian International Development Agency (CIDA), Canada

4 CARE Bangladesh

4 Centers for Disease Control and Prevention, USA

4 Cincinnati Children's Hospital Medical Center, USA

4 The City University of New York, USA

4 Columbia University, USA

4 CTK Biotech, Inc. USA

4 Department for International Development (DFID), UK

4 Professor Gudmundur Hrafn Gudmundsson, University of

    Iceland

4 Dutch Bangla Bank Foundation, Bangladesh

4 Embassy of the Kingdom of the Netherlands (EKN),

    Bangladesh

4 Emory University, USA

4 Food and Agriculture Organization of the United Nations

    (FAO)

4 Global Fund for AIDS, TB and Malaria (GFATM)

4 Government of the People's Republic of Bangladesh (GoB)

4 GTZ, Germany

4 Gynuity Health Projects

4 Harvard Medical School, USA

4 HarvestPlus, USA

4 InBios International, Inc., USA

4 IHSD - Institute for Health Sector Development Limited, UK

4 International Atomic Energy Agency (IAEA), Austria

4 International Vaccine Institute (IVI), South Korea

4 Ipas, USA

4 IZUMI Supporting Community (ISC), Japan

4 Japan Food Hygiene Association (JFHA)

4 Johns Hopkins Bloomberg School of Public Health, USA

4 Johns Hopkins University (JHU), USA

4 KNCV Tuberculosis Foundation, Netherlands

4 London School of Hygiene &Tropical Medicine

4 Lund University , Sweden

4 Malaria Research Initiative Bandarban (MARIB)

4 Malta Grants for Leprosy Research, France

4 Massachusetts General Hospital (MGH), USA

4 MP Biomedicals Asia Pacific Pte. Ltd.

4 Napo India Private Limited, India

4 National Heart Lung and Blood Institute (NHLBI), NIH

4 National Institute of Infectious Diseases (NIID), Japan

4 Nestec Ltd., Switzerland

4 Novartis Consumer Health S.A., Switzerland

4 PATH, USA

4 Pathfinder International, USA

4 Professor Ronald G. Barr, UBC, Canada

4 Research Institute for Humanity and Nature (RIHN)

4 Save the Children, USA

4 Seattle Biomedical Research Institute, USA

4 SmithBucklin Corporation

4 Swedish International Development Cooperation Agency

    (Sida), Sweden

4 TechLab, Inc., Virginia, USA

4 INDEPTH Network

4 The Oxford Health Alliance Vision 2020 (OxHA)

4 The Rockefeller Foundation

4 World Food Programmed (WFP)

4 Wildlife Trust, USA

4 Thrasher Research Fund, USA

4 UNICEF, Bangladesh

4 United Nations Development Programme (UNDP), Bangladesh

4 United States Department of Agriculture (USDA)

4 University of California, Berkeley, USA

4 University of California, Davis, USA

4 University of Chicago, USA

4 University of Maryland, USA

4 University of North Carolina at Chapel Hill, USA

4 Utrecht University, Netherlands

4 University of Virginia, USA

4 UBS Optimus Foundation, Switzerland

4 Vanderbilt University, USA

4 Venture Strategies Innovations, USA

4 Veolia EAU-Compagnie Generale des Eaux S.C.A., France

4 World Health Organization (WHO), Geneva

4 World Health Organization (WHO), Malaysia

4 Zephyr Biomedicals, India

Certifications

NIL

Group Name

NIL

Subsidiaries / Affiliates

NIL

Member

4 World Health Organization (WHO)

 

 


BUSINESS TREND & PROSPECT

 

Business Scale           

Fairly Large

Business Trend

Growing

Management Capability

Good

Reputation

Good

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.53.73

UK Pound

1

Rs.83.54

Euro

1

Rs.70.71

 

 

INFORMATION DETAILS

 

Report Prepared by :

PDT

 

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

 

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

 

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

--

NB

                                       New Business

 

--

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                 Payment record (10%)

Credit history (10%)                    Market trend (10%)                                Operational size (10%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.