MIRA INFORM REPORT

Report No. :	501873
Report Date :	09.04.2018

IDENTIFICATION DETAILS

Name :	INTERNATIONAL COMMITTEE OF THE RED CROSS (ICRC)
Registered Office :	684-686, Bara Maghbazar, P.O. Box-579, Dhaka-1217
Country :	Bangladesh
Date of Incorporation :	31.03.1973
Legal Form :	Non-profit / Humanitarian Organization
Line of Business :	To Ensure Protection and Assistance for Victims of Armed Conflict & Strife of Disaster Management, Health Services, Planning & Development, Central Support Services, Economic Security
No. of Employees :	473513

RATING & COMMENTS

(Mira Inform has adopted New Rating mechanism w.e.f. 23^rd January 2017)

MIRA’s Rating :

A

Credit Rating	Explanation	Rating Comments
A	Acceptable Risk	Business dealings permissible with moderate risk of default

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

Country Name	Previous Rating (30.09.2017)	Current Rating (31.12.2017)
Bangladesh	A2	A2

Risk Category	ECGC Classification
Insignificant	A1
Low Risk	A2
Moderately Low Risk	B1
Moderate Risk	B2
Moderately High Risk	C1
High Risk	C2
Very High Risk	D

BANGLADESH - ECONOMIC OVERVIEW

Bangladesh's economy has grown roughly 6% per year since 1996 despite prolonged periods of political instability, poor infrastructure, endemic corruption, insufficient power supplies, and slow implementation of economic reforms. Although more than half of GDP is generated through the services sector, almost half of Bangladeshis are employed in the agriculture sector, with rice as the single-most-important product.

Garment exports, the backbone of Bangladesh's industrial sector, accounted for more than 80% of total exports and were on track to again surpass $25 billion in 2017. The sector continues to grow, despite the need for improvements in factory working conditions to avert further high-profile accidents that have killed more than 1,000 workers in recent years. Steady export growth in the garment sector combined with remittances from overseas Bangladeshis - which totaled about $13 billion and 6% of GDP in 2016 - are key contributors to Bangladesh's sustained economic growth and rising foreign exchange reserves.

The recent influx of hundreds of millions of additional refugees from Burma will place pressure on the Bangladeshi government’s budget and the country’s rice supplies, which declined in 2017 in part because of adverse weather.

Source : CIA

IDENTIFICATION DETAILS
Correct company Name	:	INTERNATIONAL COMMITTEE OF THE RED CROSS (ICRC)
Head Office	:	684-686, Bara Maghbazar, P.O. Box-579, Dhaka-1217, Bangladesh
Tel No	:	88-02-8319366, 9330188, 9330189, 9350399, 8314701, 9352226
Fax No	:	88-02-8311908,9352303
Telex	:	632232 BDRC BJ
E-mail	:	dha_hr_services@icrc.org
Website	:	www.bdrcs.org, www.icrc.org
Establishment in Bangladesh	:	31.03.1973
Trade License No	:	Nil
Legal Form (General)	:	Public Listed Co Public (but not listed) Private Co State-owned Co Sole Proprietorship Partnership Not Registered Non-profit / Humanitarian Organization others (please specify) ________________
Legal form (Specific)	:	LTD CORP INC CO others (please specify) ________________
Issuing Authority	:	Registrar of Joint Stock Companies & Firms City Corporation Municipal Administration Union Council N/A Chief Controller of Import & Export

FINANCIALS- SUMMARY
Year	Turnover/ Sales	Assets	Income
30^th June, 2017	N/A	N/A	N/A

FULLCHECK REPORT DETAILS
Information Parted By
Name	:	Ms. Saif Misada
Designation	:	Media Contact Person
Contract No	:	88-01730329307

Locations Details
Business Address	:	684-686, Bara Maghbazar, P.O. Box-579, Dhaka-1217, Bangladesh
Tel No	:	88-02-8319366, 9330188, 9330189, 9350399, 8314701, 9352226
Fax No	:	88-02-8311908, 9352303
E-mail	:	632232 BDRC BJ
Website	:	dha_hr_services@icrc.org

Location :

: Owned

Rented

Ö

Leased

Area

10,000

Sq. ft.

Type of Office :	: Red Cross Building.	Ö		Semi-commercial office Bldg.
Retail shop			Industrial Park
Business Center			Home Office
Residential Bldg.

Corporate Head Office:
Address	:	19, Peace Avenue, Geneva-1202, Switzerland
Tel No	:	41 22 734 60 01
Fax No	:	41 22 733 20 57

Liaison Office:
Address	:	House-72, Road-18, Block –J, Banani, Dhaka-1213, Bangladesh
Tel No	:	88-02-8837461
Fax No	:	Nil

Chittagong District Red Crescent Unit :
Address	:	: Red Crescent Bhobon, 395, Andhorkilla, Chittagong, Bangladesh
Tel No	:	88-031-620685, 612395
E-mail	:	chittagongdist@bdrcs.org

ICRC Office in Cox's Bazar:
Address	:	Moyuri, 52/53 Kolatoli Road, Lite House, Cox's Bazar, Chitagong, Bangladesh
Tel No	:	Nil
Fax No	:	Nil

Employee:
No. of Employees	Globally	:	473513	Warehouse	:	N/A
	In Branch	:	N/A	Total	:	473513
Details:

MAIN DONORS
Names of DONOR		:		USAID Rode Kors Ville de geneve Australian Government Swiss_sdc_rgb_hoch_pos Croix-Rouge Monegasque The European Commission Liechtensteinisches rotes kreuz Fondation Pro Victimis Geneve Republique et canton de geneve Medicor foundation Liechtenstein Geneva Conventions (governments) Government principality of Liechtenstein Royal Norwegian Ministry of Foreign Affairs National Red Cross and Red Crescent Societies Gouvernement Princier (Principaute de monaco)
DIRECTORS
Name	:		Mr. Hafiz Ahmed Mazumdar
Designation	:		Chairman
Nationality	:		Bangladeshi.
Email address	:		N/A
Other details	:		N/A
Name	:		Prof. Dr. Md. Habibe Millat
Designation	:		MP Vice-Chairman
Nationality	:		Bangladeshi.
Email address	:		N/A
Other details	:		N/A
Name	:		Mr. Talukdar Abdul Khalek
Designation	:		MP-Member
Nationality	:		Bangladeshi.
Email address	:		N/A
Other details	:		N/A
Name	:		Mr. A K M A Awal (Saydur)
Designation	:		MP-Member
Nationality	:		Bangladeshi.
Email address	:		N/A
Other details	:		N/A
Name	:		Mr. Lutfur Rahman Chowdhury Helal
Designation	:		Member
Nationality	:		Bangladeshi.
Email address	:		N/A
Other details	:		N/A

Name	:	Dr. Sheikh Md. Shafiul Azam
Designation	:	Member
Nationality	:	Bangladeshi.
Email address	:	N/A
Other details	:	N/A

Name	:	Advocate Shihab Uddin Shahin
Designation	:	Member
Nationality	:	Bangladeshi.
Email address	:	N/A
Other details	:	N/A

Name	:	Mr. Alhaj Principal Afzal Khan Adv
Designation	:	Member
Nationality	:	Bangladeshi.
Email address	:	N/A
Other details	:	N/A

Name	:	Rehana Ashequr Rahman
Designation	:	Member
Nationality	:	Bangladeshi.
Email address	:	N/A
Other details	:	N/A

Name	:	Razia Sultana Luna
Designation	:	Member
Nationality	:	Bangladeshi.
Email address	:	N/A
Other details	:	N/A

Name	:	Sheikh Roisul Alam Moina
Designation	:	Member
Nationality	:	Bangladeshi.
Email address	:	N/A
Other details	:	N/A

Name	:	Mr. Mahbub Zaman Bhulu
Designation	:	Member
Nationality	:	Bangladeshi.
Email address	:	N/A
Other details	:	N/A

Name	:	Mr. Rabindra Mohan Saha (Rabi)
Designation	:	Member
Nationality	:	Bangladeshi.
Email address	:	N/A
Other details	:	N/A

Name	:	Mr. Alhadz Gazi Mozammel Hossain Tuku
Designation	:	Member
Nationality	:	Bangladeshi.
Email address	:	N/A
Other details	:	N/A

MANAGEMENT
Name	:	Advocate Tauhidur Rahman
Job Description	:	Treasurer
Nationality	:	Bangladeshi
Email address	:	N/A
Other details	:	N/A
Name	:	Mr. Feroz Salah Uddin
Job Description	:	Secretary General
Nationality	:	Bangladeshi
Email address	:	N/A
Other details	:	N/A

Name	:	Mr. Md Jahir Uddin
Job Description	:	Director of Finance
Nationality	:	Bangladeshi
Email address	:	N/A
Other details	:	N/A

Name	:	Mr. Nazmul Azam Khan
Job Description	:	Director of Ir and Communication
Nationality	:	Bangladeshi
Email address	:	N/A
Other details	:	N/A

Name	:	Mr. Sirajul Islam Molla
Job Description	:	Director of Health
Nationality	:	Bangladeshi
Email address	:	N/A
Other details	:	N/A

Name	:	Mr. Md. Afsar Uddin
Job Description	:	Director of Logistics
Nationality	:	Bangladeshi
Email address	:	N/A
Other details	:	N/A

Name	:	Mr. Ekram Elahi Chowdhury (Pd, Pmo)
Job Description	:	Director For Training
Nationality	:	Bangladeshi
Email address	:	N/A
Other details	:	N/A

Name	:	Mr. Md. Belal Hossain
Job Description	:	Director of Disaster Risk Management
Nationality	:	Bangladeshi
Email address	:	N/A
Other details	:	N/A

Name	:	Mr. M.A. Halim
Job Description	:	Director of Community Development
Nationality	:	Bangladeshi
Email address	:	N/A
Other details	:	N/A

Name	:	Mr. Khairul Anam Khan
Job Description	:	Director of Unit (Branch) Affairs
Nationality	:	Bangladeshi
Email address	:	N/A
Other details	:	N/A

Name	:	Mr. Sirajul Islam Molla
Job Description	:	Director of Hr and Admin
Nationality	:	Bangladeshi
Email address	:	N/A
Other details	:	N/A

Name	:	Mr. Nazmul Azam Khan
Job Description	:	Director of Disaster Response
Nationality	:	Bangladeshi
Email address	:	N/A
Other details	:	N/A

Name	:	Mr. K. F. Rahman
Job Description	:	Director of Estates
Nationality	:	Bangladeshi
Email address	:	N/A
Other details	:	N/A

Name	:	Mr. Sikder Mokaddes Ahmed
Job Description	:	Director of Youth and Volunteers
Nationality	:	Bangladeshi
Email address	:	N/A
Other details	:	N/A

Name	:	Mr. Imam Zafor Sikder
Job Description	:	Director of Rfl / Tracing Services
Nationality	:	Bangladeshi
Email address	:	N/A
Other details	:	N/A

Name	:	Mr. Md. Nur Islam Khan
Job Description	:	Director (Operation) CPP
Nationality	:	Bangladeshi
Email address	:	N/A
Other details	:	N/A

Name	:	Ms. Sayma Ferdowsy
Job Description	:	Department Deputy Director of Planning and Development
Nationality	:	Bangladeshi
Email address	:	N/A
Other details	:	N/A

Name	:	M. Aslanov Ikhtiyar
Job Description	:	Head of delegation
Nationality	:	Bangladeshi
Email address	:	N/A
Other details	:	N/A

Name	:	Ms. SAIF Misada
Job Description	:	Media contact person
Nationality	:	Bangladeshi
Email address	:	N/A
Other details	:	88-01730329307

BUSINESS OPERATIONS
Nature of Activity :	Manufacturer	Trader		To Ensure Protection	Ö
	Exporter	Importer	Services	Assistance for Victims of Armed Conflict & Strife	Ö

Item Dealings In:
Products	:	Disaster Management, Health Services, Planning & Development, Central Support Services, Economic Security
Import Products	:	N/A
Export products	:	N/A

Trading Terms:

Purchasing Terms:	L/C	N/A	Cash	Others
	Credit :		30 days	60 days	90 days	days

Selling Terms :	L/C		Cash	Others
	Credit :	N/A	30 days	60 days	90 days	days

DETAILED DATA
Trade Reference & Related Parties	:	Overseas Clients			:	N/A
		Local Clients			:	N/A
		Overseas Suppliers			:	N/A
		Local Suppliers			:	N/A
Trade Markets	:	Exports			:	N/A
		Imports			:	N/A
Brand Name			:	N/A
Certified			:	N/A
Auditors			:	N/A
Operation Status			:	Active

CAPITAL STRUCTURE
Capital Invested	:	N/A
Assets	:	N/A

ASSOCIARES/SUBSIDIARIES/ RELATED PARTIES
Name of The Group	:	Nil
Name of Mother Company	:	Nil
Subsidiary	:	Nil
Sister Concerns	:	Nil

BANKING
Bank Name	:	Not Supplied
ADVERSE DATA MONITORING
Dishonored Checks			:	No Record Found
Debt			:	No Record Found
Litigation			:	Clear
Performance Defaults			:	No Record Found
Adverse Local Media Coverage/ Adverse Filling History			:	No Record Found

SITE VISIT COMMENTARY

Our representative visited the subject company Head Office which is situated at 684-686, Bara Maghbazar, P.O. Box-579, Dhaka-1217, Bangladesh. It’s situated at Red Cross Building.

GENERAL COMMENTS

The subject company is engaged in To Ensure Protection and Assistance for Victims of Armed Conflict and Strife. It is a reputed charity organization in this field of humanitarian activities.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	INR 64.98
UK Pound	1	INR 90.95
Euro	1	INR 79.51
BDT	1	INR 0.78

Note : Above are approximate rates obtained from sources believed to be correct

INFORMATION DETAILS

Analysis Done by :	NIS
Report Prepared by :	TPT

RATING EXPLANATIONS

Credit Rating	Explanation	Rating Comments
A++	Minimum Risk	Business dealings permissible with minimum risk of default
A+	Low Risk	Business dealings permissible with low risk of default
A	Acceptable Risk	Business dealings permissible with moderate risk of default
B	Medium Risk	Business dealings permissible on a regular monitoring basis
C	Medium High Risk	Business dealings permissible preferably on secured basis
D	High Risk	Business dealing not recommended or on secured terms only
NB	New Business	No recommendation can be done due to business in infancy stage
NT	No Trace	No recommendation can be done as the business is not traceable

NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.

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 are as follows:

· Financial condition covering various ratios

· Company background and operations size

· Promoters / Management background

· Payment record

· Litigation against the subject

· Industry scenario / competitor analysis

· Supplier / Customer / Banker review (wherever available)

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.