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3decades

 

MIRA INFORM REPORT

 

 

Report No. :

511831

Report Date :

31.05.2018

 

 

 

IDENTIFICATION DETAILS

 

Name :

NATIONAL INSTITUTE OF CANCER RESEARCH & HOSPITAL

 

 

Formerly Known As :

THE CANCER INSTITUTE

 

 

Registered Office :

Mohakhali, TB Gate Road, Dhaka-1212

 

 

Country :

Bangladesh

 

 

Financials (as on) :

30.06.2017

 

 

Date of Incorporation :

1982

 

 

Legal Form :

State-owned Co

 

 

Line of Business :

·         Treatment for Cancer Patient

·         All diagnostic activities- for cancer detection

·         All kinds of treatments- surgery, radiotherapy, chemotherapy.

·         Hospital based cancer registry

·         It has formulated national guidelines for high- quality, cost- effective cancer treatment plan for 4 common cancers of our country.

·         Different training programs- for health professionals -histopathologists, gynecologists, nurses, technologists, community leaders.

·         Organizing tobacco prevention & cessation programmers in the community.

·         Participation in national activities- such as observance of world cancer day, world pediatric cancer day, no tobacco day, breast & cervical cancer awareness month and chalking out of special breast cancer screening campaign in the victory month of december from 2015.

·         Telemedicine services

·         Publication of NICRH journal

·         Palliative care services

·         Academic activities

 

 

No. of Employees :

400

 

 

RATING & COMMENTS

(Mira Inform has adopted New Rating mechanism w.e.f. 23rd 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 2005 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 surpassed $28 billion in FY 2016-17. The sector continues to grow despite the need for improvements in factory safety conditions and workers’ rights to avert further high-profile accidents that killed more than 1,000 workers in 2012 and 2013. In FY 2016-17, steady export growth in the garment sector, combined with $13 billion in remittances from overseas Bangladeshis, contributed to Bangladesh's rising foreign exchange reserves.

The recent influx of over 700,000 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 record flooding. Recent improvements to energy infrastructure, including the start of liquefied natural gas imports in 2018, represent a major step forward in resolving a key growth bottleneck.

 

Source : CIA

 


Company name

 

NATIONAL INSTITUTE OF CANCER RESEARCH & HOSPITAL

 

 

EXECUTIVE SUMMARY

 

                                                IDENTIFICATION DETAILS

Correct company Name

:

National Institute of Cancer Research & Hospital

Company previous name

:

The Cancer Institute

Head Office

:

Mohakhali, TB Gate Road, Dhaka-1212, Bangladesh

Tel No

:

88-02-9880078, 8111169, 8826561-5

Fax No

:

88-02-8130924

E-mail

:

info@nicrhbd.org, nicrh@hospi.dghs.gov.bd

Website

:

www.nicrh.dghs.gov.bd

Date/ Year of Establishment

:

1982

Trade License No

:

Nil

Legal Form (General)

:

 Public Listed Co        Public (but not listed)   Private Co   State-owned Co

 Sole Proprietorships  Partnership                     Not Registered

 others (please specify) ________________

Legal form (Specific)

:

LTD   CORP    INC  Institute    

 others (please specify) ________________

Issuing Authority

:

Registrar of Joint Stock Companies & Firms        City Corporation

 Municipal Administration                                    Union Council

 Cantonment Board                                               Chief Controller of  Import & Export

 President Order

 

 

FINANCIALS- SUMMARY

      Year

Turnover/ Sales

 Assets

     Income

30th June, 2017

N/A

N/A

N/A

 

Note

:

Based on the corporate laws legal entities which are not required to make public disclosure of their annual financials. Therefore no financials are available for this entity.

 

 

FULLCHECK REPORT DETAILS

 

                                                             Information Parted By

Name

:

Dr. Tarit Kumar Samadder

Designation

:

Assistant Professor

Contract No

:

88-01715517621

 

                                                               Locations Details

Business Address

:

Mohakhali, TB Gate Road, Dhaka-1212, Bangladesh

Tel No

:

88-02-9880078, 8111169, 8826561-5

Fax No

:

88-02-8130924

E-mail

:

info@nicrhbd.org, nicrh@hospi.dghs.gov.bd

Website

:

www.nicrh.dghs.gov.bd

 

Location :

: Owned

 

Rented

Ö

 

Leased

 

Area

5000

Sq. ft.

 

Type of Office :

  :       Commercial Area.

Ö

 

Semi-commercial office Bldg.

 

     

 

Retail shop

 

 

Industrial Park

 

     

 

Business Center

 

 

Home Office

 

     

 

Residential Bldg.

 

 

 

 

 

 

Hospital Address:

 

Address

:

Mohakhali, TB Gate Road, Dhaka-1212, Bangladesh

Tel No

:

Nil

Fax No

:

Nil

 

Branch Address:

Address

:

Nil

Tel No

:

Nil

Fax No

:

Nil

 

Employee:

 

 

 

No. of Employees 

 

In Office

:

400

Warehouse

:

N/A

In Branch

:

N/A

Total

:

400

Details:

 

                    

 

 

OWNERSHIP/SHAREHOLDERS

 

Names of Shareholders

No. of Share

Peoples Republic of Bangladesh Government

100%

 

 

MANAGEMENT

 

Name

:

Prof (Dr.) Md. Moarraf  Hossen

Job Description

:

Director and Professor of Radiotherapy

Nationality

:

Bangladeshi

Email address

:

moarraf@yahoo.com

Other details

:

88-01713092670,

 

 

 

Name

:

Prof. Dr. M. A. Hai

Job Description

:

Director and Professor

Nationality

:

Bangladeshi

Email address

:

N/A

Other details

:

88-01930215570

 

Name

:

Professor Dr. Mirza Mohammad Hiron

Job Description

:

Director and Professor

Nationality

:

Bangladeshi

Email address

:

N/A

Other details

:

88-017117351631

 

Name

:

Dr. Md. Yeaqub Ali

Job Description

:

Professor

Nationality

:

Bangladeshi

Email address

:

yeaqubali@yahoo.com, yeaqubali62@yahoo.com

Other details

:

88-01732429390, 01674177330

 

Name

:

Prof. Dr. Parveen Shahida Akhter

Job Description

:

Oncology Specialist Prof.

Nationality

:

Bangladeshi

Email address

:

N/A

Other details

:

88-01711622788

 

Name

:

Dr. Md. Abul  Ahsan (Didar)

Job Description

:

Assistant Professor

Nationality

:

Bangladeshi

Email address

:

N/A

Other details

:

N/A

 

Name

:

Dr. Tarit Kumar Samadder

Job Description

:

Assistant Professor

Nationality

:

Bangladeshi

Email address

:

N/A

Other details

:

88-01715517621

 

Name

:

Professor Dr. A.K.M. Mostofa Hossain

Job Description

:

Chest, Asthma & Medicine Specialist

Nationality

:

Bangladeshi

Email address

:

N/A

Other details

:

N/A

 

Name

:

Dr. A F M Anowar Hossain

Job Description

:

Assistant Professor

Nationality

:

Bangladeshi

Email address

:

N/A

Other details

:

88-01717351631

 

Name

:

Dr. Md. Mosarraf  Hossain

Job Description

:

Cancer Specialist

Nationality

:

Bangladeshi

Email address

:

N/A

Other details

:

N/A

 

Name

:

Dr. Muhammad Rafiqul Islam

Job Description

:

Medical Oncologist

Nationality

:

Bangladeshi

Email address

:

alongsinger@gmIl.com

Other details

:

88-01819492423

 

Name

:

Dr. Ashis Kumar Ghosh

Job Description

:

Assistant Professor

Nationality

:

Bangladeshi

Email address

:

ashiskumarghosh@gmail.com

Other details

:

88-01712685509, 01975664433

 

Name

:

Dr. Ranada Prasad Roy

Job Description

:

Radiation Oncology

Nationality

:

Bangladeshi

Email address

:

rproy11@gmail.com

Other details

:

88-01716099471

 

Name

:

Prof. Dr. Md. Mahbubur Rahman

Job Description

:

Professor and Head Dept. of Hematology

Nationality

:

Bangladeshi

Email address

:

N/A

Other details

:

N/A

 

 

BUSINESS OPERATIONS

 

Nature of Activity    :

Manufacturer

Trader

 

Dealer

 

Distributor

 

 

 

 

Exporter

 

Importer

 

Services

 

Hospitality Services

Ö

 

Item Dealings In:

 

Products

:

Treatment for Cancer Patient

Activities Detailed

 Descriptions

:

All diagnostic activities- for cancer detection

All kinds of treatments- surgery, radiotherapy, chemotherapy.

Hospital based cancer registry

It has formulated national guidelines for high- quality, cost- effective cancer treatment plan for 4 common cancers of our country.

Different training programs- for health professionals -histopathologists, gynecologists, nurses, technologists, community leaders etc.

Organizing tobacco prevention & cessation programmers in the community.

Participation in national activities- such as observance of world cancer day, world pediatric cancer day, no tobacco day, breast & cervical cancer awareness month and chalking out of special breast cancer screening campaign in the victory month of december from 2015.

Telemedicine services

Publication of NICRH journal

Palliative care services

Academic activities

 

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  

:

Sonali Bank Ltd.

Janata Bank Ltd.

 

 

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 Mohakhali, TB Gate Road, Dhaka-1212, Bangladesh. It is situated at Commercial Area.

 

 

GENERAL COMMENTS

 

The subject company is reputed company in this line of business Hospitality Services. We

Recommended that Credit can proceed normally

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

INR 67.63

UK Pound

1

INR 89.70

Euro

1

INR 78.20

BDT

1

INR 0.80 

 

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

 

 

INFORMATION DETAILS

 

Analysis Done by :

PRA

 

 

Report Prepared by :

SYL

                                                


 

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.