CRISL clarification

In a clarification on a news report headlined 'BSRS board virtually ineffective' printed on January 24, Credit Rating Information and Service Limited (CRISL) said its observations and opinions mentioned in the report were applicable to the previous board of the Bangladesh Shilpa Rin Sangstha (BSRS), not the current board.
“We wish to clarify that our rating report on BSRS covers the period from July 1, 2006 to June 30, 2007. Our observations and opinion related to the Board that existed during this period do not concern the composition or performance of the current board which started functioning from May 31, 2007,” CRISL said.