ICRA Nepal Reaffirms Nepal Bank’s ‘A’ Issuer Rating

ICRA Nepal Limited has reaffirmed Nepal Bank Limited's issuer rating at [ICRANP-IR] A and removed it from the 'Watch with Negative Implications' category.

The rating indicates that the bank has an adequate capacity to meet its financial obligations on time and carries low credit risk.

ICRA clarified that the issuer rating reflects the bank's overall creditworthiness rather than any specific debt instrument. It also noted that ratings within the same category may carry a plus (+) or minus (-) sign to indicate their relative standing.