ICRA Nepal Upgrades Citizens Capital to AMC3+ Rating

ICRA Nepal has upgraded Citizens Capital Ltd.’s asset management quality rating from AMC3 to AMC3+. The upgrade reflects the company’s strong management structure, effective risk management, sound internal controls, and continuous improvement in investment management performance.

The rating highlights Citizens Capital’s operational stability, good governance practices, and positive long-term business prospects. The company provides a wide range of capital market services and considers this upgrade an important milestone, reaffirming its commitment to transparency, strong governance, and delivering reliable and competitive services to investors.