ICRA Nepal Reaffirms BBB- Rating for Garima Bikas Bank with Negative Watch Status
Tue, Jun 3, 2025 10:01 AM on Latest, Corporate, Credit Rating,
ICRA Nepal has reaffirmed Garima Bikas Bank Limited's issuer rating at [ICRANP-IR] BBB- (Triple B minus), maintaining the status of "Watch with Negative Implications."
This rating suggests a moderate level of safety in meeting financial obligations, indicating moderate credit risk.
The rating reflects the bank's general creditworthiness and is not specific to any particular financial instrument. The BBB- rating denotes the lower end of the moderate credit quality spectrum.
