Nepal Bank receives A grade rating from ICRA Nepal; International acclaimed Moody’s rating consistently acknowledges bank’s strong financial position

Tue, May 11, 2021 6:16 AM on Latest, Credit Rating,

Nepal Bank, the first bank of the nation, has received the superior A rating from Moody’s rating agency ICRA Nepal.

This rating indicates the bank’s capability to timely settle all its pending payments and demonstrates a superior Capital Adequacy Ratio and low risk in both deposit and credit portfolios.

The recently announced 3.5 Arba debenture of the bank with an 8.50% interest yield for 10 years also received a similar superior A rating from ICRA Nepal, as per the media statement.