Rs. 2 arba worth 10% NBBL Debentures 2085 of Nepal Bangladesh Bank receives ICRANP] LBBB+ rating from ICRA Nepal; rating indicates moderate credit risk

ICRA Nepal Limited has assigned [ICRANP] LBBB+ (Pronounced as ICRA NP L Triple B plus) Rating to the Rs. 2 arba Subordinated Debenture Programme (10% NBBL Debentures 2085) of Nepal Bangladesh Bank Limited.

Instruments with this rating are considered to have moderate degree of safety regarding timely servicing of financial obligations. Such instruments carry moderate credit risk.

Debenture Rating is not a recommendation to buy, sell or hold securities nor it is a comment on the price or valuation of securities issued by company.

 Note: +/- signs indicates their relative position within the Rating category concerned by one notch higher/lower.