Nepal Bank Limited got ICRA 'A' rating

Apr Fri 2020 08:55:03

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Nepal Bank Limited got ICRA 'A' rating

Nepal Bank Limited has succeeded in getting A rating. Nepal-based rating agency ICRA Nepal Limited has given an 'A' level rating to the country's first bank Nepal Bank Limited.

A spokesperson for the bank, Prakash Kumar Adhikari, said in a press release that the banks and financial institutions will be able to pay their financial and financial obligations on time and have low credit risk. To expect It is mentioned that it can be done.

Efforts to maintain good governance, policies and established infrastructure, risk-taking capacity, asset quality, adequate liquidity and capital funds, sources of income and its sustainability, deposit mix, loan to deposit ratio, transparency and overall industry risk, etc. Bank Limited is said to have succeeded in getting 'A' rating.

The bank is operating limited banking services across the country by involving limited staff through all its branches, adopting full security vigilance even in the current dire situation.