ICRA Nepal Reaffirms Global IME Bank Ratings, Removes Negative Watch
Summary
ICRA Nepal reaffirmed Global IME Bank's credit ratings and removed the negative watch status, confirming the bank's adequate creditworthiness and low credit risk.
Key Points
- ICRA Nepal reaffirmed the credit ratings of Global IME Bank Limited.
- The bank holds an issuer rating of [ICRANP-IR] A- and subordinated debenture ratings of [ICRANP] LA-.
- The ratings indicate an adequate level of safety in meeting financial obligations and low credit risk.
- The negative watch category status has been removed for Global IME Bank.
