Fonepay Secures ‘A-’ Issuer Rating from ICRA Nepal

Summary

ICRA Nepal has assigned an issuer rating of A- to Fonepay Payment Service Limited, indicating adequate safety in meeting its financial obligations.

Key Points
  • ICRA Nepal assigned an issuer rating of A- to Fonepay Payment Service Limited.
  • The rating indicates an adequate level of safety in meeting financial obligations.
  • The rating reflects Fonepay's overall creditworthiness.
  • The A- rating is one notch below A under ICRA's rating scale.
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