Garima Bikas Bank Limited Retains BBB- Credit Rating from ICRA Nepal
Summary
ICRA Nepal Limited has reaffirmed Garima Bikas Bank Limited's issuer credit rating at BBB-, maintaining the bank's moderate credit risk status with a watch on negative implications.
Key Points
- ICRA Nepal Limited reaffirmed Garima Bikas Bank Limited's issuer rating at BBB-.
- The bank's credit rating position is described as having a moderate degree of safety for financial obligations.
- The rating indicates moderate credit risk but a capability to meet financial commitments.
- Garima Bikas Bank Limited remains on 'Watch with Negative Implication' by ICRA Nepal.
