10.25% Global IME Bank Debenture program receives good rating from ICRA Nepal for its low-credit risk; Rs 1.50 arba worth debenture adjudged with adequate degree of safety
Thu, Feb 21, 2019 7:03 AM on Credit Rating, Latest, Stock Market,
ICRA Nepal Limited has assigned [ICRANP] LA- (Pronounced as ICRA NP L A Minus) Rating to the Rs. 1.5 arba worth Bond/Debenture Programme (10.25% Bond/Debenture) of Global IME Bank Limited.
Instruments with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligation. Such instruments carry low credit risk.
Note: +/- signs indicates their relative position within the Rating category concerned by one notch higher/lower.
