ICRA Nepal Affirms Strong Ratings for Nepal SBI Bank: A Sign of Financial Stability

Icra Nepal Limited has reaffirmed its ratings for Nepal SBI Bank Limited. The issuer rating is maintained at [ICRANP-IR] AA, while the rating for a subordinated debenture amounting to NPR 2,034 million is reaffirmed at [ICRANP] LAA.

These ratings indicate that the bank and its instruments are highly secure, with very low credit risk regarding timely financial obligations. It is important to note that these ratings reflect the bank's general creditworthiness and do not constitute recommendations for buying, selling, or holding any securities, nor do they address pricing or listing prices.