ICRA Nepal reaffirms ICRANP LA- to Rs 50 crore worth of Subordinated Debenture Programme of NMB Bank; rating indicates adequate degree of safety
Thu, Jan 24, 2019 6:12 AM on Bonds & Debentures, Credit Rating, Latest,
ICRA Nepal Limited has reaffirmed a [ICRANP] LA- (Pronounced as ICRA NP L A Minus) Rating to the Rs. 500 Million Subordinated Debenture Programme of NMB 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.
