Rs. 75 crore of Subordinated Debenture Programme of NIBL receives ICRANP LA+ rating from ICRA Nepal for its low credit risk and timely servicing of financial obligation
Wed, Feb 13, 2019 12:49 PM on Bonds & Debentures, Credit Rating, Latest,
ICRA Nepal Limited has reaffirmed a [ICRANP] LA+ (Pronounced as ICRA NP L A Plus) Rating to the Rs. 75 crore worth of Subordinated Debenture Programme of Nepal Investment 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.
