ICRA Nepal Limited has reaffirmed the credit ratings of Nepal SBI Bank Limited. The bank’s issuer rating [ICRANP-IR] remains at AA, while its subordinated debenture of NPR 2,034 million [ICRANP] is reaffirmed at LAA.
These ratings reflect a high degree of safety in meeting financial obligations and indicate very low credit risk. They represent the general creditworthiness of the bank and its instruments, but do not constitute investment advice or a comment on market pricing.