ICRA Nepal upgrades rating of Global IME Bank
25 Jan 2025
KATHMANDU: ICRA Nepal, the first credit rating agency in Nepal which follows world-renowned Moody’s standard, has upgraded the issuer rating of Global IME Bank to [ICRANP-IR] A from [ICRANP-IR] A- and its existing subordinated debentures to [ICRANP] LA from [ICRANP] LA-.
The ratings indicate an adequate degree of safety regarding the timely servicing of financial obligations and the instruments issued by the bank carry low credit risk.
For the rating up-gradation, ICRA Nepal has taken into consideration factors like the bank’s comfortable capitalization profile with adequate cushions, relative...
Read More
Just In
-
Nepali worker dies after falling from warehouse roof in Malaysia
01 09, 2021
-
Nepal reports 1,664 new COVID-19 cases, 20 deaths in last 24 hours
31 08, 2021
-
PM Deuba asks KMC mayor to clear garbage immediately
31 08, 2021
-
Kathmandu-Sri Lanka direct flight begins today
31 08, 2021
-
I will not hold any executive post: Leader Khanal
30 08, 2021
-
Maoist Center growing roots in Madhes: Chair Prachanda
30 08, 2021
-
Nepal registers 2,295 new COVID-19 cases, 16 deaths in last 24 hours
30 08, 2021
-
Gagan Thapa announces candidature for party General Secretary
30 08, 2021
-
Ruling coalition partners fail to take decision on cabinet expansion
30 08, 2021
-
युरोपेली नेताहरूमा २०१५ को शरणार्थी समस्या दोहरिने भय
24 08, 2021
