May 8: ICRA Nepal Limited has assigned AA- credit rating for Nabil Bank.  According to the credit rating agency, the entities with AA- rating are considered as high-credit quality rating assigned by ICRA Nepal and the rated entity carries low credit risk.

 “ICRA has assigned the rating taking into the account of the bank’s good market position, healthy profitability, adequate capitalization, comfortable solvency profile, diversified earning profile and low cost of funds supported by healthy deposit profile and experienced management team,” informs the bank in a press statement citing ICRA Nepal.