July 16, 2019
Machhapuchchhre Bank Limited (MBL) has received [ICRANP-IR] A- (Pronounced as ICRA NP issuer rating A Minus) rating by ICRA Nepal Limited. Issuers with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations. Such issuers carry low credit risk.
ICRA Nepal has also reaffirmed the outstanding rating to 10.25% Subordinated Debenture Programme of the bank that totals to Rs 3 arba.
