NRBCBank's Credit Rating Report
Surveillance Rating Rating Period -2015
Long Term A
Short Term ST-3
Outlook Stable
Date of Rating 30 March 2016
Credit Rating Information and Services Limited (CRISL) has affirmed the Long Term Rating to 'A' (pronounce A) and Short Term Rating to 'ST-3' of NRB Commercial Bank Limited through an extensive analysis of the operational and financial performance of the bank. The basis of its evaluation was audited financials for the period ended 31 December 2015 and other relevant quantitative as well as qualitative information up to date of Rating Declaration.

The Long Term Rating 'A' Indicates Bank rated in this category are adjudged to offer adequate safety for timely repayment of financial obligations. This level of rating indicates a corporate entity with an adequate credit profile. Risk factors are more variable and greater in periods of economic stress than those rated in the higher categories.

The Short Term Rating 'ST-3' indicates Good certainty of timely payment. Liquidity factors and company fundamentals are sound. Although ongoing funding needs may enlarge total financing requirements, access to capital markets is good. Risk factors are small.