BASIC Bank Limited. Serving people for progress
Credit Rating

BASIC Bank Limited

Credit Rating Report


Type of Rating Entity (Stand-Alone Basis) Government Support Entity
Long Term B+ A+
Short Term ST-5 ST-2
Outlook Stable
Rating year 2018
Date of Rating June 26, 2019


National Credit Ratings has assigned B+ (pronounced as Single B Plus) to BASIC Bank Limited for Long Term with stable outlook and ST-5 rating in Short Term for the year 2018.

Besides, BASIC Bank Limited is rated A+ (pronounced as Single A Plus) in the Long Term and ST-2 in the Short Term as Government support entity. This level of rating indicates strong capacity for timely servicing of financial obligations offering adequate safety and carrying low credit risk.

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