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 |
2019 |
|
National Credit Ratings has assigned BASIC Bank Limited is rated A+ (pronounced 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.
Besides that, NCRL 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 2019.