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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 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.

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