Kamana Sewa Bikas Bank (KSBBL) Gets Credit Upgrade: Issuer Rating Raised to CARE-NP BBB- (Is)

1st October 2026, Kathmandu

Kamana Sewa Bikas Bank Limited has achieved a major milestone in its financial standing, earning a prestigious upgrade to its credit rating. CARE Ratings Nepal Limited has officially upgraded the bank’s issuer rating from ‘CARE-NP BB+ (Is)’ to ‘CARE-NP BBB- (Is)’.

Rating Overview at a Glance

Rating Agency: CARE Ratings Nepal Limited

Previous Rating: CARE-NP BB+ (Is)

Upgraded Rating: CARE-NP BBB- (Is)

Rating Definition: Entities with a ‘BBB- (Is)’ designation are recognized as having a moderate degree of safety regarding the timely servicing of financial obligations, alongside moderate credit risk management.

Key Drivers Behind the Upgrade

The upgrade reflects Kamana Sewa Bikas Bank’s robust growth trajectory, improving operational health, and resilient strategies. Key factors contributing to this positive shift include:

Capital Strengthening: Noticeable improvements in capital funds and risk-weighted asset management.

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Enhanced Asset Quality: Proactive management and control over loan portfolios and credit quality.

Profits & Business Growth: Steady upward trends in net profit generation, market share expansion, and overall business volume.

Strong Liquidity & Deposit Structure: Enhanced stability in deposit mixes and sound liquidity buffers.

Experienced Leadership: Guided by a skilled Board of Directors and a competent management team.

Strengthening Stakeholder Confidence

This rating upgrade serves as a strong testament to the bank’s financial integrity, stability, and unwavering commitment to high standards of corporate governance. It validates the trust placed in the institution by depositors, borrowers, shareholders, and regulatory authorities alike.

Moving forward, the upgraded rating is expected to assist the bank in mobilizing financial resources at more competitive costs, while accelerating institutional deposit growth and high-value business partnerships.

Committed to Sustainable Banking

True to its guiding slogan, “Pragatiko Aadhar Kamana Sewa” (Kamana Sewa: The Basis of Progress), the bank continues to anchor its long-term vision on secure, responsible, technology-driven, and sustainable banking practices, delivering progressive value to its customers nationwide.

For more: KSBBL Credit Upgrade Issuer Rating