Everest Bank Limited Secures Reaffirmation of High Safety CARE-NP Double A Issuer Credit Rating

17th June 2026, Kathmandu

CARE Ratings Nepal Limited has officially reaffirmed the CARE-NP Double A (IS) Issuer Rating for Everest Bank Limited.

EBL Retains AA Rating

The high tier credit designation reflects total confidence in the commercial bank’s long term operational stability and low overall credit risk profile.

The rating agency based its fresh institutional evaluation on a deep review of audited financial reports alongside current performance data covering the ongoing fiscal year.

This solid rating marks Everest Bank as a highly secure institution capable of maintaining strong business momentum while safely meeting all national capital safety buffers.

Primary Financial Anchors and Strategic Support Networks

The credit assessment identifies several core structural drivers that keep the banking enterprise anchored at a premium tier.

• Evaluated Financial Entity: Everest Bank Limited
• Assigned Credit Milestone: CARE-NP Double A Issuer Rating Reaffirmation
• Strategic International Alliance: Joint venture structure with Punjab National Bank, India
• Foreign Institutional Investment Share: 20.02 percent equity stake held by Punjab National Bank
• Total Balance Sheet Valuation: Approximately 378.69 billion Nepalese Rupees in total assets
• Core Capital Adequacy Status: Healthy capital position safely exceeding baseline central bank mandates

Underlying Pillars Driving Long Term Institutional Safety

The comprehensive credit report isolates multiple performance metrics that separate the organization from its macro industry peers.

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• Decades of Market Track Record: Operating successfully since late 1994 has allowed the institution to build deep retail deposit loyalty across domestic markets.
• Superior Quality of Loan Assets: Proactive credit risk screening tools keep non performing loans well below general industry averages.
• Improving Deposit Structure: Steady expansion of low cost current and savings accounts helps lower overall funding expenses and shield profit margins.
• Experienced Corporate Leadership: A mature management team enforces strict internal recovery guidelines and operational control systems.
• Cross Border Technical Collaboration: A rolling five year technical service pact with its Indian partner brings advanced banking systems into local operations.

Managing Ongoing Sensitivities and Future Regulatory Trajectories

To preserve this elite rating stance over the coming financial periods, the bank must navigate shifting fiscal guidelines and competitive pressures.

Rating analysts note that future stability depends on the organization’s capacity to maintain solid profitability without increasing credit risks in volatile sectors.

Because Nepal Rastra Bank frequently updates macro prudential rules, the bank must continually balance loan expansion against asset safety, keeping adequate capital buffers intact to protect against broader economic shifts.

Expanding Commercial Infrastructure and National Footprint

Leveraging decades of strong public trust, Everest Bank Limited continues to grow its nationwide distribution footprint across all seven provinces.

The retail and corporate service network now features an expansive grid of domestic branch offices, automated teller units, and targeted digital transaction kiosks.

By pairing a low cost deposit model with strict asset management, the joint venture institution successfully combines corporate growth with high tier financial safety, reinforcing its role as a stable cornerstone of the national banking industry.

For More: EBL Retains AA Rating