Nepal credit rating
Nepal Initiates First Sovereign Credit Rating Process with Fitch Ratings
Nepal has embarked on securing its inaugural sovereign credit rating, with Fitch Ratings spearheading the effort. A Fitch Ratings team is currently on-site, conducting evaluations and engaging with key government entities, including the Ministry of Finance and Nepal Rastra Bank, as well as private sector companies, to gauge the nation’s economic position. Obtaining this credit […]
Read MoreBlacklisting in Nepal: A Harsh Reality for Defaulters
In the dynamic world of finance, where loans and credit play a crucial role, Nepal’s banking sector has grappled with the issue of defaulters and blacklisting. As the number of individuals, firms, and companies failing to repay their loans continues to rise, the consequences of being blacklisted have become a harsh reality. The credit information […]
Read MoreUS Chamber of Commerce Delegation to Attend Nepal Investment Summit
A delegation from the US Chamber of Commerce is set to participate in Nepal’s Investment Summit scheduled for April 28 and April 29. US Ambassador to Nepal, Dean Thompson, conveyed this information during a meeting with Minister of Finance Barshaman Pun at the Ministry of Finance on Monday. The meeting delved into various mutual interests, […]
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