Kathmandu – Standard Chartered Bank Nepal has secured the prestigious ‘Triple A’ rating for the sixth consecutive year. The rating was awarded by ICRA Nepal, indicating the bank’s strong ability to meet its financial obligations on time and highlighting the bank’s robust and secure system.

According to ICRA Nepal, as of mid-April 2025, the bank maintained a capital adequacy ratio of 17.44% and a Tier 1 capital ratio of 15.15% based on risk-weighted assets. These figures are significantly higher than the minimum regulatory requirements of 11% and 8.5% respectively, reflecting a strong capital foundation. Furthermore, the bank’s non-performing loan (NPL) ratio stands at only 1.44%, well below the industry average of 5.05% for commercial banks during the same period.

Standard Chartered also maintains the lowest cost of funds across the banking sector. Commenting on the achievement, CEO Gaurav Rana said, “Achieving the ‘Triple A’ rating for the sixth time in a row is a testament to our consistent service to customers and clients based on our core values and stability. It also reflects the dedication and hard work of our entire team.”

Despite increasing pressure on asset quality across the banking industry, ICRA Nepal noted that Standard Chartered Bank has continued to perform strongly. Operating in Nepal since 1987, the bank is 70% owned by the global Standard Chartered Group, which regularly conducts oversight and monitoring of the bank’s operations.