Kathmandu, Feb. 17
ICRA Nepal Limited has assigned an ‘A Plus
Rating’ to Citizen Investment Trust (CIT).
The company has awarded the fund an
ICRANP-IR A Plus rating, the company said in a statement on Tuesday.
"Institutions receiving this rating
are considered to have adequate safety with regard to the timely servicing of
their financial obligations. The decision was made by ICRA Nepal’s rating
committee," read the statement.
Established in 1990, the CIT began its
operations in January 1992. The fund operates several schemes, including the
Employees’ Savings Growth Retirement Fund, Gratuity and Pension Scheme,
Investor Pension Scheme, Life Insurance Fund for Civil Servants, Citizen Unit
Scheme, Citizen Pension Scheme, and the Insurance Fund of the Nepal
Agricultural Research Council.
Currently, the fund has more than 700,000
participants.
Published in The Rising Nepal daily on 18 February 2026.
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