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Durga Prasain’s B&C hospital gets rs 2.7 billion loan rating 

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Kathmandu. The ‘B&C’ Hospital, run by entrepreneur Durga Prasain, has given a rating of short-term and long-term loans. Prasai’s hospital has given short-term and long-term loan rating of Rs 2.70 billion.

This hospital has a short-term loan rating of Rs 100 million. The company’s current debt has been rated ‘Care-NP A4’.  This rating is considered to have a minimum level of security in the company’s ability to pay financial obligations on time. Such a loan of the company carries a ‘high credit risk’ and is more likely to default (unable to repay within the stipulated time).

Similarly, the hospital has a long-term loan rating of Rs 2.60 billion. TAG_OPEN_div_14 The rating agency CARE Nepal has rated the long-term loan of this hospital as ‘CARE-NP Double B minus’. This implies that there is a high risk in the company’s ability to pay its financial obligations on time.

This hospital has rated the loan by showing the business data it did two years ago. The hospital has done business worth Rs 1.19 billion in other years of 2022. The business of this hospital has increased compared to 2021. In 2021, it had a turnover of Rs 814 million. In 2020, it had a turnover of Rs 539 million.

TAG_OPEN_div_10 This hospital was established by Durga Prasain in 2011. The hospital has been established in Jhapa district. B&C Hospital has a four-member board of directors. Indira Giri is the chairperson of this hospital. Durga Prasain is the executive director of the hospital. Similarly, managing director. Ram Babu Giri. The hospital has 615 employees as of December 1, 2022. Of them, 466 are medical staff, according to the hospital.

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