BNK Banking Corporation Limited has announced that S&P Global Ratings has assigned it an issuer credit rating of BBB- / Stable / A-3, marking its first investment grade rating from a major ratings agency.
This significant milestone recognises the bank’s robust capital position, strong credit performance, and continued focus on prudent risk management.
We're proud of our ongoing collaboration with BNK, offering businesses greater flexibility and choice when securing bank guarantees. As of June 2025, BNK offers two guarantee products on the Assuro platform:
- Low-Cost Guarantee – Available for guarantees under $50,000, this product is ideal for businesses seeking minimal impact on cash flow with. It features zero ongoing fees and a variable interest of 1% p.a. earned on the security deposit.
- High-Value Guarantee – For guarantees exceeding $50,000, this product offers 2.10% variable interest on the cash security with no ongoing fees. It’s well-suited for businesses aiming to achieve a competitive net return on the cash deposit held as security.
Take advantage of BNK’s bank guarantees by creating a free Assuro account. For more information or to speak with a bank guarantee specialist, click here.
Read BNK’s full statement here: BNK receives Investment Grade Credit Rating from S&P Global Ratings.
