ECONOMYNEXT – Fitch Ratings has placed a viability rating of state-run Bank of Ceylon on rating watch negative, pending possible recapitalization for losses from state enterprise funding, while confirming a long-term rating at ‘CC’. Sri Lanka’s budget for 2024 set aside 450 billion rupees f...
Head Office Supports Rating: MCB Bank Limited - Sri Lanka Branch’s (MCBSL) rating reflects Fitch Ratings’ expectation of support, if required, from the head of
Shareholder Support Underpins Ratings: The National Long-Term Ratings of CBCF, HNBF, Siyapatha and UBF are driven by our view that their respective parent banks would provide extraordinary support to their finance subsidiaries, if required. The parents’ ability to extend support to these FLCs i...
COLOMBO, Nov. 22 (Xinhua) -- Sri Lanka's central bank has strongly objected to a statement made by Fitch ratings, which has warned of policy uncertainty after the presidential election, saying such claims were contradictory to the positive market response after the victory of Gotabaya Rajapaksa,...
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Fitch Ratings has placed the National Long-Term Ratings of 12 Sri Lankan non-bank financial institutions (NBFIs) on Rating Watch Negative (RWN). The entities are: Finance and Leasing Companies: Bimputh Finance PLC (Bimputh) CBC Finance LTD (CBCF) ...
Welcome to the official Website of Merchant Bank of Sri Lanka & Finance PLC. MBSL is a leading licensed finance company in Sri Lanka offering various financial services.
Why Bank With Us. Why Bank With Us. You Enjoy 100% Government Guarantee on Your Money. You Have Saved with Us for 182 Years. The Only Local Bank to Receive AAA Fitch Ratings for 14th Consecutive Year. NSB takes pride in being the only local bank to win the coveted ‘ AAA (lka) ‘...
Fitch Ratings has affirmed the National Long-Term Rating of People's Bank (Sri Lanka) (PB) at 'AA-(lka)'. The Outlook is Stable. KEY RATING DRIVERS PB's National Long-Term Rating is driven by its intrinsic credit strength. It balances a superior franchise and funding profile against weak...
Cargills Bank PLC Entity featured on Fitch Ratings. Credit Ratings, Research and Analysis for the global capital markets.