Fitch Takes Action on 8 Sri Lankan Banks’ National Ratings on Updated Scale After Sovereign Upgrade

Fitch Ratings has taken the following actions on the National Long-Term Ratings of eight Sri Lankan banks following recalibration of the agency’s Sri Lankan national rating scale in the wake of the recent sovereign rating upgrade: — Bank of Ceylon (BOC): National Long-Term Rating upgraded to ‘AA+(lka) from ‘AA-(lka)’; Outlook Stable — People’s Bank (Sri […]

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