Sri Lanka bank assessment : new update from Fitch Ratings
2024-11-22
Sri Lankan banks’ operating environment (OE) assessment and overall credit profiles will be supported by any improvement in the sovereign’sContinue Reading
Fitch says CEB’s restructuring faces execution risk
2024-11-13
Fitch Ratings has affirmed the Ceylon Electricity Board’s (CEB) National Long-Term Rating at ‘BB+(lka)’, stating that the outlook is stable.Continue Reading
Fitch Ratings provides Positive Update on Sri Lanka’s debt restructuring progress
2024-10-09
The Sri Lankan authorities’ confirmation that they endorse the targets set under the country’s IMF programme and intend to implementContinue Reading
Distilleries’ acquisition of Heineken Lanka may challenge Lion Brewery share – Fitch Ratings
2023-11-21
Lion Brewery (Ceylon) PLC (AAA(lka)/Stable), the leader in Sri Lanka’s beer market, could face more competition in the medium termContinue Reading
Targets of 2024 budget challenging to meet – Fitch Ratings
2023-11-15
The targets laid out in Sri Lanka’s budget for 2024 will be challenging to meet, even with the economic recoveryContinue Reading
CEB cash flow situation : Fitch shares opinion
2023-10-11
Fitch Ratings says it does not believe cash flow from operations will be sufficient to cover the Ceylon Electricity Board’sContinue Reading
Fitch affirms ratings on 15 Sri Lankan Banks
2023-10-05
Fitch Ratings has affirmed its ratings on fifteen (15) Sri Lankan banks, while 14 of them have been removed fromContinue Reading
Fitch downgrades Sri Lanka’s Long-Term Local-Currency IDR to ‘RD’
2023-09-15
Fitch Ratings has downgraded Sri Lanka’s Long-Term Local-Currency (LTLFC) Issuer Default Rating (IDR) to ‘RD’ (Restricted Default) from ‘C’. TheContinue Reading
Fitch rates SL’s Long-Term Foreign-Currency Issuer Default at ‘Restricted Default’
2023-09-08
Fitch Ratings has rated Sri Lanka’s Long-Term Foreign-Currency Issuer Default Rating at ‘Restricted Default’, or RD. The Ratings Agency statedContinue Reading
Debt restructuring likey to reduce risks for domestic insurers – Fitch
2023-07-24
The Sri Lankan government’s debt restructuring plan is likely to reduce investment and liquidity risks for domestic insurers, Fitch RatingsContinue Reading
Sri Lanka Domestic Debt plan : Fitch reveals position
2023-07-04
The Sri Lankan government’s proposal for treatment of domestic debt marks a significant step towards resolving uncertainties around the impactContinue Reading
Fitch affirms India’s sovereign rating on robust growth outlook
2023-05-09
Fitch Ratings on Tuesday affirmed India’s sovereign rating with a stable outlook saying the country has a robust growth outlookContinue Reading
