Finance · Sri Lanka
Fitch Ratings Upgrades Sri Lanka Bank's Credit Rating
Owlester AI · from 1 source ·
International credit rating agency Fitch Ratings has upgraded Sri Lanka Bank's long-term foreign and local currency issuer default ratings (IDRs) from CCC+ to B- with a stable outlook. The short-term ratings have also been upgraded from C to B. The bank's viability rating has been raised from ccc+ to b-, and government support rating (GSR) remains at 'ns' (no support).