Fitch Affirms Standard Chartered, Sri Lanka at ‘AAA(lka)’; Outlook Stable

Fitch Ratings – Colombo – 14 March 2025: Fitch Ratings has affirmed Standard Chartered Bank, Sri Lanka’s (SCBSL) National Long-Term Rating at ‘AAA(lka)’. The Outlook is Stable. Key Rating Drivers Robust Parental Support: SCBSL’s National Long-Term Rating is supported by Fitch’s expectation of a high likelihood of support from the head office, Standard Chartered Bank…

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Fitch Upgrades Siyapatha Finance’s Ratings to ‘A(lka)’; Outlook Stable

Siyapatha Finance PLC’s National Long-Term Rating was recently upgraded to ‘A(lka)’ from ‘BBB+(lka)’ by Fitch Ratings, reflecting a positive evaluation of the institute’s robust financial profile, creditworthiness and firm linkage maintained with its parent bank. Siyapatha’s upgraded rating is attributed to the steady growth of the company’s financial profile amidst socio-economic shocks, reflecting the entity’s…

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