Fitch changes Sri Lankan banks to stable

Fitch Ratings said it revised the outlooks on Sri Lanka-based Bank of Ceylon (B+/stable), National Savings Bank (B+/stable) and People's Leasing & Finance plc (B/stable) to stable from negative and affirmed their long-term issuer default ratings.

The action follows the Feb. 9 outlook revision on Sri Lanka's sovereign rating (B+/stable) to stable from negative.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.