Fitch Archives

September 12, 2024

Sri Lanka’s leading tyre manufacturer CEAT Kelani Holdings (CKH) has been assigned a National Long-Term rating of ‘AA+(lka)/Outlook Stable’ by Fitch Ratings for a fourth consecutive year, a rating Fitch said is supported by CEAT’s sustained leadership in the domestic pneumatic tyre manufacturing industry and the resilience of its financial profile. In its announcement, Fitch […]

July 8, 2022

The rating provides both investors and customers with an independent and verified view of Bank One’s credit standing PORT LOUIS, Mauritius, July 7, 2022/APO Group/ — Bank One (www.BankOne.mu) is pleased to announce that it has received a Long-Term Issuer Default Rating (IDR) of ‘BB-‘ with a Stable Outlook from Fitch […]

October 18, 2021

In their latest rating review carried out in September 2021, Fitch Ratings Sri Lanka has affirmed Amana Bank PLC’s National Long Term Rating at BB+ with a Stable Outlook, thereby maintaining the Bank’s rating profile which was upwardly revised in June 2020. This rating is affirmed despite the outlook on Sri Lanka’s […]

September 14, 2021

Sri Lanka’s leader in Non-Bank Finance & subsidiary of state sector banking giant People’s Bank, People’s Leasing & Finance PLC (PLC), was recently affirmed A+ (lka) with a ‘Stable Outlook’ by Fitch Ratings. PLC’s National Long-Term Rating is driven by its standalone profile. The Company reflects its established franchise as one of […]

June 8, 2020

June 08, 2020: Fitch Ratings has revised the National Long-Term Rating of Sunshine Holdings (CSE:SUN), to ‘A(lka)’ from ‘A-(lka)’ and has simultaneously affirmed its Outlook Stable. The rating revision of the diversified conglomerate, along with two other non-financial corporates, follows the recalibration of Fitch’s Sri Lankan National Rating scale to reflect changes in the relative […]

CEAT Kelani Holdings rated AA+ by Fitch for 4th successive year

Fitch Rates Bank One ‘BB-‘ with a Stable Outlook

Fitch affirms Amana Bank’s rating at BB+: Stable

Fitch Affirms People’s Leasing and Finance PLC at A+ (lka), Outlook Stable

Fitch revises Sunshine Holdings’ National Long-Term Rating to ‘A(lka)’ from ‘A-(lka)’