March 14, 2025
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6min23
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 […]

March 12, 2025
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3min17
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 […]

August 20, 2024
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5min21
Hayleys PLC retained its national long-term rating of ‘AAA(lka)’ by Fitch Ratings, attesting to the Group’s strong financial stability and resilient earnings profile. The outlook on the rating is stable. The rating is upheld by the Group’s extensive operating scale, diversification across business verticals and geographies and globally leading market positions in several key businesses, […]

March 14, 2024
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2min17
Fitch Ratings Lanka recently upgraded Asia Asset Finance PLC’s (AAF) credit rating to A+ (Stable) from A- (Stable). This reaffirms AAF’s position as one of Sri Lanka’s premier licensed finance companies. This upgraded rating underscores the company’s strength, stability and trust, and serves as a testament to its ability to manoeuvre in a dynamic business […]

July 12, 2023
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4min25
      CEAT Kelani Holdings (CKH) has been assigned a National Long-Term rating of ‘AA+(lka)/Stable’ by Fitch Ratings for a third consecutive year, a rating the Agency says reflects the Company’s position as a leading domestic manufacturer of vehicle tyres and its strong financial profile. In its announcement, Fitch Ratings said: “The affirmation and […]


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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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