ICRA Lanka Archives - Lanka Business News

March 30, 2022

UB Finance Co Ltd, one of Sri Lanka’s premier licensed finance companies (LFCs) and a subsidiary of Union Bank PLC, has announced that ICRA Lanka has reaffirmed its Issuer Rating of [SL]BB, while revising its outlook upwards from “Stable” to “Positive”. This gives UB Finance Co Ltd an Issuer Rating of […]

August 4, 2021

August 3rd, 2021: Pioneering private healthcare provider Nawaloka Hospitals PLC (CSE: NHL) recently had its investment grade credit rating of [SL] BBB- reaffirmed with a revised outlook to Stable, by ICRA Lanka Limited. The reaffirmed rating is in recognition of the remarkable progress achieved by Nawaloka Hospitals during the recent past by […]

January 4, 2021

ACL Cables PLC, the No.1 cable company in Sri Lanka has once again showcased its strong financial position and brand equity achieving (SL) A+ stable credit rating for the fourth consecutive year according to ICRA Lanka’s recently published rating outlook. Impressively, ACL Cables became the only cable manufacturer in the local industry to register an […]

ICRA Reaffirms UB Finance’s [SL]BB Issuer Rating, Revises Outlook to “Positive”

ICRA Lanka reaffirms Nawaloka Hospitals credit rating of [SL] BBB- with a stable outlook

ACL Cables showcases strong financial position and brand equity achieving (SL) A+ ICRA Lanka credit rating for fourth consecutive year