Lanka Rating Agency Archives - Lanka Business News

March 20, 2025

First Capital Treasuries PLC and Lanka Rating Agency Ltd (LRA) are pleased to jointly announce the upgrade of First Capital Treasuries PLC’s credit rating to ‘A+’ from ‘A’, reflecting the company’s strengthened financial position, robust risk management practices, and continued excellence in Sri Lanka’s capital markets. The rating upgrade comes after a comprehensive assessment of […]

February 14, 2025

Amana Bank has been assigned a long-term investment-grade rating of BBB+ with a Stable Outlook by Lanka Rating Agency (LRA) following its initial rating assessment. LRA is an independent credit rating agency approved by the Central Bank of Sri Lanka. According to LRA’s communiqué, the rating reflects the Bank’s strong asset quality, enhanced capitalization, and […]

May 13, 2024

13th May 2024, Colombo: Janashakthi Limited (JXG), the parent entity of the Janashakthi Group of Companies, announces a three-notch upgrade in its credit rating by Lanka Rating Agency (LRA) from BB- to BBB-. This upgrade signifies a shift from moderate risk to investment grade, reinforcing Janashakthi Group’s strength, stability, and sustained growth in the sectors […]

Lanka Rating Agency Limited Upgrades First Capital Treasuries to A+

Amana Bank achieves BBB+ Investment Grade Rating

LRA upgrades Janashakthi Limited (JXG) to Investment Grade