Tag: Fitch Affirms Nine Sri Lankan Banks and revises sector outlook to negative from stable

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Fitch affirms nine Sri Lankan banks, revises sector outlook to negative from stable

Jan 13, 2016 (LBO) – Fitch Ratings, a credit ratings agency has affirmed the long-term issuer default ratings (IDRs) of nine local banks and revised its sector outlook to negative from stable, a statement said. It affirmed the National Savings Bank (NSB) at ‘B+’; Outlook Negative, Bank of Ceylon (BOC) at ‘B+’; Outlook Negative and […]