Tag: Sri Lanka Government Debt Plan Tempers Funding Risk for NBFIs: Fitch Ratings

Sri Lanka’s proposed government debt restructuring plan should reduce funding and liquidity risk for non-bank financial institutions (NBFIs), says Fitch Ratings. According to Fitch Ratings, the plan avoids direct impact on the local-currency government debt holdings of NBFIs and commercial banks, easing uncertainty over the entities’ capital, funding and liquidity profiles. Nonetheless, the proposal is […]