Tag: Weak Operating Environment Continues to Pressure Sri Lankan Banks Ratings
Weak Operating Environment Continues to Pressure Sri Lankan Banks’ Ratings: Fitch
Heightened risks from the challenging operating environment stemming from the Sri Lanka sovereign’s (CCC) weak credit profile and the ongoing Covid-19 pandemic continue to pressure the ratings of large Sri Lankan banks, says Fitch Ratings in a new report. Large banks’ financial performance since the pandemic’s onset has been better than we expected, supported by […]