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🇱🇰 Sri Lankaeconomy/Lanka Business Online•2 min read

Fitch Upgrades Three Sri Lanka Bank-Owned NBFIs Following Parent Rating Upgrades; Outlooks Stable

Original Reporting by Lanka Business Online
Thursday, 5 November 2026 at 08:03
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Fitch Upgrades Three Sri Lanka Bank-Owned NBFIs Following Parent Rating Upgrades; Outlooks Stable
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The Scoop & Verified Narrative

Fitch Ratings has upgraded the National Long-Term Ratings of three Sri Lankan bank-supported non-bank financial institutions (NBFIs) following the upgrade of their parent banks' ratings. — People's Leasing and Finance PLC (PLC) has been upg.

Key Facts & Findings

  • —Fitch Ratings has upgraded the National Long-Term Ratings of three Sri Lankan bank-supported non-bank financial institutions (NBFIs) following the upgrade of their parent banks' ratings.
  • —— People's Leasing and Finance PLC (PLC) has been upgraded to 'AA-(lka)' from 'A(lka)'; Outlook Stable — Merchant Bank of Sri Lanka Finance PLC (MBSL) has been upgraded to [].
Why It Matters

Crucial for fiscal stability, CBSL monetary directives, market liquidity, and trade continuity.

What to Watch For

Further official announcements, regulatory updates, or judicial proceedings are tracked via Lanka Business Online.

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Fitch Upgrades Three Sri Lanka Bank-Owned NBFIs Following Parent Rating Upgrades; Outlooks Stable

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Reporting: Lanka Business Online • Synthesis & Multi-Source Indexing: Lanka Dispatch Wire Desk