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

Executive Intelligence Dispatch
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 [].
Crucial for fiscal stability, CBSL monetary directives, market liquidity, and trade continuity.
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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