‘’Fitch upgrades ComBank to ‘AA(lka),’ reaffirming its position as Sri Lanka’s highest-rated private bank’’
Executive Intelligence Dispatch
Fitch Ratings has upgraded Commercial Bank of Ceylon PLC’s National Long-Term Rating to ‘AA(lka)’ from ‘AA-(lka),’ effective 30th October 2026, reinforcing the Bank’s position as Sri Lanka’s benchmark private-sector lender and highlighting.
Key Facts & Findings
- —Fitch Ratings has upgraded Commercial Bank of Ceylon PLC’s National Long-Term Rating to ‘AA(lka)’ from ‘AA-(lka),’ effective 30th October 2026, reinforcing the Bank’s position as Sri Lanka’s benchmark private-sector lender and highlighting its enduring financial strength.
- —The upgrade follows Fitch’s recalibration of Sri Lanka’s national rating low credit scale after the sovereign rating upgrade in [].
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‘’Fitch upgrades ComBank to ‘AA(lka),’ reaffirming its position as Sri Lanka’s highest-rated private bank’’
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