Very low default risk compared with other Sri Lankan issuers; only slightly weaker than AAA.
Rated since
2002
Current
AA-
Highest
AA+
Lowest
A
AA-
Every rating action
Newest firstArrows show notches moved
JUL 31, 2026AffirmedFitch · StableAA-(lka)
SEP 08, 2025ReviewedFitch · StableAA-(lka)
JAN 21, 2025UpgradedFitch · Stable2AA-(lka)
JUN 06, 2024AffirmedFitch · StableA(lka)
OCT 05, 2023AffirmedFitch · StableA(lka)
JUN 13, 2023Watch keptFitch · Watch negativeA(lka)
JAN 12, 2023DowngradedFitch · Watch negative2A(lka)
JUN 24, 2022Watch keptFitch · Watch negativeAA-(lka)
APR 12, 2022Put on watchFitch · Watch negativeAA-(lka)
JUL 16, 2021AffirmedFitch · StableAA-(lka)
JAN 25, 2021DowngradedFitch · Stable2AA-(lka)
JUL 27, 2020AffirmedFitch · NegativeAA+(lka)
JUN 10, 2020AffirmedFitch · NegativeAA+(lka)
JAN 22, 2020AffirmedFitch · NegativeAA+(lka)
SEP 02, 2019AffirmedFitch · StableAA+(lka)
SEP 28, 2018AffirmedFitch · StableAA+(lka)
DEC 21, 2017AffirmedFitch · StableAA+(lka)
JAN 11, 2017AffirmedFitch · StableAA+(lka)
JUN 22, 2016AffirmedFitch · StableAA+(lka)
JUL 08, 2015AffirmedFitch · StableAA+(lka)
JUL 17, 2014AffirmedFitch · StableAA+(lka)
MAR 25, 2014AffirmedFitch · StableAA+(lka)
MAR 28, 2013AffirmedFitch · StableAA+(lka)
APR 17, 2012AffirmedFitch · StableAA+(lka)
OCT 14, 2011UpgradedFitch · Stable1AA+(lka)
JUL 08, 2011AffirmedFitch · PositiveAA(lka)
OCT 11, 2010Outlook changedFitch · PositiveAA(lka)
JUL 13, 2009AffirmedFitch · StableAA(lka)
OCT 17, 2008AffirmedFitch · StableAA(lka)
SEP 12, 2008AffirmedFitch · StableAA(lka)
OCT 19, 2007AffirmedFitch · StableAA(lka)
DEC 12, 2006AffirmedFitch · StableAA(lka)
AUG 05, 2005AffirmedFitch · StableAA(lka)
APR 14, 2004UpgradedFitch · Stable1AA(lka)
JUL 08, 2002New ratingFitch · StableAA-(lka)
Fitch history comes from Fitch’s own records and goes back to the first rating. Lanka Rating Agency’s public list starts in January 2024, so older LRA actions aren’t shown. All bank and finance company ratings
