Low default risk relative to other Sri Lankan issuers, but changing circumstances or economic conditions hurt more than at higher grades.
Rated since
2006
Current
A
Highest
AA-
Lowest
A-
A
Every rating action
Newest firstArrows show notches moved
JAN 24, 2025UpgradedFitch · Stable1A(lka)
OCT 04, 2024AffirmedFitch · StableA-(lka)
OCT 17, 2023AffirmedFitch · StableA-(lka)
JAN 19, 2023DowngradedFitch · Watch negative2A-(lka)
OCT 20, 2022Watch keptFitch · Watch negativeA+(lka)
APR 26, 2022Put on watchFitch · Watch negativeA+(lka)
SEP 01, 2021AffirmedFitch · StableA+(lka)
SEP 11, 2020AffirmedFitch · StableA+(lka)
JUN 10, 2020AffirmedFitch · StableA+(lka)
JAN 22, 2020DowngradedFitch · Stable1A+(lka)
OCT 11, 2019ReviewedFitch · StableAA-(lka)
JUL 01, 2019AffirmedFitch · StableAA-(lka)
JUL 17, 2018AffirmedFitch · StableAA-(lka)
JUL 21, 2017AffirmedFitch · StableAA-(lka)
AUG 01, 2016AffirmedFitch · StableAA-(lka)
AUG 11, 2015AffirmedFitch · StableAA-(lka)
SEP 16, 2014AffirmedFitch · StableAA-(lka)
SEP 17, 2013AffirmedFitch · StableAA-(lka)
NOV 23, 2012AffirmedFitch · StableAA-(lka)
JUL 05, 2012UpgradedFitch · Stable1AA-(lka)
JAN 06, 2012UpgradedFitch · Stable1A+(lka)
JAN 31, 2011AffirmedFitch · StableA(lka)
OCT 29, 2010UpgradedFitch · Stable1A(lka)
MAR 31, 2010AffirmedFitch · StableA-(lka)
JAN 26, 2010AffirmedFitch · StableA-(lka)
JUN 15, 2009AffirmedFitch · StableA-(lka)
MAR 13, 2009AffirmedFitch · StableA-(lka)
NOV 17, 2008AffirmedFitch · StableA-(lka)
JUL 03, 2008AffirmedFitch · StableA-(lka)
DEC 11, 2007AffirmedFitch · StableA-(lka)
SEP 13, 2006New ratingFitch · StableA-(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
