Moderate default risk relative to other Sri Lankan issuers; adverse changes are more likely to affect timely repayment.
Rated since
2002
Current
BBB
Highest
BBB+
Lowest
BBB
BBB
Every rating action
Newest firstArrows show notches moved
AUG 05, 2025AffirmedFitch · StableBBB(lka)
JAN 24, 2025AffirmedFitch · StableBBB(lka)
AUG 14, 2024AffirmedFitch · StableBBB(lka)
OCT 16, 2023DowngradedFitch · Stable1BBB(lka)
OCT 20, 2022Watch keptFitch · Watch negativeBBB+(lka)
APR 26, 2022Put on watchFitch · Watch negativeBBB+(lka)
SEP 01, 2021AffirmedFitch · StableBBB+(lka)
SEP 11, 2020AffirmedFitch · StableBBB+(lka)
JUN 10, 2020AffirmedFitch · StableBBB+(lka)
OCT 11, 2019ReviewedFitch · StableBBB+(lka)
JUL 01, 2019AffirmedFitch · StableBBB+(lka)
JUL 17, 2018AffirmedFitch · StableBBB+(lka)
JUL 21, 2017AffirmedFitch · StableBBB+(lka)
AUG 01, 2016AffirmedFitch · StableBBB+(lka)
AUG 11, 2015AffirmedFitch · StableBBB+(lka)
SEP 16, 2014AffirmedFitch · StableBBB+(lka)
NOV 14, 2013AffirmedFitch · StableBBB+(lka)
NOV 13, 2012AffirmedFitch · StableBBB+(lka)
NOV 28, 2011AffirmedFitch · StableBBB+(lka)
MAR 21, 2011AffirmedFitch · StableBBB+(lka)
DEC 10, 2010AffirmedFitch · StableBBB+(lka)
NOV 26, 2009AffirmedFitch · StableBBB+(lka)
NOV 03, 2008AffirmedFitch · StableBBB+(lka)
NOV 19, 2007AffirmedFitch · StableBBB+(lka)
AUG 30, 2006AffirmedFitch · StableBBB+(lka)
APR 11, 2005AffirmedFitch · StableBBB+(lka)
DEC 29, 2003UpgradedFitch · Stable1BBB+(lka)
DEC 12, 2002AffirmedFitch · StableBBB(lka)
FEB 07, 2002New ratingFitch · StableBBB(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
