Moderate default risk relative to other Sri Lankan issuers; adverse changes are more likely to affect timely repayment.
Rated since
2006
Current
BBB+
Highest
A+
Lowest
BBB-
BBB+
Every rating action
Newest firstArrows show notches moved
JAN 24, 2025UpgradedFitch · Stable1BBB+(lka)
MAR 07, 2024AffirmedFitch · StableBBB(lka)
DEC 07, 2023DowngradedFitch · Stable1BBB(lka)
OCT 13, 2023AffirmedFitch · NegativeBBB+(lka)
MAR 08, 2023DowngradedFitch · Watch negative1BBB+(lka)
NOV 21, 2022Watch keptFitch · Watch negativeA-(lka)
MAY 26, 2022DowngradedFitch · Watch negative1A-(lka)
MAR 14, 2022ReviewedFitch · NegativeA(lka)
JAN 31, 2022DowngradedFitch · Negative1A(lka)
FEB 05, 2021AffirmedFitch · StableA+(lka)
JAN 25, 2021Rating revisedFitch · Stable4A+(lka)
JUN 10, 2020AffirmedFitch · StableBBB(lka)
FEB 12, 2020AffirmedFitch · StableBBB(lka)
FEB 22, 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)
MAY 21, 2014DowngradedFitch · Stable1BBB(lka)
NOV 28, 2013AffirmedFitch · StableBBB+(lka)
NOV 29, 2012AffirmedFitch · StableBBB+(lka)
DEC 16, 2011AffirmedFitch · StableBBB+(lka)
DEC 16, 2010UpgradedFitch · Stable1BBB+(lka)
MAR 04, 2010UpgradedFitch · Stable1BBB(lka)
MAR 27, 2009DowngradedFitch · Stable1BBB-(lka)
JAN 31, 2008AffirmedFitch · StableBBB(lka)
MAR 27, 2007AffirmedFitch · StableBBB(lka)
FEB 02, 2006New 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
