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Fitch upgrades Bank of Ceylon's VR & Foreign-Currency IDR to 'cc'/'CC'

Fitch Ratings has upgraded Bank of Ceylon's (BOC) Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'CC' from 'RD' (Restricted Default). The rating does not carry an Outlook because of the high volatility at this rating level, in line with Fitch's rating definitions. At the same time, Fi
Sri Lanka Fitch Ratings Fitch Ratings Lanka Ltd National Long Fitch Inc Long Term Foreign Currency Issuer Default Rating

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Fitch downgrades Bank of Ceylon to 'CC' on sovereign downgrade; affirms Local-Currency IDR

Fitch Ratings has downgraded Bank of Ceylon's (BOC) Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'CC', from 'CCC'. The rating does not carry an Outlook because of the high volatility at this rating level, in line with Fitch's rating definitions. Fitch has also downgraded BOC's Viability
Sri Lanka Fitch Ratings Bank Rating Criteria Central Bank National Long Long Term Foreign Currency Issuer Default Rating

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