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Fitch Affirms Ratings on 15 Sri Lankan Banks; Removes Watch Negative; CBL on Negative Outlook - Adaderana Biz English - Vimarsana News

Fitch Affirms Ratings on 15 Sri Lankan Banks; Removes Watch Negative; CBL on Negative Outlook - Adaderana Biz English

Fitch Ratings has affirmed Bank of Ceylon’s (BOC) Long-Term Local-Currency Issue Default Rating (IDR) at ‘CCC-‘ and removed it from Rating Watch Negative (RWN). The Outlook is Stable. At the same time, Fitch has affirmed the National Long-Term Ratings of the following banks, removed them from RWN and assigned Stable Outlooks: – BOC at ‘A(lka)’...

Sri Lanka's Bank of Ceylon downgraded to RD - Vimarsana News

Sri Lanka's Bank of Ceylon downgraded to RD

Fitch Ratings has downgraded the rating of Sri Lanka's Bank of Ceylon's foreign currency rating to 'Restricted Default' from 'CC'

Fitch Downgrades BOC's Foreign Currency IDRs to Restricted Default; Maintains National Rating at 'AA –(lka)'/RWN – Lanka Business Online - Vimarsana News

Fitch Downgrades BOC's Foreign Currency IDRs to Restricted Default; Maintains National Rating at 'AA –(lka)'/RWN – Lanka Business Online

Fitch Ratings has downgraded Bank of Ceylon's (BOC) Long- and Short-Term Foreign Currency (FC) Issuer Default Ratings (IDRs) to 'RD' (Restricted Default) from 'CC' and 'C', respectively. Fitch has also downgraded the Viability Rating (VR) to 'f' from 'cc', and removed the ratings from Rating Wat