May 24, 2019 (LBO) – Fitch Ratings Lanka has upgraded the National Long-Term Ratings of Union Bank of Colombo to 'BBB-(lka)' from 'BB+(lka)' and of Cargills Bank to 'A-(lka)' from 'BB(lka)' with stable outlooks.
The agency has also affirmed the National Long-Term Ratings of Amana Bank, Nations Trust Bank, Pan Asia Banking Corporation, SANASA Development Bank and Housing Development Finance Corporation Bank of Sri Lanka.
Full list of rating actions:
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