"On the other hand, the ratings are tempered by the Bank’s moderate capitalisation."
The full statement is reproduced below
RAM Ratings Lanka reaffirms Sampath Bank’s ratings at AA/P1
RAM Ratings Lanka has reaffirmed Sampath Bank PLC’s (Sampath or the Bank) long- and short-term financial institution ratings at AA and P1 respectively; the long-term rating carries a stable outlook.
The ratings are supported by the Bank’s healthy asset quality and good market position. On the other hand, the ratings are tempered by the Bank’s moderate capitalisation.
Although a relatively new bank, with an operating history of approximately 25 years, Sampath has emerged as the country’s third-largest private-licensed commercial bank (LCB), accounting for 6.85% of the industry’s total assets as at end-December 2011. It i