HSBC had capital of 23.8 percent of risk weighted assets.
The full statement is reproduced below:-
Fitch Affirms HSBC Sri Lanka Branch at 'AAA(lka)'; Outlook Stable
Fitch Ratings-Colombo-27 March 2014: Fitch Ratings Lanka has affirmed HSBC Sri Lanka Branch's (HSBCSL) National Long-Term Rating at 'AAA(lka)'.The Outlook is Stable.
KEY RATING DRIVERS - NATIONAL RATINGS
HSBCSL's rating is at the highest end of the National Rating scale and reflects the credit profile and financial strength of The Hongkong & Shanghai Banking Corporation Limited (HKSB; Long-Term Issuer Default Rating (IDR): 'AA'-/Stable).
The rating is tied to HKSB's IDR because of HSBCSL's legal status as a branch of HKSB and hence is an extension of the same legal entity as HKSB. HKSB's rating