Fitch affirms five small & mid-sized Sri Lankan banks; revises Amana outlook

June 28, 2018 (LBO) – Fitch Ratings Lanka has revised the outlook on Amana Bank to Positive from stable and has affirmed its National Long-Term Rating at ‘BB(lka)’.

The agency has also affirmed the National Long-Term Rating of Union Bank of Colombo with a positive outlook and the National Long-Term Ratings of Nations Trust Bank, Pan Asia Banking Corporation and SANASA Development Bank with a stable outlook.

Fitch Revises Amana Outlook to Positive_ Affirms Five Small and Mid-Sized Sri Lankan Banks June 2018