Fitch Assigns Sampath Bank’s Subordinated Debt Final ‘A(lka)’

Oct 26,2015 (LBO) - Fitch Ratings has assigned Sri Lanka's Sampath Bank PLC's Base lI-compliant subordinated debentures of up to seven billion rupees , a final National Long-Term Rating of 'A(lka)'.
online pharmacy buy diflucan with best prices today in the USA



The final rating is the same as the expected rating assigned on 9 October 2015, and follows the receipt of documents conforming to information already received, the rating agency said.
buy albenza online https://www.cappskids.org/wp-content/uploads/2022/08/png/albenza.html no prescription pharmacy

The debentures will mature in five years and carry fixed and floating coupons. Sampath Bank plans to use the proceeds to strengthen its Tier 2 capital base and match the duration of the assets and liabilities in its long-term lending portfolio.
online pharmacy buy strattera with best prices today in the USA




buy prednisone online buy prednisone online no prescription
The debentures are to be listed on the Colombo Stock Exchange. Fitch Rating's rating drivers are given below :- KEY RATING DRIVERS The issue is rated one notch below Sampath Bank's National Long-Term Rating to reflect the subordination to senior unsecured creditors. Sampath Bank's rating reflects its lower capitalisation relative to that of its peers and relatively higher risk appetite, which offset benefits from the growth of its franchise.
online pharmacy buy cymbalta with best prices today in the USA


online pharmacy buy abilify with best prices today in the USA

The Outlook is Stable. RATING SENSITIVITIES The rating on the proposed debentures will move in tandem with Sampath Bank's National Long- Term Ratings. Fitch views the upside potential of Sampath Bank's ratings as limited as long as the trend of higher risk-taking and declining capitalisation persists.
online pharmacy buy ciprodex with best prices today in the USA


online pharmacy buy spiriva inhaler with best prices today in the USA




online pharmacy buy robaxin with best prices today in the USA


buy stendra online https://www.cappskids.org/wp-content/uploads/2022/08/png/stendra.html no prescription pharmacy

A sharp decline in its asset quality could result in a rating downgrade.

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
Top
0
Would love your thoughts, please comment.x
()
x