Fitch Ratings Lanka on Tuesday re-affirmed the SL AAA (Triple A) national rating assigned for National Savings Banks implied long-term unsecured senior debt.
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SLrnAAA long-term rating denotes a very low expectation of credit risk. The ratingrnindicates a very strong capacity for timely payment of financial commitments.
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rnThis capacity is not significantly vulnerable to foreseeable events.
NSBsrnrating reflects the low credit risk nature of the banks activities, staternownership and the explicit state guarantee on deposits.
rnNSBrnis the third largest bank in Sri Lanka in terms of assets, but commands arndominant position in the deposit mobilisation market.
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