Tag: finance and insurance companies
Fitch downgrades ratings of state banks, finance and insurance companies
Mar 02, 2016 (LBO) – Fitch Ratings has downgraded the Issuer Default Ratings of two state banks and one finance company, a statement said. Accordingly, Bank of Ceylon and National Savings Bank has been downgraded to ‘B+’ from ‘BB-‘ and People’s Leasing & Finance to ‘B’ from ‘B+’. The ratings of DFCC Bank were affirmed […]
