Fitch rates Commercial Bank subordinated debentures final AA-(lka)

Fitch Ratings Lanka has assigned Commercial Bank of Ceylon PLC’s (CB; AA(lka)/Stable) proposed Basel II-compliant subordinated debentures of up to LKR7bn a final National Long-Term Rating of ‘AA-(lka)’. The final rating is the same as the expected rating assigned on 3 August 2016, and follows the receipt of documents conforming to information already received. The […]