Tag: Fitch rates Sampath Bank Basel III sub debt A(lka)(EXP)

Sampath-Bank-Sri-Lanka

Fitch rates Sampath Bank Basel III sub debt A(lka)(EXP)

Jan 12, 2018 (LBO) – Fitch Ratings has assigned Sampath Bank’s proposed Basel III compliant subordinated debentures an expected National Long-Term Rating of ‘A(lka)(EXP)’. The notes will total 7.5 billion rupees, mature in five years and carry fixed coupons. The notes include a non-viability clause and will qualify as regulatory Tier II capital for the bank. […]