Fitch Upgrades Three Sri Lanka Bank-Owned NBFIs Following Parent Rating Upgrades; Outlooks Stable

Fitch Ratings has upgraded the National Long-Term Ratings of three Sri Lankan bank-supported non-bank financial institutions (NBFIs) following the upgrade of their parent banks’ ratings. — People’s Leasing and Finance PLC (PLC) has been upgraded to ‘AA-(lka)’ from ‘A(lka)’; Outlook Stable — Merchant Bank of Sri Lanka & Finance PLC (MBSL) has been upgraded to […]