Tag: Sri Lankan Banks' risks to persist despite regulatory measures: Fitch Ratings

Apr 08, 2020 (LBO) – Fitch Ratings believes that the extraordinary regulatory measures announced by the central bank – focusing on the relaxation of capital expectations and classification of loans for banks – should relieve immediate pressure on the banks’ financial profiles, but will not prevent medium-term deterioration. Statement from Fitch Ratings Fitch recently revised […]