Fitch Ratings has cut the outlook of Sri Lanka s Abans Plc, a consumer goods retailer to negative s from stable due to difficulties in importing after a forex shortages emerged from a broken soft-peg.
A total of 24 Sri Lankan companies were honoured for their excellent annual reporting and for also promoting transparency, accountability, and governance in financial reporting at the 25 th Best Presented Annual Report Awards of the South Asian Federation of Accountants (SAFA). The prestigious Sou
Fitch Ratings has downgraded Singer Finance (Lanka) PLC's (SFL) National Long-Term Rating to 'A(lka)' from 'A+(lka)'. The Outlook is Negative. The agency has also downgraded SFL's outstanding senior unsecured debt to 'A(lka)' from 'A+(lka)', and its outstanding subordinated unsecured debentures to '
Pressure on Sri Lankan Corporate Ratings from Finance Subsidiaries Growth: Fitch Ratings – Lanka Business Online lankabusinessonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lankabusinessonline.com Daily Mail and Mail on Sunday newspapers.
Fitch Ratings has assigned Singer Finance (Lanka) PLC's (SFL, A+(lka)/Stable) Sri Lanka rupee-denominated subordinated unsecured debentures a final national long-term rating of 'A-(lka)'. The assignment of the final rating follows the receipt of documents conforming to information previously rec