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Fitch Downgrades Singer Finance to 'BBB(lka)'; Outlook Stable 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 downgraded Singer Finance (Lanka) PLC's (SFL) National Long-Term Rating to 'A-(lka)' from 'A(lka)' and placed the rating on Rating Watch Negative (RWN). We have also placed the National Long-Term Ratings of three other Fitch-rated Sri Lankan finance and leasing companies (FLCs) - A ....
Fitch Ratings has downgraded Singer Finance and put four other finance companies on rating watch negative as interest rates went up and the rupee fell. ....