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Fitch upgrades Bank of Ceylon's VR & Foreign-Currency IDR to 'cc'/'CC'

Fitch Ratings has upgraded Bank of Ceylon's (BOC) Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'CC' from 'RD' (Restricted Default). The rating does not carry an Outlook because of the high volatility at this rating level, in line with Fitch's rating definitions.



At the same time, Fi ....

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