DevelopingUpdated
Fitch Ratings recalibrates Sri Lanka’s National Rating scale
From Daily Mirror ·
Headline from Daily Mirror
3 outlets · 3 reports · latest EN 3English 3 · all privateOwners: all private.
Photo: Daily MirrorAI summary · 1 min read
1 min readFrom 3 outlets- Fitch announced the recalibration on 21 October 2026, according to EconomyNext.
- EconomyNext says the change follows Fitch’s 22 September upgrade of Sri Lanka’s sovereign local-currency rating from CCC+ to B-/Stable.
- Fitch says the recalibration may lead to rating revisions for some Sri Lankan issuers.
- Sri Lankan national ratings use the identifier “(lka)” and are not comparable with international or other countries’ national scales, according to EconomyNext.
Based on: EconomyNext, Daily Mirror, Ada DeranaWritten by AI from EconomyNext, Daily Mirror, Ada Deranathese outlets’ reports. Not reviewed by an editor. It can be wrong — the original reports are the authority. .
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Earlier coverage
Reports on the same subject from the months before this story.
- Lanka Business Online · Fitch Rates Merchant Bank of Sri Lanka’s Proposed Subordinated Debt ‘BBB+(EXP)(lka)’
- Lanka Business Online · Fitch Rates Sampath Bank’s Proposed Basel III Subordinated Debentures Final ‘A(lka)’
- Ada Derana (සිංහල) · IMF වෙතින් ශ්රී ලංකාවට ඉහළ ඇගයීමක්
- Hiru News · Cabinet approves new credit risk assessment methodology for financial institutions
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