Updated
Fitch Ratings recalibrates Sri Lanka’s national rating scale
From EconomyNext ·
Headline from EconomyNext
2 outlets · 2 reports · latest EN 2English 2 · all privateOwners: all private.
Photo: EconomyNextAI summary · 1 min read
1 min readFrom 2 outlets- EconomyNext dates Fitch’s scale adjustment to 21 October 2026.
- EconomyNext reports a sovereign local-currency rating upgrade on 22 September, from CCC+ to B-/Stable.
- EconomyNext says rating changes could follow for some Sri Lankan issuers.
- EconomyNext says the national scale uses “(lka)” and is not comparable to Fitch’s international scale or other countries’ national scales.
Based on: EconomyNext, Ada DeranaWritten by AI from EconomyNext, 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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