Ratings
| Lanka Rating Withdraws the Debt Instrument Rating of Asia Asset Finance PLC LKR 600Mn Asset Backed Secured Trust Certificates Asia Asset Finance LKR 600mn Asset Backed Secured Trust Certificates | ||
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| 2024-10-29 |
| Lanka Rating Withdraws the Debt Instrument Rating of Asia Asset Finance PLC LKR 01Bn Asset Backed Secured Debenture (2) Asia Asset Finance LKR 01bn Asset Backed Secured Debenture (2) | ||
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| 2024-10-29 |
| LRA Withdraws the Debt Instrument Rating of Asia Asset Finance PLC LKR 01Bn Asset Backed Secured Debenture (1) Asia Asset Finance LKR 01bn Asset Backed Secured Debenture (1) | ||
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| 2024-10-29 |
| Lanka Rating withdraws the Entity Rating of Asia Asset Finance PLC Asia Asset Finance PLC | ||
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| 2024-10-29 |
| Lanka Rating withdraws Debt Instrument Rating of LOLC Holdings PLC - LKR 05Bn Listed Rated Senior Unsecured Redeemable Debentures LOLC Holdings PLC - LKR 05Bn Listed Rated Senior Unsecured Redeemable Debenture | ||
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| 2024-10-18 |
| Lanka Rating Assigns Initial Debt Instrument Rating to Guaranteed, Redeemable Zero Coupon 3 Year Debenture (Maximum LKR 01 Bn Face Value) of George Steuart & Company Limited. George Steuart & Company Ltd - Guaranteed Redeemable Zero Coupon 3 Year Debenture - Maximum LKR 01Bn Face Value | ||
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| 2024-10-11 |
| Lanka Rating Assigns Initial Entity Rating to Orient Finance PLC, With a "Positive" Outlook. Orient Finance PLC | ||
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| 2024-10-11 |
| LRA Assigns Initial Stability Rating to Ceylon Money Market Fund Ceylon Money Market Fund | ||
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| 2024-10-10 |
| Lanka Rating Assigns Entity Rating to People's Bank People's Bank | ||
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| 2024-09-06 |
| Lanka Rating Withdraws Instrument Rating of LOLC Finance PLC - LKR 06bn Asset Securitization LOLC Finance - LKR 06bn Asset Securitization | ||
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| 2024-09-03 |
| Lanka Rating Withdraws Instrument Rating of LOLC Finance PLC - LKR 2.5bn Unsecured Subordinated Redeemable Debentures LOLC Finance - LKR 2.5bn Listed Debentures | ||
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| 2024-09-03 |
| Lanka Rating Assigns Preliminary Instrument Rating to Bank of Ceylon - LKR 15bn Basel III Compliant, Tier 2, Listed, Rated, Unsecured, Subordinated, Redeemable 5-year Debentures Bank of Ceylon - LKR 15Bn Basel III compliant - Tier 2 Listed Rated Unsecured Subordinated Redeemable 5 year Debentures with Non-Viability Write-Down | ||
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| 2024-08-29 |
| Lanka Rating Assigns Initial Rating to Vallibel Finance PLC - LKR 3Bn Subordinated, Unsecured, Redeemable Debenture Vallibel Finance PLC - LKR 3Bn Subordinated - Unsecured - Redeemable Debenture | ||
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| 2024-08-20 |
| Lanka Rating withdraws the Entity Rating of Multi Finance PLC Multi Finance PLC | ||
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| 2024-08-19 |
| Lanka Rating Maintains Entity Rating of LOLC Finance PLC, Assigns "Positive" Outlook LOLC Finance PLC | ||
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| 2024-08-08 |
| Lanka Rating Maintains Instrument Rating of LOLC Finance PLC - LKR 05bn Unsecured Senior Redeemable Debentures, Assigns "Positive" Outlook LOLC Finance - LKR 05bn Listed Debentures (Maturity 2025) | ||
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| 2024-08-08 |
| LRA Assigns Initial Entity Rating to Laxapana PLC Laxapana PLC | ||
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| 2024-08-08 |
| Lanka Rating Assigns Initial Entity Rating to George Steuart Health (Private) Limited. George Steuart Health (Private) Limited | ||
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| 2024-08-02 |
| LRA Maintains Instrument Rating of Merchant Bank of Sri Lanka & Finance PLC -LKR 01bn Unsecured Subordinated Redeemable Debentures (2) Merchant Bank of Sri Lanka & Finance PLC LKR 01bn Unsecured Subordinated Debenture (2) | ||
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| 2024-08-01 |
| LRA Maintains Entity Rating of Merchant Bank of Sri Lanka & Finance PLC, outlook "Stable" Merchant Bank of Sri Lanka & Finance PLC | ||
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| 2024-08-01 |
| LRA Maintains Instrument Rating of Merchant Bank of Sri Lanka & Finance PLC LKR 01bn Unsecured Subordinated Redeemable Debentures (1) Merchant Bank of Sri Lanka & Finance PLC LKR 01bn Unsecured Subordinated Debenture (1) | ||
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| 2024-08-01 |
| LRA Maintains Instrument Rating to LOLC Holdings PLC -Commercial Paper - LKR 15 Bn LOLC Holdings PLC - Commercial Paper - LKR 15 Bn | ||
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| 2024-07-30 |
| LRA Maintains Instrument Rating to LOLC Holdings PLC - LKR 15bn Commercial Paper LOLC Holdings PLC - Commercial Paper -LKR 15Bn | ||
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| 2024-07-30 |
| LRA Withdraws the Preliminary Debt Instrument Rating of LOLC Holdings PLC – LKR8bln Listed, Rated, Senior, Unsecured, Redeemable Debenture LOLC Holdings PLC - LKR 08Bn Senior Unsecured Listed Rated Redeemable Debenture | ||
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| 2024-07-29 |
| LRA Maintains Instrument Rating to LOLC Holdings PLC - LKR 02Bn Listed Rated Senior Unsecured Redeemable Debentures LOLC Holdings PLC - LKR 02Bn Listed Rated Senior Unsecured Redeemable Debentures | ||
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| 2024-07-29 |
| LRA Maintains Instrument Rating to LOLC Holdings PLC - LKR 3bn Commercial Paper LOLC Holdings PLC - LKR 03Bn Commercial Paper Program | ||
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| 2024-07-29 |
| LRA Maintains Instrument Rating to LOLC Holdings PLC - LKR 10Bn Listed Rated Senior Unsecured Redeemable Debenture LOLC Holdings PLC - LKR 10Bn Listed Rated Senior Unsecured Redeemable Debenture | ||
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| 2024-07-29 |
| LRA Maintains Instrument Rating to LOLC Holdings PLC - Commercial Paper - LKR 6Bn LOLC Holdings PLC - Commercial Paper - LKR 6Bn | ||
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| 2024-07-29 |
| LRA Maintains Entity Rating of LOLC Holdings PLC LOLC Holdings PLC | ||
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| 2024-07-29 |
| LRA Withdraws the Entity Rating of Nawaloka Medicare (Pvt) Ltd Nawaloka Medicare (Pvt) Ltd | ||
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| 2024-07-26 |
| LRA Assigns Initial Entity Rating to Lakderana Investments Limited. Lakderana Investments LTD | ||
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| 2024-07-19 |
| LRA Assigns Preliminary Instrument Rating to Fixed Income Investment II (Pvt) Ltd – Trust 03 T Bond- Securitization - LKR 1,200Mn Fixed Income Investment II (Pvt) Ltd - Trust 3 T Bond- Securitization - LKR 1200Mn | ||
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| 2024-07-15 |
| LRA Assigns Initial Stability Rating to JB Vantage Money Market Fund JB Vantage Money Market Fund | ||
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| 2024-07-15 |
| LRA Assigns Initial Entity Rating to WealthTrust Securities Limited. WealthTrust Securities Limited | ||
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| 2024-07-08 |
| LRA Assigns Initial Entity Rating to Capital Alliance PLC. Capital Alliance PLC | ||
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| 2024-05-15 |
| LRA Maintains Entity Rating of Vallibel Finance PLC, Outlook improves to "Stable". Vallibel Finance PLC | ||
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| 2024-05-13 |
| LRA Places Debt Instrument Rating of Softlogic Capital PLC - LKR 1.5Bn Listed Senior Unsecured Redeemable Debenture on "Rating Watch", Assigns "Negative" Outlook Softlogic Capital PLC - LKR 1.5Bn Listed Senior Unsecured Redeemable Debenture | ||
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| 2024-05-08 |
| LRA Withdraws Entity Rating of Softlogic Capital PLC Softlogic Capital PLC | ||
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| 2024-05-08 |
| LRA Assigns Initial Entity Rating to Ceylon Waste Management Refinery Limited Ceylon Waste Management Refinery Limited | ||
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| 2024-05-07 |
| LRA Upgrades Entity Rating of Janashakthi Limited Janashakthi Limited | ||
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| 2024-05-03 |
| LRA Assigns Instrument Rating to Janashakthi Limited - LKR 1Bn Commercial Paper Janashakthi Limited - Commercial Paper - 01Bn | ||
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| 2024-05-03 |
| LRA Maintains Entity Rating of First Capital Treasuries PLC | Assigns Positive Outlook First Capital Treasuries PLC | ||
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| 2024-05-02 |
| LRA Maintains Entity Rating of First Capital Holdings PLC | Assigns Positive Outlook First Capital Holdings PLC | ||
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| 2024-05-02 |
| LRA Maintains Instrument Rating of First Capital Holdings - LKR 2.5Bn Commercial Papers | Assigns Positive Outlook First Capital Holdings - LKR 2.5Bn - Commercial Papers | ||
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| 2024-05-02 |
| LRA Maintains Instrument Rating of First Capital Holdings - LKR 2Bn Senior Unsecured Redeemable Debentures | Assigns Positive Outlook First Capital Holdings - LKR 2Bn Senior Unsecured Redeemable Debentures | ||
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| 2024-05-02 |
| LRA Maintains Instrument Rating of First Capital Treasuries PLC - LKR 750mn Subordinated Unsecured Redeemable Debentures | Assigns Positive Outlook First Capital Treasuries - LKR 750mn Subordinated Unsecured Redeemable Debentures | ||
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| 2024-05-02 |
| LRA Maintains Entity Rating of Alliance Finance Company PLC Alliance Finance Company PLC | ||
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| 2024-04-02 |
| LRA Assigns Initial Stability Rating to Ceybank Gilt Edged Fund (A Series) Ceybank Gilt Edge Fund | ||
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| 2024-03-25 |
| LRA Assigns Initial Stability Rating to Softlogic Money Market Fund. Softlogic Money Market Fund | ||
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| 2024-03-20 |
| LRA Assigns Initial Entity Rating to SMB Finance PLC. SMB Finance PLC | ||
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| 2024-03-19 |
| LRA Assigns Maintains Instrument Rating to Commercial Credit and Finance PLC - LKR 1.3Bn Guaranteed Debentures Commercial Credit and Finance PLC - LKR 1.3bn Guaranteed Debenture | ||
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| 2024-02-26 |
| LRA Maintains Entity Ratings to Commercial Credit and Finance PLC, outlook "Positive" Commercial Credit and Finance PLC | ||
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| 2024-02-26 |
| LRA Withdraws the Entity Rating of Orient Finance PLC Orient Finance PLC | ||
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| 2024-02-23 |
| LRA Withdraws the Entity Rating of Litro Gas Lanka Limited Litro Gas Lanka | ||
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| 2024-02-22 |
| LRA Assigns Initial Entity Rating to the Regional Development Bank Regional Development Bank | ||
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| 2024-01-17 |
| LRA Withdraws Stability Rating of NAMAL High Yield Fund NAMAL High Yield Fund | ||
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| 2024-01-10 |
| National Savings Bank – Senior Redeemable Debentures | LKR 11.541 bn National Savings Bank – Senior Redeemable Debentures | LKR 11.541 bn | ||
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| 2024-01-05 |
| National Savings Bank – Senior Redeemable Debentures | LKR 6.323 bn National Savings Bank – Senior Redeemable Debentures | LKR 6.323 bn | ||
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| 2024-01-05 |
| National Savings Bank – Additional Tier 1 Perpetual Bond | LKR 5 Bn National Savings Bank - Additional Tier 1 Perpetual Bonds | LKR 5Bn | ||
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| 2024-01-05 |
| LRA Maintains Entity Rating of National Savings Bank National Savings Bank | ||
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| 2024-01-05 |
| LRA Maintains Entity Rating to CIC Holdings PLC CIC Holdings PLC | ||
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| 2023-12-12 |
| LRA Assigns Initial Entity Rating to E.B. Creasy & Co PLC EB Creasy & Co PLC | ||
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| 2023-11-29 |
| LRA Assigns Preliminary Instrument Rating to Fixed Income Investment II (Pvt) Ltd – Trust 02 - LKR 2,975,810,218 T Bond Securitization Fixed Income Investment II (Pvt) Ltd - Trust 2 - T Bond Securitization - LKR 03Bn | ||
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| 2023-11-29 |
| LRA Assigns Initial Rating to State Mortgage and Investment Bank State Mortgage & Investment Bank | ||
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| 2023-11-20 |
| LRA Assigns Initial Rating to Assetline Finance Limited Assetline Finance Limited | ||
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| 2023-11-02 |
| LRA Maintains Entity Rating of Sarvodaya Development Finance PLC Sarvodaya Development Finance PLC | ||
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| 2023-10-02 |
| LRA Assigns Preliminary Instrument Rating to Fixed Income Investment III (Pvt) Ltd's LKR 5,052,163,273.76 T Bond Securitization Fixed Income Investment III (Pvt) Ltd - TBond securitization LKR 5.052Bn | ||
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| 2023-08-25 |
| LRA Assigns Initial Instrument Rating to Sanasa Life Insurance Company PLC - LKR 200mn Senior Unsecured Redeemable Debentures Sanasa Life Insurance Company PLC - LKR 200mn Senior Unsecured Debenture | ||
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| 2023-08-07 |
| LRA Assigns Initial Entity Rating to Sanasa Life Insurance Company PLC Sanasa Life Insurance Company PLC | ||
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| 2023-08-07 |
| LRA Assigns Initial Rating to Associated Motor Finance Company PLC Associated Motor Finance Company PLC | ||
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| 2023-07-17 |
| LRA Assigns Preliminary Instrument Rating to Fixed Income Investment II (Pvt) Ltd's LKR 2.758Bn T Bond Securitization Fixed Income Investment II (Private) Limited - LKR 2.7Bn T Bond Securitization | ||
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| 2023-06-28 |
| LRA Assigns Preliminary Instrument Rating to Fixed Income Investment 1 (Pvt) Ltd's LKR 5.75Bn T Bond Securitization Fixed Income Investment 1 (Private) Limited - LKR 5.75Bn T Bond Securitization | ||
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| 2023-06-28 |
| LRA Assigns Preliminary Instrument Rating to CAL Property Fund (Pvt) Ltd - LKR 6Bn T Bond Securitization Fixed Income Investment V (Pvt) Ltd - LKR 06Bn T Bond Securitization | ||
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| 2023-06-28 |
| LRA Assigns Initial Entity Rating to Lanka Credit & Business Finance PLC with Rating Watch and "Positive" Outlook Lanka Credit and Business Finance PLC | ||
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| 2023-06-06 |
| LRA Assigns Initial Rating to PMF Finance PLC PMF Finance PLC | ||
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| 2023-03-01 |
About LRA
Lanka Rating Agency Limited (LRA) is a domestic credit rating agency registered under the Securities and Exchange Commission Act No. 19 of 2021 and the Gazette Extraordinary bearing Number 2271/09 dated 15th March 2022.
LRA was registered in March 2021 as a credit rating agency in Sri Lanka from the Securities and Exchange commission of Sri Lanka.
With the entrance of Our foreign partner Pakistan Credit Rating Agency (PACRA) as a shareholder and also as the provider of technical assistance for ratings, it’s become a major strength to our local shareholders. The company reverted to its previous brand identity of Lanka Rating Agency (LRA) and continues as a domestic credit rating agency with global expertise similar to many other domestic rating agencies in Asia and Europe.
