Ratings
| LRA Assigns Preliminary Instrument Rating to LOLC Holdings PLC - LKR 15bn Commercial Paper LOLC Holdings PLC - Commercial Paper - LKR 15 Bn | ||
|---|---|---|---|
| 2023-09-07 |
| 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 | ||
|---|---|---|---|
| 2023-08-25 |
| LRA Assigns Initial Entity Rating to Sanasa Life Insurance Company PLC Sanasa Life Insurance Company PLC | ||
|---|---|---|---|
| 2023-08-07 |
| 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 | ||
|---|---|---|---|
| 2023-08-07 |
| LRA Assigns Initial Rating to Associated Motor Finance Company PLC Associated Motor Finance Company PLC | ||
|---|---|---|---|
| 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 | ||
|---|---|---|---|
| 2023-06-28 |
| LRA Assigns Preliminary Instrument Rating to CAL Property Fund (Pvt) Ltd - LKR 6Bn T Bond Securitization CAL Property Fund (Pvt) Ltd - LKR 06Bn T Bond Securitization | ||
|---|---|---|---|
| 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 | ||
|---|---|---|---|
| 2023-06-28 |
| LRA Assigns 'Rating Watch' to First Capital Holdings PLC, Maintains Entity Rating First Capital Holdings PLC | ||
|---|---|---|---|
| 2023-06-27 |
| LRA Assigns 'Rating Watch' to First Capital Holdings PLC's Debt Instrument, Maintains Instrument Rating. First Capital Holdings - LKR 2Bn Senior Unsecured Redeemable Debentures | ||
|---|---|---|---|
| 2023-06-27 |
| LRA Assigns 'Rating Watch' to First Capital Treasuries PLC, Maintains Entity Rating First Capital Treasuries PLC | ||
|---|---|---|---|
| 2023-06-27 |
| LRA Assigns 'Rating Watch' to First Capital Treasuries PLC's Instrument, Maintains Instrument Rating. First Capital Treasuries - LKR 750mn Subordinated Unsecured Redeemable Debentures | ||
|---|---|---|---|
| 2023-06-27 |
| LRA Assigns 'Rating Watch' to First Capital Holdings PLC's Debt Instrument, Maintains Instrument Rating First Capital Holdings - LKR 2.5Bn - Commercial Papers | ||
|---|---|---|---|
| 2023-06-23 |
| LRA Assigns 'Rating Watch' to Janashakthi Limited, Maintains Entity Rating Janashakthi Limited | ||
|---|---|---|---|
| 2023-06-21 |
| LRA Assigns Initial Entity Rating to Lanka Credit & Business Finance PLC with Rating Watch and "Positive" Outlook Lanka Credit and Business Finance PLC | ||
|---|---|---|---|
| 2023-06-06 |
| LRA Assigns Initial Rating to Multi Finance PLC Multi Finance PLC | ||
|---|---|---|---|
| 2023-06-02 |
| LRA Assigns Initial Entity Rating to LOLC Holdings PLC LOLC Holdings PLC | ||
|---|---|---|---|
| 2023-05-12 |
| LRA Assigns Initial Instrument Rating to LOLC Holdings PLC - LKR 2bn Unlisted Senior Unsecured Redeemable Debentures LOLC Holdings PLC - LKR 02bn Senior Unsecured Unlisted Redeemable Debenture | ||
|---|---|---|---|
| 2023-05-12 |
| LRA Assigns Initial Instrument Rating to LOLC Holdings PLC - LKR 5bn Listed Senior Unsecured Redeemable Debentures LOLC Holdings PLC - LKR 05bn Listed Senior Unsecured Redeemable Debentures | ||
|---|---|---|---|
| 2023-05-12 |
| LRA Assigns Initial Instrument Rating to LOLC Holdings PLC - LKR 10bn Listed Senior Unsecured Redeemable Debentures LOLC Holdings PLC - LKR 10bn Listed Senior Redeemable Debentures | ||
|---|---|---|---|
| 2023-05-12 |
| LRA Assigns Initial Instrument Rating to LOLC Holdings PLC - LKR 3bn Commercial Paper Program LOLC Holdings PLC - LKR 03Bn Commercial Paper Program | ||
|---|---|---|---|
| 2023-05-12 |
| LRA Assigns Initial Instrument Rating to Softlogic Capital PLC - LKR 1.5bn Listed, Senior, Unsecured Redeemable Debentures Softlogic Capital PLC - LKR 1.5Bn Listed Senior Unsecured Redeemable Debenture | ||
|---|---|---|---|
| 2023-04-17 |
| LRA Assigns Initial Entity Rating to Softlogic Capital PLC Softlogic Capital PLC | ||
|---|---|---|---|
| 2023-04-17 |
| LRA Assigns Initial Instrument Rating to LOLC Finance PLC - LKR 2.5bn Unsecured Subordinated Redeemable Debentures LOLC Finance - LKR 2.5bn Listed Debentures (Maturity 2025) | ||
|---|---|---|---|
| 2023-03-16 |
| LRA Assigns Initial Instrument Rating to LOLC Finance PLC - LKR 06bn Asset Securitisation LOLC Finance - LKR 06bn Asset Securitization | ||
|---|---|---|---|
| 2023-03-16 |
| LRA Assigns Initial Instrument Rating to LOLC Finance PLC - LKR 05bn Unsecured Senior Redeemable Debentures LOLC Finance - LKR 05bn Listed Debentures (Maturity 2025) | ||
|---|---|---|---|
| 2023-03-16 |
| LRA Assigns Initial Rating to LOLC Finance PLC LOLC Finance PLC | ||
|---|---|---|---|
| 2023-03-16 |
| LRA Assigns Initial Rating to PMF Finance PLC PMF Finance PLC | ||
|---|---|---|---|
| 2023-03-01 |
| LRA Assigns Initial Entity Rating to Vallibel Finance PLC Vallibel Finance PLC | ||
|---|---|---|---|
| 2023-02-28 |
| LRA Assigns Initial Rating to Alliance Finance Company PLC Alliance Finance Company PLC | ||
|---|---|---|---|
| 2023-02-10 |
| LRA Assigns Initial Entity Ratings to Commercial Credit and Finance PLC Commercial Credit and Finance PLC | ||
|---|---|---|---|
| 2023-02-07 |
| LRA Assigns Initial Instrument Rating to Commercial Credit and Finance PLC - LKR 1.3bn Guaranteed Debentures Commercial Credit and Finance PLC - LKR 1.3bn Guaranteed Debenture | ||
|---|---|---|---|
| 2023-02-07 |
| LRA Assigns Preliminary Instrument Rating to Merchant Bank of Sri Lanka & Finance PLC - LKR 01bn Unsecured Subordinated Redeemable Debentures (2) - TBI Merchant Bank of Sri Lanka & Finance PLC LKR 01bn Unsecured Subordinated Debenture (2) | ||
|---|---|---|---|
| 2023-02-02 |
| LRA Assigns Initial Rating to Merchant Bank of Sri Lanka & Finance PLC Merchant Bank of Sri Lanka & Finance PLC | ||
|---|---|---|---|
| 2023-02-01 |
| LRA Assigns Initial Instrument Rating to 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) | ||
|---|---|---|---|
| 2023-02-01 |
| LRA Assigns Initial Entity Rating to Asia Asset Finance PLC Asia Asset Finance PLC | ||
|---|---|---|---|
| 2023-01-27 |
| LRA Assigns Initial Instrument Rating to Asia Asset Finance PLC LKR 600mn Asset Backed Secured Trust Certificates Asia Asset Finance LKR 600mn Asset Backed Secured Trust Certificates | ||
|---|---|---|---|
| 2023-01-27 |
| LRA Assigns Initial Instrument Rating to Asia Asset Finance PLC LKR 01Bn Asset Backed Secured Debenture (2) Asia Asset Finance LKR 01bn Asset Backed Secured Debenture (2) | ||
|---|---|---|---|
| 2023-01-27 |
| LRA Assigns Instrument Entity Rating to Asia Asset Finance PLC LKR 01Bn Asset Backed Secured Debenture (1) Asia Asset Finance LKR 01bn Asset Backed Secured Debenture (1) | ||
|---|---|---|---|
| 2023-01-27 |
| LRA Assigns Initial Entity Rating to Nawaloka Medicare (Pvt) Ltd Nawaloka Medicare (Pvt) Ltd | ||
|---|---|---|---|
| 2023-01-24 |
| LRA Assigns Initial Instrument Rating to National Savings Bank - LKR 5Bn Additional Tier 1 Perpetual Bond. National Savings Bank - Additional Tier 1 Perpetual Bonds | LKR 5Bn | ||
|---|---|---|---|
| 2022-12-30 |
| LRA Assigns Initial Rating to National Savings Bank National Savings Bank | ||
|---|---|---|---|
| 2022-12-30 |
| LRA Assigns Initial Instrument Rating to National Savings Bank - LKR 6.323bn Senior Unsecured Redeemable Debentures National Savings Bank – Senior Redeemable Debentures | LKR 6.323 bn | ||
|---|---|---|---|
| 2022-12-30 |
| LRA Assigns Initial Instrument Rating to National Savings Bank - LKR 11.541Bn Senior Unsecured Redeemable Debentures National Savings Bank – Senior Redeemable Debentures | LKR 11.541 bn | ||
|---|---|---|---|
| 2022-12-30 |
| LRA Assigns Initial Entity Rating to CIC Holdings PLC CIC Holdings PLC | ||
|---|---|---|---|
| 2022-12-20 |
| LRA Assigns Initial Entity Rating to Sarvodaya Development Finance PLC Sarvodaya Development Finance PLC | ||
|---|---|---|---|
| 2022-09-21 |
| LRA Maintains the Entity Ratings of Litro Gas Lanka Limited Litro Gas Lanka | ||
|---|---|---|---|
| 2022-05-09 |
| LRA Assigns Initial Stability Rating to NAMAL High Yield Fund NAMAL High Yield Fund | ||
|---|---|---|---|
| 2022-03-18 |
| LRA Assigns Initial Ratings to Orient Finance PLC Orient Finance PLC | ||
|---|---|---|---|
| 2021-12-30 |
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.
