Ratings
| Lanka Rating Maintains Entity Rating of Laxapana PLC Laxapana PLC | ||
|---|---|---|---|
| 2025-07-11 |
| Lanka Rating Assigns Preliminary Debt Instrument Rating of First Capital Holdings PLC - Listed, rated, senior , unsecured, redeemable debenture - LKR 3Bn - 5 years First Capital Holdings PLC - Listed, rated, senior, unsecured, redeemable debenture - LKR 3Bn - 5 years | ||
|---|---|---|---|
| 2025-07-11 |
| Lanka Rating downgrades IFS Rating of Sanasa Life Insurance Company PLC, Outlook "Negative" Sanasa Life Insurance Company PLC | ||
|---|---|---|---|
| 2025-07-03 |
| LRA Downgrades Instrument Rating Sanasa Life Insurance Company PLC - LKR 200mn Senior Unsecured Redeemable Debentures with "Negative Outlook" Sanasa Life Insurance Company PLC - LKR 200mn Senior Unsecured Debenture | ||
|---|---|---|---|
| 2025-07-03 |
| Lanka Rating Maintains Entity Rating of SMB Finance PLC SMB Finance PLC | ||
|---|---|---|---|
| 2025-07-01 |
| Lanka Rating Maintains the Entity Rating of WealthTrust Securities Limited with "Positive" Outlook WealthTrust Securities Limited | ||
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| 2025-06-25 |
| Lanka Rating Assigns Preliminary Rating to Janashakthi Finance PLC- Asset Backed Securitization- Gold Loans Janashakthi Finance PLC – Asset Backed Securitization – Gold Loans | ||
|---|---|---|---|
| 2025-06-25 |
| Lanka Rating Maintains Entity Rating of State Mortgage & Investment Bank, assigns "Rating Watch" State Mortgage & Investment Bank | ||
|---|---|---|---|
| 2025-06-20 |
| Lanka Rating assigns Preliminary Debt Instrument Rating to Associated Motor Finance Company PLC - Tier 2 - High Yield Bonds Associated Motor Finance Company PLC - Tier 2 - Listed, Rated, Unsecured, Subordinated, Redeemable High Yield Bonds | ||
|---|---|---|---|
| 2025-06-12 |
| Lanka Rating Assigns Debt Instrument Rating to SDF's Listed, Rated, Unsecured, Subordinated, Redeemable, Sustainable High Yield bonds SDF-Tier II Listed Rated Unsecured Subordinated Redeemable High Yield Sustainable Bonds | ||
|---|---|---|---|
| 2025-06-12 |
| Lanka Rating Upgrades Debt Instrument Rating of Alliance Finance Company PLC - Green Bond Alliance Finance Company PLC - Green Bond | ||
|---|---|---|---|
| 2025-06-06 |
| Lanka Rating Maintains Debt Instrument Rating of First Capital Holdings - LKR 2.5Bn - Commercial Papers First Capital Holdings - LKR 2.5Bn - Commercial Papers | ||
|---|---|---|---|
| 2025-06-05 |
| Lanka Rating Upgrades Debt Instrument Rating of First Capital Holdings - LKR 2Bn Senior Unsecured Redeemable Debentures First Capital Holdings - LKR 2Bn Senior Unsecured Redeemable Debentures | ||
|---|---|---|---|
| 2025-06-05 |
| Lanka Rating Upgrades the Entity Rating of First Capital Holdings PLC First Capital Holdings PLC | ||
|---|---|---|---|
| 2025-06-05 |
| Lanka Rating Assigns Preliminary Debt Instrument Rating to Fixed Income Investment I (Pvt) Ltd – Trust 10 Fixed Income Investment 1 (Pvt) Ltd - Trust 10 | ||
|---|---|---|---|
| 2025-05-30 |
| Lanka Rating Assigns Preliminary Debt Instrument Rating to Alliance Finance PLC's Social Bonds Alliance Finance Co PLC – Listed, Rated, Unsecured, Senior Social Bonds - 5 years | ||
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| 2025-05-09 |
| Lanka Rating Upgrades Entity Rating of Alliance Finance Company PLC Alliance Finance Company PLC | ||
|---|---|---|---|
| 2025-05-03 |
| LRA Maintains Entity Rating of Regional Development Bank Regional Development Bank | ||
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| 2025-05-02 |
| Lanka Rating Upgrades Stability Rating of Ceybank Gilt Edged Fund (A Series) Ceybank Gilt Edged Fund | ||
|---|---|---|---|
| 2025-04-24 |
| Lanka Rating Maintains Entity Rating of Commercial Credit and Finance PLC, assigns Rating Watch Commercial Credit and Finance PLC | ||
|---|---|---|---|
| 2025-04-23 |
| Lanka Rating Upgrades Instrument Rating of Commercial Credit and Finance PLC - LKR 1.3bn Guaranteed Debenture Commercial Credit and Finance PLC - LKR 1.3bn Guaranteed Debenture | ||
|---|---|---|---|
| 2025-04-23 |
| Lanka Rating Upgrades Entity Rating of Assetline Finance Limited Assetline Finance Limited | ||
|---|---|---|---|
| 2025-04-17 |
| Lanka Rating Upgrades Entity Rating of Sarvodaya Development Finance PLC Sarvodaya Development Finance PLC | ||
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| 2025-04-11 |
| Lanka Rating Upgrades Entity Rating of Lanka Credit and Business Finance PLC Lanka Credit and Business Finance PLC | ||
|---|---|---|---|
| 2025-03-11 |
| Lanka Rating Withdraws Debt Instrument Rating of First Capital Treasuries - LKR 750mn Subordinated Unsecured Redeemable Debentures First Capital Treasuries - LKR 750mn Subordinated Unsecured Redeemable Debentures | ||
|---|---|---|---|
| 2025-03-05 |
| Lanka Rating Upgrades the Entity Rating of First Capital Treasuries PLC First Capital Treasuries PLC | ||
|---|---|---|---|
| 2025-03-05 |
| Lanka Rating Assigns Initial Rating to First Capital Treasuries PLC - Listed, Rated, Subordinated, Unsecured, Redeemable Debenture up to LKR 3Bn First Capital Treasuries PLC - Listed , Rated , Subordinated, Unsecured, Redeemable Debenture up to 3 Bn - Tenure 5 years | ||
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| 2025-03-05 |
| Lanka Rating Upgrades Entity Rating of Associated Motor Finance Company PLC Associated Motor Finance Company PLC | ||
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| 2025-02-19 |
| Lanka Rating assigns Initial Entity Rating to Sejaya Micro Credit Limited Sejaya Micro Credit Limited | ||
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| 2025-02-17 |
| Lanka Rating Assigns Initial Entity Rating to Amana Bank PLC Amana Bank PLC | ||
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| 2025-02-11 |
| LRA Assigns Initial Fund Stability Rating to CAL Five Year Closed-end Fund CAL Five Year Closed End Fund | ||
|---|---|---|---|
| 2025-02-03 |
| Lanka Rating Withdraws the Debt Instrument Rating of Softlogic Capital PLC - LKR 1.5Bn Listed Senior Unsecured Redeemable Debenture Softlogic Capital PLC - LKR 1.5Bn Listed Senior Unsecured Redeemable Debenture | ||
|---|---|---|---|
| 2025-01-28 |
| LRA Assigns Preliminary Debt Instrument Rating to Fixed Income Investment I (Pvt) Ltd – Trust 09 Fixed Income Investment I (Pvt) Ltd - Trust 09 | ||
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| 2025-01-08 |
| LRA Assigns Preliminary Debt Instrument Rating to Fixed Income Investment I (Pvt) Ltd – Trust 08 Fixed Income Investment I (Pvt) Ltd - Trust 8 | ||
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| 2025-01-08 |
| LRA Assigns Preliminary Debt Instrument Rating to Fixed Income Investment II (Pvt) Ltd – Trust 09 Fixed Income Investment II (Pvt) Ltd - Trust 9 | ||
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| 2025-01-08 |
| Lanka Rating Maintains Entity Rating of National Savings Bank National Savings Bank | ||
|---|---|---|---|
| 2024-12-31 |
| Lanka Rating Maintains Instrument Rating of National Savings Bank - Additional Tier 1 Perpetual Bonds | LKR 5Bn National Savings Bank - Additional Tier 1 Perpetual Bonds | LKR 5Bn | ||
|---|---|---|---|
| 2024-12-31 |
| Lanka Rating Maintains Instrument Rating of National Savings Bank – Senior Redeemable Debentures | LKR 11.541 bn National Savings Bank – Senior Redeemable Debentures | LKR 11.541 bn | ||
|---|---|---|---|
| 2024-12-31 |
| Lanka Rating withdraws Debt Instrument Rating of National Savings Bank – Senior Redeemable Debentures | LKR 6.323 bn National Savings Bank – Senior Redeemable Debentures | LKR 6.323 bn | ||
|---|---|---|---|
| 2024-12-31 |
| LRA Assigns Preliminary Debt Instrument Rating to Fixed Income Investment I (Pvt) Ltd – Trust 07 Fixed Income Investment I (Pvt) Ltd - Trust 7 | ||
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| 2024-12-26 |
| LRA Assigns Preliminary Debt Instrument Rating to Fixed Income Investment I (Pvt) Ltd – Trust 05 Fixed Income Investment I (Pvt) Ltd - Trust 5 | ||
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| 2024-12-26 |
| LRA Assigns Preliminary Debt Instrument Rating to Fixed Income Investment I (Pvt) Ltd – Trust 06 Fixed Income Investment I (Pvt) Ltd - Trust 6 | ||
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| 2024-12-26 |
| LRA Assigns Preliminary Debt Instrument Rating to Fixed Income Investment II (Pvt) Ltd – Trust 07 Fixed Income Investment II (Pvt) Ltd - Trust 7 | ||
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| 2024-12-26 |
| LRA Assigns Preliminary Debt Instrument Rating to Fixed Income Investment II (Pvt) Ltd – Trust 08 Fixed Income Investment II (Pvt) Ltd - Trust 8 | ||
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| 2024-12-26 |
| LRA Assigns Preliminary Debt Instrument Rating to Fixed Income Investment II (Pvt) Ltd – Trust 06 Fixed Income Investment II (Pvt) Ltd -Trust 6 | ||
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| 2024-12-26 |
| Lanka Raing assigns Initial Entity Rating to Asiri Hospital Holdings PLC Asiri Hospital Holdings PLC | ||
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| 2024-12-19 |
| Lanka Rating withdraws the Entity Rating of CIC Holdings PLC CIC Holdings PLC | ||
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| 2024-12-16 |
| LRA Assigns Preliminary Debt Instrument Rating to Fixed Income Investment III (Pvt) Ltd – Trust 04 Fixed Income Investment III (Pvt) Ltd Trust 04 | ||
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| 2024-12-12 |
| LRA Assigns Preliminary Debt Instrument Rating to Fixed Income Investment I (Pvt) Ltd – Trust 03 Fixed Income Investment I (Pvt) Ltd Trust 3 | ||
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| 2024-12-12 |
| LRA Assigns Preliminary Debt Instrument Rating to Fixed Income Investment II (Pvt) Ltd – Trust 04 Fixed Income Investment II (Pvt) Ltd Trust 4 | ||
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| 2024-12-12 |
| LRA Assigns Preliminary Debt Instrument Rating to Fixed Income Investment III (Pvt) Ltd – Trust 03 Fixed Income Investment III (Pvt) Ltd Trust 03 | ||
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| 2024-12-12 |
| LRA Assigns Preliminary Debt Instrument Rating to Fixed Income Investment IV (Pvt) Ltd – Trust 02 Fixed Income Investment IV (Pvt) Ltd Trust 02 | ||
|---|---|---|---|
| 2024-12-12 |
| Lanka Rating withdraws the Debt Instrument Rating of Fixed Income Investment II (Private) Limited - LKR 2.7Bn T Bond Securitization Fixed Income Investment II (Private) Limited - LKR 2.7Bn T Bond Securitization | ||
|---|---|---|---|
| 2024-12-05 |
| Lanka Rating withdraws the Debt Instrument Rating of Fixed Income Investment 1 (Private) Limited - LKR 5.75Bn T Bond Securitization Fixed Income Investment 1 (Private) Limited - LKR 5.75Bn T Bond Securitization | ||
|---|---|---|---|
| 2024-12-05 |
| Lanka Rating withdraws the Debt Instrument Rating of Fixed Income Investment V (Pvt) Ltd - LKR 06Bn T Bond Securitization Fixed Income Investment V (Pvt) Ltd - LKR 06Bn T Bond Securitization | ||
|---|---|---|---|
| 2024-12-05 |
| Lanka Rating withdraws the Debt Instrument Rating of Fixed Income Investment III (Pvt) Ltd - TBond securitization LKR 5.052Bn Fixed Income Investment III (Pvt) Ltd - TBond securitization LKR 5.052Bn | ||
|---|---|---|---|
| 2024-12-05 |
| Lanka Rating withdraws the Debt Instrument Rating of Fixed Income Investment II (Pvt) Ltd - Trust 2 - T Bond Securitization - LKR 03Bn Fixed Income Investment II (Pvt) Ltd - Trust 2 - T Bond Securitization - LKR 03Bn | ||
|---|---|---|---|
| 2024-12-05 |
| Lanka Rating withdraws the Debt Instrument Rating of Fixed Income Investment II (Pvt) Ltd - Trust 3 T Bond- Securitization - LKR 1200Mn Fixed Income Investment II (Pvt) Ltd - Trust 3 T Bond- Securitization - LKR 1200Mn | ||
|---|---|---|---|
| 2024-12-05 |
| Lanka Rating Assigns Initial Entity Rating to Brown and Company PLC Brown & Company PLC | ||
|---|---|---|---|
| 2024-11-18 |
| Lanka Rating Assigns Initial Debt Instrument Rating to Brown and Company PLC - Guaranteed Redeemable Debentures - LKR 02bn (Maturity 2027) Brown & Company PLC - Guaranteed Redeemable Debentures - LKR 02Bn (Maturity 2027) | ||
|---|---|---|---|
| 2024-11-18 |
| Lanka Rating Assigns Initial Entity Rating to Asia Securities (Private) Limited Asia Securities (Pvt) Ltd | ||
|---|---|---|---|
| 2024-11-18 |
| 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) | ||
|---|---|---|---|
| 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) | ||
|---|---|---|---|
| 2024-10-29 |
| 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 | ||
|---|---|---|---|
| 2024-10-29 |
| Lanka Rating withdraws the Entity Rating of Asia Asset Finance PLC Asia Asset Finance PLC | ||
|---|---|---|---|
| 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 | ||
|---|---|---|---|
| 2024-10-18 |
| Lanka Rating Assigns Initial Entity Rating to Orient Finance PLC, With a "Positive" Outlook. Janashakthi Finance PLC | ||
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| 2024-10-11 |
| 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 | ||
|---|---|---|---|
| 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 | ||
|---|---|---|---|
| 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 | ||
|---|---|---|---|
| 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 | ||
|---|---|---|---|
| 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 | ||
|---|---|---|---|
| 2024-08-20 |
| Lanka Rating withdraws the Entity Rating of Multi Finance PLC Multi Finance PLC | ||
|---|---|---|---|
| 2024-08-19 |
| Lanka Rating Maintains Entity Rating of LOLC Finance PLC, Assigns "Positive" Outlook LOLC Finance PLC | ||
|---|---|---|---|
| 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) | ||
|---|---|---|---|
| 2024-08-08 |
| Lanka Rating Assigns Initial Entity Rating to George Steuart Health (Private) Limited. George Steuart Health (Private) Limited | ||
|---|---|---|---|
| 2024-08-02 |
| 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) | ||
|---|---|---|---|
| 2024-08-01 |
| 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) | ||
|---|---|---|---|
| 2024-08-01 |
| 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 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 Entity Rating of LOLC Holdings PLC LOLC Holdings PLC | ||
|---|---|---|---|
| 2024-07-29 |
| 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 | ||
|---|---|---|---|
| 2024-07-29 |
| LRA Maintains Instrument Rating to LOLC Holdings PLC - LKR 3bn Commercial Paper LOLC Holdings PLC - LKR 03Bn Commercial Paper Program | ||
|---|---|---|---|
| 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 | ||
|---|---|---|---|
| 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 | ||
|---|---|---|---|
| 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 Withdraws the Entity Rating of Nawaloka Medicare (Pvt) Ltd Nawaloka Medicare (Pvt) Ltd | ||
|---|---|---|---|
| 2024-07-26 |
| LRA Assigns Initial Entity Rating to Lakderana Investments Limited. Lakderana Investments LTD | ||
|---|---|---|---|
| 2024-07-19 |
| LRA Assigns Initial Stability Rating to JB Vantage Money Market Fund JB Vantage Money Market Fund | ||
|---|---|---|---|
| 2024-07-15 |
| LRA Assigns Initial Entity Rating to Capital Alliance PLC. Capital Alliance PLC | ||
|---|---|---|---|
| 2024-05-15 |
| LRA Maintains Entity Rating of Vallibel Finance PLC, Outlook improves to "Stable". Vallibel Finance PLC | ||
|---|---|---|---|
| 2024-05-13 |
| LRA Withdraws Entity Rating of Softlogic Capital PLC Softlogic Capital PLC | ||
|---|---|---|---|
| 2024-05-08 |
| LRA Assigns Initial Entity Rating to Ceylon Waste Management Refinery Limited Ceylon Waste Management Refinery Limited | ||
|---|---|---|---|
| 2024-05-07 |
| LRA Assigns Instrument Rating to Janashakthi Limited - LKR 1Bn Commercial Paper Janashakthi Limited - Commercial Paper - 01Bn | ||
|---|---|---|---|
| 2024-05-03 |
| LRA Upgrades Entity Rating of Janashakthi Limited Janashakthi Limited | ||
|---|---|---|---|
| 2024-05-03 |
| LRA Assigns Initial Stability Rating to Softlogic Money Market Fund. Softlogic Money Market Fund | ||
|---|---|---|---|
| 2024-03-20 |
| LRA Withdraws the Entity Rating of Orient Finance PLC Orient Finance PLC | ||
|---|---|---|---|
| 2024-02-23 |
| LRA Withdraws the Entity Rating of Litro Gas Lanka Limited Litro Gas Lanka | ||
|---|---|---|---|
| 2024-02-22 |
| LRA Withdraws Stability Rating of NAMAL High Yield Fund NAMAL High Yield Fund | ||
|---|---|---|---|
| 2024-01-10 |
| LRA Assigns Initial Entity Rating to E.B. Creasy & Co PLC EB Creasy & Co PLC | ||
|---|---|---|---|
| 2023-11-29 |
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.
