| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating maintains the Debt Instrument Rating of SDF-Tier II Listed Rated Unsecured Subordinated Redeemable High Yield Sustainable Bond SDF-Tier II Listed Rated Unsecured Subordinated Redeemable High Yield Sustainable Bonds | Non Banking Financial Institutes | Debt Instrument | 16-Sep-26 | Maintain | BB+ | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Maintains the Entity Rating of Assetline Finance PLC Assetline Finance PLC | Non Banking Financial Institutes | Entity | 10-Sep-26 | Maintain | A | - | Positive | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Initial Debt Instrument Rating to Assetline Finance PLC - Listed Debenture - 5Bn - 5 years Assetline Finance PLC - Listed Debenture - 5Bn - 5 years | Non Banking Financial Institutes | Debt Instrument | 10-Sep-26 | Initial | A | - | Positive | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating withdraws the Preliminary Debt Instrument Rating of Fixed Income Investment I (Pvt) Ltd Trust 10 Fixed Income Investment 1 (Pvt) Ltd - Trust 10 | Non Banking Financial Institutes | Debt Instrument | 04-Sep-26 | Withdraw | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Maintains Entity Rating of Vallibel Finance PLC Vallibel Finance PLC | Non Banking Financial Institutes | Entity | 02-Sep-26 | Maintain | A- | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Maintains Entity Rating of Vallibel Finance PLC - LKR 3Bn Subordinated - Unsecured - Redeemable Debenture Vallibel Finance PLC - LKR 3Bn Subordinated - Unsecured - Redeemable Debenture | Non Banking Financial Institutes | Debt Instrument | 02-Sep-26 | Maintain | BBB+ | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Maintains Entity Rating of LOLC Finance PLC LOLC Finance PLC | Non Banking Financial Institutes | Entity | 01-Sep-26 | Maintain | A+ | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Assigns Initial Debt Instrument Rating to LOLC Finance PLC's Listed Debenture of LKR 10Bn - 5 Yrs LOLC Finance PLC - 10Bn Listed, Rated, Unsecured, Senior Redeemable Debentures | Non Banking Financial Institutes | Debt Instrument | 01-Sep-26 | Initial | A+ | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Withdraws Instrument Rating of LOLC Finance - LKR 05bn Unsecured Senior Redeemable Debentures LOLC Finance - LKR 05bn Listed Debentures (Maturity 2025) | Non Banking Financial Institutes | Debt Instrument | 01-Sep-26 | Withdraw | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating withdraws the Preliminary Debt Instrument Rating of Fixed Income Investment I (Pvt) Ltd Trust 11 Fixed Income Investment I (Pvt) Ltd - Trust 11 - T Bond Securitization | Non Banking Financial Institutes | Debt Instrument | 01-Sep-26 | Withdraw | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Upgrades Entity Rating of PMF Finance PLC PMF Finance PLC | Non Banking Financial Institutes | Entity | 14-Aug-26 | Upgrade | BB | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating assigns Initial Entity Rating to Citizens Development Business Finance PLC CITIZENS DEVELOPMENT BUSINESS FINANCE PLC | Non Banking Financial Institutes | Entity | 07-Aug-26 | Initial | A- | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Maintains Entity Rating of Alliance Finance Company PLC Alliance Finance Company PLC | Non Banking Financial Institutes | Entity | 05-Aug-26 | Maintain | BBB | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating assigns initial Debt Instrument Rating to Alliance Finance Company PLC's Senior Unsecured Social Bonds Alliance Finance Co PLC – Listed, Rated, Unsecured, Senior Social Bonds - 5 years | Non Banking Financial Institutes | Debt Instrument | 05-Aug-26 | Initial | BBB | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Withdraws the Preliminary Debt Instrument Rating of Fixed Income Investment I (Pvt) Ltd Trust 8 Fixed Income Investment I (Pvt) Ltd - Trust 8 | Non Banking Financial Institutes | Debt Instrument | 04-Aug-26 | Withdraw | - | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Withdraws the Preliminary Debt Instrument Rating of Fixed Income Investment I (Pvt) Ltd Trust 9 Fixed Income Investment I (Pvt) Ltd - Trust 09 | Non Banking Financial Institutes | Debt Instrument | 04-Aug-26 | Withdraw | - | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Withdraws the Preliminary Debt Instrument Rating of Fixed Income Investment II (Pvt) Ltd Trust 7 Fixed Income Investment II (Pvt) Ltd - Trust 7 | Non Banking Financial Institutes | Debt Instrument | 04-Aug-26 | Withdraw | - | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Withdraws the Preliminary Debt Instrument Rating of Fixed Income Investment II (Pvt) Ltd Trust 8 Fixed Income Investment II (Pvt) Ltd - Trust 8 | Non Banking Financial Institutes | Debt Instrument | 04-Aug-26 | Withdraw | - | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Withdraws the Preliminary Debt Instrument Rating of Fixed Income Investment II (Pvt) Ltd Trust 9 Fixed Income Investment II (Pvt) Ltd - Trust 9 | Non Banking Financial Institutes | Debt Instrument | 04-Aug-26 | Withdraw | - | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Withdraws the Preliminary Debt Instrument Rating Of Fixed Income Investment I (Pvt) Ltd - Trust 5 Fixed Income Investment I (Pvt) Ltd - Trust 5 | Non Banking Financial Institutes | Debt Instrument | 28-Jul-26 | Withdraw | - | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Withdraws the Preliminary Debt Instrument Rating Of Fixed Income Investment II (Pvt) Ltd - Trust 4 Fixed Income Investment II (Pvt) Ltd Trust 4 | Non Banking Financial Institutes | Debt Instrument | 28-Jul-26 | Withdraw | - | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Withdraws the Preliminary Debt Instrument Rating Of Fixed Income Investment II (Pvt) Ltd - Trust 6 Fixed Income Investment II (Pvt) Ltd -Trust 6 | Non Banking Financial Institutes | Debt Instrument | 28-Jul-26 | Withdraw | - | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Withdraws the Preliminary Debt Instrument Rating Of Fixed Income Investment III (Pvt) Ltd - Trust 3 Fixed Income Investment III (Pvt) Ltd Trust 03 | Non Banking Financial Institutes | Debt Instrument | 28-Jul-26 | Withdraw | - | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Withdraws the Preliminary Debt Instrument Rating of Fixed Income Investment III (Pvt) Ltd Trust 4 Fixed Income Investment III (Pvt) Ltd Trust 04 | Non Banking Financial Institutes | Debt Instrument | 28-Jul-26 | Withdraw | - | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Withdraws the Preliminary Debt Instrument Rating of Fixed Income Investment IV (Pvt) Ltd Trust 2 Fixed Income Investment IV (Pvt) Ltd Trust 02 | Non Banking Financial Institutes | Debt Instrument | 28-Jul-26 | Withdraw | - | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Withdraws the Preliminary Debt Instrument Rating of Fixed Income Investment I (Pvt) Ltd Trust 3 Fixed Income Investment I (Pvt) Ltd Trust 3 | Non Banking Financial Institutes | Debt Instrument | 28-Jul-26 | Withdraw | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Withdraws the Preliminary Debt Instrument Rating of Fixed Income Investment I (Pvt) Ltd Trust 6 Fixed Income Investment I (Pvt) Ltd - Trust 6 | Non Banking Financial Institutes | Debt Instrument | 28-Jul-26 | Withdraw | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Withdraws the Preliminary Debt Instrument Rating of Fixed Income Investment I (Pvt) Ltd Trust 7 Fixed Income Investment I (Pvt) Ltd - Trust 7 | Non Banking Financial Institutes | Debt Instrument | 28-Jul-26 | Withdraw | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Maintains the Entity Rating of Sarvodaya Development Finance PLC Sarvodaya Development Finance PLC | Non Banking Financial Institutes | Entity | 08-Jul-26 | Maintain | BBB- | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Maintains Entity Rating of WealthTrust Securities PLC WealthTrust Securities PLC | Capital Markets | Entity | 30-Jun-26 | Maintain | A- | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Maintains the Entity Rating of First Capital Holdings PLC First Capital Holdings PLC | Holding Company | Entity | 05-Jun-26 | Maintain | A+ | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Maintains Debt Instrument Rating of First Capital Holdings - LKR 2.5Bn - Commercial Papers First Capital Holdings - LKR 2.5Bn - Commercial Papers | Holding Company | Commercial Paper | 05-Jun-26 | Maintain | A1 | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Maintains Debt Instrument Rating of First Capital Holdings - Listed, rated, senior, unsecured, redeemable debenture - LKR 3Bn - 5 years First Capital Holdings PLC - Listed, rated, senior, unsecured, redeemable debenture - LKR 3Bn - 5 years | Holding Company | Debt Instrument | 05-Jun-26 | Initial | A+ | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Maintains the Entity Rating of First Capital Treasuries PLC First Capital Treasuries PLC | Capital Markets | Entity | 05-Jun-26 | Maintain | A+ | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Maintains Debt Instrument Rating of First Capital Treasuries PLC - Listed , Rated , Subordinated, Unsecured, Redeemable Debenture up to 3 Bn - Tenure 5 years First Capital Treasuries PLC - Listed , Rated , Subordinated, Unsecured, Redeemable Debenture up to LKR 3 Bn - Tenure 5 years | Capital Markets | Debt Instrument | 05-Jun-26 | Initial | A | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Maintains Entity Rating of Capital Alliance Holdings PLC Capital Alliance Holdings PLC | Holding Company | Entity | 04-Jun-26 | Initial | A+ | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Maintains the Entity Rating of Amana Bank PLC Amana Bank PLC | Banks | Entity | 03-Jun-26 | Maintain | BBB+ | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Assigns Preliminary Debt Instrument Rating to Pan Asia Banking Corporation PLC's LKR 5 Bn, Listed, Rated, Senior Unsecured, Redeemable Debentures Issue Pan Asia Banking Corporation- 5Bn Debenture | Banks | Debt Instrument | 02-Jun-26 | Preliminary | BBB+ | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Upgrades Entity Rating of Commercial Credit and Finance PLC Commercial Credit and Finance PLC | Non Banking Financial Institutes | Entity | 22-May-26 | Upgrade | BBB+ | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Assigns Initial Entity Rating to Sanasa Development Bank PLC SANASA DEVELOPMENT BANK PLC | Banks | Entity | 28-Apr-26 | Initial | BBB- | - | Stable | NO |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| LANKA RATING Upgrade Entity Rating of LANKA CREDIT AND BUSINESS FINANCE PLC Lanka Credit and Business Finance PLC | Non Banking Financial Institutes | Entity | 28-Apr-26 | Upgrade | BB | - | Positive | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| 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 | Holding Company | Debt Instrument | 16-Mar-26 | Initial | A | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating maintains the Entity Rating of George Steuart Health (Private) Limited George Steuart Health (Private) Limited | Pharma and Chemicals | Entity | 16-Mar-26 | Maintain | A | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Withdraws the Preliminary Debt Instrument Rating of Commercial Credit & Finance PLC - Listed, Rated, Unsecured, Subordinated, Redeemable - High Yield Bond Issue - LKR 5bn - 5-Year Commercial Credit & Finance PLC - Listed - Rated - Unsecured - Subordinated - Redeemable - High Yield Bond Issue - LKR 5bn - 5-Year | Non Banking Financial Institutes | Debt Instrument | 20-Feb-26 | Withdraw | - | - | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Assigns Preliminary Debt Instrument Rating to Sarvodaya Development Finance PLC's Unsecured Senior Redeemable High-Yield Social Orange Bonds of LKR 2bn Sarvodaya Development Finance PLC – 2Bn Listed, Rated, Unsecured, Senior, Redeemable, High Yield Social Orange Bond | Non Banking Financial Institutes | Debt Instrument | 18-Feb-26 | Preliminary | BBB- | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Assigns Preliminary Instrument Rating of Softlogic Stockbrokers (Pvt.) Limited - Asset Backed Rated Commercial Paper - LKR ~500 mln SOFTLOGIC STOCKBROKERS (PVT) LTD - Asset Backed Rated CP - 500mln | Capital Markets | Debt Instrument | 10-Feb-26 | Preliminary | BBB | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Maintains Debt Instrument Rating of Alliance Finance Company PLC - Green Bond Alliance Finance Company PLC - Green Bond | Non Banking Financial Institutes | Debt Instrument | 30-Jan-26 | Maintain | A+ | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Assigns Initial Entity Rating to LB Finance PLC LB Finance PLC | Non Banking Financial Institutes | Entity | 28-Jan-26 | Initial | A+ | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Upgrades the Entity Rating of E. B. Creasy & Co. PLC EB Creasy & Co PLC | Holding Company | Entity | 27-Jan-26 | Upgrade | BBB+ | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Maintains Entity Rating of Brown and Company PLC, Outlook Negative Brown & Company PLC | Holding Company | Entity | 16-Jan-26 | Maintain | BBB | - | Negative | NO |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Maintains Debt Instrument Rating of Brown and Company PLC - Guaranteed Redeemable Debentures - LKR 02bn (Maturity 2027) Brown & Company PLC - Guaranteed Redeemable Debentures - LKR 02Bn (Maturity 2027) | Holding Company | Debt Instrument | 16-Jan-26 | Maintain | A | - | Stable | NO |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Upgrades Stability Rating of Ceylon Money Market Fund Ceylon Money Market Fund | Capital Markets | Stability | 14-Jan-26 | Upgrade | A(f) | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Places the Entity Rating of Associated Motor Finance Company PLC on "Rating Watch" Associated Motor Finance Company PLC | Non Banking Financial Institutes | Entity | 14-Jan-26 | Maintain | BB | - | Developing | YES |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Withdraws the Preliminary Debt Instrument Rating of 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 | Non Banking Financial Institutes | Debt Instrument | 14-Jan-26 | Withdraw | BB- | - | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Upgrades Entity Rating of Asia Securities (Pvt) Ltd Asia Securities (Pvt) Ltd | Capital Markets | Entity | 08-Jan-26 | Upgrade | BBB+ | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| 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 | Insurance | Debt Instrument | 06-Jan-26 | Downgrade | BB | - | Negative | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Downgrades Insurance Financial Strength (IFS) Rating of Sanasa Life Insurance Company PLC, Outlook "Negative" Sanasa Life Insurance Company PLC | Insurance | IFS | 06-Jan-26 | Downgrade | BB (ifs) | - | Negative | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Maintains the Entity Rating of National Savings Bank National Savings Bank | Banks | Entity | 31-Dec-25 | Maintain | AAA | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Maintains Debt Instrument Rating of National Savings Bank - Additional Tier 1 Perpetual Bonds | LKR 5Bn National Savings Bank - Additional Tier 1 Perpetual Bonds | LKR 5Bn | Banks | Debt Instrument | 31-Dec-25 | Maintain | AA | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Maintains Debt Instrument Rating of National Savings Bank – Senior Redeemable Debentures | LKR 11.541 bn National Savings Bank – Senior Redeemable Debentures | LKR 11.541 bn | Banks | Debt Instrument | 31-Dec-25 | Maintain | AA+ | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Assigns Preliminary Debt Instrument Rating to Bank of Ceylon's - Basel III Compliant, Tier 2, Listed, Rated, Unsecured, Subordinated, Redeemable, Sustainability - LKR 20Bn Bond Bank of Ceylon - Basel III Compliant, Tier 2, Listed, Rated, Unsecured, Subordinated, Redeemable Sustainability Bond - Rs. 20Bn | Banks | Debt Instrument | 09-Dec-25 | Preliminary | AA- | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Upgrades Entity Rating of Capital Alliance PLC Capital Alliance PLC | Capital Markets | Entity | 02-Dec-25 | Upgrade | A+ | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Assigns Preliminary Debt Instrument Rating to Alliance Finance Company PLC's Listed, Rated, Unsecured, Subordinated, Redeemable, High Yield Bond Alliance Finance Co. PLC - Listed, Rated, Unsecured, Subordinated, Redeemable, High Yield Bond - 1 billion with Green shoe issue of 500 million | Non Banking Financial Institutes | Debt Instrument | 25-Nov-25 | Preliminary | BBB- | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Assigns Initial Entity Rating to Softlogic Finance PLC Softlogic Finance PLC - Entity Rating | Non Banking Financial Institutes | Entity | 21-Nov-25 | Initial | B | - | Developing | NO |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Agency maintains the Entity Rating of Janashakthi Finance PLC, Outlook “Positive”. Janashakthi Finance PLC | Non Banking Financial Institutes | Entity | 07-Nov-25 | Maintain | BB+ | - | Positive | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Assigns Initial Insurance Financial Strength (IFS) Rating to Janashakthi Insurance PLC Janashakthi Insurance PLC | Insurance | IFS | 02-Oct-25 | Initial | A- (ifs) | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Assigns Preliminary Debt Instrument Rating to PMF Finance PLC's 1Bn Tier-II Listed Rated Unsecured Subordinated Redeemable 5-Year High Yield Bond PMF Finance PLC - LKR 1Bn High Yield Bond Issuance | Non Banking Financial Institutes | Debt Instrument | 18-Sep-25 | Preliminary | B+ | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Upgrades Stability Rating of JB Vantage Money Market Fund JB Vantage Money Market Fund | Capital Markets | Stability | 16-Sep-25 | Upgrade | A(f) | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Assigns Debt Instrument Rating to SMB Finance PLC - LKR 1.5Bn Listed Unsecured Senior Redeemable 4 Year High Yield Bonds SMB Finance PLC - Bond Issue -1Bn up to 1.5Bn | Non Banking Financial Institutes | Debt Instrument | 03-Sep-25 | Preliminary | BB | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Maintains Entity Rating of LOLC Holdings PLC, Assigns "Positive" Outlook LOLC Holdings PLC | Holding Company | Entity | 20-Aug-25 | Maintain | A | - | Positive | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Maintains Instrument Rating of LOLC Holdings PLC - Commercial Paper -LKR 15Bn LOLC Holdings PLC - Commercial Paper - LKR 15 Bn | Holding Company | Commercial Paper | 20-Aug-25 | Maintain | A1 | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Assigns Initial Instrument Rating to LOLC Holdings PLC - Commercial Paper - LKR 6Bn LOLC Holdings PLC - Commercial Paper - LKR 6Bn | Holding Company | Commercial Paper | 20-Aug-25 | Initial | A1 | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Maintains Instrument Rating of LOLC Holdings PLC - Commercial Paper -LKR 15Bn LOLC Holdings PLC - Commercial Paper -LKR 15Bn | Holding Company | Commercial Paper | 20-Aug-25 | Maintain | A1 | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Maintains Instrument Rating of LOLC Holdings PLC - LKR 02Bn Listed Rated Senior Unsecured Redeemable Debentures, Assigns "Positive Outlook" LOLC Holdings PLC - LKR 02Bn Listed Rated Senior Unsecured Redeemable Debentures
| Holding Company | Debt Instrument | 20-Aug-25 | Maintain | A | - | Positive | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Maintains Instrument Rating of LOLC Holdings PLC - LKR 03Bn Commercial Paper Program LOLC Holdings PLC - LKR 03Bn Commercial Paper Program | Holding Company | Commercial Paper | 20-Aug-25 | Maintain | A1 | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Maintains Instrument Rating of LOLC Holdings PLC - LKR 10Bn Listed Rated Senior Unsecured Redeemable Debenture, Assigns "Positive Outlook" LOLC Holdings PLC - LKR 10Bn Listed Rated Senior Unsecured Redeemable Debenture | Holding Company | Debt Instrument | 20-Aug-25 | Maintain | A | - | Positive | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating assigns Initial Fund Stability Rating to Astrue Money Market Fund Astrue Money Market Fund | Capital Markets | Stability | 20-Aug-25 | Initial | A+(f) | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Assigns Debt Instrument Rating of LOLC Holdings PLC - Commercial Paper- LKR 7Bn LOLC HOLDINGS PLC – COMMERCIAL PAPER- LKR 7 BN | Holding Company | Commercial Paper | 20-Aug-25 | Preliminary | A1 | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating assigns Preliminary Rating to Janashakthi Finance PLC- Asset Backed Securitization - Gold Loans Janashakthi Finance PLC - LKR 1Bn Gold Receivables Backed Securitization | Non Banking Financial Institutes | Debt Instrument | 20-Aug-25 | Preliminary | BBB- | - | Positive | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Assigns Initial Rating to Lanka Credit and Business Finance PLC's Tier II Subordinated, Listed, Rated, Unsecured, Redeemable, 5 Year High Yield Bond Issue LCB- Tier II Subordinated Listed Rated Unsecured Redeemable 5 Year High Yield Bond Issue | Non Banking Financial Institutes | Debt Instrument | 25-Jul-25 | Preliminary | B+ | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Assigns Initial Entity Rating to Ceylon Tea Brokers PLC Ceylon Tea Brokers PLC | Trading | Entity | 18-Jul-25 | Initial | BBB | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Maintains Entity Rating of Laxapana PLC Laxapana PLC | Consumers Goods & Services | Entity | 11-Jul-25 | Maintain | BB+ | - | Positive | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Maintains Entity Rating of SMB Finance PLC SMB Finance PLC | Non Banking Financial Institutes | Entity | 01-Jul-25 | Maintain | BB | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Assigns Preliminary Rating to Janashakthi Finance PLC- Asset Backed Securitization- Gold Loans Janashakthi Finance PLC – Asset Backed Securitization – Gold Loans | Non Banking Financial Institutes | Debt Instrument | 25-Jun-25 | Preliminary | BBB- | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Maintains Entity Rating of State Mortgage & Investment Bank, assigns "Rating Watch" State Mortgage & Investment Bank | Banks | Entity | 20-Jun-25 | Maintain | BBB | - | Stable | YES |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| 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 | Holding Company | Debt Instrument | 05-Jun-25 | Upgrade | A+ | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| LRA Maintains Entity Rating of Regional Development Bank Regional Development Bank | Banks | Entity | 02-May-25 | Maintain | BBB+ | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Upgrades Stability Rating of Ceybank Gilt Edged Fund (A Series) Ceybank Gilt Edged Fund | Capital Markets | Stability | 24-Apr-25 | Upgrade | AA(f) | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| 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 | Non Banking Financial Institutes | Debt Instrument | 23-Apr-25 | Upgrade | AA- | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| 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 | Capital Markets | Debt Instrument | 05-Mar-25 | Withdraw | - | - | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating assigns Initial Entity Rating to Sejaya Micro Credit Limited Sejaya Micro Credit Limited | Banks | Entity | 17-Feb-25 | Initial | BBB- | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| LRA Assigns Initial Fund Stability Rating to CAL Five Year Closed-end Fund CAL Five Year Closed End Fund | Capital Markets | Stability | 03-Feb-25 | Initial | AA-(f) | - | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| 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 | Holding Company | Debt Instrument | 28-Jan-25 | Withdraw | - | - | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| 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 | Banks | Debt Instrument | 31-Dec-24 | Withdraw | - | - | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Raing assigns Initial Entity Rating to Asiri Hospital Holdings PLC Asiri Hospital Holdings PLC | Holding Company | Entity | 19-Dec-24 | Initial | BBB- | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating withdraws the Entity Rating of CIC Holdings PLC CIC Holdings PLC | Holding Company | Entity | 16-Dec-24 | Withdraw | - | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| 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 | Non Banking Financial Institutes | Debt Instrument | 05-Dec-24 | Withdraw | - | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| 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 | Non Banking Financial Institutes | Debt Instrument | 05-Dec-24 | Withdraw | - | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| 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 | Non Banking Financial Institutes | Debt Instrument | 05-Dec-24 | Withdraw | - | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| 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 | Non Banking Financial Institutes | Debt Instrument | 05-Dec-24 | Withdraw | - | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| 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 | Non Banking Financial Institutes | Debt Instrument | 05-Dec-24 | Withdraw | - | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| 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 | Non Banking Financial Institutes | Debt Instrument | 05-Dec-24 | Withdraw | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| 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) | Non Banking Financial Institutes | Debt Instrument | 29-Oct-24 | Withdraw | - | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| 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) | Non Banking Financial Institutes | Debt Instrument | 29-Oct-24 | Withdraw | - | - | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| 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 | Non Banking Financial Institutes | Debt Instrument | 29-Oct-24 | Withdraw | - | - | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating withdraws the Entity Rating of Asia Asset Finance PLC Asia Asset Finance PLC | Non Banking Financial Institutes | Entity | 29-Oct-24 | Withdraw | - | - | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| 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 | Holding Company | Debt Instrument | 18-Oct-24 | Withdraw | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Assigns Entity Rating to People's Bank People's Bank | Banks | Entity | 06-Sep-24 | Initial | AA | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Withdraws Instrument Rating of LOLC Finance PLC - LKR 06bn Asset Securitization LOLC Finance - LKR 06bn Asset Securitization | Non Banking Financial Institutes | Debt Instrument | 03-Sep-24 | Withdraw | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating Withdraws Instrument Rating of LOLC Finance PLC - LKR 2.5bn Unsecured Subordinated Redeemable Debentures LOLC Finance - LKR 2.5bn Listed Debentures | Non Banking Financial Institutes | Debt Instrument | 03-Sep-24 | Withdraw | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| 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 | Banks | Debt Instrument | 29-Aug-24 | Preliminary | AA- | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| Lanka Rating withdraws the Entity Rating of Multi Finance PLC Multi Finance PLC | Non Banking Financial Institutes | Entity | 19-Aug-24 | Withdraw | - | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| LRA Maintains Entity Rating of Merchant Bank of Sri Lanka & Finance PLC, outlook "Stable" Merchant Bank of Sri Lanka & Finance PLC | Non Banking Financial Institutes | Entity | 01-Aug-24 | Maintain | BBB+ | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| 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) | Non Banking Financial Institutes | Debt Instrument | 01-Aug-24 | Maintain | BBB | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| 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) | Non Banking Financial Institutes | Debt Instrument | 01-Aug-24 | Maintain | BBB | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| 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 | Holding Company | Debt Instrument | 29-Jul-24 | Withdraw | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| LRA Withdraws the Entity Rating of Nawaloka Medicare (Pvt) Ltd Nawaloka Medicare (Pvt) Ltd | Pharma and Chemicals | Entity | 26-Jul-24 | Withdraw | - | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| LRA Assigns Initial Entity Rating to Lakderana Investments Limited. Lakderana Investments LTD | Non Banking Financial Institutes | Entity | 19-Jul-24 | Initial | BB | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| LRA Withdraws Entity Rating of Softlogic Capital PLC Softlogic Capital PLC | Holding Company | Entity | 08-May-24 | Withdraw | - | - | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| LRA Assigns Initial Entity Rating to Ceylon Waste Management Refinery Limited Ceylon Waste Management Refinery Limited | Energy | Entity | 07-May-24 | Initial | B- | - | Stable | YES |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| LRA Assigns Instrument Rating to Janashakthi Limited - LKR 1Bn Commercial Paper Janashakthi Limited - Commercial Paper - 01Bn | Holding Company | Commercial Paper | 03-May-24 | Initial | A3 | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| LRA Upgrades Entity Rating of Janashakthi Limited Janashakthi PLC | Holding Company | Entity | 03-May-24 | Upgrade | BBB- | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| LRA Assigns Initial Stability Rating to Softlogic Money Market Fund. Softlogic Money Market Fund | Capital Markets | Stability | 20-Mar-24 | Initial | A(f) | - | Stable | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| LRA Withdraws the Entity Rating of Orient Finance PLC Orient Finance PLC | Non Banking Financial Institutes | Entity | 23-Feb-24 | Withdraw | - | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| LRA Withdraws the Entity Rating of Litro Gas Lanka Limited Litro Gas Lanka | Energy | Entity | 22-Feb-24 | Withdraw | - | - |
| Entity | Sector | Rating Type | Dissemination Date | Action | LT Rating | ST Rating | Outlook | Rating Watch |
|---|---|---|---|---|---|---|---|---|
| LRA Withdraws Stability Rating of NAMAL High Yield Fund NAMAL High Yield Fund | Capital Markets | Stability | 10-Jan-24 | Withdraw | - | - |