Ratings

EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
Lanka Rating assigns Initial Entity Rating to Sejaya Micro Credit Limited

Sejaya Micro Credit Limited
Press Release | Report
BanksEntity 17-Feb-25
InitialBBB--Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
Lanka Rating Assigns Initial Entity Rating to Amana Bank PLC

Amana Bank PLC
Press Release | Report
BanksEntity 11-Feb-25
InitialBBB+-Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Assigns Initial Fund Stability Rating to CAL Five Year Closed-end Fund

CAL Five Year Closed End Fund
Press Release | Report
Capital MarketsStability 03-Feb-25
InitialAA-(f)--
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating 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
Press Release | Report
Holding CompanyDebt Instrument 28-Jan-25
Withdraw---
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Assigns Preliminary Debt Instrument Rating to Fixed Income Investment I (Pvt) Ltd – Trust 09

Fixed Income Investment I (Pvt) Ltd - Trust 09
Press Release | Report
Non Banking Financial InstitutesDebt Instrument 08-Jan-25
PreliminaryAA-Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Assigns Preliminary Debt Instrument Rating to Fixed Income Investment II (Pvt) Ltd – Trust 09

Fixed Income Investment II (Pvt) Ltd - Trust 9
Press Release | Report
Non Banking Financial InstitutesDebt Instrument 08-Jan-25
PreliminaryAA-Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Assigns Preliminary Debt Instrument Rating to Fixed Income Investment I (Pvt) Ltd – Trust 08

Fixed Income Investment I (Pvt) Ltd - Trust 8
Press Release | Report
Non Banking Financial InstitutesDebt Instrument 08-Jan-25
PreliminaryAA-Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
Lanka Rating Maintains Entity Rating of National Savings Bank

National Savings Bank
Press Release | Report
BanksEntity 31-Dec-24
MaintainAAA-Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
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
Press Release | Report
BanksDebt Instrument 31-Dec-24
MaintainAA-Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
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
Press Release | Report
BanksDebt Instrument 31-Dec-24
MaintainAA+-Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating 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
Press Release | Report
BanksDebt Instrument 31-Dec-24
Withdraw---
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Assigns Preliminary Debt Instrument Rating to Fixed Income Investment II (Pvt) Ltd – Trust 06

Fixed Income Investment II (Pvt) Ltd -Trust 6
Press Release | Report
Non Banking Financial InstitutesDebt Instrument 26-Dec-24
PreliminaryAA-Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Assigns Preliminary Debt Instrument Rating to Fixed Income Investment I (Pvt) Ltd – Trust 07

Fixed Income Investment I (Pvt) Ltd - Trust 7
Press Release | Report
Non Banking Financial InstitutesDebt Instrument 26-Dec-24
PreliminaryAA-Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Assigns Preliminary Debt Instrument Rating to Fixed Income Investment I (Pvt) Ltd – Trust 05

Fixed Income Investment I (Pvt) Ltd - Trust 5
Press Release | Report
Non Banking Financial InstitutesDebt Instrument 26-Dec-24
PreliminaryAA-Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Assigns Preliminary Debt Instrument Rating to Fixed Income Investment I (Pvt) Ltd – Trust 06

Fixed Income Investment I (Pvt) Ltd - Trust 6
Press Release | Report
Non Banking Financial InstitutesDebt Instrument 26-Dec-24
PreliminaryAA-Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Assigns Preliminary Debt Instrument Rating to Fixed Income Investment II (Pvt) Ltd – Trust 07

Fixed Income Investment II (Pvt) Ltd - Trust 7
Press Release | Report
Non Banking Financial InstitutesDebt Instrument 26-Dec-24
PreliminaryAA-Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Assigns Preliminary Debt Instrument Rating to Fixed Income Investment II (Pvt) Ltd – Trust 08

Fixed Income Investment II (Pvt) Ltd - Trust 8
Press Release | Report
Non Banking Financial InstitutesDebt Instrument 26-Dec-24
PreliminaryAA-Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
Lanka Raing assigns Initial Entity Rating to Asiri Hospital Holdings PLC

Asiri Hospital Holdings PLC
Press Release | Report
Holding CompanyEntity 19-Dec-24
InitialBBB--Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
Lanka Rating withdraws the Entity Rating of CIC Holdings PLC

CIC Holdings PLC
Press Release | Report
Holding CompanyEntity 16-Dec-24
Withdraw--
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Assigns Preliminary Debt Instrument Rating to Fixed Income Investment III (Pvt) Ltd – Trust 03

Fixed Income Investment III (Pvt) Ltd Trust 03
Press Release | Report
Non Banking Financial InstitutesDebt Instrument 12-Dec-24
PreliminaryAA-Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Assigns Preliminary Debt Instrument Rating to Fixed Income Investment II (Pvt) Ltd – Trust 04

Fixed Income Investment II (Pvt) Ltd Trust 4
Press Release | Report
Non Banking Financial InstitutesDebt Instrument 12-Dec-24
PreliminaryAA-Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Assigns Preliminary Debt Instrument Rating to Fixed Income Investment I (Pvt) Ltd – Trust 03

Fixed Income Investment I (Pvt) Ltd Trust 3
Press Release | Report
Non Banking Financial InstitutesDebt Instrument 12-Dec-24
PreliminaryAA-Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Assigns Preliminary Debt Instrument Rating to Fixed Income Investment IV (Pvt) Ltd – Trust 02

Fixed Income Investment IV (Pvt) Ltd Trust 02
Press Release | Report
Non Banking Financial InstitutesDebt Instrument 12-Dec-24
PreliminaryAA-Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Assigns Preliminary Debt Instrument Rating to Fixed Income Investment III (Pvt) Ltd – Trust 04

Fixed Income Investment III (Pvt) Ltd Trust 04
Press Release | Report
Non Banking Financial InstitutesDebt Instrument 12-Dec-24
PreliminaryAA-Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating 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
Press Release | Report
Non Banking Financial InstitutesDebt Instrument 05-Dec-24
Withdraw--
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating 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
Press Release | Report
Non Banking Financial InstitutesDebt Instrument 05-Dec-24
Withdraw--
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating 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
Press Release | Report
Non Banking Financial InstitutesDebt Instrument 05-Dec-24
Withdraw--
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating 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
Press Release | Report
Non Banking Financial InstitutesDebt Instrument 05-Dec-24
Withdraw--
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating 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
Press Release | Report
Non Banking Financial InstitutesDebt Instrument 05-Dec-24
Withdraw-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating 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
Press Release | Report
Non Banking Financial InstitutesDebt Instrument 05-Dec-24
Withdraw--
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
Lanka Rating Assigns Preliminary Debt Instrument Rating to Alliance Finance Company PLC's Green Bond

Alliance Finance Company PLC - Green Bond
Press Release | Report
Non Banking Financial InstitutesDebt Instrument 20-Nov-24
PreliminaryA--Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
Lanka Rating Assigns Initial Entity Rating to Brown and Company PLC

Brown & Company PLC
Press Release | Report
Holding CompanyEntity 18-Nov-24
InitialBBB-Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
Lanka Rating Assigns Initial Entity Rating to Asia Securities (Private) Limited

Asia Securities (Pvt) Ltd
Press Release | Report
Capital MarketsEntity 18-Nov-24
InitialBBB-Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
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)
Press Release | Report
Holding CompanyDebt Instrument 18-Nov-24
InitialA-Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating 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)
Press Release | Report
Non Banking Financial InstitutesDebt Instrument 29-Oct-24
Withdraw--
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
Lanka Rating withdraws the Entity Rating of Asia Asset Finance PLC

Asia Asset Finance PLC
Press Release | Report
Non Banking Financial InstitutesEntity 29-Oct-24
Withdraw---
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating 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
Press Release | Report
Non Banking Financial InstitutesDebt Instrument 29-Oct-24
Withdraw---
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating 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)
Press Release | Report
Non Banking Financial InstitutesDebt Instrument 29-Oct-24
Withdraw---
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating 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
Press Release | Report
Holding CompanyDebt Instrument 18-Oct-24
Withdraw-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating 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
Press Release | Report
Holding CompanyDebt Instrument 11-Oct-24
PreliminaryA-Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
Lanka Rating Assigns Initial Entity Rating to Orient Finance PLC, With a "Positive" Outlook.

Orient Finance PLC
Press Release | Report
Non Banking Financial InstitutesEntity 11-Oct-24
InitialBB+-Positive-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Assigns Initial Stability Rating to Ceylon Money Market Fund

Ceylon Money Market Fund
Press Release | Report
Capital MarketsStability 10-Oct-24
InitialA-(f)-Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
Lanka Rating Assigns Entity Rating to People's Bank

People's Bank
Press Release | Report
BanksEntity 06-Sep-24
InitialAA-Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
Lanka Rating Withdraws Instrument Rating of LOLC Finance PLC - LKR 2.5bn Unsecured Subordinated Redeemable Debentures

LOLC Finance - LKR 2.5bn Listed Debentures
Press Release | Report
Non Banking Financial InstitutesDebt Instrument 03-Sep-24
Withdraw-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
Lanka Rating Withdraws Instrument Rating of LOLC Finance PLC - LKR 06bn Asset Securitization

LOLC Finance - LKR 06bn Asset Securitization
Press Release | Report
Non Banking Financial InstitutesDebt Instrument 03-Sep-24
Withdraw-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating 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
Press Release | Report
BanksDebt Instrument 29-Aug-24
PreliminaryAA--Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
Lanka Rating Assigns Initial Rating to Vallibel Finance PLC - LKR 3Bn Subordinated, Unsecured, Redeemable Debenture

Vallibel Finance PLC - LKR 3Bn Subordinated - Unsecured - Redeemable Debenture
Press Release | Report
Non Banking Financial InstitutesDebt Instrument 20-Aug-24
PreliminaryBBB-StableNO
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
Lanka Rating withdraws the Entity Rating of Multi Finance PLC

Multi Finance PLC
Press Release | Report
Non Banking Financial InstitutesEntity 19-Aug-24
Withdraw--
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Assigns Initial Entity Rating to Laxapana PLC

Laxapana PLC
Press Release | Report
Consumers Goods & ServicesEntity 08-Aug-24
InitialBB+-StableNO
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
Lanka Rating Maintains Entity Rating of LOLC Finance PLC, Assigns "Positive" Outlook

LOLC Finance PLC
Press Release | Report
Non Banking Financial InstitutesEntity 08-Aug-24
MaintainA-Positive-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
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)
Press Release | Report
Non Banking Financial InstitutesDebt Instrument 08-Aug-24
MaintainA-Positive-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
Lanka Rating Assigns Initial Entity Rating to George Steuart Health (Private) Limited.

George Steuart Health (Private) Limited
Press Release | Report
Pharma and ChemicalsEntity 02-Aug-24
InitialA-Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating 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)
Press Release | Report
Non Banking Financial InstitutesDebt Instrument 01-Aug-24
MaintainBBB-Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Maintains Entity Rating of Merchant Bank of Sri Lanka & Finance PLC, outlook "Stable"

Merchant Bank of Sri Lanka & Finance PLC
Press Release | Report
Non Banking Financial InstitutesEntity 01-Aug-24
MaintainBBB+-Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating 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)
Press Release | Report
Non Banking Financial InstitutesDebt Instrument 01-Aug-24
MaintainBBB-Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Maintains Instrument Rating to LOLC Holdings PLC -Commercial Paper - LKR 15 Bn

LOLC Holdings PLC - Commercial Paper - LKR 15 Bn
Press Release | Report
Holding CompanyCommercial Paper 30-Jul-24
InitialA1StableYES
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Maintains Instrument Rating to LOLC Holdings PLC - LKR 15bn Commercial Paper

LOLC Holdings PLC - Commercial Paper -LKR 15Bn
Press Release | Report
Holding CompanyCommercial Paper 30-Jul-24
InitialA1StableYES
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
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
Press Release | Report
Holding CompanyDebt Instrument 29-Jul-24
MaintainA-StableYES
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
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
Press Release | Report
Holding CompanyDebt Instrument 29-Jul-24
MaintainA-StableYES
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Maintains Instrument Rating to LOLC Holdings PLC - Commercial Paper - LKR 6Bn

LOLC Holdings PLC - Commercial Paper - LKR 6Bn
Press Release | Report
Holding CompanyCommercial Paper 29-Jul-24
PreliminaryA1StableYES
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Maintains Instrument Rating to LOLC Holdings PLC - LKR 3bn Commercial Paper

LOLC Holdings PLC - LKR 03Bn Commercial Paper Program
Press Release | Report
Holding CompanyCommercial Paper 29-Jul-24
MaintainA1StableYES
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating 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
Press Release | Report
Holding CompanyDebt Instrument 29-Jul-24
Withdraw-Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Maintains Entity Rating of LOLC Holdings PLC

LOLC Holdings PLC
Press Release | Report
Holding CompanyEntity 29-Jul-24
MaintainA-StableYES
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Withdraws the Entity Rating of Nawaloka Medicare (Pvt) Ltd

Nawaloka Medicare (Pvt) Ltd
Press Release | Report
Pharma and ChemicalsEntity 26-Jul-24
Withdraw--
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Assigns Initial Entity Rating to Lakderana Investments Limited.

Lakderana Investments LTD
Press Release | Report
Non Banking Financial InstitutesEntity 19-Jul-24
InitialBB-Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Assigns Initial Stability Rating to JB Vantage Money Market Fund

JB Vantage Money Market Fund
Press Release | Report
Capital MarketsStability 15-Jul-24
InitialA-(f)-Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Assigns Initial Entity Rating to WealthTrust Securities Limited.

WealthTrust Securities Limited
Press Release | Report
Capital MarketsEntity 08-Jul-24
InitialA--Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Assigns Initial Entity Rating to Capital Alliance PLC.

Capital Alliance PLC
Press Release | Report
Capital MarketsEntity 15-May-24
InitialA-Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Maintains Entity Rating of Vallibel Finance PLC, Outlook improves to "Stable".

Vallibel Finance PLC
Press Release | Report
Non Banking Financial InstitutesEntity 13-May-24
MaintainBBB+-Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Withdraws Entity Rating of Softlogic Capital PLC

Softlogic Capital PLC
Press Release | Report
Holding CompanyEntity 08-May-24
Withdraw---
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Assigns Initial Entity Rating to Ceylon Waste Management Refinery Limited

Ceylon Waste Management Refinery Limited
Press Release | Report
EnergyEntity 07-May-24
InitialB--StableYES
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Assigns Instrument Rating to Janashakthi Limited - LKR 1Bn Commercial Paper

Janashakthi Limited - Commercial Paper - 01Bn
Press Release | Report
Holding CompanyCommercial Paper 03-May-24
InitialA3Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Upgrades Entity Rating of Janashakthi Limited

Janashakthi Limited
Press Release | Report
Holding CompanyEntity 03-May-24
UpgradeBBB--Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Maintains Entity Rating of First Capital Holdings PLC | Assigns Positive Outlook

First Capital Holdings PLC
Press Release | Report
Holding CompanyEntity 02-May-24
MaintainA-Positive-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Maintains Instrument Rating of First Capital Holdings - LKR 2.5Bn Commercial Papers | Assigns Positive Outlook

First Capital Holdings - LKR 2.5Bn - Commercial Papers
Press Release | Report
Holding CompanyCommercial Paper 02-May-24
MaintainA1Positive-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
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
Press Release | Report
Holding CompanyDebt Instrument 02-May-24
MaintainA-Positive-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
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
Press Release | Report
Capital MarketsDebt Instrument 02-May-24
MaintainA--Positive-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Maintains Entity Rating of First Capital Treasuries PLC | Assigns Positive Outlook

First Capital Treasuries PLC
Press Release | Report
Capital MarketsEntity 02-May-24
MaintainA-Positive-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Maintains Entity Rating of Alliance Finance Company PLC

Alliance Finance Company PLC
Press Release | Report
Non Banking Financial InstitutesEntity 02-Apr-24
MaintainBBB--Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Assigns Initial Stability Rating to Ceybank Gilt Edged Fund (A Series)

Ceybank Gilt Edge Fund
Press Release | Report
Capital MarketsStability 25-Mar-24
InitialAA-(f)-Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Assigns Initial Stability Rating to Softlogic Money Market Fund.

Softlogic Money Market Fund
Press Release | Report
Capital MarketsStability 20-Mar-24
InitialA(f)-Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Assigns Initial Entity Rating to SMB Finance PLC.

SMB Finance PLC
Press Release | Report
Non Banking Financial InstitutesEntity 19-Mar-24
InitialBB-Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Maintains Entity Ratings to Commercial Credit and Finance PLC, outlook "Positive"

Commercial Credit and Finance PLC
Press Release | Report
Non Banking Financial InstitutesEntity 26-Feb-24
MaintainBBB-PositiveNO
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
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
Press Release | Report
Non Banking Financial InstitutesDebt Instrument 26-Feb-24
MaintainA-StableNO
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Withdraws the Entity Rating of Orient Finance PLC

Orient Finance PLC
Press Release | Report
Non Banking Financial InstitutesEntity 23-Feb-24
Withdraw--
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Withdraws the Entity Rating of Litro Gas Lanka Limited

Litro Gas Lanka
Press Release | Report
EnergyEntity 22-Feb-24
Withdraw--
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Assigns Initial Entity Rating to the Regional Development Bank

Regional Development Bank
Press Release | Report
BanksEntity 17-Jan-24
InitialBBB+-Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Withdraws Stability Rating of NAMAL High Yield Fund

NAMAL High Yield Fund
Press Release | Report
Capital MarketsStability 10-Jan-24
Withdraw--
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Assigns Initial Entity Rating to E.B. Creasy & Co PLC

EB Creasy & Co PLC
Press Release | Report
Holding CompanyEntity 29-Nov-23
InitialBBB-Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Assigns Initial Rating to State Mortgage and Investment Bank

State Mortgage & Investment Bank
Press Release | Report
BanksEntity 20-Nov-23
InitialBBB-Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Assigns Initial Rating to Assetline Finance Limited

Assetline Finance Limited
Press Release | Report
Non Banking Financial InstitutesEntity 02-Nov-23
InitialA--Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Maintains Entity Rating of Sarvodaya Development Finance PLC

Sarvodaya Development Finance PLC
Press Release | Report
Non Banking Financial InstitutesEntity 02-Oct-23
MaintainBB-Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
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
Press Release | Report
InsuranceDebt Instrument 07-Aug-23
InitialBBB-Positive-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Assigns Initial Entity Rating to Sanasa Life Insurance Company PLC

Sanasa Life Insurance Company PLC
Press Release | Report
InsuranceIFS 07-Aug-23
InitialBBB (ifs)-Positive-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Assigns Initial Rating to Associated Motor Finance Company PLC

Associated Motor Finance Company PLC
Press Release | Report
Non Banking Financial InstitutesEntity 17-Jul-23
InitialBB--Stable-
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Assigns Initial Entity Rating to Lanka Credit & Business Finance PLC with Rating Watch and "Positive" Outlook

Lanka Credit and Business Finance PLC
Press Release | Report
Non Banking Financial InstitutesEntity 06-Jun-23
InitialB+-PositiveYES
EntitySectorRating TypeDissemination DateActionLT RatingST RatingOutlookRating Watch
LRA Assigns Initial Rating to PMF Finance PLC

PMF Finance PLC
Press Release | Report
Non Banking Financial InstitutesEntity 01-Mar-23
InitialB+-Stable-