Category: Latest News
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Fitch Assigns ‘BBB+(lka)’ Rating to Nations Trust Bank’s Debt in Sri Lanka
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Sri Lanka’s Nations Trust Bank has announced a proposed debenture issue amounting to 15 billion rupees, which has received an expected National Long-Term Rating of ‘BBB+(lka)(EXP)’ from Fitch Ratings. Fitch has utilized NTB’s National Long-Term Rating as the anchor rating for this instrument, as it reflects the bank’s standalone financial strength and best indicates the
