Category: Business

  • Fitch Confirms ‘AAA(lka)’ Rating for Standard Chartered Bank, Sri Lanka

    Fitch Confirms ‘AAA(lka)’ Rating for Standard Chartered Bank, Sri Lanka

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    Fitch Ratings has reaffirmed the National Long-Term Rating of Standard Chartered Bank, Sri Lanka (SCBSL) at ‘AAA(lka)’, with a Stable Outlook. This decision reflects anticipated support from its parent company, Standard Chartered Bank, along with the recent sale of its retail business. The local entity’s wealth and retail banking business is being sold to DFCC

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