Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit Post
Submit Post

Latest topics

» BFN slowly slowly unloading
by Uaecoindubai Today at 2:49 pm

» Asanga senavirathana- king of right issue
by Uaecoindubai Today at 1:42 pm

» Losses to continue at Aitken Spence Hotels
by Uaecoindubai Today at 1:37 pm

» Hayleys to report heavy losses
by Uaecoindubai Today at 11:35 am

» Singer to report heavy losses
by God Father Today at 10:34 am

» Sri Lanka to reopen hotels without guests
by Sstar Today at 10:27 am

» 8 Finance companaies to be closed very soon
by glad Today at 10:09 am

» GOLDEN ERA
by soileconomy Today at 7:18 am

» HOTEL INDUSTRY
by soileconomy Today at 5:44 am

» Please DON'T SELL IN PANIC, BUY, ONLY A SMALL INCIDENT, IT'S COMPLETELY OVER!!!!!
by hammurabi Today at 12:02 am

» Buy When There's Blood in the Streets
by hammurabi Yesterday at 8:48 pm

» ASPI should down To 4950
by Uaecoindubai Yesterday at 7:01 pm

» Market will test 4700
by Uaecoindubai Yesterday at 6:10 pm

» SME M&A opportunity
by Ram13 Yesterday at 3:49 pm

» BFN බොරු සෙලින් දාලා කොහොම හරි 11 වගේ ගානට 500000 එකතු කරගන්න කියලා අර 14 ට ලක්ශයක් සෙලින් දැම්මේ මේ ටේලර් මහත්තයාම තමයි
by sanjulanka Yesterday at 12:48 pm

» Central bank Issue
by Uaecoindubai Yesterday at 12:41 pm

» Why AAIC Should trade above RS.50/-
by wisdom79 Yesterday at 11:01 am

» Look PAP Amazing company
by dmtmadusanka Mon Apr 22, 2019 4:15 pm

» Commencement of Trading at CSE
by Uaecoindubai Mon Apr 22, 2019 3:58 pm

» Good news from JKH : Will this be the market mover ?
by gjooos Mon Apr 22, 2019 1:06 pm

» whats the purpose of Bomb blasts?
by sanjulanka Mon Apr 22, 2019 9:11 am

» Best Free forex signals provider
by Uaecoindubai Sun Apr 21, 2019 3:24 pm

» Chairmam of Sanasa arrested over suspicion of misappropriation of funds
by hammurabi Sun Apr 21, 2019 9:36 am

» Sri Lanka Kattadiyalage Wegapitiya tries to manipulate Household Gas prices in Gas market, Wegapitiya lead LAUGFS Gas in a secret Deal to Bankrupt Government's Litro Gas by affecting 1.3 Million Households and 5 million people in the country
by Uaecoindubai Sat Apr 20, 2019 2:55 pm

» Economic Health of Sri Lanka
by Uaecoindubai Sat Apr 20, 2019 2:30 pm

» What is going on with TFC.N0000
by Uaecoindubai Sat Apr 20, 2019 2:30 pm

» REEF possible run.
by hammurabi Sat Apr 20, 2019 6:50 am

» EAST INTERESTING DAYS AHEAD 25+
by glad Fri Apr 19, 2019 10:40 am

» Weekly Stock Market Roundup
by Insights Equity Fri Apr 19, 2019 8:35 am

» Would CIC make an upward move in the coming weeks?
by hammurabi Fri Apr 19, 2019 12:39 am

» Daily Stock Market Update
by Insights Equity Thu Apr 18, 2019 6:17 pm

» Sri Lanka Hilton Hotels Must Investigate or Oust Unfit and Improper - Kashmi App Bankrupted Sanjiv Alles who hides about his Career in Kashmi for Colombo Hilton Hotel Director Profile
by AmalHoole Thu Apr 18, 2019 12:47 pm

» Why ALHP is having a huge demand despite consecutive losses?
by wisdom79 Thu Apr 18, 2019 11:03 am

» TIME TO LOOK AEL
by sanjulanka Wed Apr 17, 2019 6:42 pm

» HEXP next run up to 120-130
by nishjaya Wed Apr 17, 2019 12:21 pm

» Cabinet nod for Colombo Stock Exchange to be converted to a company limited by shares
by glad Wed Apr 17, 2019 9:30 am

» Lanka Bell to be acquired by Mobitel - Sources
by soileconomy Wed Apr 17, 2019 7:07 am

» Sri Lanka Watapota (WAPO) Guardian Capital lose Rs. 10 Mn of Funds because of Kashmi App Closed down, Kashmi Co-Founder Bankrupt Sanjiv Alles now landed on Hilton Colombo Director Board owned by Yahapalana Government
by AmalHoole Tue Apr 16, 2019 3:17 pm

» සුභ අලුත් අවුරුද්දක් වේවා.
by sanjulanka Mon Apr 15, 2019 12:38 pm

» I bought PCHH.N and SING.N sometimes back?
by hammurabi Mon Apr 15, 2019 12:14 pm

» Highest temperature hike after 128 years in sri lanka
by nimantha80 Sun Apr 14, 2019 4:47 pm

» DEBTS FREE AAIC MUST MOVE UP,3.36BN FROFIT, MARCH Q 1.00BN
by wisdom79 Sun Apr 14, 2019 8:15 am

» VONE , is it time to sell or holds
by Uaecoindubai Sat Apr 13, 2019 1:27 pm

» HVA WILL THEY RECTIFY THE REGULATORS QUARIES BEFORE DEAD LINE?
by nimantha80 Fri Apr 12, 2019 3:12 pm

» NDB Leasing Centers open at Gampaha, Negombo
by Uaecoindubai Thu Apr 11, 2019 8:17 pm

» I met Karuna Today.
by Uaecoindubai Thu Apr 11, 2019 8:15 pm

» Look APLA its trending to 98LKR
by Uaecoindubai Thu Apr 11, 2019 8:13 pm

» ROYAL CERAMIC (RCL)
by Yahapalanaya Thu Apr 11, 2019 8:11 pm

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » Fitch revises DFCC outlook to Stable; affirms 9 Sri Lankan banks

Fitch revises DFCC outlook to Stable; affirms 9 Sri Lankan banks

Go down  Message [Page 1 of 1]

TraderCSE


Manager - Equity Analytics
Manager - Equity Analytics
[size=48]Fitch revises DFCC outlook to Stable; affirms 9 Sri Lankan banks[/size]


Fitch Ratings has revised the Outlook on DFCC Bank Plc (DFCC) to Stable from Negative. 

It has also affirmed the Long-Term Issuer Default Ratings (IDR) of the following Sri Lanka-based banks:

- National Savings Bank (NSB) at ‘B+’; Outlook Stable

- Bank of Ceylon (BOC) at ‘B+’; Outlook Stable

- DFCC at ‘B+’; Outlook revised to Stable from Negative

Fitch has also affirmed the National Long-Term Ratings of the following banks:

- NSB at ‘AAA(lka)’; Outlook Stable

- BOC at ‘AA+(lka)’; Outlook Stable

- DFCC at ‘AA-(lka)’; Outlook revised to Stable from Negative

- People’s Bank (Sri Lanka) (People’s Bank) at ‘AA+(lka)’; Outlook Stable

- Commercial Bank of Ceylon Plc (CB) at ‘AA(lka)’; Outlook Stable

- Hatton National Bank Plc (HNB) at ‘AA-(lka)’; Outlook Stable

- National Development Bank Plc (NDB) at ‘A+(lka); Outlook Stable

- Sampath Bank Plc (Sampath) at ‘A+(lka)’; Outlook Negative

- Seylan Bank Plc (Seylan) at ‘A-(lka)’; Outlook Stable

The rating action follows Fitch’s periodic review of the large bank peer group. Fitch has maintained the negative outlook on Sri Lanka’s banking sector as it expects challenging operating conditions to persist into 2018. 

The sector outlook is sensitive to trends in the operating environment. Bank credit profiles should broadly remain intact, but there could be modest pressure on the ratings of some banks if sufficient loss-absorption buffers are not maintained.

Capitalisation remains a key issue facing the sector. There was some capital-raising among banks in 2017 and Fitch expects this to continue into 2018. Sri Lankan banks are required to phase in higher capital buffers to meet Basel III regulations that come into effect on 1 January 2019. 

In addition, Fitch believes there could be a significant impact on banks’ capitalisation through the adoption of Sri Lanka Financial Reporting Standards (SLFRS) 9 in 2018, although the effect of this on regulatory capital ratios could be spread out.





http://www.ft.lk/front-page/Fitch-revises-DFCC-outlook-to-Stable--affirms-9-Sri-Lankan-banks/44-645791

nirowat


Manager - Equity Analytics
Manager - Equity Analytics
Load of rubbish in my opinion
Think they had AAA for Lehman Brothers

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum