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

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit Post
Submit Post
Market Place

Add an ad

View all ads

Latest topics

» Browns investments
by Winner123 Today at 10:44 am

» PAN ASIA BANK
by samaritan Today at 7:03 am

» CFVF.N0000 - Deal at What price?
by Winner123 Yesterday at 8:35 pm

» Profitability of all the banks slides down on bigger margins
by hammurabi Yesterday at 8:25 pm

» Why AAIC Should trade above RS.50/-
by wisdom79 Yesterday at 8:17 pm

» Gotabaya Rajapaksha will named after 10th August. Aspi will move above 6500
by deli Yesterday at 7:43 pm

» කව්ද පකීර් ?(who is the Veteran)
by reyaz Yesterday at 7:32 pm

» Positive News
by samaritan Yesterday at 7:27 pm

» lOFC definitely will hit 6/-
by wealth123 Yesterday at 7:06 pm

» News AEL super report in this quarter Don't sell ..
by sheildskye Yesterday at 6:59 pm

» JKH will touch 175 very soon
by Teller Yesterday at 11:12 am

» HEXP : GOOD TO COLLECT BELOW RS.85
by Trader321 Yesterday at 10:20 am

» ASHO will hit moon. Deal with SLTB
by Bakka1988 Yesterday at 9:38 am

» LOLC Holding( LOLC N.0000)
by stockback Thu Aug 15, 2019 10:31 pm

» CFVF.N0000 :Amazing Result- Quarter Profit more than Half Billion
by Winner123 Thu Aug 15, 2019 12:43 pm

» GLASS (piramal glass ceylon plc) from
by Teller Thu Aug 15, 2019 11:02 am

» Kzoo vs onal
by wisdom79 Wed Aug 14, 2019 9:45 pm

» GREG is back
by wisdom79 Wed Aug 14, 2019 9:42 pm

» AAIC - Profit over one billion!!!!!
by wisdom79 Wed Aug 14, 2019 9:39 pm

» Sri Lankan Billionaire Dhammika Perera may Spend Rs. 10 Billion for a Presidential Campaign without any Risk! His Daily Casino Profits said to be over Rs. 50 Million
by Teller Wed Aug 14, 2019 8:40 am

» CFVF : Another dividend ?
by Promoney Tue Aug 13, 2019 7:28 pm

» CFVF.N0000 & PARQ.N0000 - These two counters Must be in your Portfolios
by Trader321 Tue Aug 13, 2019 6:39 pm

» PARQ.N0000 : Target Price Rs. 50 /=
by Hewagak Tue Aug 13, 2019 5:01 pm

» TAP Less than 1% Shares in the Market
by sanjulanka Tue Aug 13, 2019 12:10 pm

» AEL PRICE TUESDAY
by Winner123 Tue Aug 13, 2019 12:09 pm

» what is the future of KHL (JOHN KEELES HOTELS)
by bhanu Mon Aug 12, 2019 9:03 pm

» TKYO.X0000 will it move furthur?
by bhanu Mon Aug 12, 2019 5:00 pm

» stock market investors and cheated those who approached them.
by Asoka Samarakone Mon Aug 12, 2019 10:14 am

» LLMP can run in present market
by wealth123 Mon Aug 12, 2019 10:03 am

» Where Is Equity Champ
by Teller Mon Aug 12, 2019 8:52 am

» Pending AEL crossing @ Rs.20 deal near soon..
by EPS Sun Aug 11, 2019 8:26 pm

» HI EVERY ONE I'M NEW TO THE MARKET PLEASE HELP ME IS IT GOOD TIME TO ENTER THE MARKET AND WHAT IS GOOD TO BUy?
by King of vice Sun Aug 11, 2019 7:38 am

» Let's Pump And Dump BUT...
by King of vice Sun Aug 11, 2019 7:26 am

» Be careful CTBL share
by MarketWch Sat Aug 10, 2019 7:59 pm

» ඔරියන්ට් ෆ්යිනැන්ස් -විකිනීම ස්තිරයි - අද ද අයිලන්ඩ් පුවත් පත බලන්න 2020 වෙනකම් පුලුවන් නම් තියා ගන්න - අදහා ගන්න බැරි ආදායමක් ලබන්න
by sanjulanka Sat Aug 10, 2019 6:38 pm

» BFN BFN BFN ගොන් කම අත ඇරල ටික කාලයක් අල්ලන් හිටියනම් ඔක්කොමලා ගොඩ BFN BFN BUY AND HOLD -
by sanjulanka Sat Aug 10, 2019 7:11 am

» Next run DOCK?
by Eng Krishantha Fri Aug 09, 2019 2:41 pm

» EAST WEST PRICE
by Ahcha Fri Aug 09, 2019 2:13 pm

» Your thoughts about GREG.N and SPEN.N
by shihan 93 Fri Aug 09, 2019 10:31 am

» East West result is to be published
by samansilva Thu Aug 08, 2019 9:22 pm

» Union Bank website wins gold at dotCOMM awards 2019
by MarketWch Thu Aug 08, 2019 4:53 pm

» Prepare now, and get rich later.
by Asoka Samarakone Thu Aug 08, 2019 4:28 pm

» Hayles Result is out
by Capton KIng Cool Thu Aug 08, 2019 4:07 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