Press Releases

March 2010	RAM Ratings Lanka upgrades Associated Motor Finance’s rating from B+ to BB
February 2010	RAM Ratings Lanka reaffirms Alliance Finance Company PLC’s ratings at BBB/P2
January 2010	Insurance Sector Report by RAM Ratings Lanka - Shiftin Competitive Landscape
December 2009	RAM Ratings Lanka upgrades PMFC’s ratings to BBB-/P3
December 2009	RAM Ratings Lanka reaffirms BFL’s ratings at BBB-/P3
December 2009	RAM Ratings Lanka downgrades CIFL’s ratings
November 2009	RAM Ratings Lanka downgrades Asian Finance’s ratings
October 2009	RAM Ratings Lanka assigns long term rating of ‘A’ for State Mortgage & Investment Bank
October 2009	RAM Ratings Lanka reaffirms Arpico Finance’s ratings
October 2009	RAM Ratings Lanka reaffirms Asian Alliance Insurance’s ratings
August 2009	RAM Ratings Lanka reaffirms Co-Operative Insurance’s CPA rating of BB
August 2009	RAM Ratings Lanka upgrades LB Finance’s rating to BBB
August 2009	RAM Ratings Lanka has reaffirmed the ratings of Mercantile Investments Limited at A (with a negative outlook)
August 2009	RAM Ratings Lanka lifts MBSL’s rating watch and reaffirms ratings with a stable outlook
August 2009	Series of Alternative financing articles by RAM Ratings Lanka: ALTERNATIVE FINANCING DEMYSTIFIED
July 2009	RAM Ratings Lanka reaffirms The Multi Finance Limited’s ratings
June 2009	RAM Ratings Lanka revises SLIC’s rating outlook to positive
June 2009	RAM Ratings Lanka appoints new CEO
May 2009	RAM Ratings Lanka puts Merchant Bank of Sri Lanka on Rating Watch
May 2009	RAM Ratings Lanka lifts Rating Watch on Arpico Finance; affirms stable outlook
May 2009	RAM Ratings Lanka has reaffirmed the BBB/P2 ratings of Alliance Finance PLC
April 2009	RAM Ratings Lanka reaffirms Central Investment and Finance Limited’s B+rating, outlook revised to negative
March 2009	RAM Ratings Lanka creates market awareness with workshops on Islamic finance
March 2009	RAM Ratings Lanka Puts Ratings of Asian Finance Ltd on Watch with a Developing Outlook
February 2009	RAM Ratings has reaffirmed the A-/P2 ratings of Senkadagala Finance Limited
December2008	RAM Ratings has reaffirmed the BBB-/P3 ratings of Bartleet Finance Limited
December 2008	RAM Ratings has reaffirmed the BBB-/P3 ratings of Bartleet Finance Limited
December 2008	RAM Ratings has reaffirmed the BB+ claims-paying ability rating of Asian Alliance Insurance PLC
November 2008	RAM Ratings re-affirms BB Rating of Arpico Finance with a Rating Watch
September 2008	RAM Ratings Assigns AA- ratings to Sri Lanka Insurance Corporation
September 2008	RAM Ratings reaffirms BBB ratings of Alliance Finance Co, PLC
August 2008	RAM Ratings reaffirms BBB- ratings of LB Finance Limited
June 2008	More moderate growth but resilient against decelerating global economy and rising fuel/food prices
June 2008	RAM Ratings Reaffirms A-/P2 Ratings Of Senkadagala Finance
June 2008	RAM Ratings Assigns P1 Rating to Mercantile Investments’ Proposed Debt Facility; Existing Ratings Reaffirmed With Negative Outlook
May 2008	RAM Ratings reaffirms AA-/P1 ratings of Merchant Bank of Sri Lanka
April 2008	RAM Ratings organises Investors' and Issuers' forum
March 2008	Former Chief Judge of Malaya appointed as Chairman of RAM Ratings
December 2007	LRA assigns BB1 ratings to Asian Alliance Insurance PLC
August 2007	LRA reaffirms BBB3/L3 ratings to LB Finance
August 2007	LRA reaffirms A2/L1 ratings to Mercantile Investments
July 2007	LRA reaffirms BBB3/L3 ratings to Asian Finance
July 2007	LRA reaffirms BBB2/L2 ratings to Alliance Finance
July 2007	LRA reaffirms BB2/NP ratings to Arpico Finance
May 2007	LRA reaffirms BBB3/L3 ratings to Bartleet Finance
April 2007	LRA assigns AA3 ratings to Marchant Bank of Sri Lanka's Rs. 600mn debentures
Feb 2007	LRA reaffirms A3/L2 ratings to Senkadagala Finance
Aug 2006	LRA assigns AA3/L1 ratings to Marchant Bank of Sri Lanka
Aug 2006	LRA assigns BB3/NP ratings to The Multi Finance
July 2006	LRA assigns A2/L1 ratings to Mercantile Investments
July 2006	LRA assigns BBB3/L3 ratings to LB Finance
July 2006	LRA assigns BB2/NP ratings to Arpico Finance
May 2006	LRA assigns BBB2/L2 ratings to Alliance Finance
February 2006	LRA assigns BBB3/L3 ratings to Asian Finance
January 2006	LRA assigns A3/L2 ratings to Senkadagala Finance
January 2006	LRA assigns BBB3/L3 ratings to Bartleet Finance

Special Commentary

How safe are your deposits?	Click here to view article
‘Non-Conventional Funding: Islamic Bonds or Sukuk – Part 3’	Click here to view article
‘Non-Conventional Funding: Islamic Bonds or Sukuk – Part 1& 2’	Click here to view article
Islamic finance: A viable alternative?	Click here to view article
Finance companies to emerge relatively unscathed from current liquidity setback	Click here to view article
Global Downturn : Whither Sri Lanka?	Click here to view article
Key Economic Challenges and Prospects for 2008 and 2009	Click here to view article
Telecommunication Service Providers: How Will Revolutionaries Adapt?	Click here to view article
The Reality of Realty	Click here to view article
The Impact of High interest Rates on Finance & Leasing Comapnies	Click here to view article
Benefit of Discrimination under BASEL II	Click here to view article
Amendment to parate rights - boon or bane	Click here to view article
ABS Conference - Organised by RAM	Click here to view article
BASEL II - Capital Accord and its Impact on Corporate Borrowers	Click here to view article
LRA’s parent undergoes a corporate reorganization	Click here to view article
Knowledge on Credit Ratings	Click here to view article

ABS Conference Resources

Mr Channa De Silva, (Director General) Securities & Exchange Commission of Sri Lanka	Regulatory Developments in Securitisation
Ms Joan De Zilva, FCIB(Director of Bank Supervision) Central Bank of Sri Lanka	Securitisation-Unlocking Potential
Mr C.A Sarathchandra (CEO/General Manager) Housing Development & Finance Corporation	Benfits of Securitisation: An issuer's perspective
Mr Naomal Goonawardena (Partner) Nithya Partner	Legal Risk Analysis: Sri Lankan Framework
Ms Kerry Adby (Consultant) Securities & Exchange Commission of Sri Lanka	Issues and Challenges in Securitisation in Sri Lanka
Ms Anoma Bandara (Senior Manager) Corporate Finance First Capital Markets	Structuring A Deal: The Sri Lankan Experience
Aseambankers Malaysia Berhad	Structuring A Deal: The Malaysian Experience
Mr Chong Kwee Siong (General Manager) Structured Finance Ratings, Rating Agency Malaysia	Rating of Asset-Backed Securities
Ms Kerry Adby (Consultant) Securities & Exchange Commission of Sri Lanka	Securitisation Neutrality: Accounting & Tax Considerations