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Rating Reports
Hayleys PLC- Proposed LKR 2.0 Billion Debentures : AA- 16 - 4 - 2013
Union Bank of Colombo PLC - Rating Review 2012: BBB/P3 (Stable Outlook) 5 - 4 - 2013
George Steuart Finance PLC - Rating Review 2012 : BB-/NP (Stable Outlook) 21 - 3 - 2013
Alliance Finance Company PLC - Rating Review 2012: BBB/P2 (Positive Outlook) 28 - 2 - 2013
Lanka Hospitals Corporation PLC - Rating Review 2012 : A+/P1 (Outlook) 27 - 2 - 2013
Associated Motor Finance PLC - Rating Review 2012: BB-/NP (Stable Outlook) 10 - 1 - 2013
Vidullanka PLC - Rating Review 2012: A-/P2 (Stable Outlook) 4 - 1 - 2013
Hayleys PLC - Rating Review 2012: AA-/P1 (Stable Outlook) 4 - 1 - 2013
Citizens Development Business Finance PLC - Rating Review 2012: BBB/P2 (Stable Outlook) 7 - 12 - 2012
Standard Chartered Bank, Sri Lanka Brach - Rating Review 2012: AAA/P1 (Stable Outlook) 20 - 11 - 2012
Sri Lanka Insurance Corporation Ltd - Rating Review 2012: AAA/P1 (Stable Outlook) 14 - 11 - 2012
Softlogic Finance PLC - Rating Review 2012: BBB-/P3 (Stable Outlook) 30 - 9 - 2012
SANASA Development Bank - Rating Review 2012: BBB/P3 (Positive Outlook) 30 - 8 - 2012
Commercial Credit and Finance PLC - Rating Review 2012: BB+/NP (Stable Outlook) 8 - 8 - 2012
Sampath Bank PLC - Rating Review 2012: AA/P1 (Stable Outlook) 26 - 7 - 2012
Commercial Bank of Ceylon PLC - Rating Review 2012: AA+/P1 (Stable Outlook) 19 - 7 - 2012
Bimputh Lanka Investments PLC - Credit Update 2012: BB-/NP (Stable Outlook) 16 - 7 - 2012
Merchant Bank of Sri Lanka PLC - Rating Review 2012: AA-/P1 (Stable Outlook) 6 - 7 - 2012
Alliance Finance Co., PLC - Rating Review 2011: BBB/P2 (Stable Outlook) 10 - 4 - 2012
Lankaputhra Development Bank - Rating Review 2011: A-/P1 (Stable Outlook) 5 - 4 - 2012
Bartleet Finance PLC - Rating Review 2011: BBB-/P3 (Negative Outlook) 30 - 3 - 2012
Mercantile Investments PLC - Rating Review 2011: BBB+/P2 (Stable Outlook) 28 - 3 - 2012
Hayleys PLC - Initial Rating 2011: AA-/P1 (Stable Outlook) 15 - 3 - 2012
LB Finance PLC - Rating Review 2011: A-/P2 (Stable Outlook) 12 - 3 - 2012
Sri Lanka Savings Bank - Initial Rating 2011: BBB/P2 (Stable Outlook) 20 - 2 - 2012
Janashakthi Insurance PLC - Rating Review 2011: A-/P2 (Stable Outlook) 10 - 2 - 2012
Citizens Development Business Finance - Rating Review 2011: BBB (Stable Outlook) 2 - 2 - 2012
Union Bank of Colombo - Rating Review 2011: BBB (Stable Outlook) 21 - 12 - 2011
People's Bank - Rating Review 2011: AAA (Stable Outlook) 16 - 12 - 2011
National Insurance Trust Fund - Rating Review 2011: AAA (Stable Outlook) 1 - 12 - 2011
Arpico Finance PLC - Rating Review 2011: BB (Positive Outlook) 30 - 11 - 2011
Asian Alliance Insurance - Rating Review 2011: BBB- (Stable Outlook) 25 - 11 - 2011
Vidullanka PLC - Rating Review 2011: A- (Stable Outlook) 23 - 11 - 2011
Co-operative Insurance - Rating Review 2011: BB+ (Stable Outlook) 21 - 11 - 2011
SANASA Development Bank - Rating Review 2011: BBB (Stable Outlook) 8 - 11 - 2011
Softlogic Finance PLC - Initial Rating 2011: BBB- (Stable Outlook) 25 - 10 - 2011
Prime Grameen Micro Finance Ltd - Initial Rating 2011: B- (Stable Outlook) 10 - 10 - 2011
Sampath Bank PLC - Rating Review 2011: AA (Stable Outlook) 23 - 9 - 2011
Associated Motor Finance PLC - Rating Review 2011 : BB- (Stable Outlook) 14 - 9 - 2011
State Mortgage & Investment Bank - Rating Review 2011: A/P1 (Stable Outlook) 25 - 8 - 2011
Commercial Bank - Initial Rating 2011: AA+ (Stable Outlook) 22 - 8 - 2011
Sri Lanka Insurance Corporation - Rating Review 2011 : AAA (Stable Outlook) 10 - 8 - 2011
Nawaloka Hospitals PLC - Rating Review 2011 : A (Stable Outlook) 25 - 7 - 2011
Merchant Bank of Sri Lanka - Rating Review 2011: AA- (Stable Outlook) 25 - 7 - 2011
Bartleet Finance Credit Update - Proposed LKR 204 million Debenture Issue 22 - 7 - 2011
Construction Guarantee Fund - Rating Review 2011 : BBB+ (Stable Outlook) 27 - 6 - 2011
Bimputh Lanka Investments - Initial Rating 2011: BB (Stable Outlook) 2 - 5 - 2011
Bartleet Finance - Rating Review 2010 : BBB- (Stable Outlook) 20 - 4 - 2011
Union Bank of Colombo - Initial Rating 2010: BBB (Stable Outlook) 10 - 3 - 2011
Swarnamahal Financial Services - Initial Rating 2011: BB+ (Stable Outlook) 12 - 2 - 2011
LB Finance PLC - Rating Review 2010 : Upgraded to BBB+ (Stable Outlook) 10 - 2 - 2011
Asian Finance - Rating Review 2010: Downgraded to D 10 - 2 - 2011
Arpico Finance PLC - Rating Review 2010: BB (Positive Outlook) 28 - 1 - 2011
Asian Alliance Insurance - Rating Review 2010 : BBB- (Stable Outlook) 27 - 1 - 2011
People's Merchant Finance - Rating Review 2010 : BBB- (Stable Outlook) 20 - 1 - 2011
Vidullanka PLC - Rating Review 2010 : Upgraded to A- (Stable Outlook) 13 - 1 - 2011
Mercantile Investment - Rating Review 2010: A (Negative Outlook) 5 - 1 - 2011
State Mortgage & Investment Bank - Rating Review 2010: A (Stable Outlook) 3 - 1 - 2011
Co-operative Insurance - Rating Review 2010 : Upgraded to BB+ (Stable Outlook) 16 - 12 - 2010
Janashakthi Insurance - Rating Review 2010 : Upgraded to A- (Stable Outlook) 15 - 12 - 2010
Citizens Development Business Finance - Initial Rating 2010: BBB- (Stable Outlook) 10 - 12 - 2010
Associated Motor Finance - Rating Review 2010: BB- (Stable Outlook) 6 - 12 - 2010
People's Bank - Initial Rating 2010: AAA (Stable Outlook) 12 - 11 - 2010
Sampath Bank PLC - Initial Rating 2010: AA (Stable Outlook) 27 - 10 - 2010
Standard Chartered Bank - Initial Rating 2010: AAA (Stable Outlook) 30 - 9 - 2010
Lankaputhra Development Bank - Rating Review 2010: A (Negative Outlook) 27 - 9 - 2010
SANASA Development Bank - Rating Review 2010: BBB (Stable Outlook) 26 - 8 - 2010
Merchant Bank of Sri Lanka - Rating Review 2010: AA- (Stable Outlook) 8 - 7 - 2010
Nawaloka Hospitals PLC - Initial Rating 2010: Assigned A (Stable Outlook) 7 - 7 - 2010
Construction Guarantee Fund - Initial Rating 2010: Assigned BBB+ (Stable Outlook) 30 - 6 - 2010
The Multi Finance Co., Ltd. - Rating Review 2009: BB- (Stable Outlook) Rating Withdrawn 19 - 5 - 2010
Sri Lanka Insurance Corporation - Rating Review 2009: Upgraded to AAA (Stable Outlook) 11 - 5 - 2010
Senkadagala Finance – Rating Review 2009: Downgraded to BBB+ (Stable Outlook) 8 - 4 - 2010
Associated Motor Finance – Rating Review 2009: Upgraded to BB- (Stable Outlook) 28 - 2 - 2010
Alliance Finance Company PLC - Rating Review 2009: BBB (Stable Outlook) 1 - 2 - 2010
Vidullanka PLC – Initial Rating 2009: BBB+ (Stable Outlook) 29 - 12 - 2009
People’s Merchant Finance Co, Ltd - Rating Review 2009: Upgraded to BBB- (Stable Outlook) 18 - 12 - 2009
Bartleet Finance Limited – Rating Review 2009: BBB- (Negative Outlook) 16 - 12 - 2009
Central Investment & Finance Limited – Rating Review 2009: C- (Stable Outlook) 15 - 12 - 2009
Lankaputhra Development Bank - Initial Rating 2009: A / P1 (Stable Outlook) 18 - 11 - 2009
Janashakthi Insurance PLC – Rating Review 2009: BBB+ (Stable Outlook) 18 - 11 - 2009
Arpico Finance – Rating Review 2009: BB (Stable Outlook) 28 - 10 - 2009
State Mortgage & Investment Bank – Initial Rating 2009: A (Stable Outlook) 19 - 10 - 2009
Asian Alliance Insurance – Rating Review 2009: BB+ (Stable Outlook) 15 - 10 - 2009
LB Finance – Rating Review 2009: BBB (Stable Outlook) 28 - 8 - 2009
Co-operative Insurance Company, Ltd - CPA Rating Review 2009 : BB (Stable Outlook) 23 - 8 - 2009
Mercantile Investments – Rating Review 2009: A/P1 (Negative Outlook) 15 - 8 - 2009
Merchant Bank of Sri Lanka – Rating Review 2009: AA-/P1 (Stable Outlook) 12 - 8 - 2009
MBSL - Rs 300 million Debentures: AA- (Stable Outlook) 12 - 8 - 2009
The Multi Finance Co, Ltd. - Rating Review 2008 : BB-/NP (Stable Outlook) 20 - 7 - 2009
RAM Ratings Lanka revises SLIC’s rating outlook to positive 5 - 6 - 2009
RAM Ratings Lanka places Janashakthi Insurance on Rating Watch 11 - 5 - 2009
Janashakthi Insurance – Initial Rating 2008: BBB+ (Stable Outlook) 19 - 4 - 2009
Central Investment & Finance Limited – Rating Review 2009: B+ (Negative Outlook) 15 - 4 - 2009
RAM Ratings Lanka puts Merchant Bank of Sri Lanka on Rating Watch 1 - 4 - 2009
Senkadagala Finance – Rating Review 2008: A- (Negative Outlook) 23 - 2 - 2009
Bartleet Finance Limited – Rating Review 2008: BBB- (Stable Outlook) 19 - 12 - 2008
Asian Alliance Insurance – Rating Review 2008: BB+ (Stable Outlook) 19 - 12 - 2008
Arpico Finance – Rating Review 2008: BB (Negative Outlook) 30 - 10 - 2008
Asian Finance - Rating Review 2008: BB+ (Stable Outlook) 15 - 9 - 2008
Sri Lanka Insurance Corporation - Initial Rating 2008: AA- (Stable Outlook) 6 - 9 - 2008
Alliance Finance Company PLC - Rating Review 2008: BBB (Stable Outlook) 5 - 9 - 2008
Mercantile Investments - Proposed Debt Facility: Initial Rating P1 1 - 9 - 2008
LB Finance – Rating Review 2008: BBB- (Stable Outlook) 15 - 8 - 2008
Mercantile Investments – Rating Review 2008: A (Negative Outlook) 29 - 6 - 2008
Asian Finance - Initial Rating 2007: BBB- (Stable Outlook) 12 - 7 - 2007
Asian Finance - Initial Rating 2006: BBB- (Stable Outlook) 17 - 1 - 2006
 
 
 
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