RAM Ratings Lanka is a domestic credit - rating agency registered under the Securities & Exchange Commission of Sri Lanka Act, No. 36 of 1987. RAM Ratings is recognised by the Central Bank of Sri Lanka to undertake mandatory credit rating of financial institutions and as an ECAI under Basel II. In addition, RAM Ratings Lanka is recognised by the Insurance Board of Sri Lanka to assign claims-paying ability ratings to insurance companies. In the regional arena, RAM Ratings Lanka is an ACRAA member.

Having started operations in 2005, RAM Ratings Lanka has to date rated banks- as well as finance, leasing and insurance companies. on top of corporate (credit) and issue ratings. In our short history, we have gained considerable market share in the rated market and have become the leader in the rating of finance and insurance companies. With our ECAI status, RAM Ratings Lanka is poised to gain traction in the sphere of corporate profile ratings.

Renowned for our independent, unbiased views as well as clear and in-depth reports, RAM Ratings Lanka aims to meet the information needs of a developing market such as Sri Lanka.

RAM Ratings Lanka takes pride in being independent of any regulatory or other local participation either in our shareholding structure, board composition or rating committee. We are thus able to provide unbiased opinions, which are ensured through a multi-layered rating process. Our current chief rating officer is a highly experienced staff member seconded from RAM Rating Services Berhad (“RAM Ratings”), the premier credit-rating agency in Malaysia. This embodies RAM Ratings Lanka’s assurance that all assigned ratings blend local knowledge with international perspectives.

RAM Ratings Lanka is a wholly owned subsidiary of RAM Holdings, which also owns RAM Ratings and RAM Consultancy Services Sdn Bhd. RAM Holdings had been incorporated to comply with the Securities Commission of Malaysia’s requirement for the separation of rating and consultancy services, and with the intention of expanding the RAM franchise in the Asian region. Previously, both rating and consultancy services had been under the auspices of Rating Agency Malaysia Berhad. Following the restructuring, the rating agency is now known as RAM Ratings - a subsidiary of RAM Holdings and sister company of RAM Ratings Lanka.

As part of the RAM Group’s longer-term vision, our parent has established an affiliation with internationally renowned Standard and Poor’s. Meanwhile, RAM Holdings is also directly involved in other developing markets such as Bangladesh, Pakistan and Kazakhstan.