Poging GOUD - Vrij
Fitch rates Bank of Ceylon's Basel III subordinated debt final 'A'
Daily FT
|May 05, 2025
FITCH Ratings has assigned Bank of Ceylon’s (BOC, CCC+/CCC+/AA-(lka)/ Stable) proposed Sri Lankan rupee-denominated Basel Ill-compliant subordinated debentures of up to Rs. 15 billion a final National Long-Term Rating of ‘A(lka)’.
-
The final rating is the same as the expected rating assigned on 2 April, as it follows the receipt of documents conforming to information already received.
Fitch issued following key drivers for its rating decision:
Dit verhaal komt uit de May 05, 2025-editie van Daily FT.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Daily FT
Daily FT
WindForce secures 50 MW Mullikulam Lot 1 wind power project
WINDFORCE PLC said it has received the official Letter of Award from the Ceylon Electricity Board for Lot 1 of the 50 MW Mullikulam Wind Power Project, marking a key step in the implementation of the renewable energy project.
1 min
January 16, 2026
Daily FT
Secondary Bond market extends recovery driving rates lower
THE secondary Bond market on Wednesday opened on a stronger footing, with yields continuing to recover on the back of further renewed buying interest.
1 mins
January 16, 2026
Daily FT
President launches 50 MW Hayleys Fentons Mannar wind power project
PRESIDENT Anura Kumara Dissanayake yesterday launched the 50 MW wind power project developed by Hayleys Fentons Ltd., in Mannar, with the Government announcing that it has secured private sector agreements to develop renewable energy over the next few years far exceeding expectations.
1 mins
January 16, 2026
Daily FT
Vidullanka, David Pieris consortium secure Mullikulam wind project Lot 2
VIDULLANKA PLC said that it, together with consortium partner David Pieris Group, has received the formal Letter of Award from the Ceylon Electricity Board (CEB) for the development of Lot 2 of the Mullikulam Wind Power Project.
1 min
January 16, 2026
Daily FT
Sri Lanka apparel sector makes strong showing at Source Fashion London 2026
SRI Lanka’s apparel industry made a strong and impactful presence at Source Fashion London 2026, held from 13 to 15 January at Olympia London, reinforcing the country’s position as a reliable and competitive global sourcing destination.
2 mins
January 16, 2026
Daily FT
FAO appeals for $16.5 m to restore agrifood livelihoods post-Ditwah
Says $ 400 000 received to date, leaving 97.6% funding gap
2 mins
January 16, 2026
Daily FT
Citizens donate land to ‘Rebuilding Sri Lanka’
AT the inaugural ceremony of 'Rebuilding Sri Lanka' held this week at the Bandaranaike Memorial International Conference Hall (BMICH) in Colombo under the patronage of President Anura Kumara Dissanayake, land donations were made by private citizens including Chandra Kusumawathi Everett, G. Rasanga Prageen Fernando, P. Nimesha Madhumadali Siriwardena, and D.M. Samantha Sarath Ananda.
1 min
January 16, 2026
Daily FT
Pace setters Team Blues, Team Greens secure identical wins
PACE setters of the Women’s National Super League (NSL) T20 tournament Team Blues and Team Green recorded identical wins by 8 wickets in their respective matches concluded at the Colts grounds yesterday.
1 min
January 16, 2026
Daily FT
Army, CR and CH favoured to win
THE INTER Club Rugby League 2025/2026 moves into the deeper end of its first round with only one final set of matches remaining next weekend.
1 mins
January 16, 2026
Daily FT
Industry bodies flag gaps, urge overhaul of Draft National Electricity Policy
THE Ceylon Chamber of Commerce, together with the American Chamber of Commerce, Exporters Association of Sri Lanka, Federation of Renewable Energy Developers, Joint Apparel Association Forum, National Chamber of Commerce of Sri Lanka, and Sri Lanka Association for Software and Services Companies, has submitted joint observations on the Draft National Electricity Policy, highlighting that several key issues have not been adequately addressed.
1 min
January 16, 2026
Listen
Translate
Change font size