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Fitch affirms Standard Chartered Bank, Sri Lanka ‘AAA(lka)’ rating
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Fitch affirms Citibank Colombo’s ‘AAA(lka)’ rating
ECONOMYNEXT – Fitch Ratings has affirmed Citibank N.A. – Colombo Branch’s (CitiSL) National Long-Term Rating at ‘AAA(lka)’ supported by its close alignment with Citigroup’s objectives and its strong operational integration within the group. CitiSL’s balance sheet remains highly liquid, Fitch noted, adding that it expects to maintain strong capital buffers. “CitiSL’s focus on top tier corporates and multinational clients has helped shield it from…
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