CRISL upgrades credit rating of Lankan Alliance Finance to A+
Corporates
10 August, 2021, 11:45 am
Last modified: 10 August, 2021, 11:53 am
CRISL has completed its grading for LAFL, and the new rating is valid up to 8th June 2022.
Lankan Alliance Finance Limited
Credit Rating Information and Services Ltd (CRISL) has upgraded the Long-Term Credit Rating of Lankan Alliance Finance Limited (LAFL), a joint venture NBFI with foreign collaboration, to A+ from A of the previous year while Short Term Credit Rating remains the same as ST-3, said a press release.
CRISL has completed its grading for LAFL, and the new rating is valid up to 8th June 2022. It views the company with "Stable Outlook" for its steady business growth and consistent fundamentals.
Comments
While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.