Moody’s downgrades three Sri Lankan banks
Moody’s Investors Service today downgraded the long-term foreign and local currency deposit ratings of three banks in Sri Lanka. Moody’s has downgraded the long-term foreign currency deposit ratings of Bank of Ceylon (BOC), Hatton National Bank PLC (HNB) and Sampath Bank PLC (Sampath) to Caa1 from B3, and the banks’ long-term local currency deposit ratings […]