Fitch upgrades Siyapatha Finance to ‘A(lka) stable’ | Daily News


 

Fitch upgrades Siyapatha Finance to ‘A(lka) stable’

Ananda Senevirathne
Ananda Senevirathne

Siyapatha Finance PLC, a fully owned subsidiary of Sampath Bank group, one of Sri Lanka’s trusted financial service providers, has been upgraded to A(lka) with a stable outlook from A- (lka) by Fitch Ratings Lanka Ltd, in their recalibration of national rating scale.

The low default risk and stability exhibited by Siyapatha Finance along with the strength and institutional support rendered by the parent company has resulted in the upgrade. This achievement, at a time of unsound economic conditions stands testament to the company’s strength and capability.

“As we celebrate commendable 15 years in operation, receiving an upgrade in Fitch Rating is an immense boost to the trust that our customers place in Siyapatha Finance,” commented by Ananda Senevirathne – Managing Director of Siyapatha Finance PLC. “We have always made an extra effort to understand this and ensure that our customers receive the best returns for their investments, provide trusted financial solutions and maintain high standards in operations.”

Siyapatha Finance is one of the leading financial organizations in Sri Lanka with a network of branches across the country. 


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