Siyapatha Finance at ‘BBB+(lka)’; Outlook Stable

Fitch Ratings has affirmed Siyapatha Finance PLC’s National Long-Term Rating at ‘BBB+(lka)’ with a Stable Outlook. Fitch also affirmed Siyapatha’s Siyapatha’s rating is driven by our expectation that its parent, Sampath Bank PLC (A(lka)/Stable), would provide extraordinary support to Siyapatha if required. “Sampath’s ability to support its subsidiary is reflected in its rating and Siyaphtha’s relatively modest size. Our support assessment also considers Sampath’s full ownership of Siyapatha, a record of equity support and combined branding.”