Fitch assigns BBB+ (EXP) rating to DFCC Bank debentures

Fitch Ratings has assigned a 'BBB+(EXP)(lka)' rating to proposed debenture issues by DFCC Bank in Sri Lanka.

The rating reflects the agency's assessment of the lender's credit profile within the local market context.

Fitch recently assigned a National Long-Term Rating of A(lka) to Sri Lanka Commercial Bank's proposed debenture issue of 20 billion rupees.

The move comes as Sri Lankan banks continue to access domestic capital markets to manage liquidity and funding needs.

DFCC Bank's rating aligns with the broader trend of international agencies re-engaging with the country's financial sector following its economic restructuring.

This development follows similar rating actions for other major Sri Lankan lenders.

Fitch recently assigned a National Long-Term Rating of A(lka) to Sri Lanka Commercial Bank's proposed debenture issue of 20 billion rupees.