HNB’s rated at A(lka) by Fitch Ratings Lanka Ltd.
Latest Information
Fitch views the upside potential of HNB's ratings as limited given its higher risk appetite, which has led to weaker through-the-cycle asset quality compared with peers'. A material increase in risk taking, unless sufficiently mitigated through capital and financial performance, could result in a rating downgrade.
The ratings of senior and subordinated debt are primarily sensitive to changes in HNB's National Long-Term Rating.
Analysts:
Jeewanthi Malagala, CFA
+9411 2541900
[email protected]
Rukshana Thalgodapitiya, CFA
+9411 2541900
[email protected]
