The Investor Sentiment - Equity and investments forum for Sri Lankans



Join the forum, it's quick and easy

The Investor Sentiment - Equity and investments forum for Sri Lankans

The Investor Sentiment - Equity and investments forum for Sri Lankans

Would you like to react to this message? Create an account in a few clicks or log in to continue.
The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

Please send an email to contact.lankaninvestor@gmail.com if you face any technical difficulties when posting

Latest topics

» CIFC Dumps to Expand Your Possibilities to Pass Your Exam
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptyFri Jul 19, 2024 10:30 am by faithhharris

» CCS.N0000 ( Ceylon Cold Stores)
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptyThu Mar 30, 2023 9:25 am by yellow knife

» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
Fitch rates Sampath Bank’s subordinated debentures ‘A+’ EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker


    Fitch rates Sampath Bank’s subordinated debentures ‘A+’

    First Guy
    First Guy


    Posts : 2599
    Join date : 2014-02-22

    Fitch rates Sampath Bank’s subordinated debentures ‘A+’ Empty Fitch rates Sampath Bank’s subordinated debentures ‘A+’

    Post by First Guy Thu Nov 27, 2014 7:49 am

    Fitch Ratings Lanka has assigned Sampath Bank PLC’s (Sampath; AA-(lka)/Stable) proposed subordinated debentures of up to Rs. 7 b a final National Long-Term Rating of ‘A+(lka)’.

    The assignment of the final rating follows the receipt of final documents that conform to information previously received. The final rating is at the same level as the expected rating assigned on 11 November.

    The debentures, which will have a tenor of five years and carry a fixed coupon, will be listed on the Colombo Stock Exchange. Sampath expects to use the proceeds to strengthen its Tier 2 capital base and reduce asset and liability maturity mismatches.

    Key rating drivers
    The proposed debentures are rated one notch below Sampath’s National Long-Term Rating to reflect their subordination to senior unsecured debt.
    Sampath Bank’s rating is driven by its modest and expanding franchise, and relatively higher risk appetite as seen in its aggressive loan growth and high gold-backed lending until end-2013, which has put pressure on its asset quality.

    Fitch believes asset quality indicators could be weaker than those reported should a broader definition of impairment be applied. This could put pressure on its rating given the bank’s lower capitalisation relative to peers.

    Rating sensitivities
    The rating on the debentures will move in tandem with Sampath’s National Long-Term Ratings.

    A full list of Sampath’s ratings follows:
    National Long-Term Rating: ‘AA-(lka)’; Stable Outlook
    Outstanding Sri Lanka rupee-denominated subordinated debentures: ‘A+(lka)’
    Proposed Sri Lanka rupee-denominated subordinated debentures: ‘A+(lka)’

    http://www.ft.lk/2014/11/27/fitch-rates-sampath-banks-subordinated-debentures-a/

      Current date/time is Tue Dec 10, 2024 4:16 pm