Fitch Ratings has assigned Sampath Bank PLC's (AA-(lka)/Stable) proposed Sri Lankan rupee-denominated Basel III-compliant subordinated debentures of up to LKR10 billion a final National Long-Term Rating of 'A(lka)'. The proposed debentures, which wil
Fitch rates the proposed Basel III Tier 2 debentures two notches below the bank's National Long-Term Rating of 'AA-(lka)'. A downgrade of the bank's National Long-Term Rating will lead to a downgrade of the subordinated debt rating. An upgrade of the bank's National Long-Term Rating will lead to an upgrade of the subordinated debt rating.
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