ECONOMYNEXT – Sri Lanka’s Capital Alliance PLC (CAL) has been upgraded to A+ with a Stable Outlook by Lanka Rating Agency, based on its profitability, capital adequacy, and prudent risk management practices. “LRA also noted the company’s consistent earnings performance, effective liquidity management, and measured approach to balance-sheet growth,” the company said. The rating upgrade recognises CAL’s sustained profitability, robust capital adequacy maintained well above regulatory requirements, and its leading position in Sri Lanka’s government securities market. LRA also noted the company’s consistent earnings performance, effective liquidity management, and measured approach to balance-sheet growth. CAL’s treasury operations continue to play…
Sri Lanka’s Capital Alliance upgraded to A+ by Lanka Rating Agency
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