ICRA Lanka Ltd. has assigned the issue ratings of (SL)A with a Stable outlook for the proposed Rs. ICRA Lanka has an outstanding issuer rating of (SL)A with a Stable outlook for LOLC Holdings PLC. ICRA Lanka also has an outstanding issue rating of (SL)A with a Stable outlook for the Rs. 5,000 million Senior Unsecured Redeemable Debenture Programme, the issue rating of (SL)A with a Stable outlook for the outstanding Rs. Further, ICRA Lanka would continue to monitor the performances of the non-financial service entities and their contribution to the overall group going forward.

Source: The Nation February 15, 2021 23:03 UTC