Siyapatha Finance PLC, a fully owned subsidiary of Sampath Bank group, has been upgraded to A (lka) with a stable outlook from A- (lka) by Fitch Ratings Lanka Ltd, in their recalibration of national rating scale.
The low default risk and stability exhibited by Siyapatha Finance along with the strength and institutional support rendered by the parent company has resulted in the upgrade. This achievement, at a time of unsound economic conditions stands testament to the company’s strength and capability, the company said in a media release.
“Receiving an upgrade in Fitch Rating is an immense boost to the trust that our customers place in Siyapatha Finance. As we celebrate15 years in operation, we are humbled by the success we have achieved. We have always made an extra effort to understand this and ensure that our customers receive the best returns for their investments, provide trusted financial solutions and maintain high standards in operations. These have been the success factors of Siyapatha Finance, and we are determined to take all our services as close to our customers as possible.” commented by Ananda Senevirathne – Managing Director of Siyapatha Finance PLC, in the statement.
Mr. Ali Sabri Rahim, a Member of Parliament (MP) for Puttalam District whom an open warrant had been issued, attended a public ceremony at Al Aksha National School in Kalpitiya today (16) as the special guest of honor.
The Supreme Court today refused interim relief in an application filed by President’s Counsel Senaka Walgampaya seeking an Order from the Supreme Court compelling the President to appoint judges to fill the existing vacancies in the Court Of Appeal.
All Ceylon Makkal Congress MP Ali Sabri Raheem had been arrested by Kalpitiya police after he surrendered to the police today morning.
Senior DIG Nilantha Jayawardena has been sent on compulsory leave pending disciplinary investigation over his failure to prevent the Easter Sunday bombings.
The 22nd amendment to the constitution dealing with the term of the President has been gazetted by order of President Ranil Wickremesinghe.
Auspicious times widely followed by candidates keeping with traditions will be taken into consideration by the Election Commission in fixing the date and time for the conduct on the Presidential polls.
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