January 8, 2018 / 8:14 AM / 11 days ago

BRIEF-‍Fitch says Sri Lankan banks to step up basel III Tier 2 issuance​

Jan 8 (Reuters) -

* ‍FITCH: SRI LANKAN BANKS TO STEP UP BASEL III TIER 2 ISSUANCE​

* FITCH- ‍MOST SRI LANKAN BANKS WILL NEED TO RAISE CAPITAL TO MEET HIGHER BASEL III REQUIREMENTS, AND TO SUPPORT BALANCE-SHEET EXPANSION​

* FITCH- ‍RATED BASEL III TIER 2 ISSUANCE OF SAMPATH BANK, SEYLAN BANK, NATIONS TRUST BANK AND BANK OF CEYLON ONE NOTCH BELOW RESPECTIVE ANCHOR RATINGS​ Source text for Eikon: Further company coverage:

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