The Investor Sentiment - Equity and investments forum for Sri Lankans

Join the forum, it's quick and easy

The Investor Sentiment - Equity and investments forum for Sri Lankans

The Investor Sentiment - Equity and investments forum for Sri Lankans

Would you like to react to this message? Create an account in a few clicks or log in to continue.

The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

Home Register Log in

You are not connected. Please login or register

Please send an email to contact.lankaninvestor@gmail.com if you face any technical difficulties when posting

Latest topics

» CIFC Dumps to Expand Your Possibilities to Pass Your Exam
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Fri Jul 19, 2024 10:30 am by faithhharris

» CCS.N0000 ( Ceylon Cold Stores)
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Wed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Wed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Wed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Wed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Thu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Sun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Thu Mar 30, 2023 9:25 am by yellow knife

» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Thu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Wed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Mon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Fri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Mon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Mon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Mon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Sun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Sun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Sun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Sat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Thu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Wed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Wed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Wed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Tue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Sun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Sun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Sun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Fri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Fri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Fri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Thu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Wed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Sun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Sat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Thu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Sat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Tue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Tue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Wed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Fri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Wed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Tue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Sun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Mon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Sat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Sat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Fri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Thu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Tue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Empty

Tue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

Disclaimer

Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

3 posters

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable

TraderCSE: Posts : 17
Join date : 2015-09-16

Post n°1

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable

by TraderCSE Fri Dec 15, 2017 9:34 am

S&P Global Ratings has revised its credit rating outlook for DFCC Bank from negative to stable, while affirming ‘B’ long-term and ‘B’ short-term issuer credit ratings on the bank.

In its assessment of DFCC’s business position, the bank is projected to maintain its satisfactory market position and business stability over the next 12-18 months. The stable rating reflects the rating agency’s confidence in the financial institution’s ability to navigate operating conditions in Sri Lanka and maintain its financial profile in the coming months.

At the same time, it has affirmed its ‘B’ long-term and ‘B’ short-term issuer credit ratings on DFCC Bank while affirming its senior unsecured debt ratings on the bank.

Further, the rating agency noted that an improvement in the bank’s risk position balances a decline in the bank’s risk-adjusted capital under its new updated methodology. It anticipates the bank’s loan growth to be 14%-18% while profitability is likely to remain stable, with healthy net interest margins and fee income balancing credit costs.

DFCC’s credit costs are expected to increase somewhat in the next 12-18 months due to sluggishness in the economy in the past 18 months and elevated interest rates. However, S&P expects losses to remain well within its normalised loss expectations. The bank’s loan growth has been lower than the industry average and the proportion of granular retail assets has increased in the past few years.

Commenting on the latest rating, DFCC Bank CEO Lakshman Silva said: “We are pleased that S&P has recognised that DFCC Bank’s fundamentals keep improving with the deposit base increasing, loan to deposit ratio moving in the right direction and NP ratio within the industry average.

The upward revision of the rating outlook fully justifies the decision of the Board taken last year to sacrifice short-term profitability in exchange for long-term stability.”

http://www.ft.lk/front-page/S-P-upgrades-DFCC-Bank-s-rating-outlook-from-Negative-to-Stable--ratings-affirmed-at-B-B/44-645209

CK: Active Member; Posts : 1393
Join date : 2015-11-01

Post n°2

Re: S&P upgrades DFCC Bank’s rating outlook from Negative to Stable

by CK Fri Dec 15, 2017 12:13 pm

Thanks tradercse

Ethical Trader: Top contributor; Posts : 5568
Join date : 2014-02-28

Post n°3

Re: S&P upgrades DFCC Bank’s rating outlook from Negative to Stable

by Ethical Trader Sat Dec 16, 2017 2:01 pm

Thanks.

Similar topics

» Correction: Fitch Downgrades NDB; Affirms 8 Sri Lanka Banks, Negative Outlook on DFCC, Sampath
» DFCC Bank to sell Rs5.0bn debt; Fitch Sri Lanka AA-(lka) rating confirmed
» Fitch revises Outlook on Sri Lanka to stable
» Fitch downgrades Softlogic Holdings to - BBB-(lka); places on Rating Watch Negative
» Sri Lanka banks to grow loans 14-pct in 2014, outlook stable: Moody's

Follow @LankanInvestor

Forum Administrator
Admin
*Administration/Technical related functions in addition to moderator functions*

Forum Moderators
slstock
smallville
Sriranga
කිත්සිරි ද සිල්වා
*Moderation capabilities for all discussion categories*
*In alphabetical order*

Top posters

කිත්සිරි ද සිල්වා (9679)

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Voting_bar

yellow knife (6980)

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Voting_bar

nihal123 (6327)

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Voting_bar

slstock (6216)

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Voting_bar

sashimaal (5785)

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Voting_bar

Ethical Trader (5568)

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Voting_bar

serene (4850)

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Voting_bar

Backstage (3803)

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Voting_bar

Sriranga (3226)

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Voting_bar

The Invisible (3116)

S&P upgrades DFCC Bank’s rating outlook from Negative to Stable Voting_bar

shopify analytics

Keywords

royal Bank watch Lanka daily Cinv lioc sense CFVF Browns CIND flying hayc shores quarterly stock Lofc dividend TKYO COMB making SLSTOCK RICH glas EXPO meantime

Most Viewed Topics

Dividend Announcement

Dividend Announcements

In the Meantime Within Our Shores!

Thread for News on CSE and SL Economy

Coronavirus Updates

SAMP.N0000 (Sampath Bank PLC)

REXP.N0000 (Richard Pieris Exports PLC)

අපි තමයි හොඳටම කරේ !

104 Technical trading experiments by HUNTER

SEYB.N0000 (Seylan Bank PLC)

Current date/time is Fri Nov 08, 2024 5:05 am