Fitch celebrates ten years
Fitch Ratings Lanka Limited (FRL) celebrated ten years of being on
top of the ratings, and continues to cover a diverse spectrum of
corporate institutions and debt instruments within Sri Lanka.
FRL brings Fitch Ratings' global competencies and best practices to
local credit ratings, working closely with its regional offices in
Singapore, Hong Kong, and India.
Fitch Ratings is one of the top three globally recognized credit
rating agencies and has nearly seven decades of experience in global
credit markets. Fitch Ratings' global presence spans capital markets in
over 150 countries, with over 50 offices worldwide, and is
jointly-headquartered in New York and London.
FRL is a joint venture between USA's Fitch Ratings Inc. the
International Finance Corporation (IFC), the Central Bank of Sri Lanka,
and several leading local financial institutions.
FRL has signed an agreement of technical collaboration with Fitch
Ratings. UK, and maintains the same global standards in reviewing and
assigning credit ratings locally.
Code of Conduct - Fitch Ratings' Code of Conduct is based on the
provisions of the International Organization of Securities Commission's
(IOSCO), Principles Regarding the Activities of Credit Rating Agencies,
and the IOSCO Code of Conduct, Fundamentals for Credit Rating Agencies.
Commitment: Committed to serving the world's credit markets, Fitch
has modelled its business on forward-thinking attitudes and an
investor-first orientation.
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