Sri Lanka, Nov. 10 -- Fitch Ratings has upgraded Commercial Bank of Ceylon PLC's National Long-Term Rating to 'AA(lka)' from 'AA-(lka),' effective October 30, 2026, reinforcing the Bank's position as Sri Lanka's benchmark private-sector lender and highlighting its enduring financial strength.Sri Lanka travel

The upgrade follows Fitch's recalibration of Sri Lanka's national rating low credit scale after the sovereign rating upgrade in September 2026, while also reflecting the scope for greater positive differentiation of Commercial Bank's credit profile relative to large private-sector banking peers. The 'AA(lka)' rating signifies very high credit quality and very low default risk relative to other issuers in the country, providing an imp...