Posted on 17 September 2018
ICRA Lanka Limited, a subsidiary of ICRA Limited, Group Company of Moody’s Investor Service affirmed the issuer rating of [SL] A+ with a stable outlook for MCB Bank Limited Sri Lanka.
Healthy profitability, comfortable capitalization, stability of management and operation have been considered as the key drivers for the rating which is a testimony of Sri Lankan operation despite several challenges faced in 2018.