Fitch withdraws Pradeshiya Sanwardhana Bank’s rating

Fitch Ratings Lanka has withdrawn Sri Lanka-based Pradeshiya Sanwardhana Bank’s (PSB) National Long-Term Rating of ‘BBB+(lka)’ with Stable Outlook.

Fitch is withdrawing the rating as PSB has chosen to stop participating in the rating process.

Therefore, Fitch will no longer have sufficient information to maintain the rating. Accordingly,

Fitch will no longer provide ratings or analytical coverage for PSB.