Multi Finance appoints RAM Ratings as new rating agency
Friday, 7 March 2014 04:21
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Multi Finance PLC (MPF), one of the long-standing finance companies in Sri Lanka, declared that the company has withdrawn from Fitch Ratings Lanka.
Accordingly, the company has assigned RAM Ratings Lanka as its rating agency from 1 January for the company’s periodic rating reviews.
Further, Multi Finance confirms that they stopped providing information to Fitch Ratings Lanka from 1 January for any assessment on behalf of the company and future rating analytical coverage will be provided by RAM Ratings (Lanka) Ltd.
