“Outlook for SL’s banking system is negative” – Moody’s

Unknown September 07, 2018

Colombo (News1st): Moody’s Investors Service says that the outlook for Sri Lanka’s banking system is negative, as the economy remains weak and asset quality is deteriorating. Moody’s conclusions are contained in its report titled “Banking System Outlook: Sri Lankan banks, Macroeconomic risks, and deteriorating asset quality drive negative outlook”. Tengfu Li, a Moody’s Analyst in […]