COLOMBO, 17 August 2026 – PMF Finance PLC (CSE: PMF) today announced a significant upgrade to its credit rating, moving from ‘BB- Stable’ to ‘Ba Stable’. The upgrade, issued by Lanka Rating Agency on August 14, 2026, reflects an improved assessment of the company’s financial health and stability, as communicated in an official filing to the Colombo Stock Exchange (CSE).
A Boost for Financial Standing and Investor Confidence
The decision by Lanka Rating Agency to upgrade PMF Finance PLC’s long-term credit rating to ‘Ba’ from its previous ‘BB-‘ with a stable outlook is a strong affirmation of the company’s recent performance and strategic direction. A ‘Ba’ rating generally indicates a greater capacity to meet financial commitments, albeit still subject to some degree of credit risk.
This upgrade is anticipated to bolster investor confidence in PMF Finance PLC, potentially leading to more favourable borrowing terms and enhanced access to capital markets. It signals to stakeholders, including depositors, lenders, and shareholders, that the company’s financial fundamentals are strengthening.
Adherence to Regulatory Transparency
The announcement, made by Ms. Sinnathamby Kavitha, Company Secretary of PMF Finance PLC, was issued in accordance with Section 8.1 of the Colombo Stock Exchange Listing Rules. This adherence underscores the company’s commitment to transparency and timely disclosure of material information to the market and its stakeholders.
PMF Finance PLC, a licensed finance company registered as PO 200, operates from its headquarters at No. 361, 361/1, R. A. De Mel Mawatha, Colombo 03. The company has been a notable player in Sri Lanka’s financial services sector, providing a range of financial solutions to individuals and businesses across the island.
Positive Outlook for PMF Finance PLC
The upgrade to ‘Ba’ with a stable outlook indicates that Lanka Rating Agency believes PMF Finance PLC is likely to maintain its improved financial position in the foreseeable future. This positive development is a testament to the company’s management efforts and operational resilience in the dynamic Sri Lankan economic landscape.
PMF Finance PLC expressed its pleasure regarding the upgrade, viewing it as a critical milestone that reinforces its position within the competitive financial services industry.
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