US
Outlook on all banks' deposit ratings remains negative, says rating agency
May downgrade country’s long-term local and foreign credit ratings
Upbeat outlook on back of technological advancement, reduced cost of repatriating funds
IMF had conditioned the govt to stop borrowing from the central bank under its latest $6 billion loan programme
The political turmoil comes at a critical time for a Sri Lankan economy struggling with slow growth
Comments come just days after rating agency downgrades China to A1
The change reverses the agency’s May 2016 downgrade to negative
Predictions much higher than assessments made by SBP, says country's susceptibility to event risk is 'high'
Banks will continue to benefit from stable deposit base